Updated Two-Unit
For Sale
$369,900
122 Summit Ave, Phillipsburg, NJ 08865
Multi-Family, Under/Over, Phillipsburg Town, NJ
Property SizeContact for details
Lot Size0.06 Acres
Days on Market23
Property Features for 122 Summit Ave
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
R-50
Bedrooms
5
Bathrooms
2
Full bathrooms
2
Rooms
Bedroom 4, Bedroom 2, Bathroom 2, Bedroom 3, Basement, Bedroom 1, Bedroom 5, Bathroom 1
Parking
2
Patio and Porch features
Porch, Patio
Interior features
Carbon Monoxide Detector, Fire Extinguisher, Smoke Detector
Exterior features
Curbs, Open Porch(es), Patio, Sidewalk
Subdivision
Not in a Development
Lot features
Level Lot
High school
PHILIPSBRG
Directions
From Rt 78, take exit 3 towards Phillipsburg, L on Morris St ramp, L on Morris, make hard R on Summit. 122 Summit is on the Left
Standard status
Active
Lot size
0.06 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
7031
Utilities
Sewer type
Public Sewer
Water source
Public
Amenities
basement laundry
covered rear patio
shared backyard
off-street parking
covered second-floor deck
Building Details
Year built
1920
Number of units
2
Roof type
Shingle
Architectural style
Other
Listing Agency:
KELLER WILLIAMS REAL ESTATE · Keller Williams Realty
(610) 867-8888
Listed By:
ASHLEY CARRIGAN · License #2079051
(610) 867-8888
Added: Aug 7
Changed: Aug 26
Last Checked: Aug 29 at 4:06AM
MLS# 4045620
Copyright © 2026 Garden State MLS, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
Built in 1920, this R-50 duplex contains two residential apartments with separate layouts. The first-floor unit has 2 bedrooms and 1 bath, along with basement laundry, a covered rear patio, shared backyard access, and off-street parking. The second-floor unit includes 3 bedrooms and 1 bath, a living and dining room combination, a galley kitchen, and a covered deck. Both apartments feature luxury vinyl plank flooring, and the upper unit has an updated bathroom with modern finishes.
Both tenants pay their own utilities. The property also includes public water, public sewer, a shingle roof, sidewalks, curbs, and porch features. Its Phillipsburg Town setting places the duplex near shopping, dining, schools, and major commuting routes.
Both tenants pay their own utilities. The property also includes public water, public sewer, a shingle roof, sidewalks, curbs, and porch features. Its Phillipsburg Town setting places the duplex near shopping, dining, schools, and major commuting routes.
Key Highlights
- Two‑unit duplex with 2‑bedroom and 3‑bedroom apartments
- R‑50 zoning on a 0.06‑acre lot
- Fully occupied; both tenants pay their own utilities
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
964
Businesses Nearby
Explore this area
Business Placement
Demographics for 08865, NJ
30,537
Population
14,146
Households
2.2
Avg Household Size
42
Median Age
29%
College-Educated
93%
High-School Grad
41.5 sq mi
ZIP Area
736
Density / Sq Mi
$78,519
Median Household Income
$49,811
Median Earnings
$1,248
Median Rent
$244,200
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Fully occupied income property with tenant-paid utilities, outdoor areas, and off-street parking.
Where is this duplex located?
The property is located at 122 Summit Ave Phillipsburg, NJ.
What is the asking price?
The asking price for this property is $369,900.
What are key features of this property?
This property features: Two‑unit duplex with 2‑bedroom and 3‑bedroom apartments; R‑50 zoning on a 0.06‑acre lot; Fully occupied; both tenants pay their own utilities
