Date
Details
Price
Change
Source
2/11/2026
Listed
$435,000
—
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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Property Description
At the edge of NJ and gateway to the Lehigh Valley, here's a gem on the Main street of this charming river town. Situated in the heart of historic downtown Phillipsburg, near popular themed train rides with city parking out back. Classic fully-equipped restaurant, with 2 income-producing apartments above. Great location, location, location for eatery. This mixed-use property offers excellent potential; two nicely renovated 2 BR apartments above. Restaurant kitchen boasts a 15' hood with Ansul wet-system for fire suppression. 6-burner gas stove, walk-in freezer. Near many more cute shops, Art center, and eateries. Restaurant could rent for $2500/month (now vacant). At this price, buyer is in charge of finishing c/o work (approx $8,k code work). Property has an Interconnected fire alarm - needs a house panel to fully comply to code. Two apartments above should command at least $1600 each. With $2200 lease on first that's over $60,k gross annual rent potential. Nice property with an upside and excellent spot to invest, in historic downtown PBurg! Scenic riverside spot with popular consigner and art center on the block. Walkable to downtown historic Easton PA - a quick stroll across the free bridge lands you in this fabulous LOCATION, brimming with opportunity.
Full Property Details
Full Property Details for 150 S Main St
General
- Price: $435,000
- Taxes: $10,958 (2024)
- Status: Active
- Type: Business
- Source: Garden_State
- MLS ID: 4009301
- Updated: 2/11/2026
- Added to Site: 4 day(s) ago
Business
- Includes: Building Only, Equipment, Operating Licenses
Rental Information
- Lease/Rent Term: Net
- Lease Includes: See Remarks, Taxes
- Lease Terms: 1 Year Minimum, Security Deposit Required
Interior
- Flooring: Vinyl-Linoleum
Rooms
Bathrooms
- Total Bathrooms: 2
- Restrooms: 4
Additional Information
- Equipment: Appliances, Exhaust System, Fire Alarm, Fixtures, Furniture, Kitchen Area, Smoke Detector, Storage Area(s)
Exterior
- Color: stucco
Parking
- Parking: Additional Parking, Blacktop, On-Street Parking, Parking Lot-Shared
Location
- County: Warren
- Driving Directions: From Union Square/ Free Bridge - head SE on s. Main St. Property is on right.
- Location Details: Business District, Freestanding
Heating & Cooling
- Cooling Type: Wall A/C Unit(s), Window A/C(s)
- Heating Type: Electric Baseboard, Multi-Zone
- Heating Fuel: Electric, Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public Water
- Utility Description: Electric, Natural Gas
Structural Information
- Construction: Brick/Block
- Exterior Const.: Composition Siding
- Basement: Yes
- Basement Desc.: Full
- Roof: Flat
- Amps: 200
- Stories in Building: 3
- Previous Bldg. Use: Teddy's Diner / restauran
- Year Built: 1939
- Remodeled/Updated: 1990
Unit Information
- 2 Bedroom Units: 2
- Units w/Full Bath: 2
Lot Features
- Lot Size (Acres): 0.05
- Lot Size: .051 ACRE
- Permitted Use: mixed
- Zoning: commercial
- Lot Description: Level Lot
Financial Considerations
- Expenses: Insurance, See Remarks, Trash, Water/Sewer
- Operating Expenses: $18,000
- Assessment Amount: $241,100
- Land Assmt: $42,000
- Tax Amount: $10,958
- Tax Year: 2024
- Owner Pays: See Remarks, Sewer, Trash Removal, Water
- Tenant Pays: Electric, Gas, Heat, Hot Water, See Remarks, Snow Removal
- Pays Utilities: Tenant
Disclosures and Reports
- Ownership: Fee Simple
- Documents Avail.: Income & Expenses, See Remarks
- APN: 3019-00919-0000-00003-0000-
- Block: 919
- Lot Number: 3
Listed by Free Bridge Realty, Llc
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Listing agent
— 150 S Main St —
Free Bridge Realty, Llc
610-252-2552
NMLS#: 1598647Get Pre-Approved Today
Schools
Schools serving 150 S Main St
School District:Phillipsburg Town School District
| Name | Grades | Distance |
|---|---|---|
Green Street Elementary School 525 Warren Street, Phillipsburg, NJ 08865 | 3-5 | 1 mi |
Phillipsburg Early Child 459 Center Street, Phillipsburg, NJ 08865 | PK-K | 1.2 mi |
Philipsburg Primary School 1000 Green Street, Phillipsburg, NJ 08865 | 1-2 | 1.7 mi |
Phillipsburg Middle School 200 Hillcrest Boulevard, Phillipsburg, NJ 08865 | 6-8 | 0.8 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 150 S Main St
Tax History
Tax History for 150 S Main St
Year
Property Taxes
Change
Tax Assessment
Change
2024
$10,958
10%
$241,100
—
2022
$10,001
2%
$241,100
—
2021
$9,820
1%
$241,100
—
2020
$9,745
1%
$241,100
—
2019
$9,680
1%
$241,100
—
2019
$9,598
—
$241,100
—
2018
$9,598
—
$241,100
—
2017
$9,555
2%
$241,100
—
2016
$9,408
1%
$241,100
—
2015
$9,335
7%
$241,100
—
2013
$8,686
—
$241,100
—
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 150 S Main St
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Listed by Elite Realtors Of New Jersey
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Listed by Coldwell Banker Hearthside
Sold by A.J.C Realty Exchange, Llc
Sold by A.J.C Realty Exchange, Llc
150 S Main St, Phillipsburg, NJ 08865 (MLS# 4009301) is a Business property. 150 S Main St is currently listed for $435,000 and was received on February 11, 2026. Want to learn more about 150 S Main St? Do you have questions about finding other Business real estate for sale in Phillipsburg? You can browse all Phillipsburg real estate or contact a Coldwell Banker agent to request more information.