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    602 Liberty Blvd Phillipsburg, NJ 08865

    Sponsored
    For Sale
    $1,400,000

    50-Acre Hotel/Office Complex, $1.4M

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 50+/- acre commercial redevelopment opportunity is located at 602 Liberty Blvd, Phillipsburg, NJ 08865. Situated on a heavily trafficked corner lot at the intersection of Routes 22 and 78, this property boasts unparalleled visibility and accessibility. The site currently features a seven-unit hotel and a Cape Cod-style building that has been adapted to include office space on the upper level and an apartment on the lower level. This presents a unique chance to capitalize on existing structures while implementing a comprehensive redevelopment plan. The property's prime location near the Pennsylvania border ensures a large potential customer base. The substantial lot size offers significant flexibility for a variety of development projects, catering to diverse commercial or hospitality ventures. With its high traffic count and strategic location, this property represents a compelling investment opportunity with significant upside potential. The asking price for this remarkable redevelopment site is $1,400,000. This is a rare chance to acquire a large, well-positioned property in a thriving area. The existing structures provide immediate income potential while allowing for future expansion and redevelopment. The property is zoned for commercial and hotel use.

    Property Features for 602 Liberty Blvd

    General Information

    Property type
    Hotels
    Lot Size
    2,178,000 SF

    Building Details

    Units
    7

    HighLights

    • 50+ acre commercial redevelopment opportunity in Phillipsburg, NJ.
    • High‑traffic corner lot at Routes 22 & 78 intersection, offering excellent visibility and accessibility.
    • Features a seven‑unit hotel and a mixed‑use building (office/apartment).
    • Prime location near the Pennsylvania border, expanding the potential customer base.
    • $1,400,000 asking price.
    Property Profile Location Intelligence

    Current Use by Public Records

    Hotels

    Suggested Use

    Realty agency Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop 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
    -75.1486779
    Latitude
    40.6819681

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    FAQs

    What type of property is this?
    Hotel - 50-Acre Hotel/Office Complex, $1.4M
    Where is this hotel located?
    The property is located at 602 Liberty Blvd Phillipsburg, NJ.
    What is the asking price?
    The asking price for this property is $1,400,000.
    What are key features of this property?
    This property features: 50+ acre commercial redevelopment opportunity in Phillipsburg, NJ.; High-traffic corner lot at Routes 22 & 78 intersection, offering excellent visibility and accessibility.; Features a seven-unit hotel and a mixed-use building (office/apartment).
    Request Owner's contact information
    602 Liberty Blvd 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
    602 Liberty Blvd Phillipsburg, NJ 08865
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