405 S Main St, Phillipsburg Town NJ 08865-3018

$450,000
Active
Phillipsburg Town

About this home

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!

Taxes & fees

Annual property tax
$8,990
Tax year
2025
Tax rate
4.675

Property details

Year Built
1929
Roof (*text)
Flat
Lot Size Area
0.06
MLS #
4051300

Features & amenities

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)
Garage spaces
0
Heating
2 Units
Lot dimensions
.057 ACRE
Property Location

40.68599, -75.19179

Geo Lat Long Proximity (field_pro_lat_long)
Units: Miles
Origin Coordinates
Value in decimal degrees. Use dot (.) as decimal separator.
Listing source
GSMLS
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