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    Property profile & analytics

    Pursel St Phillipsburg, NJ 08865

    • Residential income homes
    • 1,568 SF
    • 9.26 lot acres
    OFF-MARKET
    Value Estimation
    $16,635,000
    Last Sale
    Oct 04, 2021
    $14,702,000
    Location Intelligence
    Property ID
    US59-2386893
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Residential income homes

    Property Details for Pursel St

    Construction
    FRAME
    Lot size
    9.26 lot acres
    Property size
    1,568 SF
    Zone code
    MFR5
    Property type
    Residential income homes
    Property subtype
    Small apartment buildings
    APN
    02 00022-0000-00001
    APU
    200022000000001

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $16,760,000

    • CAP approach

      CAP return
      Estimation
      6%
      $14,965,000
      6.5%
      $14,215,000
      7%
      $14,035,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $15,075,000
      Geo Method
      $14,975,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $17,475,000
      Retail
      $16,115,000
      Mixed-Use
      $17,395,000
      Hospitality
      $16,320,000
      Educational
      $14,415,000
      Residential Income
      $13,400,000
      Energy
      $15,770,000
      Income-Based Land
      $18,085,000
      Food Service
      $18,005,000

    Location Insight

    • Map
    • Local Demand
    City
    Phillipsburg
    County
    Warren
    State
    New Jersey
    Longitude
    -75.1679
    Latitude
    40.6647
    CBSA code
    10900
    CBSA name
    ALLENTOWN-BETHLEHEM-EASTON, PA-NJ METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2022
    $119,121
    $625,600
    $2,896,600
    $3,522,200
    -
    $625,600
    $2,896,600
    $3,522,200

    Comparable in this City

    • Value Estimation
      $1,110,000
      0.08 Acres

      212 Main St

      APARTMENT HOUSE (UNDER 5 UNITS) • 0.08 Acres
      212 Main St, Phillipsburg, NJ 08865
      View Details
    • Value Estimation
      $300,000
      0.14 Acres

      17 Memorial Pkwy

      APARTMENT HOUSE (UNDER 5 UNITS) • 0.14 Acres
      17 Memorial Pkwy, Phillipsburg, NJ 08865
      View Details
    • Value Estimation
      $310,000
      3,608 SF

      201 Chambers St, Unit 207

      APARTMENT HOUSE (UNDER 5 UNITS) • 3,608 SF
      201 Chambers St, Phillipsburg, NJ 08865-2912
      View Details
    • Value Estimation
      $585,000
      3,632 SF

      79-81 Lewis St, Unit 81

      APARTMENT HOUSE (UNDER 5 UNITS) • 3,632 SF
      79-81 Lewis St, Phillipsburg, NJ 08865-2907
      View Details
    • Value Estimation
      $315,000
      0.08 Acres

      320 Lincoln St, Unit A

      APARTMENT HOUSE (UNDER 5 UNITS) • 0.08 Acres
      320 Lincoln St, Phillipsburg, NJ 08865-2794
      View Details
    • Value Estimation
      $240,000
      0.04 Acres

      85 Main St

      APARTMENT HOUSE (UNDER 5 UNITS) • 0.04 Acres
      85 Main St, Phillipsburg, NJ 08865-2383
      View Details

    Similar Nearby for Sale

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    Similar Nearby for Lease

    • $2,200 /Mo

      Spacious Apartment with Finished Attic

      Large 3-bedroom apartment with finished attic, parking, and in-unit laundry.
      597 Belvidere Rd, Delaware Park, NJ 08865
      View Details
    • $1,600 /Mo

      Two Bedroom Apartment For Rent

      First floor, two-bedroom apartment with new appliances and included utilities.
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      View Details
    • $1,400 /Mo

      Charming One-Bedroom Apartment For Rent

      First-floor apartment with shared backyard, parking, and pet-friendly policy.
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    • $1,800 /Mo

      Renovated Three-Bedroom Apartment Available Now

      Completely renovated 3-bedroom apartment with modern kitchen and in-unit laundry.
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      View Details
    • $1,500 /Mo

      Three Bedroom Apartment For Rent

      Well-maintained three-bedroom apartment with large kitchen and rear deck.
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      View Details
    • $1,300 /Mo

      Modern Apartment with Exposed Brick

      Renovated one-bedroom apartment with modern amenities and convenient location.
      518 S Main St, Phillipsburg, NJ 08865
      View Details
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    Pursel St
    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
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