Financial
Distress signals
Property profile

396 Main St Phillipsburg, NJ 08865

OFF-MARKET
Commercial real estate
Property ID
US59-2494407
0.06 ac lot
Last sale Apr 2026 · $400,000
Entity Owned Owner of record is a legal entity (LLC / corporation). Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This meticulously maintained 3,600 square foot commercial space at 396 S MAIN ST, Phillipsburg, NJ, presents a fantastic opportunity for a discerning business owner. Previously a restaurant, this property is ideally suited for a variety of uses, including a restaurant or retail store. The building boasts numerous attractive features, including ornate details, hardwood floors in the main dining area, and an updated kitchen complete with modern cabinets, countertops, a triple basin sink,

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included in the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2022

What does the county charge?
$8k
Tax billed · 2022
Assessed value · 2023$193k
Assessed land$53k
Assessed improvement$140k
Effective rate4.15%

Value estimate

· Sep 2026
$305k
$275k – $336k
AI approach$295k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$132/SF
ZIP average, outlier-cleaned · 42 recorded sales of this use type
Observed band · Q1–Q3$83 – $234

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
B-4
The purpose of this district is to promote central business uses.
General categoryCOMMERCIAL
JurisdictionWARREN

Location intelligence

Which uses thrive at this corner?
Best fit: Skin Care Clinic
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Skin Care Clinic10.3
Pharmacy9.9
Locksmith9.4

Location

396 Main St Phillipsburg, NJ 08865-3387
County assessor Recorded deeds · 8 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
12 Fox Farm, Phillipsburg, NJ 08865-9415 $470,000 Dec 2025 7,688 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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