81 Broad StPhillipsburg, NJ 08865

  • Industrial properties
  • 0.48 AC
For Sale
$995,000 View listing

Property Details for 81 Broad St

Construction
BRICK
Lot size
0.48 AC
Zone code
I-1
Property type
Industrial properties
APN
19 00201-0000-00009
APU
1900201000000009

Description

This exceptional 11,500 square foot commercial property, situated on a 0.48-acre lot in Phillipsburg, NJ, presents a unique investment opportunity. Ideally located on the Delaware River, this building offers convenient access to major roadways including Routes 22, 78, 57, and 33, ensuring seamless transportation and logistics. Zoned for light industrial use, the property boasts approximately 4,700 square feet of warehouse space, complete with a loading dock and drive-in bay, and 6,500 square feet of office space. The warehouse includes a spacious 1,500 square foot open area, while the office space comprises 13 private offices, a kitchen, and a dining room. Restrooms are ADA compliant, and the building features three-phase power. Its flexible layout allows for single-tenant occupancy or division into multiple units. The property benefits from its location within the Phillipsburg Urban Enterprise Zone (UEZ), offering significant business incentives such as reduced sales tax rates, tax exemptions, and access to various financial assistance programs including free rent and low-interest loans. Permitted uses within the UEZ include scientific or research laboratories, warehouses, wholesale operations, flea markets/antique malls, manufacturing, fabrication, packaging, and product conversion. This versatile property is well-suited for a variety of businesses seeking a strategic location and substantial financial advantages. The asking price is $995,000.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $5,994,744
    Hospitality
    $5,491,154
    Educational
    $4,568,576
    Medical
    $4,725,696
    Retail
    $7,106,673
81 Broad St, Phillipsburg, New Jersey

Location Insight

City
Phillipsburg
County
Warren
State
New Jersey
Latitude
40.6976
Longitude
-75.1997
CBSA code
10900
CBSA name
ALLENTOWN-BETHLEHEM-EASTON, PA-NJ METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$24,365
$53,300
$534,100
$587,400
-
$53,300
$534,100
$587,400

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