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$264,900 Just Listed
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Property Description
Excellent Investment Opportunity! This Well Maintained Two Family Corner Property Features Two Tenant Occupied One Bedroom Units, Providing Immediate Rental Income! The Recently Renovated Second Floor Apartment Offers a Larger Layout With a Spacious Walk-Up Attic, Creating The Potential for Additional Living Space! A Great Opportunity for Investors or Owner-Occupants Looking to Offset Expenses with Rental Income! Located Minutes From Route 22 and Route 78! *Some Pictures Show Second Floor Unit Vacant. It is Currently Occupied.
Full Property Details
Full Property Details for 394 Lincoln St
General
- Price: $264,900
- Taxes: $5,558 (2025)
- Status: Active
- Type: Multi-Family
- Source: Garden_State
- MLS ID: 4045556
- Updated: 8/7/2026
- Added to Site: 4 day(s) ago
Interior
- Number of Rooms: 7
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 2
Location
- County: Warren
- Driving Directions: Route 22 to Lincoln Street.
Heating & Cooling
- Cooling Type: No Cooling
- Heating Type: 1 Unit, Radiators - Hot Water
- Heating Fuel: Electric, Natural Gas
- Water Heater: Electric
Utilities
- Sewer: Public Sewer
- Water: Public Water
- Utility Description: Electric, Natural Gas
Structural Information
- Architectural Style: 2-Two Story
- Exterior Const.: Vinyl Siding
- Basement: Yes
- Basement Desc.: Unfinished
- Roof: Asphalt Shingles, Flat
- Year Built: 1920
Unit Information
Unit 1
- Unit Description: Eat-In Kitchen, Living Room, Master Bedroom
- Levels/Stories: 1
- Total Bathrooms: 1
- Bedrooms: 1
Unit 2
- Unit Description: Attic, Eat-In Kitchen, Living Room, Master Bedroom
- Levels/Stories: 2
- Total Bathrooms: 1
- Bedrooms: 1
Lot Features
- Lot Size (Acres): 0.07
- Lot Dimensions: .068 ACRE
- Driveway/Sidewalk: On-Street Parking
- Lot Description: Corner
Financial Considerations
- Expenses: Cold Water, Gas, Taxes
- Assessment Amount: $92,800
- Land Assmt: $26,100
- Tax Amount: $5,558
- Tax Year: 2025
Disclosures and Reports
- Block: 1203
- Lot Number: 16
Listed by Exp Realty, Llc
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Price & Sales History for 394 Lincoln St
Date
Details
Price
Change
Source
8/07/2026
Listed
$264,900
120.75%
MLS
12/18/2019
Sold
$120,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 394 Lincoln St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$5,559
3%
$118,900
—
2024
$5,404
10%
$118,900
—
2022
$4,932
2%
$118,900
—
2021
$4,843
1%
$118,900
—
2020
$4,806
1%
$118,900
—
2019
$4,774
1%
$118,900
—
2019
$4,733
—
$118,900
—
2018
$4,733
—
$118,900
—
2017
$4,712
2%
$118,900
—
2016
$4,639
1%
$118,900
—
2015
$4,604
10%
$118,900
—
2013
$4,187
—
$118,900
—
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 394 Lincoln St
394 Lincoln St, Phillipsburg, NJ 08865 (MLS# 4045556) is a Multi-Family property with 2 units containing 2 bedrooms and 2 full bathrooms. 394 Lincoln St is currently listed for $264,900 and was received on August 07, 2026. Want to learn more about 394 Lincoln St? 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.

