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Renovated Two-Unit Duplex

55 Filmore, Phillipsburg, NJ 08865

For Sale
$349,900

The two apartments are currently occupied and provide a one-bedroom and a two-bedroom layout.

Property SizeContact for details
Days on Market59

Property Features for 55 Filmore

General Information

Standard status Active
Property subtype Multi Family Home
Occupancy 100%
Net Operating Income $999

Units

Unit Mix 1 x 1BR/1BA, 1 x 2BR/1BA
Multifamily Units 2

Additional Details

Highway Access Yes
Tenant in Place Yes

Building Details

Year Built 1900
Units 2
Listing Agency: Weichert Realtors
Listed By: Amber Harris
Source: Culturaunitedrealty
Added: Sep 11 Changed: Nov 8 Last Checked: Nov 7 at 8:33PM

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 Weichert Realtors

Rey
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Investment Insights

Based on property information with market context.

Built in 1900, this attached duplex has two separate apartments and has undergone recent renovation. One unit contains a bedroom, a full bathroom, and a combined living and dining area; the other has two bedrooms, one bathroom, and a combined living and dining space. Both apartments include an eat-in kitchen, and the property is fully occupied.

The property is in Phillipsburg, New Jersey, with access to Routes 22 and 78. Schools, recreation, transportation, dining, and shopping centers are noted nearby.

Key Highlights

  • Two‑unit attached duplex, built in 1900
  • Unit mix includes one 1‑bedroom apartment and one 2‑bedroom apartment
  • Both apartments have an eat‑in kitchen and combined living/dining area

Property Analytics

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Lease Details

2
Residential units
100%
Occupancy
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

964
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 - The two apartments are currently occupied and provide a one-bedroom and a two-bedroom layout.
Where is this duplex located?
The property is located at 55 Filmore Phillipsburg, NJ.
What is the asking price?
The asking price for this property is $349,900.
What are key features of this property?
This property features: Two‑unit attached duplex, built in 1900; Unit mix includes one 1‑bedroom apartment and one 2‑bedroom apartment; Both apartments have an eat‑in kitchen and combined living/dining area
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