405 S Main St Phillipsburg, NJ 08865
Estimated payment $2,577/month
About This Home
Welcome to 405-407 South Main Street in Downtown Phillipsburg. This property is mixed use - lower unit is retail, upper is residential. The whole building has been renovated top to bottom and is fully rented. All utilities are separated except for water/sewer - separate electric and separate gas. Retail/street level unit is approx 2000 sq ft, new steel framing, sheet rock, ADA compliant bathroom, flooring, electrical, lighting, fire monitoring system and drop ceiling. Attached is the storage space, currently rented by Retail Tenant. Upstairs, unit was fully painted, appliances replaced, Hardwood floors in living area and bedrooms sanded and stained, LVP installed in hallway and kitchen, bottom kitchen cabinets replaced and bathroom plumbing redone. Forced Hot Air downstairs, Baseboard Hot water Upstairs. New AC unit, new gas furnace, and instant hot water heater installed for retail unit. Residential tenant has 2 year lease from October of 2024. Retail Tenant has 3 yr with extensions from July 2024. Garbage removal included in taxes, parking permits available through town.
Listing Agent
BETTER HOMES & GARDENS PORCHLIGHT Brokerage Phone: 973-383-8989 Listed on: 09/17/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $8,740
Year Built
- Built in 1900
Lot Details
- 2,614 Sq Ft Lot
Home Design
- Flat Roof Shape
- Vinyl Siding
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Full Bathrooms
Utilities
- Forced Air Heating and Cooling System
- Cooling System Mounted In Outer Wall Opening
- Standard Electricity
Additional Features
- Unfinished Basement
Community Details
- Net Operating Income $16,000
Listing and Financial Details
- Assessor Parcel Number 3019-01422-0000-00013-0000-
Map
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 09/17/2025 09/17/25 | For Sale | $350,000 | -- | -- |
Source: Garden State MLS
MLS Number: 3987593
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