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Map
$499,000
●
Multifamily -
For Sale
396 S Main St
Phillipsburg Town, NJ 08865
3 Beds
0 Bath
$2,451
Estimated Monthly
About This Property
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..
Unit Size
-
Days on Market
32 days
Land Size
-
Price per sqft
-
Property Type
Multifamily
Property Taxes
$674
HOA Dues
-
Year Built
1980
Listed By
Last updated: 2 months ago (GSMLS #3903501)
Price History
Date / Event | Date | Event | Price |
---|---|---|---|
May 22, 2024 | Listed by KELLER WILLIAMS REAL ESTATE | $499,000 | |
Listed by KELLER WILLIAMS REAL ESTATE | |||
Mar 2, 2022 | Sold | $285,000 | |
Sold | |||
Jun 4, 2004 | Sold to Ana Ragsdale, Delbert Ragsdale | $185,000 | |
Sold to Ana Ragsdale, Delbert Ragsdale | |||
Nov 24, 1999 | Sold to Vito P Caiati | $57,500 | |
Sold to Vito P Caiati |
Property Highlights
Parking Details
Open Parking Spaces: 1
Driveway Description: On-Street Parking
Interior Details
Interior Information
Water Heater: Electric
Basement Information
Has Basement
Basement Description: Unfinished
Exterior Details
Property Information
Year Built Description: Approximate
Financial Details
Tax Rate: 4.196
Tax Rate Year: 2023
Tax Year: 2023
Tax Amount: $8,089
Assessment Building: $139,600
Assessment Land: $53,200
Assessment Total : $192,800
Utilities Details
Cooling Type: None, SeeRem, WallUnit
Heating Type: 4+ Units
Heating Fuel: Gas-Natural
Water Source: Public Water
Sewer Septic: Public Sewer
Utilities: Electric, Gas-Natural
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Sold
Multifamily
3
Beds
2
Baths
1,636 ft²
$245/ft²
$400,000
Jan 23, 2024
$400,000
Apr 29, 2024
$524/mo
Sold
Multifamily
6
Beds
2
Baths
-
$445,000
May 28, 2020
$445,000
Aug 21, 2020
$297/mo
In Contract
Commercial
Loft
-
5,000 ft²
$88/ft²
$440,000
Apr 6, 2023
-
$877/mo
Past Sales
Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
---|---|---|---|---|---|---|---|---|
03/05/2024
|
|
Loft
|
-
|
5200 ft²
|
$599,000
Loft
-
5200 ft²
|
-
-
|
-
|
JESSICA CRAIG
KELLER WILLIAMS REAL ESTATE
|
11/09/2021
|
|
Studio
|
1 Bath
|
1200 ft²
|
$1,400
Studio
1 Bath
1200 ft²
|
$285,000
+20,257.14%
03/02/2022
|
-
|
Delbert Ragsdale
Clinton
|
10/28/2018
|
|
Studio
|
-
|
-
|
$1,150
Studio
-
|
-
-
|
-
|
-
|
Building Info
396 South Main Street
396 South Main Street, Phillipsburg, NJ 08865
- 1 Unit for Sale