77 Brainard St
Phillipsburg Town, NJ 08865
Price: $299,900
GSMLS: 4058654Type: Multi-Family
Style: Under/Over
Total Units: 2
Beds: 4
Baths: 2 Full
Garage: No
Year Built: 1900
Acres: 0.05
Property Tax: $5,918
Description
Income opportunity in the heart of Phillipsburg! This over/under two-family offers two 2-bedroom, 1-bath units, each with an eat-in kitchen and a comfortable living room. The upstairs unit includes access to a finished third floor, and the downstairs unit enjoys access to the rear yard. Tenants pay their own gas, electric and heat, with separate heating systems for each unit, keeping owner expenses low. Downstairs unit is currently tenant occupied, providing income from day one and the upstairs has just been renovated and is ready to rent. Additional features include a full basement and public water and sewer. Convenient to Route 22, shopping and downtown. A great addition for the seasoned investor, or a smart first step for a first-time buyer: live in one unit and rent out the other to offset your costs!
General Info
Style:
Under/Over
SqFt Building:
1,521
Total Rooms:
9
Basement:
Yes - Full
Interior:
Carbon Monoxide Detector, Smoke Detector
Roof:
Asphalt Shingle
Exterior:
Brick
Lot Size:
n/a
Lot Desc:
n/a
Parking
Garage Capacity:
No
Description:
n/a
Parking:
On-Street Parking
Spaces Available:
n/a
Unit 1
Bedrooms:
2
Bathrooms:
1
Total Rooms:
4
Room Description:
Bedrooms, Eat-In Kitchen, Living Room
Levels:
1
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
Smoke Detector
Utilities:
Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat
Handicap:
No
Unit 2
Bedrooms:
2
Bathrooms:
1
Total Rooms:
5
Room Description:
Bedrooms, Eat-In Kitchen, Living Room
Levels:
2
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
Smoke Detector
Utilities:
Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat
Handicap:
No
Unit 3
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
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:
2 Units
Heating Fuel:
Electric, Gas-Natural
Cooling:
None
Water Heater:
n/a
Water:
Public Water
Sewer:
Public Sewer
Utilities:
Electric, Gas-Natural
Services:
n/a
School Information
Elementary:
PHILIPSBRG
Middle:
PHILIPSBRG
High School:
PHILIPSBRG
Community Information
County:
Warren
Town:
Phillipsburg Town
Neighborhood:
n/a
Financial Considerations
List Price:
$299,900
Tax Amount:
$5,918
Land Assessment:
$19,400
Build. Assessment:
$107,200
Total Assessment:
$126,600
Tax Rate:
4.68
Tax Year:
2025
Listing Information
MLS ID:
4058654
List Date:
10-13-2026
Days On Market:
3
Listing Broker:
FREEBY LAI REAL ESTATE
Listing Agent:
Jason Freeby
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
