$359,000

343 Thomas St Unit 3 Phillipsburg, NJ 08865

Estimated payment $2,404/month

Total Views 562
4 Beds
3 Baths
-- Sq Ft
-- Price per Sq Ft

Highlights

  • Thermal Windows
  • Patio
  • Ceiling Fan
  • Porch
  • Zoned Heating
  • Level Lot

About This Home

GREAT OPPORTUNITY !! This is your chance to own a 3 family, fully rented income generating property located in the Purcell Hill section. The property has been owned by the original father and son for over 100 years. This all brick home has been well maintained throughout the years. Each tenant pays their own electric bill. There is a 1st floor studio, 1st floor one bedroom, and a 2nd floor 2 bedroom apartment. INVESTORS: THIS PROPERTY HAS A CAP RATE OF 8.16 AT THE listing PRICE.

Listing Agent

Joseph Nesbihal

RE/MAX HERITAGE PROPERTIES Brokerage Phone: 973-598-1700 Listed on: 11/10/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,185

Year Built

  • Built in 1927

Lot Details

  • 3,049 Sq Ft Lot
  • Level Lot

Parking

  • On-Street Parking

Home Design

  • Brick Exterior Construction
  • Slate Roof

Interior Spaces

  • Ceiling Fan
  • Thermal Windows
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Fire and Smoke Detector

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Outdoor Features

  • Patio
  • Porch

Schools

  • Green St. Elementary School
  • Philipsbrg Middle School
  • Philipsbrg High School

Utilities

  • Zoned Heating
  • Radiator
  • Standard Electricity
  • Gas Water Heater

Community Details

  • Net Operating Income $29,300

Listing and Financial Details

  • Assessor Parcel Number 3019-01813-0000-00005-0000-

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,185

Year Built

Built in 1927

Lot Details

0

Listing Details

  • Unit Style: 2-Two Story, Triplex
  • Year Built: 1927
  • Year Built Description: Approximate
  • County Name: Warren
  • Easements Description: Sidewalk
  • Exclusions: Personal property
  • Directions: RTE 22 TO ROSEBERRY ST. R.ON CENTER, L. ON GREEN, R.ON THOMAS ST. HOME WILL BE STUATED ON THE RIGHT.
  • I D: 5394534
  • Section Subdiv Development: Purcell Hill
  • Attribution Contact: 973-598-1700
  • MLS Status: Active
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Carbon Monoxide Detector, Carpeting, Smoke Detector, Tile Floors, Vinyl-Linoleum Floors, Wood Floors
  • Bedrooms: 4
  • Total Bathrooms: 3
  • Total Full Bathrooms: 3
  • Basement: Yes
  • Basement Description: Full, Unfinished

Exterior Features

  • Exterior Description: Brick
  • Exterior Features: Curbs, Open Porch(es), Patio, Sidewalk, Thermal Windows/Doors
  • Roof Description: Slate

Garage/Parking

  • Garage Description: On-Street Parking
  • Parking Driveway Description: On-Street Parking

Utilities

  • Cooling: Ceiling Fan
  • Fuel Type: Gas-Natural
  • Heating: 1 Unit, Multi-Zone, Radiators - Hot Water
  • Sewer: Public Sewer
  • Utilities: Electric, Gas-Natural
  • Water: Public Water
  • Water Heater: Gas

Schools

  • High School: PHILIPSBRG
  • Middle Jr High School: PHILIPSBRG

Lot Info

  • Lot Size: .072 ACRE
  • Easement: Yes
  • Lot Description: Level Lot
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.07
  • Zoning: R-50

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Street Number Tax: *
  • Tax Amount: 6185
  • Tax Amount Tax: *
  • Assessor Parcel Number: 3019-01813-0000-00005-0000-
  • Tax Rate Amount: 4.545
  • Tax Rate Tax: *
  • Tax Year Tax: *
  • Tax Year: 2024

MLS Schools

  • Grade School: GREEN ST.

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $6,186 $136,100 $24,800 $111,300
2024 $5,711 $136,100 $24,800 $111,300
2023 $5,645 $136,100 $24,800 $111,300
2022 $5,645 $136,100 $24,800 $111,300
2021 $5,464 $136,100 $24,800 $111,300
2020 $5,501 $136,100 $24,800 $111,300
2019 $5,418 $136,100 $24,800 $111,300
2018 $5,418 $136,100 $24,800 $111,300
2017 $5,394 $136,100 $24,800 $111,300
2016 $5,311 $136,100 $24,800 $111,300
2015 $5,270 $136,100 $24,800 $111,300
2014 $5,098 $136,100 $24,800 $111,300
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/10/2025 11/10/25 For Sale $359,000 -- --
Source: Garden State MLS

About the Listing Agent

Joseph Nesbihal
Joseph Nesbihal

RE/MAX HERITAGE PROPERTIES

(908) 768-3974

Section Image

Joseph is a lifetime resident of New Jersey. He covers Morris, Hunterdon, Sussex, and Warren County. He works hard to provide his clients with the most positive real estate experience possible. A vital part of today's real estate industry is technology, and to that end he provides his clients with state-of-the art web tools and marketing. It's just one of the many things that has made him one of the most respected real estate agents in the neighborhoods he works!

View Joseph's Profile

Joseph's Other Listings

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    • 2.5 Baths
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    WONDERFUL CUSTOM HOME SITUATED ON A 7.68 ACRE TREE FARM IN THE MIDDLE OF LONG VALLEY. CAN CONTINUE THE CURRENT USE AS A LANDSCAPING/ NURSERY, OR THIS LEVEL LOT WOULD BE GREAT FOR HORSES. Buyer to do their due diligence with the township. This custom home features a 20' x 20' gourmet kitchen with 8' island and s/s appliances. The 22' x 14' dining room can fit all of your guests. The family room

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  • 634 Willow Grove St, Hackettstown, NJ 07840

    $875,000

    • 2 Beds
    • 1 Bath
    • 634 Willow Grove St
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    OPPORTUNITY IS KNOCKING !!!!! Sale is a package deal. The purchase includes a two bedroom, 1 full bath Craftsman style home with a full basement, the florist building, delivery van, all supplies and parking for 9 vehicles. Also included is the very successful 40+ year Calico Florist business. This is all situated on an expansive, partially fenced 1/2 acre property.***SEE ITEMS INCLUDED IN THE

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    Section Image

Source: Garden State MLS

MLS Number: 3997045

Garden State MLS

APN: 19-01813-0000-00005

New Jersey Warren County Phillipsburg 08865

343 Thomas St Unit 3, Phillipsburg, NJ

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Joseph Nesbihal
Joseph Nesbihal
Listing Agent Section Image
RE/MAX HERITAGE PROPERTIES
(908) 768-3974