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    56 Fox St Phillipsburg, NJ 08865

    Sponsored
    For Sale
    $250,000

    Prime Automotive Shop, 1250 SF

    Property size:
    1,250 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    Own this exceptional 1,250 square foot garage located at 56 Fox St, Phillipsburg, NJ 08865. This fee simple property, built in 1950 and renovated in 2001, sits on a 0.07-acre lot and is zoned B-4. The single-story concrete block building features ten dock-high doors, a 14-foot ceiling height, and one Bend Pak lift, making it ideal for an automotive repair business. Electrical updates were completed around 2001, and the property includes a newer roof and one new overhead door. Additional features include a small office, a power room, and a parking lot with space for 6-8 vehicles. The property is being sold as-is, with the seller providing a clear Certificate of Habitability from the town of Phillipsburg. Square footage is approximate. This is a fantastic opportunity to own a well-equipped automotive shop in a prime location right off Main Street. Don't miss out on this chance to establish or expand your automotive business. The asking price is $250,000, with a price per square foot of $200.

    Property Features for 56 Fox St

    General Information

    Property type
    Automotive properties
    Square Feet
    1,250 SF
    Lot Size
    3,049 SF

    Building Details

    Year Built/Renovated
    1950/2001
    Buildings
    1
    Stories
    1

    HighLights

    • Established auto repair shop with high visibility on Main Street.
    • High‑traffic location on Main Street.
    Property Profile Location Intelligence

    Current Use by Public Records

    Parking lots & garages

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Hair Salon Dental Office Clothing Store Nail Salon Food Market 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
    -75.191734091062
    Latitude
    40.685949459237

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    FAQs

    What type of property is this?
    Automotive property - Prime Automotive Shop, 1250 SF
    Where is this automotive property located?
    The property is located at 56 Fox St Phillipsburg, NJ.
    What is the asking price?
    The asking price for this property is $250,000.
    What are key features of this property?
    This property features: Established auto repair shop with high visibility on Main Street.; High-traffic location on Main Street.;
    Request Owner's contact information
    56 Fox St 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
    56 Fox St Phillipsburg, NJ 08865
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