Listing Details

150 S MAIN ST,Phillipsburg Town, NJ 08865-2827

  • February 11, 2026

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.

Details

Last Updated On: February 11th, 2026 at 4:42 pm
Property ID:PT-27998783-AXZR
Offer Type:For Sale
Property Type:Mixed Use
Price: 435,000 $
Year Built:1939

Additional Details

Listing Details

Status: Active

Location

County: Warren
Lotsize: .051 ACRE
Lot Description: Level Lot
Property Type: Mixed Use, Restaurant, Restaurant/Bar
Available: Negotiable
Lot Identifier: 3

Home Details

Location: Business District, Freestanding
Acreage: 0.05
Sale Includes: Building Only, Equipment, Operating Licenses
Renovated: 1990
Construction: Brick/Block
Exterior Description: Composition Siding
Roof Description: Flat
Number of Stories: 3
Number of Units: 3
Number of Lavatories: 4
Floors: Vinyl-Linoleum
Color of Building: stucco
Parking Desc: Additional Parking, Blacktop, On-Street Parking, Parking Lot-Shared
Easement/Desc: No
Basmnt/Desc: Yes - Full
Pre-Rental Rqmts: city code items (attached to listing)
Tenant Pays: Electric, Gas, Heat, Hot Water, Snow Removal
Owner Pays: Sewer, Trash Removal, Water
YB/Desc: 1939 - Standing
Block Identifier: 919
County Number: 30
Town Number: 3019
Possession: negotiable

Taxes, Fees & Assessments

For Sale Or Lease: For Sale
Documents Available: Income & Expenses
Lease Type: Net
Lease Info: 1 Year Minimum, Security Deposit Required
Lease Includes: Taxes
Ownership: Fee Simple
Tax ID For Property: 3019-00919-0000-00003-0000-
Tax Amount: $10,958.00
Tax Year: 2024
Tax Rate: 4.545%
Tax Rate Year: 2024
Farm Assessment: No
Land Assessment: $42,000.00
Building Assessment: $199,100.00
Total Assessment: $241,100.00

Utilities

Equipment Available: Appliances, Exhaust System, Fire Alarm, Fixtures, Furniture, Kitchen Area, Smoke Detector, Storage Area(s)
Heat Source: Electric, Gas-Natural
Heat System: Baseboard - Electric, Multi-Zone
Cool System: Wall A/C Unit(s), Window A/C(s)
Water: Public Water
Sewer: Public Sewer
Utilities: Electric, Gas-Natural

Other

Permitted Use: mixed
Zoning: commercial
Prior Use: Teddy's Diner / restaurants

Statistics

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