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81 Broad St Phillipsburg, NJ 08865-1206

OFF-MARKET Industrial properties Google Maps
0.48 ac lot
Entity Owned 1-yr Hold Absentee Owner ~ Est. High Equity
Estimated value (blended)
$405k
Range $365k – $446k (±10%)
Property ID US59-2113939

Property summary

AI-generated overview

This exceptional 11,500 square foot commercial property, situated on a 0.48-acre lot in Phillipsburg, NJ, presents a unique investment opportunity. Ideally located on the Delaware River, this building offers convenient access to major roadways including Routes 22, 78, 57, and 33, ensuring seamless transportation and logistics. Zoned for light industrial use, the property boasts approximately 4,700 square feet of warehouse space, complete with a loading dock and drive-in bay, and 6,500 square feet of office space. The warehouse includes a spacious 1,500 square foot open area, while the office space comprises 13 private offices, a kitchen, and a dining room. Restrooms are ADA compliant, and the building features three-phase power. Its flexible layout allows for single-tenant occupancy or division into multiple units. The property benefits from its location within the Phillipsburg Urban Enterprise Zone (UEZ), offering significant business incentives such as reduced sales tax rates, tax exemptions, and access to various financial assistance programs including free rent and low-interest loans. Permitted uses within the UEZ include scientific or research laboratories, warehouses, wholesale operations, flea markets/antique malls, manufacturing, fabrication, packaging, and product conversion. This versatile property is well-suited for a variety of businesses seeking a strategic location and substantial financial advantages. The asking price is $995,000.

Property profile

Verified
Property type Industrial properties
Use group INDUSTRIAL (GENERAL)
Construction BRICK
Lot 0.48 ac (21,083 SF)
Zoning code I-1
APN 19 00201-0000-00009
UPID US59-2113939

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$405k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$405k

Owner & transaction history

since 2025
7 recorded transactions
2025
$925,000
2022
Price N/A
1995
$155,000
1988
$200,000
1969
Price N/A
1969
Price N/A
1969
Price N/A

Zoning & alternative use

I-1 · Phillipsburg, NJ
Zoning description

Chapter 625 ENTITLED Zoning, Article XV:, entitled I-1 Industrial - Light Zone, is hereby amended by adding a new Section 625-72.1 entitled Conditional Uses, as follows §625.72.1. Conditional Uses. A. Townhouses and acce…

General category INDUSTRIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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