Two-Story Multi-Family
For Sale
$659,000
333 Magnolia Ave, Elizabeth, NJ 07206
Multi-unit building with two-bedroom units on the first floor and four two-bedroom units on the second floor.
Days on Market38
Property Features for 333 Magnolia Ave
General Information
Standard status
Active
Property subtype
Multi Family
Additional Details
Multifamily Units
6
Building Details
Year Built
1900
Stories
2
Tenancy
Multi
Listing Agency:
RE/MAX NEW MILLENNIUM GROUP
(908) 282-1234
Listed By:
WENDY BANEGAS
Source:
Elliman
Added: Jun 23
Changed: Jul 22
Last Checked: Jul 30 at 12:30PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of RE/MAX NEW MILLENNIUM GROUP
Investment Insights
Based on property information with market context.
This two-story multi-family building features multiple two-bedroom apartments configured with two units on the first floor and four units on the second floor. Recent updates include new kitchens and baths, new flooring, heating units, and water heaters.
The property also lists bikeScore of 53 and walkScore of 84, along with a transitScore of 58.
For investors and owner-occupants, the combination of unit layout and comprehensive interior systems upgrades supports straightforward management of the existing residential income configuration.
The property also lists bikeScore of 53 and walkScore of 84, along with a transitScore of 58.
For investors and owner-occupants, the combination of unit layout and comprehensive interior systems upgrades supports straightforward management of the existing residential income configuration.
Key Highlights
- Multi‑unit house built in 1900
- 2 two‑bedroom units on the 1st floor
- 4 two‑bedroom units on the 2nd floor
Property Analytics
Current Use
Lease Details
6
Residential units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,286
Businesses Nearby
Explore this area
Business Placement
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
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Frequently Asked Questions
What type of property is this?
Apartment building - Multi-unit building with two-bedroom units on the first floor and four two-bedroom units on the second floor.
Where is this apartment building located?
The property is located at 333 Magnolia Ave Elizabeth, NJ.
What is the asking price?
The asking price for this property is $659,000.
What are key features of this property?
This property features: Multi‑unit house built in 1900; 2 two‑bedroom units on the 1st floor; 4 two‑bedroom units on the 2nd floor
