Two-Story Retail
New
For Sale
Contact for pricing
965 US Highway 22, Phillipsburg, NJ 08865
The property has a commercial address along US Highway 22 in Phillipsburg.
Property Size3,600 SF
Price / SF$208.33
Days on Market7
Property Features for 965 US Highway 22
General Information
Standard status
Active
Size
3,600 SF
Property subtype
RETAIL
Building Details
Buildings
1
Stories
2
Listing Agency:
RIPCO Real Estate - Corporate
(212) 750-6565
Listed By:
Seth Pollack
(201) 636-7507
Source:
Moodyscre
Added: Oct 8
Changed: Oct 11
Last Checked: Oct 12 at 10:32PM
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 RIPCO Real Estate - Corporate
Investment Insights
Based on property information with market context.
This 3,600-square-foot retail property is arranged across two stories. It is located at 965 US Highway 22 in Phillipsburg, New Jersey.
Key Highlights
- 3,600‑square‑foot retail property
- Two‑story building configuration
- 965 US Highway 22, Phillipsburg, NJ 08865
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$41,368
Cap Rate
5.52%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$827,360
$827.4K
Cap Rate 7%
$590,971
$591.0K
Cap Rate 9%
$459,644
$459.6K
Market Conditions
NOI Build-Up for 3,600 SF
Gross rent
$64.8K $18.00/SF
− Vacancy
−$5.7K −$1.58/SF
EGI
$59.1K $16.42/SF
− OpEx
−$17.7K −$4.92/SF
NOI
$41.4K $11.49/SF
Area
Warren County, NJ
Vacancy
8.80%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$827,360
Cap Rate 7%
$590,971
Cap Rate 9%
$459,644
Alternative Uses
Best Use
Retail
$591.0K
$517.1K – $689.5K
NOI $41,368 @ 7.0% cap · market cap 5.52%
Second Best
—
—
no second resolved use
Theoretical Best
Warehouse
$1.36M
$1.19M – $1.58M
NOI $95,072 @ 7.0% cap · market cap 12.68%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
859
Businesses Nearby
131k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 61%
Dining 33%
Apparel 5%
Home Improvements & Furnishings 1%
Wawa
Shops & Services
34,537 visits/mo
0.3 miles
Dunkin' Donuts
Dining
13,826 visits/mo
0.2 miles
Speedway
Shops & Services
13,707 visits/mo
0.1 miles
Dunkin' Donuts
Dining
13,410 visits/mo
0.5 miles
Lukoil
Shops & Services
9,809 visits/mo
0.4 miles
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
View Realmo Analytics
Market
Vacancy Rate% for Retail in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - The property has a commercial address along US Highway 22 in Phillipsburg.
Where is this retail space located?
The property is located at 965 US Highway 22 Phillipsburg, NJ.
What is the asking price?
The asking price for this property is $750,000.
What are key features of this property?
This property features: 3,600‑square‑foot retail property; Two‑story building configuration; 965 US Highway 22, Phillipsburg, NJ 08865
