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    602 Liberty Blvd Phillipsburg, NJ 08865

    For Sale
    $1,400,000

    High-potential, two-use commercial lot.

    Property size:
    1,458 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    311
    This exceptional Phillipsburg, NJ commercial property, located at 602 Liberty Blvd Unit 602, presents a unique investment opportunity. Spanning 1,458 square feet on a 0.44-acre lot, the property currently operates as a single unit with the potential for subdivision into two separate lots. This dual-use potential allows for increased flexibility and potential rental income streams, catering to a variety of business ventures. The existing structure offers significant space for various commercial applications, making it ideal for entrepreneurs seeking a versatile and strategically located property. The property's prime location in Phillipsburg offers easy access to major transportation routes, ensuring convenient commutes for employees and clients alike. The substantial 0.44-acre lot provides ample space for expansion or future development, further enhancing its long-term investment value. With a list price of $1,400,000, this property represents a compelling opportunity for investors seeking a high-return commercial investment in a thriving New Jersey market. The potential for subdivision alone makes this a highly attractive proposition, offering significant upside potential for savvy investors. Serious inquiries are encouraged to explore the full potential of this remarkable property.

    Property Features for 602 Liberty Blvd

    General Information

    Property type
    Other commercial real estate
    Square Feet
    1,458 SF
    Lot Size
    19,166 SF

    Building Details

    Year Built
    1937
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Phillipsburg
    County
    Warren
    State
    New Jersey
    Longitude
    -75.14867
    Latitude
    40.68195

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    FAQs

    What type of property is this?
    Commercial real estate - High-potential, two-use commercial lot.
    Where is this commercial real estate located?
    The property is located at 602 Liberty Blvd Phillipsburg, NJ.
    What is the asking price?
    The asking price for this property is $1,400,000.
    (908) 303-7312
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    602 Liberty Blvd Phillipsburg, NJ 08865
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    Phillipsburg, NJ 08865
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    Realmo Value Estimation

    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.

    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.

    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
    602 Liberty Blvd Phillipsburg, NJ 08865
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