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314 S Main St

Phillipsburg Town, NJ 08865
  • $459,000
  • STATUS: Active
  • ON SITE: 28 Days
  • MLS #: 4016457
UPDATED: 56 min ago
$459,000
  • 5
    BEDS
  • 0.05
    ACRES
  • 4
    BATHS
  • 0
    1/2 BATHS
Type:
Multi-Family
Built:
1900
County:

School Ratings & Info

Description

Updated and well-maintained mixed-use commercial property in Phillipsburg. Features 3 units including a storefront and two residential apartments (2-bedroom unit on the second floor and 3-bedroom unit on the third floor). All units have separate meters, with tenants responsible for all utilities including water/sewer. Natural gas heat and central air in each unit. Property offers 3 off-street parking spaces in the rear and is a low-maintenance, turnkey investment opportunity that's fully rented and income producing. Conveniently located within walking distance to Shappell Park, shops & restaurants. Per seller, property underwent a major renovation between 2006"2008 including updates to plumbing, electric, HVAC, roof, and more. Buyer responsible to verify all information. Property being sold strictly as-is.

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Garden State MLS logo © 2026 Garden State Multiple Listing Service, LLC. All rights reserved. IDX information is provided exclusively 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. Information is deemed reliable but is not guaranteed accurate by the MLS or Team Braconi | Keller Williams Village Square Realty. Notice: The dissemination of listings on this website 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.The data relating to real estate for sale or lease on this web site comes in part from GSMLS. Real estate listings held by brokerage firms other than Team Braconi | Keller Williams Village Square Realty are marked with the GSMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2026-04-22T06:49:31.613.
www.teambraconihomesales.com/homes/174408651
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314 S Main St Phillipsburg Town, NJ 08865

  • Price: $459,000
  • Status: Active
  • On Site: 28 Days
  • Updated: 56 min ago
  • MLS #: 4016457
5
Beds
4
Baths
0
½ Baths
0.05
Acres
1900
Built
County:
Warren
Area:
Phillipsburg Town
Property Description
Updated and well-maintained mixed-use commercial property in Phillipsburg. Features 3 units including a storefront and two residential apartments (2-bedroom unit on the second floor and 3-bedroom unit on the third floor). All units have separate meters, with tenants responsible for all utilities including water/sewer. Natural gas heat and central air in each unit. Property offers 3 off-street parking spaces in the rear and is a low-maintenance, turnkey investment opportunity that's fully rented and income producing. Conveniently located within walking distance to Shappell Park, shops & restaurants. Per seller, property underwent a major renovation between 2006"2008 including updates to plumbing, electric, HVAC, roof, and more. Buyer responsible to verify all information. Property being sold strictly as-is.
Exterior Features

Approximate Lot Size .052 ACRE Exterior Description Vertical SidingWood Lot Description Corner Number Of Parking Spaces 3 Parking Driveway Description 2 Car Width Roof Description Rubberized

Interior Features

Basement Yes Basement Description UnfinishedWalkout Cooling 3 UnitsCentral Air Heating 3 UnitsForced Hot Air Interior Features Carbon Monoxide DetectorCarpeting Total Number Of Rooms 11 Unit1 Appliances Equipment Carbon Monoxide DetectorFire Alarm System Unit1 Baths 2.0 Unit1 Bedrooms 0 Unit1 Fireplaces 0 Unit1 Handicap Modified No Unit1 Levels 1 Unit1 Room Description See Remarks Unit1 Rooms 2 Unit1 Security Deposit 0 Unit1 Sq Ft 1100 Unit2 Appliances Equipment Carbon Monoxide DetectorDryerRange/Oven - ElectricWasher Unit2 Baths 1.0 Unit2 Bedrooms 2 Unit2 Fireplaces 0 Unit2 Levels 2 Unit2 Room Description BedroomsLiving/Dining RoomMaster Bedroom Unit2 Rooms 4 Unit2 Sq Ft 1300 Unit3 Baths 1.0 Unit3 Bedrooms 3 Unit3 Fireplaces 0 Unit3 Levels 1 Unit3 Room Description BedroomsEat-In KitchenLiving RoomMaster Bedroom Unit3 Rooms 5 Unit3 Sq Ft 1100

Property Features

Assessment Total 180800 Building Assessment 128300 Easement Unknown Expenses Include See RemarksTaxes Farm Assessment No Fha Age Restricted No Fuel Type ElectricGas-Natural Gross Operating Income 50880 Home Warranty No Land Assessment 52500 Net Operating Income 38184 Renovated Year 2017 Sewer Public Sewer Tax Amount 8452 Tax Rate Amount 4.675 Tax Rate Year 2025 Tax Year 2025 Total Operating Expense 12696 Unit Style 3-Three Story Unit1 Owner Tenant Pays Tenant Pays ElectricTenant Pays GasTenant Pays HeatTenant Pays Water Unit1 Rent 1100 Unit2 Handicap Modified No Unit2 Owner Tenant Pays Tenant Pays ElectricTenant Pays GasTenant Pays HeatTenant Pays Water Unit2 Rent 1615 Unit2 Security Deposit 0 Unit3 Handicap Modified No Unit3 Owner Tenant Pays Tenant Pays ElectricTenant Pays GasTenant Pays HeatTenant Pays Water Unit3 Rent 1525 Unit3 Security Deposit 0 Utilities ElectricGas-Natural Water Public Water Water Heater Electric Year Built Description Approximate

Listing information © 2026 Garden State Multiple Listing Service,LLC.
Listing provided courtesy of COLDWELL BANKER REALTY: 908-310-3356.


Garden State MLS logo © 2026 Garden State Multiple Listing Service, LLC. All rights reserved. IDX information is provided exclusively 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. Information is deemed reliable but is not guaranteed accurate by the MLS or Team Braconi | Keller Williams Village Square Realty. Notice: The dissemination of listings on this website 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.The data relating to real estate for sale or lease on this web site comes in part from GSMLS. Real estate listings held by brokerage firms other than Team Braconi | Keller Williams Village Square Realty are marked with the GSMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2026-04-22T06:49:31.613.
 
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