Located near a variety of everyday conveniences, this property offers easy access to shopping centers, local restaurants, parks, schools, and public transportation, making it an attractive option for both homeowners and tenants. Great investment opportunity! Well-maintained under/over multifamily property located on a corner lot at 62 Summit Ave. First-floor unit is currently tenant occupied, offering immediate rental income, while the spacious second-floor unit is ready for a new owner or tenant and features access to a walk-up attic for additional storage or potential flex space. Property includes 2 rear parking spaces. Conveniently located near shopping, dining, transportation, and local amenities. Property is being sold strictly as-is. Buyer responsible for all municipal/state certificates, inspections, and tests required to close.
Active
Price cut: $10.9K (8/20)
$329,000
62 Summit Ave, Phillipsburg Town, NJ 08865
5beds
990sqft
Multi Family
Built in 1900
-- sqft lot
$329,300 Zestimate®
$332/sqft
$-- HOA
What's special
- 1 day |
- 175 |
- 3 |
Zillow last checked:
Listing updated:
Listed by:
Mary Blanchard 908-235-9235,
Weichert Realtors
Source: GSMLS,MLS#: 4047966
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Radiators - Hot Water, Natural Gas
Appliances
- Included: See Remarks, Range/Oven - Gas, Refrigerator
Features
- See Remarks
- Basement: Yes,Unfinished
- Has fireplace: No
Interior area
- Total structure area: 990
- Total interior livable area: 990 sqft
Property
Parking
- Total spaces: 2
- Parking features: 2 Car Width, Off Street, On Street
- Uncovered spaces: 2
Lot
- Size: 2,613 Square Feet
- Dimensions: .055 ACRE
- Features: Corner Lot
Details
- Parcel number: 3019008100000000410000
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Composition Siding
- Roof: Asphalt Shingle
Condition
- Year built: 1900
Utilities & green energy
- Gas: Gas-Natural
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Natural Gas Connected
Community & HOA
Location
- Region: Phillipsburg
Financial & listing details
- Price per square foot: $332/sqft
- Tax assessed value: $126,200
- Annual tax amount: $5,899
- Date on market: 8/20/2026
- Total actual rent: 1400
- Tenant pays: Electricity, Gas, Tenant Pays Heat, Water, Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Water
Estimated market value
$329,300
$313,000 - $346,000
$1,799/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/20/2026 | Price change | $329,000-3.2%$332/sqft |
Source:  GSMLS #4047966 Report a problem | ||
| 6/11/2026 | Price change | $339,900-2.9%$343/sqft |
Source: GSMLS #4030727 Report a problem | ||
| 5/28/2026 | Listed for sale | $349,900+71.5%$353/sqft |
Source: GSMLS #4030727 Report a problem | ||
| 4/24/2024 | Sold | $204,000+20%$206/sqft |
Source: Public Record Report a problem | ||
| 2/6/2020 | Sold | $170,000-5.5%$172/sqft |
Source: GSMLS #3586719 Report a problem | ||
| 11/19/2019 | Price change | $179,900+2.9%$182/sqft |
Source: Weichert Realtors #3586719 Report a problem | ||
| 11/13/2019 | Listed for sale | $174,900$177/sqft |
Source: Weichert Realtors #3586719 Report a problem | ||
| 10/2/2019 | Listing removed | $174,900$177/sqft |
Source: Weichert Realtors #3586719 Report a problem | ||
| 9/11/2019 | Listed for sale | $174,900+24.9%$177/sqft |
Source: Weichert Realtors #3586719 Report a problem | ||
| 5/25/2018 | Listing removed | $925$1/sqft |
Source: Zillow Rental Manager Report a problem | ||
| 4/19/2018 | Price change | $925-2.6%$1/sqft |
Source: Zillow Rental Manager Report a problem | ||
| 4/12/2018 | Listed for rent | $950-13.6%$1/sqft |
Source: Zillow Rental Manager Report a problem | ||
| 9/3/2017 | Listing removed | $1,100$1/sqft |
Source: Phillipsburg Management LLC Report a problem | ||
| 8/24/2017 | Price change | $1,100-8.3%$1/sqft |
Source: Phillipsburg Management LLC Report a problem | ||
| 7/14/2017 | Listed for rent | $1,200+29.7%$1/sqft |
Source: Zillow Rental Manager Report a problem | ||
| 1/17/2016 | Listing removed | $925$1/sqft |
Source: Weichert Realtors #3271219 Report a problem | ||
| 12/17/2015 | Listed for rent | $925$1/sqft |
Source: Weichert Realtors #3271219 Report a problem | ||
| 7/26/2004 | Sold | $140,000$141/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $5,736 | $126,200 |
| 2024 | $5,736 +8.3% | $126,200 |
| 2023 | $5,295 +3% | $126,200 |
| 2022 | $5,140 +0.8% | $126,200 |
| 2021 | $5,101 +0.7% | $126,200 |
| 2020 | $5,067 +0.9% | $126,200 |
| 2019 | $5,024 +0.5% | $126,200 |
| 2018 | $5,001 +1.6% | $126,200 |
| 2017 | $4,924 +0.8% | $126,200 |
| 2016 | $4,886 +3.4% | $126,200 |
| 2015 | $4,727 +8.8% | $126,200 |
| 2014 | $4,345 +5.1% | $126,200 -19.8% |
| 2012 | $4,132 +2.4% | $157,300 |
| 2011 | $4,035 +13.2% | $157,300 |
| 2010 | $3,566 +2.7% | $157,300 +81% |
| 2009 | $3,471 +6.8% | $86,900 |
| 2008 | $3,250 +8.4% | $86,900 |
| 2007 | $2,998 +3.9% | $86,900 |
| 2006 | $2,885 +10.7% | $86,900 |
| 2005 | $2,607 -4.5% | $86,900 |
| 2004 | $2,729 | $86,900 |
| 2003 | -- | $86,900 |
| 2002 | -- | $86,900 |
| 2001 | -- | $86,900 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 08865
Nearby schools
GreatSchools rating
- 5/10Green Street Elementary SchoolGrades: 3-5Distance: 0.8 mi
- 4/10Phillipsburg Middle SchoolGrades: 6-8Distance: 0.4 mi
- 5/10Phillipsburg High SchoolGrades: 9-12Distance: 1.7 mi
- $296,1003 bd2 ba1.2k sqft65 Filmore St, Phillipsburg, NJ 08865Off Market
- $289,900-- bd-- ba1.6k sqft64 Filmore St, Phillipsburg, NJ 08865For Sale
- $208,9002 bd1 ba1.1k sqft63 Filmore St, Phillipsburg, NJ 08865Off Market
- $1,4954 bd1 ba-- sqft62 Summit Ave APT B, Phillipsburg, NJ 08865For Rent
- $290,5004 bd2 ba-- sqft56 Summit Ave, Phillipsburg, NJ 08865Off Market
- $246,200-- bd-- ba1.6k sqft68 Summit Ave, Phillipsburg, NJ 08865Off Market
- $216,0003 bd1 ba1.1k sqft61 Filmore St, Phillipsburg, NJ 08865Off Market
- $222,800-- bd-- ba1.3k sqft70 Summit Ave, Phillipsburg, NJ 08865Off Market
A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
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