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159 S Main St
Phillipsburg, NJ 08865
Retail Property For Sale
Investment Highlights
- Great frontage location on South Main St.
Property Facts
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
2,800 SF
Building Class
C
Year Built/Renovated
1950/2012
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Building FAR
1.07
Lot Size
0.06 AC
Zoning
B-3 - Business Retail, etc.
Frontage
17’ on South Main Street
Amenities
- Bus Line
- Air Conditioning
- Smoke Detector
About 159 S MAIN ST , PHILLIPSBURG, NJ 08865
Major renovations in 2007. Building in great shape. 2 rental apartments plus large office/retail space. Rents from 2 apartments could cover your mortgage. Great frontage location on South Main St. Great investment opportunity to have your own commercial space and bring in rental income. 3 story masonry building. 1st floor retail/office space. 2nd floor apartment rented for $850 (it has rented for $950 in the past). 3rd floor apartment rented for $650. Both units have own washer and dryer. Owner pays water ($50 per month approximately) and sewer ($110 quarterly). Each unit on own meters for electric and natural gas.
Property Taxes
| Parcel Numbers | Improvements Assessment | $267,100 | |
| Land Assessment | $85,400 | Total Assessment | $352,500 |
Property Taxes
Parcel Numbers
Land Assessment
$85,400
Improvements Assessment
$267,100
Total Assessment
$352,500
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