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    324 S Main St Phillipsburg, NJ 08865

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    For Sale
    $139,900

    Versatile commercial space in historic downtown Phillipsburg.

    Property size:
    2,028 SF
    Lot size:
    0.04 Acres

    Property Features for 324 S Main St

    General Information

    Standard status
    Active
    Size
    2,028 SF
    Lot size
    0.04 Acres

    Building Details

    Year built
    1900

    Source: WEICHERT REALTORS Agent MARK MARINA

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

    Overview

    Downtown Phillipsburg Office/Retail Opportunity

    Located in downtown Phillipsburg, this property offers a prime opportunity to continue a legacy of business success. Previously used as an office, the space is suitable for similar applications, but also allows for diverse creative uses. The location provides high visibility from the street and benefits from foot traffic generated by downtown shopping and events at Shapell Park. The property is suitable for startups, expansions, or downsizing businesses. Recent updates include newer windows, including two bow windows in the front, updated electrical wiring and LED lighting installed this year, and a newer HVAC system (2024), as well as a Toshiba Mini split unit in one office space. Cables and lines have been updated, and venting has been improved in the crawl space. The walk-out basement offers additional storage space or future development potential. A large, flat backyard provides space for gatherings, events, or a garden. The property size is 2028 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Office space

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store 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
    -75.1944745
    Latitude
    40.6867484

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    FAQs

    What type of property is this?
    Office space - Versatile commercial space in historic downtown Phillipsburg.
    Where is this office space located?
    The property is located at 324 S Main St Phillipsburg, NJ.
    What is the asking price?
    The asking price for this property is $139,900.
    What are key features of this property?
    This property features: - High-visibility location on Main Street with significant car and foot traffic.; - Recently updated HVAC (2024), electrical wiring, LED lighting, and windows.; - Two spacious office areas suitable for immediate business use.
    (908) 454-1717
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    324 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
    324 S Main St Phillipsburg, NJ 08865
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