Active

$459,000

314 S Main St, Phillipsburg Town, NJ 08865

5beds

3,500sqft

$3,337/mo

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Multi Family

Built in 1900

-- sqft lot

$455,200 Zestimate^®

$131/sqft

$-- HOA

What's special

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.

151 days

229

10

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 5
Bathrooms: 4
Full bathrooms: 4

Heating

3 Units, Forced Air, Electric, Natural Gas

Cooling

3 Units, Central Air

Appliances

Included: Dryer, Range/Oven - Electric, Washer, Electric Water Heater

Features

See Remarks, Bedrooms, Living/Dining Room, Master Bedroom, Eat-In Kitchen, Living Room
Flooring: Carpet
Basement: Yes,Unfinished,Walk-Out Access
Has fireplace: No

Interior area

Total structure area: 3,500
Total interior livable area: 3,500 sqft

Property

Parking

Total spaces: 3
Parking features: 2 Car Width
Uncovered spaces: 3

Features

Levels: 3-Three Story
Stories: 3

Lot

Size: 2,178 Square Feet
Dimensions: .052 ACRE
Features: Corner Lot

Details

Parcel number: 3019015030000000100000

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family

Materials

Vertical Siding, Wood Siding
Roof: Rubber

Condition

Year built: 1900
Major remodel year: 2017

Utilities & green energy

Gas: Gas-Natural
Sewer: Public Sewer
Water: Public
Utilities for property: Electricity Connected, Natural Gas Connected

Community & HOA

Community

Security: Carbon Monoxide Detector(s), Fire Alarm, Carbon Monoxide Detector

Location

Region: Phillipsburg

Financial & listing details

Price per square foot: $131/sqft
Tax assessed value: $180,800
Annual tax amount: $8,452
Date on market: 3/24/2026
Total actual rent: 4240
Tenant pays: Electricity, Gas, Tenant Pays Heat, Water, Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Water
Electric utility on property: Yes

Estimated market value

$455,200

$432,000 - $478,000

$2,315/mo

Price history

Date	Event	Price
3/24/2026	Listed for sale	$459,000+2%$131/sqft
Source: GSMLS #4016457 Report a problem
4/29/2024	Listing removed	--
Source: GSMLS #3872041 Report a problem
10/29/2023	Listed for sale	$450,000+13.1%$129/sqft
Source: GSMLS #3872041 Report a problem
10/20/2023	Listing removed	--
Source: Zillow Rentals Report a problem
8/9/2023	Price change	$1,600+1.6%
Source: Zillow Rentals Report a problem
8/7/2023	Listed for rent	$1,575+1.6%
Source: Zillow Rentals Report a problem
7/30/2023	Listing removed	--
Source: Zillow Rentals Report a problem
7/2/2023	Price change	$1,550+3.3%
Source: Zillow Rentals Report a problem
12/25/2022	Listing removed	--
Source: Weichert Pro Report a problem
6/30/2022	Listed for sale	$398,000+29381.5%$114/sqft
Source: GSMLS #3792952 Report a problem
6/8/2022	Listed for rent	$1,500+66.7%
Source: Zillow Rental Manager Report a problem
4/13/2022	Listing removed	--
Source: GSMLS #3773453 Report a problem
4/5/2022	Listed for sale	$1,350-99.6%
Source: GSMLS #3773453 Report a problem
3/25/2022	Listing removed	--
Source: Weichert Pro Report a problem
3/3/2022	Listed for sale	$350,000+141.4%$100/sqft
Source: GSMLS #3767007 Report a problem
7/23/2019	Sold	$145,000$41/sqft
Source: Agent Provided Report a problem
4/20/2017	Listing removed	$900
Source: Weichert Realtors Report a problem
2/2/2017	Price change	$900-5.3%
Source: Weichert Realtors Report a problem
1/14/2017	Price change	$950+5.6%
Source: Weichert Realtors Report a problem
1/13/2017	Listed for rent	$900
Source: Weichert Realtors Report a problem
12/12/2016	Listing removed	$900+12.5%
Source: Weichert Realtors Report a problem
9/18/2011	Listing removed	$800
Source: Budd Agency, Inc Report a problem
7/21/2011	Listed for rent	$800
Source: Budd Agency, Inc Report a problem