About this home

Income opportunity in the heart of Phillipsburg! This over/under two-family offers two 2-bedroom, 1-bath units, each with an eat-in kitchen and a comfortable living room. The upstairs unit includes access to a finished third floor, and the downstairs unit enjoys access to the rear yard. Tenants pay their own gas, electric and heat, with separate heating systems for each unit, keeping owner expenses low. Downstairs unit is currently tenant occupied, providing income from day one and the upstairs has just been renovated and is ready to rent. Additional features include a full basement and public water and sewer. Convenient to Route 22, shopping and downtown. A great addition for the seasoned investor, or a smart first step for a first-time buyer: live in one unit and rent out the other to offset your costs!

Facts and features

Schools

• Phillipsburg High School

  high · 9-12 · 0.7 mi

  5

• Phillipsburg Middle School

  middle · 6-8 · 0.9 mi

  4

• Green Street Elementary School

  elementary · 3-5 · 1.6 mi

  5

• Rock Christian Academy

  elementary · 0.9 mi

• Easton Arts Academy Elementary CS

  elementary · K-5 · 0.8 mi

  3

• Philipsburg Primary School

  elementary · K-2 · 1.0 mi

Price history

• Oct 13, 2026 · Listed$299,900
• Feb 10, 2023 · Listing Removed—
• Nov 2, 2022 · Listed For Rent$1,550
• May 5, 2021 · Listing Removed—
• Apr 22, 2021 · Listed For Rent$1,050
• Aug 2, 2019 · Listing Removed—
• Feb 1, 2019 · Listed$134,500
• Jan 8, 2019 · Listing Removed—

Tax history

• 2025$5,918 tax · $126,600 assessed
• 2024$5,753 tax · $126,600 assessed
• 2023$5,312 tax · $126,600 assessed
• 2022$5,251 tax · $126,600 assessed
• 2021$5,156 tax · $126,600 assessed
• 2020$5,117 tax · $126,600 assessed
• 2019$5,039 tax · $126,600 assessed
• 2018$5,039 tax · $126,600 assessed

Home value

$277,200

• Cotality$277,200
• Collateral Analytics$236,000
• Quantarium$295,436

Where it is