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626 Magnolia Ave, Elizabeth City, NJ 07206

Union County

Key Facts

5Beds
2Baths
1,600Sq Ft
1910Year Built
0.06Lot (acres)
1Stories

Description

Well-maintained and recently updated multi-family property in the heart of Elizabeth, offering a fantastic opportunity for both investors and owner-occupants. This spacious property features three levels of living space with flexible layouts throughout. The first floor offers 2 bedrooms and 1 full bathroom, while the second floor features 2 bedrooms with the potential for a 3rd bedroom, along with 1 full bathroom. The third floor provides an additional 2 bedrooms and 1 full bathroom, creating plenty of space for extended living arrangements or rental income potential. Recent improvements help make this property move-in ready, including a newer roof, updated retaining walls, and a durable vinyl privacy fence that enhances both curb appeal and functionality. A shared driveway provides off-street parking convenience. Conveniently located near shopping, restaurants, schools, parks, major highways, and public transportation, this property offers easy access for commuters while providing strong income-producing potential. Whether you're looking to expand your investment portfolio or occupy one unit while generating rental income from the others, this well-maintained Elizabeth property is an opportunity you won't want to miss. Schedule your private tour today!

Property Information

Property Type

Residential Income

Sub-Type

Multi Family

Style

1-One Story

Year Built

1910

Stories

1

Living Area

1,600 sq ft

Lot Size

0.06 acres

Days on Market

27

MLS® Listing#

4035404

Property Features

Appliances:
Gas Water Heater
Cooling:
Window Unit(s)
Heating:
Natural Gas
Flooring:
Tile, Vinyl
Basement:
Full, Unfinished
Parking:
Shared Driveway
Patio:
Patio, Porch
Construction:
Vinyl Siding
Roof:
Asphalt
Security:
Smoke Detector(s)
Utilities:
Natural Gas Available
Sewer:
Public Sewer
Water Source:
Public

HOA & Tax

Annual Tax:
$7,182 (2025)
Assessed Value:
$356,100
Parcel #:
2904-00630-0000-00013-0000-

Directions

Trumbull St to Magnolia Ave

Affordability Calculator

$135,000

Estimated monthly payment

$3,593/mo

Principal $539,999 · Est. interest $753,347 over 30 yrs

Neighborhood Market Statistics

How this home compares to active listings in Elizabeth City, NJ

$619,471
Median Listing Price
49
Median Days on Market
1,386
Median Sq Ft
$420
Median Price / Sq Ft
3,202
Active Listings
  • This home’s price is 9% above the area median.
  • Its price per sq ft is right around the area median.

Market statistics compiled from active EXIT Realty® and MLS listings in Elizabeth City, NJ.

Location

  • 626 Magnolia Ave, Elizabeth City, NJ 07206

Nearby Schools

  • John Marshall School

    Elementary · 0.2 mi away

  • Sonia Sotomayor School No. 25

    Elementary · 0.5 mi away

  • Nicholas S. Lacorte-Peterstown School No. 3

    Elementary · 0.6 mi away

  • Terence C Reilly School 7

    Secondary · 0.6 mi away

  • Number 70 Elementary School

    Elementary · 0.6 mi away

  • Iprep Academy School No 8

    Elementary · 0.7 mi away

  • St Patrick High School

    Secondary · 0.7 mi away

  • Benjamin Franklin School No. 13

    Elementary · 0.7 mi away

  • Number 1 Elementary School

    Elementary · 0.7 mi away

  • St Anthony's Convent

    School · 0.7 mi away

  • Number 15 Elementary School

    Elementary · 0.7 mi away

  • Elizabeth High School - Frank J Cicarell Academy

    Secondary · 0.9 mi away

  • Dr Martin Luther King Center

    School · 0.9 mi away

  • Winfield Scott School No. 2

    Elementary · 0.9 mi away

  • John E. Dwyer Technology Academy

    School · 0.9 mi away

  • Elizabeth High School

    Secondary · 1.0 mi away

  • Adm W F Halsey Leadershp Academy

    School · 1.0 mi away

  • Juan Pablo Duarte - Jose Julian Marti School No 28

    Elementary · 1.0 mi away

  • Toussaint L'Ouverture-Marquis de Lafayette School No. 6

    Elementary · 1.0 mi away

  • Uceda School

    School · 1.1 mi away

Commute Calculator

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Nearby Homes

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Moving Cost Estimate

EXIT Agents in Elizabeth City

Listing Courtesy: KELLER WILLIAMS VILLAGE SQUARE - 2014454300

The data displayed relating to real estate for sale comes in part from the IDX Program of Garden State Multiple Listing Service, L.L.C. Real estate listings held by other brokerage firms are marked as IDX Listing. This information is being provided for Consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties Consumers may be interested in purchasing. Notice: The dissemination of listings displayed herein does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker. Information deemed reliable but not guaranteed. Copyright ©2026 Garden State Multiple Listing Service, L.L.C. All Rights Reserved.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) program of one or more Multiple Listing Services (MLS). Listing information is deemed reliable but is not guaranteed accurate. Copyright © EXIT Realty® and respective MLS providers.

Data provided by GardenStateMLS. MLS® Listing#4035404. © 2026EXIT Realty®. All rights reserved.