NOT LISTED FOR SALE

665 Columbus Ave Phillipsburg, NJ 08865

Estimated Value: $263,568

-- Bed
-- Bath
-- Sq Ft
0.43 Acres

Last Sold October 05, 2021

Last sale price $550,000

Current estimated payment $1,643/month

380 Days on Market

Highlights

  • 0.43 Acre Lot
  • Central Air
  • Ceiling Fan

About This Home

As of October 2021

Golden opportunity to own a fully equipped, beloved Phillipsburg institution with built-in customer base, plus adjacent 2-unit building. Guy's Bar & Grill / Il Gaetano was built on tradition & pride, managed by the same family for 80 years. Sale includes TURN KEY restaurant/bar, liquor license & all equipment, PLUS adjacent two-unit building at 435 Thomas St. Both commercial use. Private, off street parking for 30+ cars. Restaurant is handicap accessible & air conditioned w/nicely appointed updates/restrooms. Indoor/outdoor dining. Features include 8’ x 10’ walk in cooler w/remote compressor, 6 spigot draft system w/remote cooling, pizza oven & newly updated code compliant kitchen exhaust with Ansil fire retardant system. Abundant storage. 435 Thomas has full bath in each unit. Corner location near RT22 & I78, and just blocks from the new Logistics Industrial Park, the largest warehousing development in the country. Take advantage of the growth in this area. Fantastic investment.

Last Agent to Sell the Property

Autumn Bragg

Coldwell Banker Heritage R E Listed on: 06/01/2020

Coldwell Banker Heritage R E

Co-Listed By

Angela Bock

BHHS Fox & Roach Easton

Last Buyer's Agent

nonmember nonmember

NON MBR Office

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $16,344

Year Built

  • Built in 1930

Lot Details

  • 0.43 Acre Lot
  • Property is zoned R-5

Interior Spaces

  • Ceiling Fan

Parking

  • 30 Parking Spaces
  • Paved Parking

Utilities

  • Central Air
  • Cooling System Mounted In Outer Wall Opening
  • Heating System Uses Gas
  • Cable TV Available

Community Details

Listing and Financial Details

  • Assessor Parcel Number 2301/8

Home Details

Home Type

Single Family

Est. Annual Taxes

$16,344

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Property Type: Investment Property
  • Property Sub Type: Investment Property
  • Property Sub Type Category: Detached
  • Technology: Cable
  • County Assessment: 482700.00
  • V O W Automated Valuation Dis: Yes
  • V O W Consumer Comment: Yes
  • Year Built: 1930
  • Year Built Exception: Unknown
  • Special Features: None

Garage/Parking

  • Parking: Paved Lot
  • Parking Spaces: 30

Utilities

  • Cooling: Ceiling Fan, Central AC, Wall AC
  • Heat Type: Gas
  • Sewer: Public
  • Water: Public

Schools

  • School District: Phillipsburg

Lot Info

  • Acres: 0.427
  • Lot Sq Ft: 18600
  • Zoning Code: R-5

Tax Info

  • Assessor Parcel Number: 2301/8

Multi Family

  • Total Units: 3
  • Total Unit Count: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 30, 2023
Sold by
Rosendo Realty Llc
Bought by
Martinez Properties Llc
Current Estimated Value
$263,568

Purchase Details

Listed on
Jun 1, 2020
Closed on
Oct 4, 2021
Sold by
Bock John A
Bought by
Rosendo Realty Llc
Seller's Agent
Autumn Bragg
Coldwell Banker Heritage R E
Buyer's Agent
nonmember nonmember
NON MBR Office
List Price
$799,000
Sold Price
$550,000
Premium/Discount to List
-$249,000
-31.16%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-16.86%

Purchase Details

Closed on
May 11, 1995
Sold by
Somerset Svgs Bank Sla
Bought by
Bock John A

Purchase Details

Closed on
Nov 20, 1989
Bought by
Bock John A
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Martinez Properties Llc $220,000 Chicago Title
Martinez Properties Llc $220,000 Chicago Title
Rosendo Realty Llc $170,000 Prestige Title Agency Inc
Bock John A $46,000 --
Bock John A -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/05/2021 10/05/21 Sold $550,000 -7.6% --
06/16/2021 06/16/21 Pending -- -- --
07/07/2020 07/07/20 Price Changed $595,000 -25.5% --
06/01/2020 06/01/20 For Sale $799,000 -- --
Source: Greater Lehigh Valley REALTORS®

Tax History Compared to Growth

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 $16,344 $359,600 $60,500 $299,100
2024 $15,089 $359,600 $60,500 $299,100
2023 $14,916 $359,600 $60,500 $299,100
2022 $14,916 $359,600 $60,500 $299,100
2021 $14,647 $359,600 $60,500 $299,100
2020 $14,535 $359,600 $60,500 $299,100
2019 $14,316 $359,600 $60,500 $299,100
2018 $14,316 $359,600 $60,500 $299,100
2017 $14,251 $359,600 $60,500 $299,100
2016 $14,032 $359,600 $60,500 $299,100
2015 $13,924 $359,600 $60,500 $299,100
2014 $13,471 $359,600 $60,500 $299,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Lehigh Valley REALTORS®

MLS Number: 637117

Greater Lehigh Valley REALTORS®

APN: 19-02301-0000-00008