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Susan Maryanski

Operator | Opulent Living | Keller Williams City Life

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405 Thomas St , Phillipsburg Town, NJ 08865
$1,200,000
Est. Payment: $6,548.89/mo
8167 Sqft
0.3 Acres
Status: active | Days on site: 4
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Susan Maryanski
Operator

House Description

An exciting opportunity for investors and owner-occupants alike, this 8167-square-foot commercial strip center in Phillipsburg, New Jersey, offers substantial value-add potential in an established residential and commercial area. With a mix of existing businesses and a large vacant space ready for its next use, this property presents an opportunity to enhance the tenant mix, attract new businesses, and unlock additional value.Strategically situated near Interstate 78, the property benefits from convenient highway access and proximity to surrounding industrial businesses that contribute to the area's economic activity. Phillipsburg has experienced positive growth in recent years, creating an appealing backdrop for businesses looking to establish or expand their presence in the community.Located within a busy residential neighborhood, the center benefits from its proximity to the Phillipsburg Board of Education and other important local buildings and amenities that can help generate activity in the surrounding area.The property currently features a diverse mix of tenants, including a laundromat, pizza restaurant, and convenience store, providing an established commercial presence. A substantial vacant space offers significant flexibility for an incoming owner to introduce new tenants, accommodate an owner-operated business, or reposition the center to maximize its potential.

Highlights

Listed by JONATHAN SIMHAYOFF , HP and DAVID ALLAN , MP SERHANT NEW JERSEY LLC , 973-315-5959. Garden State MLS

Property Type

Commercial Sale

Lot/Acreage
0.3

Year Built

1948

County

Warren

Listing ID

4058503

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Interior Features

Air Cond:4+ Units
Fireplaces:
Basement:Finished,Storage,Walkout
Water:Public Water

Exterior Features

Lot Dimensions:.304 ACRE
Zoning:R-50
Roof:See Remarks
Others:
  • ▪ Additional:See Remarks
Sewer:Public Sewer
Parking Features:Parking Lot-Exclusive
Principal Interest
$6,549
Taxes
$1,456

Home Price

$1,200,000

Loan Details

30 yrs
7.25%

Down Payment

20%
$240,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$6,548.89

Principal

Taxes

Principal Taxes HOA Total
Monthly $6,548.89 $1,456.25 $0.00 $8,005.14
Yearly $78,586.71 $17,475.00 $0.00 $96,061.71
Total $2,357,601.22 $524,250.00 $0.00 $2,881,851.22

Today's Rates

30 Year

7.25%

20 Year

7.06%

15 Year

6.58%

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Market insight data is pulled from the same city as the listing being viewed (Phillipsburg Town, NJ).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information provided by Garden State MLS, and is deemed reliable but not guaranteed accurate.

IDX service by Blueroof 360

Data last updated: 2026-10-22T18:59:28.000Z

© 2026 Garden State MLS