2 Units property with great income potential. First floor features 3 bedrooms, living room, kitchen, 1 full bathroom. 2nd floor features a huge apartment with 5 bedrooms, Kitchen, 2 Living rooms and 2 full bathrooms. Located near the Jersey Gardens Mall, Newark International Airport, major highways, NYC, and much more.
Under contract
$639,500
239 Magnolia Ave, Elizabeth City, NJ 07206
8beds
19,998sqft
Est.:
Multi Family
Built in 1880
-- sqft lot
$-- Zestimate®
$32/sqft
$-- HOA
What's special
- 108 days |
- 126 |
- 1 |
Zillow last checked: 20 hours ago
Listing updated: December 04, 2025 at 06:15am
Listed by:
Alexandra Corticada 908-289-7746,
Exit Realty Lucky Associates
Source: GSMLS,MLS#: 3984883
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 3
- Full bathrooms: 3
Heating
- 2 Units, Radiators - Hot Water, Natural Gas
Cooling
- Window Unit(s)
Appliances
- Included: Range/Oven - Gas, Electric Water Heater
Features
- Bedrooms, Eat-in Kitchen, Living Room, Eat-In Kitchen, Family Room
- Basement: Yes,Full,Unfinished
- Has fireplace: No
Interior area
- Total structure area: 19,998
- Total interior livable area: 19,998 sqft
Property
Parking
- Parking features: None
Features
- Levels: 3-Three Story
- Stories: 3
Lot
- Size: 2,613.6 Square Feet
- Dimensions: 25 x 100
Details
- Parcel number: 2904008100000000380000
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Stucco, Vinyl Siding
- Roof: Asphalt Shingle
Condition
- Year built: 1880
- Major remodel year: 2010
Utilities & green energy
- Gas: Gas-Natural
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Connected, Natural Gas Connected
Community & HOA
Community
- Security: Carbon Monoxide Detector(s), Smoke Detector(s), Carbon Monoxide Detector, Smoke Detector
Location
- Region: Elizabeth
Financial & listing details
- Price per square foot: $32/sqft
- Tax assessed value: $423,200
- Annual tax amount: $8,142
- Date on market: 9/4/2025
- Total actual rent: 12099
- Tenant pays: Electricity, Gas, Tenant Pays Heat, Tenant Pays Electric, Tenant Pays Gas
- Electric utility on property: Yes
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 12/4/2025 | Contingent | $639,500$32/sqft |
Source: EXIT Realty broker feed #3984883 Report a problem | ||
| 12/4/2025 | Pending sale | $639,500$32/sqft |
Source: | ||
| 9/4/2025 | Listed for sale | $639,500+166.5%$32/sqft |
Source: | ||
| 5/6/2004 | Sold | $240,000+84.6%$12/sqft |
Source: Public Record Report a problem | ||
| 3/23/1994 | Sold | $130,000$7/sqft |
Source: Public Record Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $8,142 | $423,200 |
| 2024 | $8,142 | $423,200 +1178.5% |
| 2023 | -- | $33,100 |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$4,393/mo
Principal & interest
$3077
Property taxes
$1092
Home insurance
$224
Climate risks
Neighborhood: Elizabethport
Nearby schools
GreatSchools rating
- 5/10Number 1, George Washington Elementary SchoolGrades: PK-8Distance: 0.2 mi
- 1/10T A Edison Career Tech AcademyGrades: 9-12Distance: 1.3 mi
- 1/10Adm W F Halsey Leadership AcademyGrades: 9-12Distance: 1.4 mi
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