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Renovated Duplex with Separate Heating Systems
For Sale
$549,000

629 Magnolia Ave, Elizabeth, NJ 07206

MULTI_FAMILY - Elizabeth City, NJ

Property SizeContact for details
Days on Market22

Property Features for 629 Magnolia Ave

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 4
Bathrooms 2
Full bathrooms 2
Rooms Bedroom 1, Bedroom 2, Bathroom 2, Bathroom 1, Bedroom 3, Bedroom 4
Exterior features Metal Fence
Fencing Fenced
Directions Take Parker Rd to Prince St and onto Magnolia Ave. Make a right onto Division St, a left onto Trumbull, and a slight right onto Magnolia.
Standard status Active

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 6976

Utilities

Sewer type Public Sewer
Heating system Forced Air
Water source Public

Building Details

Year built 1900
Floors in Building 2
Number of units 2
Roof type Flat
Architectural style Other
Listing Agency: KELLER WILLIAMS REALTY
Listed By: MICHAEL MARTINETTI · License #297275
Added: Jul 20 Changed: Aug 2 Last Checked: Aug 10 at 5:06AM
MLS# 4041820

Copyright © 2026 Garden State MLS, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This fully renovated duplex features two independently operating units. Updates completed in 2025 include two bedrooms per unit, a spacious living area, and an eat-in kitchen. Both units have luxury vinyl plank flooring, dark cabinetry with quartz countertops, herringbone tile backsplash, and stainless steel gas ranges with refrigerators. Each bathroom has floor-to-ceiling tile, black-framed glass shower enclosures, rain head fixtures, and gold-accented mirrors. Heating is forced air with separate gas heating systems for each unit, along with recessed lighting and black ceiling fans throughout. The property has a metal fence, a flat roof, public water, and public sewer.

Located at 629 Magnolia Ave in Elizabeth, the duplex is positioned conveniently between Rt 9 and the NJ Turnpike. On-street parking is available, and public bus transportation is about a half mile away.

Key Highlights

  • Fully renovated with updates completed in 2025
  • Two‑family duplex with separate gas heating systems for each unit
  • Each unit offers two bedrooms, a living area, and an eat‑in kitchen

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Garden Center Dental Office Daycare Center Locksmith Pet Grooming Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Multi-tenant
Tenancy
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

1,286
Businesses Nearby

Demographics for 07206, NJ

30,982
Population
9,712
Households
3.2
Avg Household Size
31
Median Age
8%
College-Educated
64%
High-School Grad
1.8 sq mi
ZIP Area
17,212
Density / Sq Mi
$60,992
Median Household Income
$38,541
Median Earnings
$1,543
Median Rent
$339,200
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Duplex - Each unit in this renovated duplex has two bedrooms, an eat-in kitchen, and independent forced-air gas heating.
Where is this duplex located?
The property is located at 629 Magnolia Ave Elizabeth, NJ.
What is the asking price?
The asking price for this property is $549,000.
What are key features of this property?
This property features: Fully renovated with updates completed in 2025; Two‑family duplex with separate gas heating systems for each unit; Each unit offers two bedrooms, a living area, and an eat‑in kitchen
More about this property
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