$1.05M property is on sale for only $886,900! Fantastic investment opportunity in the heart of Phillipsburg, NJ! This legally recognized 5-unit property offers exceptional value with an impressive 8% cap rate. Situated on a spacious lot on S Main St, the property consists of two buildings on one tax record: one with 3 units and the other with 2 units. All units are currently 100% occupied, with some tenants on Section 8, providing steady rental income.One standout feature is the recently renovated unit, which boasts 4 legal bedrooms and a finished attic that can be converted into a 5th bedroom, further enhancing the property's value. This building includes (1) 1bed, (2) 2bed, (1) 3 bed, (1) 4bed units. Tenants cover their own utilities, including water, making for a hassle-free investment. Monthly gross income is $7825, annual gross income is $93,900. Annual property taxes are $13,200 and property insurance is $5500. The property benefits from affordable real estate taxes and has recently been appraised at $1.05M as-is. With potential to increase rents to match market rates, this cash-flowing asset is an ideal opportunity for savvy real estate investors. Don't miss out on this unique chance to own a multifamily gem in a growing area!
Welcome Home to this SPACIOUS 3 Bedroom and 2 FULL Bath located in the heart of Phillipsburg, NJ! The first floor features an updated EAT-IN Kitchen with PLENTY of countertop and cabinet space! A Large Living Room and separate Dining Room to host get togethers and events. There is also a 1st Floor Laundry and FULL Bathroom off the Kitchen. Heading upstairs, 3 very nice sized Bedrooms and another FULL Bath. This home also features a PARTIALLY FINISHED ATTIC/BONUS ROOM. Outside, you'll find an INVITING and RELAXING space under the COVERED BACK DECK! The yard has been FENCED and hosts an ABOVE GROUND POOL! Or, enjoy a coffee on the LARGE COVERED FRONT PORCH. OFF-STREET parking that can accommodate 2-3 vehicles. GAS HEAT with a NEWER BOILER(2019). NEWER WATER HEATER (2019) and young ROOF (2010)! Conveniently located near Major Highways, a Train Station, Restaurants, Shopping, and Downtown Easton, PA! Don't miss it, make your appointment today!
Welcome to this charming 3 bedroom 1 1/2 bath colonial home nestled on a double lot in a desirable Phillipsburg neighborhood. This home has so much character! From the exposed beams in the dining room, mahogany sliding doors that lead to the extended back patio made of rot resistant Ipe wood, this home is a must see! The home has been freshly painted and has a large backyard with a fire pit for entertaining. The large detached garage and detached shed offer extra storage for the home. The driveway can hold up to 4 cars! It's a commuter's dream, perfectly located with easy access to major highways and shopping. You don't want to miss this gem!
Fantastic opportunity to own a versatile commercial building in a prime highway location! Recently utilized as an attorney's office, this two-story property offers a spacious reception area, multiple conference rooms and private offices, perfect for a variety of professional uses. The main office is adorned with stunning wall-to-wall built-in wooden bookcases, adding character and functionality. Both floors are equipped with private bathrooms, first floor is a full bath. The second floor features a convenient kitchenette. With ample private parking, excellent highway signage, and public utilities, this building is ready to support your business needs. The property is heated by oil, but natural gas is available in the street for a potential upgrade. Additionally, the building is serviced by two electric meters, offering flexibility in utility management. Previously, the property was a residential two-family home, adding potential for conversion or mixed-use with proper town approvals. Literally 1 mile from the Delaware River Toll booth in to Easton, PA. Located on the east bound side of Memorial Parkway turns into Rt 57. Minutes from Rts 22, 78 & 519. Don?t miss out on this exceptional commercial property with endless possibilities! Building being sold AS IS.
$1.05M property on sale! Fantastic investment opportunity in the heart of Phillipsburg, NJ! This legally recognized 5-unit property offers exceptional value with an impressive 8% cap rate. Situated on a spacious lot on S Main St, the property consists of two buildings on one tax record: one with 3 units and the other with 2 units. All units are currently 100% occupied, with some tenants on Section 8, providing steady rental income.One standout feature is the recently renovated unit, which boasts 4 legal bedrooms and a finished attic that can be converted into a 5th bedroom, further enhancing the property's value. Tenants cover their own utilities, including water and sewage, making for a hassle-free investment. Monthly gross income is $7825, annual gross income is $93,900. Annual property taxes are $13,200 and property insurance is $5500. The property benefits from affordable real estate taxes and has recently been appraised at $1.05M as-is. With potential to increase rents to match market rates, this cash-flowing asset is an ideal opportunity for savvy real estate investors. Don?t miss out on this unique chance to own a multifamily gem in a growing area!
