Perfect opportunity to live in one unit & collect rent from the 2nd unit and the office space & storage. Earn additional income to help pay your mortgage. Main house is comprised of 2 units w a full basement each with 2 beds & 1 full bath. Each unit previously rented for $1100 per month. Separate building w 2 floors includes an office & 2 bathrooms w potential rent of $2k/month. Added bonus of an oversized 3 car garage that can also be rented! All units are currently vacant.

Approximate Lot Size .254 ACRE Exterior Description Aluminum SidingStone Exterior Features CurbsOpen Porch(Es)SidewalkStorm Door(S)Thermal Windows/Doors Garage Description Detached GarageGarage Door OpenerLoft StorageOversize Garage Number Of Parking Spaces 3 Parking Driveway Description 2 Car WidthConcrete StripOff-Street Parking Roof Description Asphalt Shingle

Basement Yes Basement Description Full Cooling Ceiling FanCentral Air Heating 2 UnitsRadiators - Steam Interior Features CarpetingSmoke DetectorVinyl-Linoleum FloorsWood Floors Total Number Of Rooms 14 Unit1 Appliances Equipment Carbon Monoxide DetectorDishwasherRange/Oven - ElectricRefrigeratorSmoke Detector Unit1 Baths 1.0 Unit1 Bedrooms 2 Unit1 Fireplaces 0 Unit1 Handicap Modified No Unit1 Levels 1 Unit1 Room Description BedroomsDining RoomEat-In KitchenLaundry RoomLiving RoomPorch Unit1 Rooms 5 Unit1 Security Deposit 0 Unit1 Sq Ft 0 Unit2 Appliances Equipment Carbon Monoxide DetectorRange/Oven - ElectricRefrigeratorSmoke Detector Unit2 Baths 1.0 Unit2 Bedrooms 2 Unit2 Fireplaces 0 Unit2 Levels 1 Unit2 Room Description BedroomsKitchenLiving Room Unit2 Rooms 4 Unit2 Sq Ft 0 Unit3 Baths 2.0 Unit3 Bedrooms 0 Unit3 Fireplaces 0 Unit3 Levels 2 Unit3 Room Description Living RoomLiving/Dining RoomStorage Unit3 Rooms 4 Unit3 Sq Ft 0

Assessment Total 156200 Building Assessment 139100 Easement Unknown Expenses Include UtilitiesMaintenanceTaxes Fha Age Restricted No Fuel Type Gas-Natural Gross Operating Income 26400 Land Assessment 17100 Net Operating Income 12400 Sewer Public Sewer Tax Amount 6313 Tax Rate Amount 4.073 Tax Rate Year 2021 Tax Year 2021 Total Operating Expense 14000 Unit Style 2-Two Story Unit1 Owner Tenant Pays Owner Pays ElectricOwner Pays GasOwner Pays HeatOwner Pays Water Unit1 Rent 0 Unit2 Handicap Modified No Unit2 Owner Tenant Pays Owner Pays ElectricOwner Pays GasOwner Pays HeatOwner Pays Water Unit2 Rent 0 Unit2 Security Deposit 0 Unit3 Handicap Modified No Unit3 Owner Tenant Pays Owner Pays ElectricOwner Pays GasOwner Pays HeatOwner Pays Water Unit3 Rent 0 Unit3 Security Deposit 0 Utilities ElectricGas-Natural Water Public Water Year Built Description Approximate

© 2023 Garden State Multiple Listing Service, LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Christie's International Real Estate Group. Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.The data relating to real estate for sale or lease on this web site comes in part from GSMLS. Real estate listings held by brokerage firms other than Christie's International Real Estate Group are marked with the GSMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2023-01-27T16:47:29.193.

690 S Main St

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690 S Main St Phillipsburg Town, NJ 08865

Property Description

Approximate Lot Size	.254 ACRE
Exterior Description	Aluminum Siding Stone
Exterior Features	Curbs Open Porch(Es) Sidewalk Storm Door(S) Thermal Windows/Doors
Garage Description	Detached Garage Garage Door Opener Loft Storage Oversize Garage
Number Of Parking Spaces	3
Parking Driveway Description	2 Car Width Concrete Strip Off-Street Parking
Roof Description	Asphalt Shingle

Basement	Yes
Basement Description	Full
Cooling	Ceiling Fan Central Air
Heating	2 Units Radiators - Steam
Interior Features	Carpeting Smoke Detector Vinyl-Linoleum Floors Wood Floors
Total Number Of Rooms	14
Unit1 Appliances Equipment	Carbon Monoxide Detector Dishwasher Range/Oven - Electric Refrigerator Smoke Detector
Unit1 Baths	1.0
Unit1 Bedrooms	2
Unit1 Fireplaces	0
Unit1 Handicap Modified	No
Unit1 Levels	1
Unit1 Room Description	Bedrooms Dining Room Eat-In Kitchen Laundry Room Living Room Porch
Unit1 Rooms	5
Unit1 Security Deposit	0
Unit1 Sq Ft	0
Unit2 Appliances Equipment	Carbon Monoxide Detector Range/Oven - Electric Refrigerator Smoke Detector
Unit2 Baths	1.0
Unit2 Bedrooms	2
Unit2 Fireplaces	0
Unit2 Levels	1
Unit2 Room Description	Bedrooms Kitchen Living Room
Unit2 Rooms	4
Unit2 Sq Ft	0
Unit3 Baths	2.0
Unit3 Bedrooms	0
Unit3 Fireplaces	0
Unit3 Levels	2
Unit3 Room Description	Living Room Living/Dining Room Storage
Unit3 Rooms	4
Unit3 Sq Ft	0

Assessment Total	156200
Building Assessment	139100
Easement	Unknown
Expenses Include	Utilities Maintenance Taxes
Fha Age Restricted	No
Fuel Type	Gas-Natural
Gross Operating Income	26400
Land Assessment	17100
Net Operating Income	12400
Sewer	Public Sewer
Tax Amount	6313
Tax Rate Amount	4.073
Tax Rate Year	2021
Tax Year	2021
Total Operating Expense	14000
Unit Style	2-Two Story
Unit1 Owner Tenant Pays	Owner Pays Electric Owner Pays Gas Owner Pays Heat Owner Pays Water
Unit1 Rent	0
Unit2 Handicap Modified	No
Unit2 Owner Tenant Pays	Owner Pays Electric Owner Pays Gas Owner Pays Heat Owner Pays Water
Unit2 Rent	0
Unit2 Security Deposit	0
Unit3 Handicap Modified	No
Unit3 Owner Tenant Pays	Owner Pays Electric Owner Pays Gas Owner Pays Heat Owner Pays Water
Unit3 Rent	0
Unit3 Security Deposit	0
Utilities	Electric Gas-Natural
Water	Public Water
Year Built Description	Approximate