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Historic Finesville Multifamily Opportunity

191 Mount Joy Rd Phillipsburg, NJ 08865

191 Mount Joy Rd, Phillipsburg, NJ, 08865
$349,000
For Sale
$349,000

Three-story brick structure in historic Finesville village with rental potential.

Lot Size0.28 Acres
Days on Market130

Property Features for 191 Mount Joy Rd

General Information

Standard status
Active
Lot size
0.28 Acres
Property subtype
Multi Family

Building Details

Year Built
1880
Listing Agency COLDWELL BANKER HEARTHSIDE
Listed by BARBARA GROOGAN
Source Elliman
Added: Mar 11 Checked: Jul 17 at 4:35 am

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 COLDWELL BANKER HEARTHSIDE


Investment Insights

Based on property information with market context.

Located in the historic village of Finesville, this three-story brick structure dates back to approximately 1880. The village, situated along the Musconetcong River, features a collection of historic homes. Once a hub of activity known as Chelsea Forge in the mid-1700s, the area included a forge, grist mill, knife factory, and other small businesses. Today, it is a residential village named after the Fine family, who renamed it in the 1800s. The property offers proximity to recreation on the Delaware River, with a public boat ramp a short drive away. The area is suitable for walking and biking, and the stocked river is appealing for fishing. Nearby wineries and river towns provide entertainment, restaurants, and shopping. The structure includes one rented unit with a living room, eat-in kitchen, laundry/mudroom on the first floor, and one bedroom and a full bath on the second floor, heated by oil. The other, currently unrented, space features a living room, kitchen, and laundry/mudroom on the first floor, along with two bedrooms, a den, and a full bath on the second floor, also heated by oil. The third-floor loft space and full attic offer various possibilities. A full basement is accessible from the outside. The property includes a spacious backyard, on-street parking, and off-street parking for three cars. Potential uses include Air B&B or owner-occupied with rental income. The location is 90 minutes from NYC and Philadelphia, with convenient access to Route 78 and shopping.

Key Highlights

  • Historic 1880s brick structure in the historic village of Finesville.
  • Two separate living units offer rental income potential or owner‑occupancy options.
  • Spacious backyard and off‑street parking for 3 cars.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Multifamily properties

Suggested Use

Real Estate Agency Garden Center Locksmith (Bike/Boat/Book/etc) Store Veterinary Clinic (Bike/Boat/Book/etc) Store Carpet & Flooring Store Computer & Electronic Repair Home Appliance Store Tattoo & Piercing Shop

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

FAQs

What type of property is this?
Multifamily property - Three-story brick structure in historic Finesville village with rental potential.
Where is this multifamily property located?
The property is located at 191 Mount Joy Rd Phillipsburg, NJ.
What is the asking price?
The asking price for this property is $349,000.
What are key features of this property?
This property features: Historic 1880s brick structure in the historic village of Finesville.; Two separate living units offer rental income potential or owner‑occupancy options.; Spacious backyard and off‑street parking for 3 cars.
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