Phillipsburg Investment: 2 Buildings, 6 Units
Warren - $399,900

  • 2 buildings
  • 6 units, 9 Bedrooms
  • Basement
  • $37,500. income 2004
  • $10,619. expenses 2004
  • HW oil heat
  • Gas hot air heat
  • Separate electric meters
  • ½ acre
  • Possible subdivision
  • Taxes $4509. '04
The first dwelling is 2-story 4 family.

Unit #1: 4 rooms: 2 bedrooms, living room, an eat-in kitchen & bath at $650 per month.
Unit #2: 3 rooms: 1 bedroom, living room, an eat-in kitchen and bath at $500 per month. Unit # 3: 5 rooms: 2 bedrms, living room, sunroom, kitchen & 1.5 baths at $700 per month.
Unit # 4: 3 rooms: 1 bedroom, living room, a kitchen & bath at $525 per month.

The second dwelling is 2 family ranch.
Unit # 5: 4 rooms: 2 bedrooms, a living room, kitchen & bath at $700 per month.
Unit # 6: 3 rooms: 1 bedroom, a living room & bath at $650 per month.

The owner pays oil heat & gas hot water totaling approximately $4700. per year. All tenants pay electric with separate meters. Public water & sewer. Oil hot water heat in 4 family, Oil hot air heat in 2 family. Gas hot water heaters in both buildings. The property is one half acre and in 2004 the property taxes were $5469. and sewer charges were $450. The tenant leases are month to month. All financial information provided is subject to change and should not be considered reliable nor used as a basis to purchase property.

Directions: Route 22 in Phillipsburg to Roseberry Street traffic light. Go south on Roseberry to end. Go right on Center Street to #499A on right, just past Walnut St.


Contact: Tom Fischer
Fischer Brokers
789 Rt. 202
Bridgewater, NJ 08807
(908) 685-9444
When you call, please mention house #FTF282

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