Date
Details
Price
Change
Source
8/07/2026
Listed
$369,900
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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$369,900 Just Listed
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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!
Full Property Details
Full Property Details for 122 Summit Ave
General
- Price: $369,900
- Taxes: $7,031 (2025)
- Status: Active
- Type: Multi-Family
- Source: Garden_State
- MLS ID: 4045620
- Updated: 8/10/2026
- Added to Site: 4 day(s) ago
Interior
- Number of Rooms: 12
- Interior Features: Carbon Monoxide Detector, Fire Extinguisher, Smoke Detector
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 5
Exterior
- Exterior Features: Curbs, Open Porch(es), Patio, Sidewalk
Location
- County: Warren
- Subdivision: Not in a Development
- Driving Directions: From Rt 78, take exit 3 towards Phillipsburg, L on Morris St ramp, L on Morris, make hard R on Summit. 122 Summit is on the Left
School Information
- High School: PHILIPSBRG
Heating & Cooling
- Cooling Type: No Cooling
- Heating Type: 1 Unit
- Heating Fuel: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public Water
- Utility Description: Electric, Natural Gas
Structural Information
- Architectural Style: Under/Over
- Exterior Const.: Aluminum Siding
- Basement: Yes
- Basement Desc.: Unfinished
- Roof: Asphalt Shingles
- Year Built: 1920
- Remodeled/Updated: 2026
Unit Information
Unit 1
- Unit Description: Bedrooms, Kitchen, Living/Dining Room, Porch
- Levels/Stories: 1
- Total Bathrooms: 1
- Bedrooms: 2
Unit 2
- Unit Description: Bedrooms, Kitchen, Living/Dining Room, Porch
- Levels/Stories: 2
- Total Bathrooms: 1
- Bedrooms: 3
Lot Features
- Lot Size (Acres): 0.06
- Lot Dimensions: .063 ACRE
- Driveway/Sidewalk: Blacktop, Off-Street Parking, On-Street Parking
- Zoning: R-50
- Lot Description: Level Lot
Financial Considerations
- Expenses: Insurance, Taxes
- Operating Expenses: $8,811
- Assessment Amount: $127,100
- Land Assmt: $23,300
- Tax Amount: $7,031
- Tax Year: 2025
Disclosures and Reports
- Exclusions: Tenant personal property
- Disclosures: Yes
- Block: 810
- Lot Number: 18
Listed by Keller Williams Real Estate
We Value Your Privacy
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We Value Your Privacy
Listing agent
— 122 Summit Ave —
Keller Williams Real Estate
610-867-8888
NMLS#: 1598647Get Pre-Approved Today
Schools
Schools serving 122 Summit Ave
School District:Phillipsburg Town School District
| Name | Grades | Distance |
|---|---|---|
Green Street Elementary School 525 Warren Street, Phillipsburg, NJ 08865 | 3-5 | 0.8 mi |
Phillipsburg Early Child 459 Center Street, Phillipsburg, NJ 08865 | PK-K | 1 mi |
Philipsburg Primary School 1000 Green Street, Phillipsburg, NJ 08865 | 1-2 | 1.6 mi |
Phillipsburg Middle School 200 Hillcrest Boulevard, Phillipsburg, NJ 08865 | 6-8 | 0.3 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 122 Summit Ave
Tax History
Tax History for 122 Summit Ave
Year
Property Taxes
Change
Tax Assessment
Change
2025
$7,031
3%
$150,400
—
2024
$6,836
17%
$150,400
—
2022
$5,824
2%
$150,400
7%
2021
$5,718
1%
$140,400
—
2020
$5,675
1%
$140,400
—
2019
$5,637
1%
$140,400
—
2019
$5,589
—
$140,400
—
2018
$5,589
—
$140,400
—
2017
$5,564
2%
$140,400
—
2016
$5,478
1%
$140,400
—
2015
$5,436
13%
$140,400
—
2013
$4,795
—
$140,400
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 122 Summit Ave
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Sold by Exp Realty, Llc
Sold by Exp Realty, Llc
122 Summit Ave, Phillipsburg, NJ 08865 (MLS# 4045620) is a Multi-Family property with 2 units containing 5 bedrooms and 2 full bathrooms. 122 Summit Ave is currently listed for $369,900 and was received on August 07, 2026. Want to learn more about 122 Summit Ave? Do you have questions about finding other Multi-Family real estate for sale in Phillipsburg? You can browse all Phillipsburg real estate or contact a Coldwell Banker agent to request more information.