Situated in the heart of historic downtown Phillipsburg, near popular train rides with parking out back. Classic charming fully-equipped diner, with 2 income-producing apartments above. Turnkey eatery Location, location, location. At edge of NJ find the gateway to the Lehigh Valley, here on the Main street of this river town. Located in a NJ Opportunity Zone, this mixed use property offers excellent potential. Retro charm abounds in the diner whose kitchen boasts a 15' hood with Ansul wet-system for fire suppression. 6-burner gas stove, walk-in freezer - everything you need is here! Inventory list attached. Current diner operator has lease thru Sept. 2021 and has a low rent due to the pandemic dining limitations. This rent goes up to $2000/mon. unless new owner wants to operate here. Interconnected fire alarm.
Based on the average sale price from the Wyckoff, NJ office
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Default based on a 30-year fixed rate of 4.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.
150 S Main St Phillipsburg Town, NJ is a Single Family Home for sale at $475000 and a lot size of 2,178 SqFt Acre(s). 150 S Main St Phillipsburg Town has 0 bedrooms, 0 baths and was built in 1939. The property's zip code is 08865 which is in Phillipsburg Town, NJ
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Financial calculator disclaimer: Default based on a 30-year fixed rate of 4.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided 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.