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    441 S Main St Phillipsburg, NJ 08865

    For Sale
    $329,900

    Multifamily property with potential for income and business.

    Lot size:
    0.10 Acres

    Property Features for 441 S Main St

    General Information

    Lot size
    0.10 Acres

    Building Details

    Year built
    1920

    Source: COLDWELL BANKER REALTY Agent FREEMAN SMITH

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Versatile Multifamily Property with Salon

    This multi-family property offers a prime location and potential for various uses. The main unit, 441, includes 3 bedrooms, a spacious living room, a formal dining room, a kitchen, a laundry area, and a full basement suitable for storage or future expansion. The second unit, situated on the upper level, features 1 bedroom, a living room, a kitchen, and a full bath, making it suitable for generating income. The third unit was previously configured as a beauty salon and can be revived or repurposed for a variety of uses. The property also includes a private backyard and a detached garage for car or storage. This property is suitable for investors or entrepreneurs looking to live and work on-site.
    Location Intelligence

    Current Use by Public Records

    Triplexes

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply 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
    -75.1903548
    Latitude
    40.685592

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    FAQs

    What type of property is this?
    Triplex - Multifamily property with potential for income and business.
    Where is this triplex located?
    The property is located at 441 S Main St Phillipsburg, NJ.
    What is the asking price?
    The asking price for this property is $329,900.
    What are key features of this property?
    This property features: - Multi-family property with income-generating potential.; - Main unit features **3 bedrooms, spacious living room, formal dining room, kitchen, laundry area, and full basement.**; - Third unit previously used as a beauty salon, offering potential for business or repurposing.
    (908) 735-8080
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    441 S Main St 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
    441 S Main St Phillipsburg, NJ 08865
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