314 S Main St
Phillipsburg Town, NJ 08865
Price: $459,000
GSMLS: 4016457Type: Multi-Family
Style: 3-Three Story
Total Units: 3
Beds: 5
Baths: 4 Full
Garage: No
Year Built: 1900
Acres: 0.05
Property Tax: $8,452
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.
General Info
Style:
3-Three Story
SqFt Building:
n/a
Total Rooms:
11
Basement:
Yes - Unfinished, Walkout
Interior:
Carbon Monoxide Detector, Carpeting
Roof:
Rubberized
Exterior:
Vertical Siding, Wood
Lot Size:
n/a
Lot Desc:
Corner
Parking
Garage Capacity:
No
Description:
n/a
Parking:
2 Car Width
Spaces Available:
3
Unit 1
Bedrooms:
n/a
Bathrooms:
2
Total Rooms:
2
Room Description:
See Remarks
Levels:
1
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
Carbon Monoxide Detector, Fire Alarm System
Utilities:
Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat, Tenant Pays Water
Handicap:
No
Unit 2
Bedrooms:
2
Bathrooms:
1
Total Rooms:
4
Room Description:
Bedrooms, Living/Dining Room, Master Bedroom
Levels:
2
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
Carbon Monoxide Detector, Dryer, Range/Oven - Electric, Washer
Utilities:
Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat, Tenant Pays Water
Handicap:
No
Unit 3
Bedrooms:
3
Bathrooms:
1
Total Rooms:
5
Room Description:
Bedrooms, Eat-In Kitchen, Living Room, Master Bedroom
Levels:
1
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
Carbon Monoxide Detector, Range/Oven - Electric
Utilities:
Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat, Tenant Pays Water
Handicap:
No
Unit 4
Bedrooms:
n/a
Bathrooms:
n/a
Total Rooms:
n/a
Room Description:
n/a
Levels:
n/a
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
n/a
Utilities:
n/a
Handicap:
n/a
Utilities
Heating:
3 Units, Forced Hot Air
Heating Fuel:
Electric, Gas-Natural
Cooling:
3 Units, Central Air
Water Heater:
Electric
Water:
Public Water
Sewer:
Public Sewer
Utilities:
Electric, Gas-Natural
Services:
n/a
School Information
Elementary:
n/a
Middle:
n/a
High School:
n/a
Community Information
County:
Warren
Town:
Phillipsburg Town
Neighborhood:
n/a
Financial Considerations
List Price:
$459,000
Tax Amount:
$8,452
Land Assessment:
$52,500
Build. Assessment:
$128,300
Total Assessment:
$180,800
Tax Rate:
4.68
Tax Year:
2025
Listing Information
MLS ID:
4016457
List Date:
03-24-2026
Days On Market:
0
Listing Broker:
COLDWELL BANKER REALTY
Listing Agent:
Jessica Craig
Request More Information
Shawn and Diane Fox
RE/MAX American Dream
3108 Route 10 West
Denville, NJ 07834
Call: (973) 277-7853
Web: MorrisCountyLiving.com
