148 Magnolia Ave, Elizabeth, NJ, 07206
About This Home
Built in 1989, this 2 family property is in great condition and located in prime section of Elizabeth. Perfect for multi-generational living, or you can live in one unit and rent the other. Each distinct, light-filled unit boasts generously proportioned rooms with ample storage.1st floor boasts 2 bedrooms, 1 full bath, eat in kitchen with dinette area, large living room with plenty of closets for storage. 2nd floor was newly painted and has new flooring throughout,is VACANT and has 3 bedrooms, 1 full bath, eat in kitchen and also has large living room with storage a plenty! Well-cared-for and maintained, situated in heart of Elizabeth near shopping, waterfront, train to NYC and bus line, houses of worship and schools. Each unit has a sectioned off deck great for entertainment and summer fun. Features separate utilities and attached 1 car garage with alot of storage and driveway parking for 1 car. Independent utilities for effortless management. Schedule your showing today
Getting Around
Very Walkable
Some Transit
BikeableSchools
Construction
Condition
- Year built: 1989
Type & Style
- Home type: MultiFamily
- Property subType: Multi Family
Interior
Appliances
- Appliances included: Water Heater(From Furnace),Water Heater,Unit 1(Range/Oven)
Bedrooms & Bathrooms
- Bedrooms: 5
- Bathrooms: 2
- Full bathrooms: 2
Features
- Unit 1(1 Bath,2 Bedrooms,Dining Room,Kitchen,Living Room),Unit 2(1 Bath,3 Bedrooms,Dining Room,Kitchen,Living Room)
Heating & Cooling
- Heating features: Baseboard
- Cooling features: None
Interior Area
- Total structure area: 2,200
- Total interior livable area: 2,200 sqft
Property
Details
- Parcel number: 0400806000000007
Features
- Stories: 2
- Patio & porch: Deck
- Exterior features: Deck
Lot
- Lot size: 2,500 sqft
- Features: Near Public Transit,Near Shopping,Near Train
- Lot size dimensions: 25X100
Parking
- Total spaces: 1
- Parking features: Attached,1-2 Car Parking
- Has garage: Yes
- Attached garage spaces: 1
- Covered spaces: 1
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
- Winter Weather
- Cold Wave
- Heat Wave
- Lightning
- Strong Wind
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 | $3,185 | $38,220 |
| Home Insurance * | $212 | $2,544 |
| Property Taxes | $745 | $8,940 |
| Electricity | $242 | $2,910 |
| Total | $4,384 | $52,608 |
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 |
|---|---|---|
| 2026-05-01 | Listed for sale | $649,900 |
| 2026-04-29 | Listing removed | $649,900 |
| 2026-03-17 | Price change | $649,900 |
| 2026-03-04 | Listed for sale | $679,900 |
| 2024-04-17 | Listing removed | -- |
| 2023-11-09 | Price change | $659,000 |
| 2023-10-21 | Listed for sale | $675,000 |
| 2014-05-23 | Sold | $130,000 |
| 2013-10-31 | Sold | $4,550 |
| 2004-08-23 | Sold | $250,000 |
| 2002-08-15 | Sold | $150,000 |
| 1996-04-10 | Sold | $47,000 |
For Sale by Agent
View on Zillow