Welcome to this stunning 4 spacious bedrooms, 1.5 baths colonial in the heart of Phillipsburg, NJ with easy access to major highways, nearby train station, restaurants, shopping, community pool, Breweries, Wineries, Parks are some of many community activities and events Phillipsburg has to offer. This beautifully renovated home offers a perfect blend of classic charm and modern updates, making it an ideal choice for those seeking a move-in ready residence. The 1st floor offers an updated eat-in kitchen featuring stainless steel appliances, plenty of cabinets and counter space, a generously sized Formal Dining Room, Living Room, Half Bath, Laundry area, a separate room that can be a large pantry, office/den, mud room, etc. The second floor features 3 bedrooms and a full bath. Move up to the 3rd floor/Walk up attic, where you'll find the 4th bedroom with a loft style picture window. Private backyard with access to the oversized 2 car garage.
Subdivision opportunity-26 acre Farm in one of the few New Jersey municipalities that allow for Cannibas outdoor cultivation. Property is zoned for both outdoor agricultural cannibas, and commercial manufacturing of cannibas as stated in the newly revised municipality ordinance. The municipality support resolution is complete for this property as well. Owner is in the process of subdividing 12 acres for sale.
Absolutely Adorable Valley View Colonial. A welcoming spacious LR open to Dining area & updated Kitchen. Second Level - 3 Bedrooms & Bath w/tile surround. Cozy back porch to relax & enjoy your backyard w/shed & a Bonus 1 car garage w/electric. All this conveniently located near Rts. 22 & 78. This one is waiting for you to call Home Sweet Home!
Welcome to this beautifully renovated gem nestled in the heart of Harmony, NJ. This exquisite property offers stunning, panoramic views of the Delaware River, providing a tranquil backdrop for everyday living. Step inside to discover a thoughtfully redesigned interior that seamlessly blends modern amenities with classic charm. The open-concept living area features high ceilings and large windows, allowing natural light to flow throughout the space and offer uninterrupted views of the river. The modern kitchen showcases quartz countertops, while new wood flooring and fresh paint throughout enhance the home's elegance and warmth. The main level continues to impress with a renovated bathroom and two inviting bedrooms, one of which includes a convenient laundry area in the closet. The entry level features a spacious 2-car garage and a cozy family room with French doors that lead to your deck and provide easy access to the river. Nestled on a double lot and private lane, this stunning home is a rare find. Don't miss the chance to make it yours schedule a viewing today and experience this exceptional lifestyle.
A Gross Lease. Landlord pays Electric, Heat & A/C, Water & Sewer, & Snow removal. Three partitioned offices with center hallway access, if sharing office space up to three separate parties. Utility room and lavatory.
TAKE A LOOK AT SCENIC RIDGE ESTATES. JUST THREE HOMES LEFT and this one can be yours. This HOME IS ready for a 45 day close! 3 Spring Court is a 4 BED 2.5 BATH WINDSOR Model with all the expected features including HUGE KITCHEN, Two Story Entrance, LOTS OF NATURAL LIGHT, HRDWD, GRANITE, Private MASTER SUITE and more! Scenic Ridge Estates is a Premier NEW HOME development in Lopatcong Township featuring Custom Homes with NO HOA, All Public Utilities, Natural Gas and Spacious lots. Located near major commute routes, shopping, dining, Easton Pa and more. Make your appointment to see Scenic Ridge today!
Conveniently situated in-town, this .32-acre lot (95 x 147 feet) is an ideal spot for your next residential or commercial venture. Currently zoned B-2, which supports a variety of uses including banks, professional offices, restaurants, churches, and food stores. The lot also has the flexibility to accommodate a single-family home. The property is fully cleared and level. All essential utilities are readily available at the street, including public water, sewer, and natural gas. Rear alley/street parking allows easy access off the main street.
Unique opportunity to own a fabulous home set on a double lot for added privacy. This 4 bedroom colonial (according to tax data) has features galore Rocking chair front porch, this dream home offers open concept on 1st floor. A dramatic foyer, powder room, hardwood floors, laminate too. Kitchen is updated you will love it. Ample cabinet space, a coffee station, newer counters, center isle (can be removed) lovely updated light fixtures throughout, this all leads to a back door of an enclosed porch. On the 2nd floor you have 4 bedrooms, laminate flooring, main bedroom is carpet. 1 full bath. Walk up to the attic area and you will find an office and a media room. Includes muti-zone gas heat & C/A. 2 level oversized detached garage, perfect workshop, mechanics dream w/ hydraulic lift, driveway allows off street parking. 2nd floor recreational room , 30' X 25' w/built in bar & elect heat. Maintenance free deck & 24' pool w/ newer liner. Fenced yard, dog pen & 2 sheds. Ready for you to move in. Seize your moment in time to make this oasis your home. Located in Warren County NJ. Close to nearby shopping centers, restaurants, movie theatre, Lowes, Home Depot, Shoprite, Walmart, Home Goods, Old Navy, Chick -Fil -A. Close to Major Roadways, 22, 78 & 57.
