Skip To Content

396 S Main St

Phillipsburg Town, NJ 08865
  • $499,000
  • STATUS: Active
  • ON SITE: 22 Days
  • MLS #: 3903501
UPDATED: 152 min ago
$499,000
  • 3
    BEDS
  • 0.06
    ACRES
  • 3
    BATHS
  • 1
    1/2 BATHS
Type:
Multi-Family
Built:
1886
County:

School Ratings & Info

Description

Updated, Well Maintained Commercial Building. Impressive curb appeal with a great current cash flow. Truly the best looking building on the block with original character still in place. This building features 3 apartments & 1 store front. Fully rented, turnkey ready for an investor. All utilities are separated natural gas heat & electric. Apartments have been updated, kitchen cabinets, tiled floors & carpet. Bathrooms are updated. Building is home to 3 Claw Foot Tubs. Furnaces were replaced, electrical is up to date, tenants pay for electric and natural gas. Landlord pays sewer & water. A commercial kitchen, hardwood floors in dining area, huge kitchen and prep areas w/Lg. Hooded Ansel System, Triple Basin Sink, Dry Storage Rm. The restaurant space is rented. Newer Fire Escape. This building is up to code in all areas including the fire safety system that is in place. There is a full basement with Bilco doors & a rear loading platform. Located in the heart of downtown Main St. Less than 10 minutes to Rt 22/78.Hardwood floors in main dining area, huge kitchen and Prep areas w/Lg. Hooded Ansel System, Triple Basin Sink, Prep tables, Dry Storage Rm. Less than 10 minutes to Rt 22/78..

Monthly Payment Calculator



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 2024-06-15T21:47:09.083.
www.trompeterrealestate.com/homes/150850980
Print Image

396 S Main St Phillipsburg Town, NJ 08865

  • Price: $499,000
  • Status: Active
  • On Site: 22 Days
  • Updated: 152 min ago
  • MLS #: 3903501
3
Beds
3
Baths
1
½ Baths
0.06
Acres
1886
Built
County:
Warren
Area:
Phillipsburg Town
Property Description
Updated, Well Maintained Commercial Building. Impressive curb appeal with a great current cash flow. Truly the best looking building on the block with original character still in place. This building features 3 apartments & 1 store front. Fully rented, turnkey ready for an investor. All utilities are separated natural gas heat & electric. Apartments have been updated, kitchen cabinets, tiled floors & carpet. Bathrooms are updated. Building is home to 3 Claw Foot Tubs. Furnaces were replaced, electrical is up to date, tenants pay for electric and natural gas. Landlord pays sewer & water. A commercial kitchen, hardwood floors in dining area, huge kitchen and prep areas w/Lg. Hooded Ansel System, Triple Basin Sink, Dry Storage Rm. The restaurant space is rented. Newer Fire Escape. This building is up to code in all areas including the fire safety system that is in place. There is a full basement with Bilco doors & a rear loading platform. Located in the heart of downtown Main St. Less than 10 minutes to Rt 22/78.Hardwood floors in main dining area, huge kitchen and Prep areas w/Lg. Hooded Ansel System, Triple Basin Sink, Prep tables, Dry Storage Rm. Less than 10 minutes to Rt 22/78..
Exterior Features

Approximate Lot Size .063 ACRE Color Of Building Brick Exterior Description Brick Number Of Parking Spaces 1 Parking Driveway Description On-Street Parking Roof Description FlatRubberized

Interior Features

Basement Yes Basement Description Unfinished Cooling NoneSeeRemWallUnit Heating 4+ Units Total Number Of Rooms 14 Unit1 Appliances Equipment Carbon Monoxide DetectorFire Alarm SystemKitchen Exhaust FanSmoke Detector Unit1 Baths 1.0 Unit1 Bedrooms 0 Unit1 Fireplaces 0 Unit1 Handicap Modified No Unit1 Levels 1 Unit1 Room Description See Remarks Unit1 Rooms 4 Unit1 Security Deposit 1800 Unit1 Sq Ft 1600 Unit2 Appliances Equipment Carbon Monoxide DetectorRange/Oven - ElectricRefrigeratorSee Remarks Unit2 Baths 1.0 Unit2 Bedrooms 1 Unit2 Fireplaces 0 Unit2 Levels 1 Unit2 Room Description KitchenLiving/Dining RoomMaster BedroomSee Remarks Unit2 Rooms 2 Unit2 Sq Ft 900 Unit3 Baths 1.0 Unit3 Bedrooms 1 Unit3 Fireplaces 0 Unit3 Levels 1 Unit3 Room Description KitchenLiving/Dining RoomMaster Bedroom Unit3 Rooms 3 Unit3 Sq Ft 1600 Unit4 Appliances Equipment Carbon Monoxide DetectorRange/Oven - ElectricSee RemarksSmoke Detector Unit4 Baths 1.0 Unit4 Bedrooms 1 Unit4 Fireplaces 0 Unit4 Levels 1 Unit4 Room Description KitchenLiving/Dining RoomMaster Bedroom Unit4 Rooms 4 Unit4 Sq Ft 1600

Property Features

Assessment Total 192800 Building Assessment 139600 Easement No Expenses Include InsuranceMaintenanceSee RemarksTaxes Fha Age Restricted No Fuel Type Gas-Natural Gross Operating Income 5400 Land Assessment 53200 Net Operating Income 0 Sewer Public Sewer Tax Amount 8089 Tax Rate Amount 4.196 Tax Rate Year 2023 Tax Year 2023 Total Operating Expense 0 Unit Style 3-Three Story Unit1 Owner Tenant Pays Owner Pays WaterTenant Pays ElectricTenant Pays GasTenant Pays Heat Unit1 Rent 1200 Unit2 Handicap Modified No Unit2 Owner Tenant Pays Owner Pays WaterTenant Pays ElectricTenant Pays GasTenant Pays Heat Unit2 Rent 1000 Unit2 Security Deposit 925 Unit3 Handicap Modified No Unit3 Owner Tenant Pays Owner Pays WaterTenant Pays ElectricTenant Pays GasTenant Pays Heat Unit3 Rent 1100 Unit3 Security Deposit 1650 Unit4 Handicap Modified No Unit4 Owner Tenant Pays Owner Pays WaterTenant Pays ElectricTenant Pays GasTenant Pays Heat Unit4 Rent 900 Unit4 Security Deposit 775 Utilities ElectricGas-Natural Water Public Water Water Heater Electric Year Built Description Approximate

Listing information © 2024 Garden State Multiple Listing Service,LLC.
Listing provided courtesy of Keller Williams Real Estate: 908-751-7750.


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 2024-06-15T21:47:09.083.
 
https://bt-photos.global.ssl.fastly.net/gsmls/orig_boomver_1_3903501-2.jpg https://bt-photos.global.ssl.fastly.net/gsmls/orig_boomver_1_3903501-2.jpg https://bt-photos.global.ssl.fastly.net/gsmls/orig_boomver_1_3903501-2.jpg
Logo
Trompeter Real Estate
355 Varick Street
Jersey City NJ, 07302