This Specialty Property is no longer advertised on LoopNet.com.

102-104 Sitgreaves St
Phillipsburg, NJ 08865
Specialty Property For Sale · 5,268 SF

Property Facts

Property Type Specialty
Property Subtype Residential Income
Building Class C
Lot Size 0.07 AC
Building Size 5,268 SF
No. Stories 3
Year Built 1900
Parking Ratio 0.94/1,000 SF
Zoning R-50

About 102-104 SITGREAVES ST , PHILLIPSBURG, NJ 08865

This incredible opportunity in the Town of Phillipsburg is the ideal property for any savvy investor with one bedroom apartment plus 13 separate room rentals and a commercial space! The rooms are rented through a state program that pays the rent directly to you! The downstairs commercial space could easily be rented as a diner type location or modified into an office. The building also has a basement which would be the perfect place to add coin operated laundry to increase the revenue to this already profitable investment! The rooming house has been inspected by the state, maintained well by the current owner and is the investment you have been waiting for! Projected CAP rate of 18%.

Property Taxes

Property Taxes

Parcel Number
19-02002-0000-00002
Land Assessment
$28,200
Improvements Assessment
$1,700
Total Assessment
$29,900
  • Listing ID: 20731971

  • Date on Market: 8/24/2020

  • Last Updated:

  • Address: 102-104 Sitgreaves St, Phillipsburg, NJ 08865

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