Potential for subdivision with 2 Lots. Two primary uses on existing single lot.
Three story colonial with covered porch and off street 2 car parking pad. Spacious eat-in kitchen that leads to a laundry room large enough to add a convenient first floor half bath. Tilt-in easy clean windows throughout home. Finished 3rd floor for possible 4th bedroom. Block patio in rear to enjoy those summer picnics. Private back yard. Natural gas heat and ceiling fans in the living room and dining room. You will e pleasantly surprised to see this home in immaculate condition inside and out. This is a must see.
TWO UNIT with good Rental History. Both units are 2 bed one bath with some recent updates including flooring and painting. Separate entrances and separate utilities. Fenced yard and Basement for storage. A nice addition to your portfolio in a HOT rental market. Photos coming soon.
*Completely Renovated!* Phillipsburg premieres this beautiful 2 Bed 1 Bath Turn-Key Ranch, sure to impress! Beautifully redesigned inside & out with curb appeal & upgrades all through, completely move-in-ready & waiting for you! This home features brand new luxury flooring, recessed lighting & a fresh neutral palette that is easy to customize. Upon entrance you will find open floor plan flowing effortlessly from the Living Rm to the Dining Rm and Kitchen creating a great space for entertainment and relaxation. Kitchen offers subway tile backsplash and a plethora of cabinetry for storing all of your kitchen needs. Sliding glass doors here lead to the rear deck. Down the hall, the upgraded main bath with tub shower + 2 generous sized Bedrooms. Full basement just waiting to be finished to add to the living space. Relax outdoors in the large plush yard complete with Deck. Double wide driveway offers ample parking space. Close to Shopping, Dining, + Public Transportation & Major Hwy for easy commuting. Don't wait, come & see TODAY!! New walls, beams Deck, gutted & remodeledBuyer responsible for sewer hookup. Property has cesspool.
This property is priced to sell this property is located on a quiet friendly block that stretches only two blocks long from Lewis to Glen with Hudson Ave in the middle. This property is near to all major highways 22 , 33 , 57 , 78 , 127, 611 and public transportation .Close to Pennsylvania ( Allentown, Bethlehem ) 5 minutes from Lafayette college ,5 minutes from St Luke's hospital and shopping mall and Phillipsburg movie theater, 10 minutes from Walmart, Home Depot, Lowe's, all major retail stores Banks , Bars and restaurants.A new boiler installed ( steam ) for the second floor in January 2024 . The second floor has original hardwood floors with a washer and dryer hook up. two bedrooms, with an eat'n kitchen . Dinning room/ living room it's whatever you want to make it . New one year lease for second floor tenant rent is $1400+ First Floor has a long term tenant over 15 years living at the property The first floor has one bedroom, living room, dining room, kitchen , bathroom. One parking spot in the rear of the property. The first floor tenant takes care of the backyard and the front of the property. Rent of the first floor is $1100+This first floor needs a little upgrade with updates there's a opportunity to increase potential profit. But it's fully functional.Everyone pays for their own heat and hot water, Electric.Lead paint abatement certification compliance.
Excellent Opportunity to Own a Versatile Building with Kitchen FacilitiesPerfect for establishing or expanding your business in a thriving community! This property is ideal for catering companies or any business requiring a kitchen. The building includes a spacious upstairs area with an office and ample open space for storage, providing flexibility for your business needs. Recently renovated, this property also comes equipped with a Generac generator for added reliability, and a built in outdoor smoke house. Currently operating as a catering company, this space is ready for you to make it your own. Don't miss out on this fantastic opportunity! Owner will rent the first and separately.
