32
See all 32 photos
$369,900
Est. payment /mo
5 Beds
2 Baths
2,613 Sqft Lot
New
122 Summit Ave Phillipsburg Town, NJ 08865
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Key Details
Property Type Multi-Family, Commercial
Listing Status Active
Purchase Type For Sale
Subdivision Not In A Development
MLS Listing ID 4045620
Style Under/Over
Bedrooms 5
Full Baths 2
Year Built 1920
Annual Tax Amount $7,031
Tax Year 2025
Lot Size 2,613 Sqft
Property Description
Excellent opportunity to own a fully occupied two-family property in Phillipsburg! This updated property features a spacious 2-bedroom, 1-bath first-floor apartment and a very large 3-bedroom and 1 bath second-floor apartment. Both spaces offering layouts with lasting tenant appeal. Both units feature luxury vinyl plank flooring, providing a modern, durable finish. The first-floor apartment includes basement laundry, a covered rear patio, shared backyard, and off-street parking. The second-floor apartment offers a bright living and dining room combination, a functional galley-style kitchen with access to a covered second-floor deck, an updated bathroom with modern finishes, and an off-street parking space. Both tenants pay their own utilities, helping to minimize owner expenses. Conveniently located near shopping, dining, schools, and major commuting routes, this income-producing property presents an outstanding opportunity to generate immediate rental income. Schedule your appointment today!
Location
State NJ
County Warren
Zoning R-50
Rooms
Basement Unfinished
Interior
Interior Features Carbon Monoxide Detector, Fire Extinguisher, Smoke Detector
Heating Gas-Natural
Cooling None
Heat Source Gas-Natural
Exterior
Exterior Feature Aluminum Siding
Utilities Available Electric, Gas-Natural
Roof Type Asphalt Shingle
Building
Lot Description Level Lot
Sewer Public Sewer
Water Public Water
Architectural Style Under/Over
Schools
High Schools Philipsbrg
Others
Senior Community No
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Listed by KELLER WILLIAMS REAL ESTATE