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Phillipsburg Apartment Community For Sale

25 Fairview Ave, Phillipsburg, NJ 08865

For Sale
Contact for pricing

75-unit apartment complex with diverse floor plans and amenities.

Property SizeContact for details
Days on Market256

Property Features for 25 Fairview Ave

General Information

Standard status Active
Property subtype Multifamily
Net Operating Income $695,322
Listing Agency: Sage Investment Real Estate Advisors
Listed By: Katie Migner · License NJ #0123902
Source: Crexi
Added: Mar 2 Changed: Nov 9 Last Checked: Nov 12 at 7:42AM

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 Sage Investment Real Estate Advisors

Rey
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Investment Insights

Based on property information with market context.

Ravenscroft Apartments, located in Phillipsburg, NJ, is a community featuring three low-rise, three-story buildings constructed in 1965. The property consists of 75 residences with a mix of one-, two-, and three-bedroom apartment homes. Two-bedroom layouts make up 76% of the community. The apartments feature hardwood floors, walk-in closets, and private balconies. Built-in air conditioning units and hot water baseboard heating are included. The buildings have a brick and siding facade. On-site parking and laundry facilities are available for residents.

Key Highlights

  • Spacious one-, two-, and three‑bedroom apartment homes available.
  • Two‑bedroom layouts comprise 76% of the community.
  • Hardwood floors throughout each unit.**

Property Analytics

Who owns this building? See the owner, sales and loan history
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Location Intelligence

Trade Area within ½ mile

706
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Apartment building - 75-unit apartment complex with diverse floor plans and amenities.
Where is this apartment building located?
The property is located at 25 Fairview Ave Phillipsburg, NJ.
What is the asking price?
The asking price for this property is $12,750,000.
What are key features of this property?
This property features: Spacious one-, two-, and three‑bedroom apartment homes available.; Two‑bedroom layouts comprise 76% of the community.; Hardwood floors throughout each unit.**
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