Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Office Space in Phillipsburg Town Title is generated by Realmo AI

    Phillipsburg Town, Phillipsburg, NJ 08865

    View on Map
    Claim this Listing
    For Lease
    $1,200 /Mo

    Commercial - Phillipsburg Town, NJ

    Lot size:
    0.71 Acres
    Added:
    May 19, 2026
    Days on Market:
    14
    Last Refresh:
    Jun 1 at 8:06 am

    Property Features for Phillipsburg Town

    General Information

    Property type
    Commercial Lease
    Property subtype
    Other
    Zoning
    comm
    Parking features
    Parking Lot
    Standard status
    Active
    Lot size
    0.71 Acres

    Taxes and HOA fees

    Tax Year
    2024
    Tax Annual Amount
    13821

    Utilities

    Heating system
    Baseboard, Electric (Heating)

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    SUSAN DILEO

    Listing agent SUSAN DILEO

    Listing office MELCHOR REALTY 111 GREENWICH ST, Belvidere, NJ

    Listing date May 19, 2026

    MLS# 4028636 Listing URL

    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.

    Overview

    Commercial office space is available for rent on South Main Street. The property features on-site off-street parking, a free-standing, newly renovated office space, and a detached bathroom for tenant use. The lot size is 0.71 acres. The property is located in Phillipsburg Town, Warren County, New Jersey. It offers great visibility, easy access, and a flexible layout. Prospective tenants must verify their intended use with local zoning to ensure compliance.
    Location Intelligence

    Current Use by Public Records

    Isalis (Bike/Boat/Book/etc) Store Party City Party Supply Store Skunk Funk Big Box & Wholesale Store Carl's Trading Co Hat Shop Bushka's Kitchen LLC (Bike/Boat/Book/etc) Store

    Suggested Use

    Law Firm Restaurant Real Estate Agency Spa & Massage Center Hair Salon Dental Office Nail Salon Food Market Gym & Fitness Center Grocery & Convenience Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Phillipsburg
    County
    Warren
    State
    New Jersey
    Longitude
    -75.1472
    Latitude
    40.7083

    Nearby Similar for Lease

    • $1,000/Mo
      416 SF

      Phillipsburg Town Retail Space Available

      Versatile commercial space suitable for various retail businesses.
      443 S Main St, Phillipsburg Town, NJ 08865-3030
      View Details
    • $3,000/Mo
      1,400 SF

      Phillipsburg Commercial Space For Rent

      Versatile commercial space with garage, office, and convenient location.
      Phillipsburg Town, NJ 08865-3457
      View Details
    • $1,500/Mo
      1,400 SF

      Phillipsburg Commercial Space For Rent

      Versatile commercial space with garage, office, and convenient location.
      Phillipsburg Town, NJ 08865-3457
      View Details
    • $2,400/Mo

      Phillipsburg Town Office Space Available

      First floor office space with multiple offices and conference room.
      372 S Main St, Phillipsburg Town, NJ 08865-3017
      View Details
    • Contact for pricing
      6,548 SF

      Professional Office Building For Lease

      6,548 SF professional office building, ready for immediate occupancy.
      1000 Coventry Dr, Lopatcong Twp., NJ 08865-1980
      View Details
    • $2,400/Mo
      3,600 SF

      High-Visibility Commercial Space Near Easton

      3,600 sq ft commercial space in high-traffic location.
      481 Memorial Pkwy, Phillipsburg Town, NJ 08865
      View Details
    • $2,500/Mo
      1,443 SF

      Freestanding Office Space Available

      Highly visible office space in Phillipsburg, suitable for various uses.
      707 New Brunswick, Pohatcong, NJ 08865
      View Details
    • Contact for pricing
      1,443 SF

      Freestanding Office Space Available

      Highly visible professional office space in Phillipsburg, NJ for lease.
      707 New Brunswick Avenue, Pohatcong, NJ 08865
      View Details
    • $1,500/Mo
      1,400 SF

      Versatile Commercial Space For Rent

      1400 sq ft commercial space with garage and office.
      812 S Main St, Phillipsburg Town, NJ 08865
      View Details
    • $1,200/Mo

      Office Space on South Main

      Commercial office space for rent with parking and renovated office.
      812 S Main St, Phillipsburg Town, NJ 08865
      View Details
    • $2,200/Mo

      Renovated Three-Bedroom Apartment in Phillipsburg

      Fully renovated 3-bedroom apartment with modern amenities and ample parking.
      31 Glen Ave, Phillipsburg, NJ 08865-2422
      View Details
    • $3,000/Mo
      3,400 SF

      Accessible Commercial Storage Space

      3,400 sq ft storage space on South Main Street.
      1402 S Main St, Pohatcong Twp., NJ 08865
      View Details

    FAQs

    What type of property is this?
    Office units - Commercial office space for rent with parking and detached bathroom.
    Where is this office units located?
    The property is located at Phillipsburg Town Phillipsburg, NJ.
    What is the lease rate?
    The lease rate is $1,200 /Mo.
    (908) 475-2050
    We can help!
    Listing Contact
    SUSAN DILEO
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    Phillipsburg Town, NJ 08865-3457
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!