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$450,000 Just Listed
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Property Description
Turnkey two-unit mixed-use investment property located in the heart of Phillipsburg, New Jersey one of the state's growing and up-and-coming communities.The first floor features approximately 2,000 square feet of fully finished commercial space, a private bathroom, and basement storage. The space is currently occupied by an established Caribbean grocery store, with the tenant paying $2,200 per month under a lease through June 2027, providing immediate rental income for the new owner.The residential unit above offers two spacious levels of living space and features two bedrooms, a den, a large living room, a separate dining room, and recently updated interiors.This is an excellent opportunity for an investor seeking an income-producing mixed-use property or a future owner-occupant looking to live and operate a business in the same building. Conveniently located near downtown Phillipsburg's shops, restaurants, major roadways, and the Pennsylvania border. Don't miss this unique commercial and residential investment opportunity!
Full Property Details
Full Property Details for 405 S Main St
General
- Price: $450,000
- Taxes: $8,990 (2025)
- Status: Active
- Type: Commercial
- Source: Garden_State
- MLS ID: 4051300
- Updated: 9/9/2026
- Added to Site: 1 day(s) ago
Business
- Includes: Building & Land
Rental Information
- Lease Terms: 1 Year Minimum
Additional Information
- Equipment: Appliances, Fire Alarm, Kitchen Area, Refrigeration Unit, Restrooms - Private
Parking
- Parking: None
Location
- County: Warren
- Driving Directions: Goole
- Location Details: Business District, See Remarks, Shopping Mall
Heating & Cooling
- Cooling Type: Wall A/C Unit(s), Window A/C(s)
- Heating Type: 2 Units
- Heating Fuel: Electric, Natural Gas
Utilities
- Sewer: Public Available
- Water: Public Water
- Utility Description: Electric, Natural Gas
Structural Information
- Construction: Brick/Block
- Exterior Const.: Brick/Block, Composition Shingle
- Basement: Yes
- Basement Desc.: French Drain, Unfinished
- Roof: Flat
- Stories in Building: 2
- Square Feet: 2,900
- Aprox. Leasable: 2,900 Sq. Ft.
- Office: 2,000 Sq. Ft.
- Year Built: 1929
Lot Features
- Lot Size (Acres): 0.06
- Lot Size: .057 ACRE
- Permitted Use: Commercial General
- Zoning: Commercial
Financial Considerations
- Assessment Amount: $192,300
- Land Assmt: $53,200
- Tax Amount: $8,990
- Tax Year: 2025
- Pays Utilities: Other
Disclosures and Reports
- Ownership: Fee Simple
- Documents Avail.: Financial Statement, Income & Expenses, Leases
- APN: 3019-01422-0000-00013-0000-
- Block: 1422
- Lot Number: 13
Listed by Real
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Schools
Schools serving 405 S Main St
School District:Phillipsburg Town School District
| Name | Grades | Distance |
|---|---|---|
Green Street Elementary School 525 Warren Street, Phillipsburg, NJ 08865 | 3-5 | 1.1 mi |
Phillipsburg Early Child 459 Center Street, Phillipsburg, NJ 08865 | PK-K | 1.3 mi |
Philipsburg Primary School 1000 Green Street, Phillipsburg, NJ 08865 | 1-2 | 1.9 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 405 S Main St
Date
Details
Price
Change
Source
9/08/2026
Listed
$450,000
26.76%
MLS
11/17/2025
Sold
$355,000
—
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 405 S Main St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$8,990
3%
$192,300
—
2024
$8,740
8%
$192,300
—
2023
$8,069
1%
$192,300
—
2022
$7,977
2%
$192,300
—
2021
$7,832
1%
$192,300
—
2020
$7,773
1%
$192,300
—
2019
$7,721
1%
$192,300
—
2019
$7,655
—
$192,300
—
2018
$7,655
—
$192,300
—
2017
$7,621
2%
$192,300
—
2016
$7,504
1%
$192,300
—
2015
$7,446
7%
$192,300
—
2013
$6,930
—
$192,300
—
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 405 S Main St
405 S Main St, Phillipsburg, NJ 08865 (MLS# 4051300) is a Commercial property. 405 S Main St is currently listed for $450,000 and was received on September 08, 2026. Want to learn more about 405 S Main St? Do you have questions about finding other Commercial real estate for sale in Phillipsburg? You can browse all Phillipsburg real estate or contact a Coldwell Banker agent to request more information.

