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Mixed-Use Property with Strong Return
For Sale
$649,900

53 Wilson Street, Phillipsburg, NJ 08865

Turn-key mixed-use property with apartments, store-front, and cottage.

Property Size525 SF
Price / SF$1,237
Days on Market107

Property Features for 53 Wilson Street

General Information

Standard status Active
Size 525 SF
Property subtype Multi Family
Net Operating Income $28,055

Taxes and HOA fees

Annual Taxes $9,686

Amenities

Yes
Asphalt Shingle
Carpeting, Chandelier, Smoke Detector, Vinyl-Linoleum Floors
Unfinished
Curbs, Metal Fence, Open Porch(es), Sidewalk
Cinder Block, Stone, Vinyl Siding

Building Details

Year Built 1900
Listing Agency: COLDWELL BANKER HEARTHSIDE
Listed By: MARY ALICE HEIMERL · License #237481
Source: Compass
Added: Apr 25 Changed: Aug 8 Last Checked: Jul 21 at 6:02AM

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.

This mixed-use property features an attached three-bedroom Colonial, a 1,000 square foot store-front, two apartments, and a cottage with an attached two-car garage. The property is located in the center of town and offers a strong return on investment. Recent updates include a newer roof. The property is well maintained and suitable for either an owner-occupant or strictly investment purposes, offering numerous possibilities in a growing rental market. All utilities are separate. The property is in close proximity to major commuting routes and commerce.

Key Highlights

  • Strong income potential: Features a three‑bedroom Colonial, 1,000 sq. ft. store‑front, two apartments, and a cottage with a two‑car garage.
  • Turn‑key condition: Well‑maintained with a newer roof and recent updates.
  • Separate utilities: Simplifies management and tenant billing.

Property Analytics

Current Use

Multifamily properties

Suggested Use

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

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

955
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
Rey
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Frequently Asked Questions

What type of property is this?
Multifamily property - Turn-key mixed-use property with apartments, store-front, and cottage.
Where is this multifamily property located?
The property is located at 53 Wilson Street Phillipsburg, NJ.
What is the asking price?
The asking price for this property is $649,900.
What are key features of this property?
This property features: Strong income potential: Features a three‑bedroom Colonial, 1,000 sq. ft. store‑front, two apartments, and a cottage with a two‑car garage.; Turn‑key condition: Well‑maintained with a newer roof and recent updates.; Separate utilities: Simplifies management and tenant billing.
More about this property
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