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205 Mercer St

Phillipsburg Town, NJ 08865
  • $405,000
  • STATUS: Active Under Contract
  • ON SITE: 171 Days
  • MLS #: 3863821
Under Contract
$405,000
  • 8
    BEDS
  • 0.08
    ACRES
  • 4
    BATHS
  • 1
    1/2 BATHS
Type:
Multi-Family
Built:
1900
County:

School Information

Elementary School:
High School:

Description

Welcome to 205 Mercer Street, a remarkable multi-family property that presents a fantastic opportunity for both investors and those seeking a spacious and versatile living space. This property is located in downtown Phillipsburg and offers a diverse range of amenities and conveniences.This 4 family dwelling provides ample space for comfortable living for all tenants, ensuring that each unit within the building offers plenty of room to relax and make home. The layout is designed to maximize functionality, providing separate living spaces within each unit. Situated in a prime location, this property offers easy access to a plethora of dining options, shopping centers, and entertainment venues. Additionally, its proximity to public transportation makes commuting a breeze.This multifamily if the perfect opportunity for new and seasoned investors alike. One unit is currently vacant and can be delivered occupied or vacant for new owner to use as owner/occupant or to set new rental terms and prices for the property.

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Garden State MLS logo © 2024 Garden State Multiple Listing Service, LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Trompeter Real Estate. Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.The data relating to real estate for sale or lease on this web site comes in part from GSMLS. Real estate listings held by brokerage firms other than Trompeter Real Estate are marked with the GSMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2024-02-26T23:46:17.66.
www.trompeterrealestate.com/homes/143233256
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205 Mercer St Phillipsburg Town, NJ 08865

  • Price: $405,000
  • Status: Active Under Contract
  • On Site: 171 Days
  • MLS #: 3863821
8
Beds
4
Baths
1
½ Baths
0.08
Acres
1900
Built
County:
Warren
Area:
Phillipsburg Town
Elementary School:
Philipsbrg
High School:
Philipsbrg
Property Description
Welcome to 205 Mercer Street, a remarkable multi-family property that presents a fantastic opportunity for both investors and those seeking a spacious and versatile living space. This property is located in downtown Phillipsburg and offers a diverse range of amenities and conveniences.This 4 family dwelling provides ample space for comfortable living for all tenants, ensuring that each unit within the building offers plenty of room to relax and make home. The layout is designed to maximize functionality, providing separate living spaces within each unit. Situated in a prime location, this property offers easy access to a plethora of dining options, shopping centers, and entertainment venues. Additionally, its proximity to public transportation makes commuting a breeze.This multifamily if the perfect opportunity for new and seasoned investors alike. One unit is currently vacant and can be delivered occupied or vacant for new owner to use as owner/occupant or to set new rental terms and prices for the property.
Exterior Features

Approximate Lot Size .081 ACRE Color Of Building white Exterior Description Vinyl Siding Exterior Features CurbsSidewalk Number Of Parking Spaces 4 Parking Driveway Description 2 Car WidthDriveway-ExclusiveOn-Street Parking Roof Description Asphalt Shingle

Interior Features

Basement Yes Basement Description Unfinished Cooling CeilFanNoneSeeRem Heating 4+ Units Interior Features Carbon Monoxide DetectorFire ExtinguisherSmoke Detector Total Number Of Rooms 15 Unit1 Appliances Equipment Carbon Monoxide DetectorCeiling Fan(s)Range/Oven - ElectricRefrigeratorSee RemarksSmoke Detector Unit1 Baths 1.0 Unit1 Bedrooms 2 Unit1 Fireplaces 0 Unit1 Handicap Modified No Unit1 Levels 1 Unit1 Room Description BedroomsEat-In KitchenLiving/Dining RoomSee Remarks Unit1 Rooms 4 Unit1 Security Deposit 0 Unit1 Sq Ft 0 Unit2 Appliances Equipment Carbon Monoxide DetectorCeiling Fan(s)Range/Oven - ElectricRefrigeratorSee RemarksSmoke Detector Unit2 Baths 1.0 Unit2 Bedrooms 2 Unit2 Fireplaces 0 Unit2 Levels 1 Unit2 Room Description BedroomsKitchenLiving/Dining RoomSee Remarks Unit2 Rooms 4 Unit2 Sq Ft 0 Unit3 Baths 1.0 Unit3 Bedrooms 1 Unit3 Fireplaces 0 Unit3 Levels 2 Unit3 Room Description BedroomsKitchenLiving/Dining RoomSee Remarks Unit3 Rooms 3 Unit3 Sq Ft 0 Unit4 Appliances Equipment Carbon Monoxide DetectorCeiling Fan(s)Range/Oven - ElectricRefrigeratorSee RemarksSmoke Detector Unit4 Baths 1.5 Unit4 Bedrooms 3 Unit4 Fireplaces 0 Unit4 Levels 2 Unit4 Room Description AtticBedroomsKitchenLiving/Dining RoomSee Remarks Unit4 Rooms 5 Unit4 Sq Ft 0

Property Features

Assessment Total 153500 Building Assessment 138500 Easement Unknown Expenses Include Cold WaterInsuranceTaxes Fha Age Restricted No Fuel Type Gas-Natural Gross Operating Income 49200 Land Assessment 15000 Net Operating Income 40483 Sewer Public Sewer Tax Amount 6367 Tax Rate Amount 4.148 Tax Rate Year 2022 Tax Year 2022 Total Operating Expense 8717 Unit Style 3-Three Story Unit1 Owner Tenant Pays Owner Pays WaterTenant Pays ElectricTenant Pays GasTenant Pays Heat Unit1 Rent 1000 Unit2 Handicap Modified No Unit2 Owner Tenant Pays Owner Pays WaterTenant Pays ElectricTenant Pays GasTenant Pays Heat Unit2 Rent 1050 Unit2 Security Deposit 0 Unit3 Handicap Modified No Unit3 Owner Tenant Pays Owner Pays WaterTenant Pays ElectricTenant Pays GasTenant Pays Heat Unit3 Rent 0 Unit3 Security Deposit 0 Unit4 Handicap Modified No Unit4 Owner Tenant Pays Owner Pays WaterTenant Pays ElectricTenant Pays GasTenant Pays Heat Unit4 Rent 1050 Unit4 Security Deposit 0 Utilities ElectricGas-Natural Water Public Water Year Built Description Approximate

Listing information © 2024 Garden State Multiple Listing Service,LLC.
Listing provided courtesy of Re/Max First Choice Realtors Ii: 908-763-3046.


Garden State MLS logo © 2024 Garden State Multiple Listing Service, LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Trompeter Real Estate. Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.The data relating to real estate for sale or lease on this web site comes in part from GSMLS. Real estate listings held by brokerage firms other than Trompeter Real Estate are marked with the GSMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2024-02-26T23:46:17.66.
 
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