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$330,000

  • Sold
  • Closed
  • Triplex
  • 1,960 Sq. Ft.
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A rare triplex investment opportunity in the heart of Alpha Borough, offering both small-town charm and strong income potential. This well-configured multi-family provides flexibility for investors or owner-occupants alike. The first unit is a studio-style one-bedroom with a recently updated full bathroom, offering a solid foundation for future rental appeal. The second unit features a welcoming living space, a comfortable bedroom, and a full bath. The third and largest unit offers three bedrooms and a full bathroom, creating excellent potential for higher rental income. Additional storage is conveniently accessible through an exterior basement entrance, adding functionality for tenants. While some cosmetic TLC remains, the property presents a promising value-add opportunity for buyers looking to enhance rents and maximize returns. Ideally located in Alpha Borough with quick access to Routes 78 and 22, this property combines ease of commuting with the appeal of a close-knit community, making it a smart addition to any investment portfolio.

Full Property Details for 941 Lee Ave

General

  • Sold For: $330,000
  • Taxes: $7,557 (2025)
  • Status: Closed
  • Type: Triplex
  • Source: BrightMLSTriStates
  • MLS ID: NJWR2000504
  • Added to Site: 61 day(s) ago

Interior

  • Appliances: Oven/Range - Gas

Parking

  • Parking Type: On Street

Location

  • Area: Alpha Boro (22102)
  • Municipality: ALPHA BORO
  • County: WARREN
  • Driving Directions: Route 22 to New Brunswick Ave. Left on Hawk Ave, continue onto 3rd Ave, Right on High St., Left onto Lee Avenue.

School Information

  • School District: Alpha Public Schools

Heating & Cooling

  • Cooling Type: None
  • Heating Type: Forced Air, Zoned
  • Heating Fuel: Natural Gas
  • Water Heater: Natural Gas

Utilities

  • Sewer: Public Sewer
  • Water: Public

Structural Information

  • Architectural Style: Colonial, Other
  • Structure Type: Other
  • Construction: Aluminum Siding, Brick
  • Basement: Yes
  • Basement Entrance: Yes
  • Basement Desc.: Outside Entrance, Unfinished
  • Square Feet: 1,960
  • Sq. Ft. Source: Estimated
  • Living Area: 1,960 Sq. Ft.
  • Finished Above Grnd: 1,960 Sq. Ft.
  • Year Built: 1900
  • Year Built Source: Estimated

Unit Information

  • 1 Bedroom Units: 1
  • 3 Bedroom Units: 1

Lot Features

  • Lot Size (Acres): 0.1
  • Lot Size (Sq. Ft.): 4,356
  • Lot Size Source: Estimated
  • Lot Features: Corner
  • Zoning: B-4
  • Lot Description: Corner

Financial Considerations

  • Price Per Sq. Ft.: $152.55
  • Tax w/Assessment: $207,400
  • Tax Amount: $7,557
  • Tax Year: 2025

Disclosures and Reports

  • Ownership: Fee Simple
  • Exclusions: Window A/C Units, Washer/Dryers, Refrigerator
  • Inclusions: Oven/Range

Listed by River Valley Realty, LLC, Lindsey Tilton
Sold by Non Subscribing Office, NON MEMBER

Listing agent

— 941 Lee Ave —

  • Lindsey Tilton

    River Valley Realty, LLC

Listing Office Email: kim@rivervalleyrealtynj.com

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 941 Lee Ave

School District:Alpha Borough School District
NameGradesDistance
Alpha School
817 North Boulevard, Alpha, NJ 08865
PK-80.3 mi
Phillipsburg High School
1 Stateliner Boulevard, Phillipsburg, NJ 08865
9-123.7 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 941 Lee Ave

Date
Details
Price
Change
Source
3/12/2026
Sold
$330,000
10.37%
MLS
1/30/2026
Listed
$299,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Listed by River Valley Realty, LLC, Lindsey Tilton
Sold by Non Subscribing Office, NON MEMBER

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Recent Sales near 941 Lee Ave

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941 Lee Avenue, Phillipsburg, NJ 08865 (MLS# NJWR2000504) is a Triplex property that was sold at $330,000 on March 12, 2026. Want to learn more about 941 Lee Avenue? Do you have questions about finding other Triplex real estate for sale in Phillipsburg? You can browse all Phillipsburg real estate or contact a Coldwell Banker agent to request more information.