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!
122 Summit Ave, Phillipsburg Town NJ 08865-2433
Property City
Phillipsburg Town
Property Price
$369,900
Bedrooms
5
Year Built
1920
Tax Annual Amount
$7031
TaxYear (*text)
2025
Roof (*text)
Asphalt Shingle
Lot Size Area
0.06
MLS Status
Active
MLS #
4045620
Yearly Tax Rate
4.675
Year Built (*numeric)
1920
Basement
Yes
Roofing (*text)
Asphalt Shingle
Days On Market
3
Basement (*text)
Yes
Cooling (*text)
None
Heating
1 Unit
Lot Size Dimensions
.063 ACRE
Data import from
GSMLS