405 S Main St, Phillipsburg Town NJ 08865-3018

Property City
Phillipsburg Town
Property Price
$450,000
Year Built
1929
Tax Annual Amount
$8990
TaxYear (*text)
2025
Roof (*text)
Flat
Lot Size Area
0.06
MLS Status
Active
MLS #
4051300

Turnkey two-unit mixed-use investment property located in the heart of Phillipsburg, New Jersey one of the state's growing and up-and-coming communities.The first floor features approximately 2,000 square feet of fully finished commercial space, a private bathroom, and basement storage. The space is currently occupied by an established Caribbean grocery store, with the tenant paying $2,200 per month under a lease through June 2027, providing immediate rental income for the new owner.The residential unit above offers two spacious levels of living space and features two bedrooms, a den, a large living room, a separate dining room, and recently updated interiors.This is an excellent opportunity for an investor seeking an income-producing mixed-use property or a future owner-occupant looking to live and operate a business in the same building. Conveniently located near downtown Phillipsburg's shops, restaurants, major roadways, and the Pennsylvania border. Don't miss this unique commercial and residential investment opportunity!

Yearly Tax Rate
4.675
Year Built (*numeric)
1929
Basement
Yes
Roofing (*text)
Flat
Days On Market
1
Basement (*text)
Yes
Cooling (*text)
Wall A/C Unit(s), Window A/C(s)
GarageSpaces
0
Heating
2 Units
Lot Size Dimensions
.057 ACRE
Property Location

40.68599, -75.19179

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GSMLS
buynjhome Jagdeep

Jagdeep Singh

+1(848)242-6762