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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.
| DAYS ON MARKET | 1 | LAST UPDATED | 9/17/2025 |
|---|---|---|---|
| YEAR BUILT | 1900 | COMMUNITY | Phillipsburg |
| COUNTY | Warren | STATUS | Active |
| PROPERTY TYPE(S) | Multi Family |
| ADDITIONAL DETAILS | |
| AIR | Central Air |
|---|---|
| AIR CONDITIONING | Yes |
| AREA | Phillipsburg |
| BASEMENT | Unfinished, Yes |
| CONSTRUCTION | Vinyl Siding |
| HEAT | Baseboard, Forced Air, Natural Gas |
| LOT | 2614 sq ft |
| SEWER | Public Sewer |
| STYLE | Other |
| TAXES | 8740 |
| UTILITIES | Cable Available, Natural Gas Available |
| WATER | Public |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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