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Two-Family Residential Income Property
For Sale
$310,000

17 Railroad Ave, Phillipsburg, NJ 08865

Two separate, updated units with rear two-car parking pad, offering a straightforward rental setup in Phillipsburg.

Property SizeContact for details
Days on Market51

Property Features for 17 Railroad Ave

General Information

Standard status Active
Property subtype Multi Family

Taxes and HOA fees

Annual Taxes $4,983

Building Details

Year Built 1900
Units 2
Listing Agency: KELLER WILLIAMS VILLAGE SQUARE REALTY
Listed By: DIANNA IVANOV
Source: Elliman
Added: Jun 24 Changed: Aug 8 Last Checked: Aug 12 at 7:34AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of KELLER WILLIAMS VILLAGE SQUARE REALTY

Investment Insights

Based on property information with market context.

This two-family residential income property includes two separate units and updated living spaces. The layout supports independent tenancy, and the rear of the property provides a two-car parking pad, supporting everyday access and tenant convenience.

Located in Phillipsburg, the property offers convenient access toward Easton, PA, Route 22, and I-78. Based on available walkability and bikeability information, the area scores as very walkable with a walkScore of 72 and somewhat bikeable with a bikeScore of 39. The surrounding context also includes nearby shopping, dining, and local amenities, adding to the practical day-to-day appeal for residents.

For investors or owner-operators seeking a residential rental with separate units, this property provides a relatively low-maintenance ownership structure centered on two independently usable spaces. Its combination of updated interiors and on-site rear parking can help simplify tenant fit and reduce common friction points associated with shared living arrangements. The offering is structured as a fully rented investment property for sale, providing an opportunity to acquire an income-focused two-family asset in Phillipsburg.

Key Highlights

  • Two‑family property built in 1900 with two separate rental units
  • Both units are described as updated, offering a modern, move‑in‑ready setup for tenants
  • Rear two‑car parking pad for tenant parking

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency (Bike/Boat/Book/etc) Store Parking Lot & Garage Locksmith Skin Care Clinic Veterinary Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

866
Businesses Nearby

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

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Duplex - Two separate, updated units with rear two-car parking pad, offering a straightforward rental setup in Phillipsburg.
Where is this duplex located?
The property is located at 17 Railroad Ave Phillipsburg, NJ.
What is the asking price?
The asking price for this property is $310,000.
What are key features of this property?
This property features: Two‑family property built in 1900 with two separate rental units; Both units are described as updated, offering a modern, move‑in‑ready setup for tenants; Rear two‑car parking pad for tenant parking
More about this property
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