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2-Unit Duplex with Separate Utilities
For Sale
$299,000

283 Mercer St, Phillipsburg, NJ 08865

A two-level upper residence and a ground-floor apartment provide distinct layouts, with utilities metered separately for each home.

Property SizeContact for details
Days on Market38

Property Features for 283 Mercer St

General Information

Standard status Active
Total Parking Spaces 2
Property subtype Multi Family Home
Net Operating Income $99,999

Site & Location

Highway Access Yes
Road Access Yes
Utilities to Site Yes

Units

Unit Mix 1 x 2BR, 1 x 3BR
Multifamily Units 2

Amenities

patio area
basement
laundry room
walk-out deck
fenced-in yard
Carbon Monoxide Detector
Smoke Detector
Tile Floors
Vinyl-Linoleum Floors
Wood Floors
Deck
Metal Fence

Building Details

Year Built 1900
Units 2
Listing Agency: Keller Williams Metropolitan
Listed By: Kelly Holmquist · License #240712
Source: Cammarotarealestate
Added: Sep 17 Changed: Oct 22 Last Checked: Oct 22 at 2:21PM

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 Metropolitan

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Investment Insights

Based on property information with market context.

This 1900-built duplex contains two apartments with separate utility service. The lower-level residence has two bedrooms, a side entry, and access to a patio and basement. The upper apartment spans the second and third floors, with three bedrooms, a bonus room, laundry room, and a deck with walk-out access. An unfinished basement provides storage and has laundry connections. Outside, the property includes a fenced yard and a driveway with space for two vehicles, reached from Cherry Alley behind the building.

The property is in Phillipsburg, near schools, shopping, Routes 78 and 22, and within three miles of downtown Easton.

Key Highlights

  • Two apartments with separate utility service
  • Ground‑floor unit has two bedrooms, a side entrance, and patio access
  • Upper apartment spans two floors and includes three bedrooms, a bonus room, laundry room, and walk‑out deck

Property Analytics

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Lease Details

2
Residential units
Yes
Highway access
Yes
Paved road access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

475
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?
Duplex - A two-level upper residence and a ground-floor apartment provide distinct layouts, with utilities metered separately for each home.
Where is this duplex located?
The property is located at 283 Mercer St Phillipsburg, NJ.
What is the asking price?
The asking price for this property is $299,000.
What are key features of this property?
This property features: Two apartments with separate utility service; Ground‑floor unit has two bedrooms, a side entrance, and patio access; Upper apartment spans two floors and includes three bedrooms, a bonus room, laundry room, and walk‑out deck
More about this property
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