629 Magnolia Ave, Elizabeth, NJ, 07206
About This Home
Don't miss this fully renovated two-family home in the heart of Elizabeth. This is an exceptional opportunity for investors and owner-occupants alike! Updated in 2025, each unit offers two bedrooms, a spacious living area, an eat-in kitchen, and a beautifully designed full bathroom. Both units feature luxury vinyl plank flooring, dark cabinetry with quartz countertops, herringbone tile backsplashes, stainless steel gas ranges, and refrigerators. The spa-inspired bathrooms impress with floor-to-ceiling gray tile, black-framed glass shower enclosures, rain head fixtures, and gold-accented mirrors. Each unit operates independently with separate gas heating systems, recessed lighting, and black ceiling fans throughout. On-street parking available. Conveniently sandwiched between Rt 9 and the NJ Turnpike, and a half mile from public bus transportation, this turnkey, move-in ready property is a rare find in a great location.
Getting Around
Very Walkable
Some Transit
BikeableSchools
Construction
Condition
- Year built: 1900
Materials
- Roof: Flat
- Construction materials: Aluminum Siding
Notable Dates
- Major remodel year: 2025
Type & Style
- Home type: MultiFamily
- Property subType: Multi Family
Interior
Appliances
- Appliances included: Range/Oven - Gas,Refrigerator
Basement
- Basement: None
Bedrooms & Bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
Features
- Bedrooms,Kitchen,Living Room
Heating
- Heating features: 2 Units,Forced Air,Natural Gas
Interior Area
- Total structure area: 19,998
- Total interior livable area: 19,998 sqft
Property
Details
- Parcel number: 2904006290000000240000
Features
- Levels: Two
- Stories: 2
- Fencing: Metal Fence
Lot
- Lot size dimensions: 25 x 86.80 x IRR
Parking
- Parking features: On Street,None
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Lightning
- Strong Wind
- Winter Weather
- Cold Wave
- Earthquake
- Heat Wave
- Inland Flooding
- Ice Storm
- Tornado
How This Home’s Risks Compare
FEMA Declared Disasters Across New Jersey Counties
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $2,776 | $33,312 |
| Home Insurance * | $185 | $2,220 |
| Property Taxes | $763 | $9,156 |
| Electricity | $2,204 | $26,453 |
| Total | $5,928 | $71,136 |
Income You'd Need if You Spent...
New Jersey FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-03-09 | Listed for sale | $599,000 |
| 2026-03-09 | Listing removed | $599,000 |
| 2026-02-21 | Listed for sale | $599,000 |
| 2021-06-08 | Sold | $300,000 |
| 2021-02-28 | Listed for sale | $299,000 |
| 2021-02-09 | Listing removed | -- |
| 2021-02-02 | Listed for sale | $299,000 |
| 2021-01-21 | Listing removed | -- |
| 2021-01-06 | Listed for sale | $299,000 |
| 2013-12-09 | Sold | $105,000 |
| 2007-01-31 | Sold | $2,500 |
| 2006-03-08 | Sold | $237,000 |
| 2002-07-03 | Sold | $103,000 |
| 2001-01-17 | Sold | $32,000 |
| 1999-06-08 | Sold | $41,000 |
| 1998-04-24 | Sold | $25,000 |
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