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    309 Main St Phillipsburg, NJ 08865

    Sponsored
    For Sale
    $795,000

    .63-Acre Site, 7,000 SF, 3 Buildings

    Property size:
    7,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional .63-acre commercial property in Phillipsburg, New Jersey, presents a unique investment opportunity. Located at 309 S Main St, 08865, this site boasts approximately 7,000 square feet of existing building space distributed across three separate structures. The property includes a mix of office, storage, and garage space, ideal for a contractor or similar business. Features include a Quonset hut and sheds offering additional storage capacity, an outside racking system, and a loading dock servicing the warehouse. One building (309A) is currently leased, generating immediate income. The property's versatility is further enhanced by the potential for rail access and its convenient proximity to major roadways like Routes 78 and 22. This redevelopment site offers significant potential for future expansion and increased profitability. The property's current configuration and location make it an attractive option for a variety of commercial uses. The asking price is $795,000. This is a rare opportunity to acquire a well-situated commercial property in a growing area. The property is zoned for commercial use within Warren County.

    Property Features for 309 Main St

    General Information

    Property type
    Land
    Square Feet
    7,000 SF
    Lot Size
    27,443 SF

    Building Details

    Buildings
    3

    HighLights

    • $795,000 asking price.
    • .63‑acre commercial parcel in Phillipsburg, NJ.
    • 7,000+ square feet of office, storage, and garage space in three buildings.
    • Currently income‑producing with a leased office space.
    • Potential rail access and convenient location near Routes 78 and 22.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Phillipsburg
    County
    Warren
    State
    New Jersey
    Longitude
    -75.1948691
    Latitude
    40.6873539

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    FAQs

    What type of property is this?
    Land - .63-Acre Site, 7,000 SF, 3 Buildings
    Where is this land located?
    The property is located at 309 Main St Phillipsburg, NJ.
    What is the asking price?
    The asking price for this property is $795,000.
    What are key features of this property?
    This property features: $795,000 asking price.; .63-acre commercial parcel in Phillipsburg, NJ.; 7,000+ square feet of office, storage, and garage space in three buildings.
    Request Owner's contact information
    309 Main St 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
    309 Main St Phillipsburg, NJ 08865
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