Real nice Brick Cape in desirable Shimer Manor features a 1st floor bedroom, Hardwood floors, Large primary bedroom, Large living room with a fireplace, formal Dining room. Large detached 2 CAR garage wth Loft Storage, MANY UPGRADES such as NEW Asphalt Roof, NEWER Windows on 1st floor, NEW Garage Door, UPGRADED Electric Panel to 200 amp, NEW Water Main to street, NEW Blacktop Driveway, The basement with high ceilings has had a NEW French Drain installed, New Back Door opens up to a Trex deck leading to a level backyard that is great for entertaining. Home is in nice move in condition with many upgrades but does need some minor repair work done throughout! Inspections are for informational purposes only as the home is BEING SOLD IN AS/IS condition. This home does come with a HOME PROTECTION PLAN
Discover a unique investment opportunity with this versatile mixed-use commercial building, perfectly situated on a prime corner lot. This concrete block structure features a fully equipped auto body shop, complete with a professional grade paint booth exhaust system and floor drains, making it an ideal location for automotive services. in addition to the commercial space, the property includes three well-appointed apartments: one spacious one-bedroom unit and two comfortable two-bedroom units, providing an excellent opportunity for rental income. Each apartment is designed for convenient living, ensuring tenant satisfaction and retention. The property maximizes parking potential with up to 25 dedicated spots, accommodating both commercial and residential tenants with ease. The owner will consider selling the business, providing a seamless transition for the new owner. Don't miss out on this exceptional opportunity to own a mixed-used building that combines commercial and residential elements in a sought-after location.
Cozy, newly updated 2 BR 1.5 Bath Brick Cape Cod. Features new, custom storm and front door with a lifetime warranty. Updated foyer with new flooring, updated light fixtures throughout and all new windows from Castle Windows w lifetime warranty that transfer over to new owner. Home offers a brick and oak wood burning fireplace, hardwood floors throughout the main floor. Updated kitchen w marbled epoxy countertops and stainless-steel refrigerator and microwave range. Large primary BR and spacious 2nd BR. Updated main bath featuring antique marble vanity w brass sink from 1930's recently installed. Completely updated walk-out basement with fully renovated half bath and laundry room. Custom walk-in closet that is a potential 3rd BR. 6 yr. old High Efficiency Boiler and tank less Hot Water heater. Nestled in a beautifully landscaped lot w new fencing and well-maintained garden beds. Fully resealed driveway that fits up to 6 cars and 1 car attached garage that was recently refreshed.
Amazing opportunity and location for your next business or investment property! This former BBQ restaurant is the perfect location for a national tenant, drive thru restaurant or a retail store. The high visibility site is located on Route 22 directly across the street from old Phillipsburg Mall which was purchased 2-years ago to develop into a massive residential apartment complex and commercial corridor. Minutes from Route 78 and downtown Phillipsburg! The sale includes building and lot! Large, paved parking area accommodates 30 cars!
1790's stone dwelling -Plank floors throughout with hand-made nails - knotty pine kitchen Deep window sills throughout. Fireplaces have not been used by this owner and being sold "as is" with no knowledge of condition/ or working. Furnace 12 years Roof estimate 12 years, Two unit Air conditioning Building has been used as office space since this owner but Buyer to verify use as to residential/ commercial --being sold totally "AS IS"Garage at rear - 2 bays only- Survey available shows driveway on property. Tree on property being considered to become the Rockefeller Christmas Tree and if chosen will be removed professionally.
BEING SOLD VACANT WITH A CLEAN CO AND A RENT READY 2ND FLOOR UNIT. Wow! Here is an amazing opportunity to start your investing career, add to your portfolio, or move in and collect rent from the other unit to aid with your expenses! This two family has a large one bedroom first floor unit that was fully renovated in the summer of 2022. The unit features a new kitchen, floors, fresh paint, appliances, etc. This unit also has a generous amount of basement storage. Upstairs, there is a two bedroom apartment with a long term tenant who would prefer to stay! Each unit has separate heating and electric. As an added bonus, there is a two car parking pad out back to sought after off street parking.
The median home value in Phillipsburg, NJ is $108,800. This is lower than the county median home value of $225,600. The national median home value is $219,700. The average price of homes sold in Phillipsburg, NJ is $108,800. Approximately 43.98% of Phillipsburg homes are owned, compared to 41.46% rented, while 14.56% are vacant. Phillipsburg real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Phillipsburg real estate agent to arrange a tour today!
Phillipsburg, New Jersey 08865 has a population of 14,540. Phillipsburg 08865 is less family-centric than the surrounding county with 28.29% of the households containing married families with children. The county average for households married with children is 31.48%.
The median household income in Phillipsburg, New Jersey 08865 is $49,274. The median household income for the surrounding county is $75,500 compared to the national median of $57,652. The median age of people living in Phillipsburg 08865 is 40.3 years.
The average high temperature in July is 83 degrees, with an average low temperature in January of 19.1 degrees. The average rainfall is approximately 49.5 inches per year, with 39.6 inches of snow per year.