Active

$459,000

314 S Main St, Phillipsburg Town, NJ 08865

5beds

3,500sqft

Get pre-qualified

Multi Family

Built in 1900

-- sqft lot

$456,700 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.

100 days

238

9

Loading...

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

$456,700

$434,000 - $480,000

$2,344/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

Public tax history

Tax history is unavailable.

Monthly payment

Est. payment

Payment breakdown

Explore the cost of this home by adjusting the details. Changes won't be saved.

All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.

HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.

See how much you could borrow to make a competitive offer.

Get pre-qualified