Property

Phillipsburg Town, NJ 08865 343 Thomas St. # 3

Pending
343 Thomas St. # 3 Phillipsburg Town, NJ - Image 1343 Thomas St. # 3 Phillipsburg Town, NJ - Image 2343 Thomas St. # 3 Phillipsburg Town, NJ - Image 3
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343 Thomas St. # 3 Phillipsburg Town, NJ - Image 4
Presented By: RE/MAX HERITAGE PROPERTIES; 973-598-1700
  • MLS# 3997045
  • 11/10/2025
  • Request Tour
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  • Beds • 4
  • Baths • 3

Home Details

GREAT OPPORTUNITY !! This is your chance to own a 3 family, fully rented income generating property located in the Purcell Hill section. The property has been owned by the original father and son for over 100 years. This all brick home has been well maintained throughout the years. Each tenant pays their own electric bill. There is a 1st floor studio, 1st floor one bedroom, and a 2nd floor 2 bedroom apartment. INVESTORS: THIS PROPERTY HAS A CAP RATE OF 8.16 AT THE listing PRICE.
Presented By: RE/MAX HERITAGE PROPERTIES; 973-598-1700

Interior Features for 343 Thomas St. # 3

Bedrooms

Total Bedrooms4
Unit 1 Beds Total1
Unit 2 Beds Total1
Unit 3 Beds Total2

Bathrooms

Half Baths0
Unit 1 Baths Total1.0
Unit 2 Baths Total1.0
Unit 3 Baths Total1.0

Other Interior Features

Unit 1 Sq Ft1
Unit 2 Sq Ft2
Unit 3 Sq Ft3
Unit 1 Levels1
Unit 2 Levels1
Unit 3 Levels2
UnitType1TotalRent875
UnitType2TotalRent1125
UnitType3TotalRent1250
Unit 3 Fireplaces0
Unit 3 Handicap ModifiedNo
Unit 2 Handicap ModifiedNo
Unit 2 Fireplaces
Unit 1 Fireplaces
Unit 1 Handicap ModifiedNo
Unit 1 Appl/EquipCarbon Monoxide Detector, Ceiling Fan(s), Kitchen Exhaust Fan, Range/Oven - Gas, Smoke Detector
Unit 2 Appl/EquipCarbon Monoxide Detector, Ceiling Fan(s), Kitchen Exhaust Fan, Range/Oven - Gas, Smoke Detector
Unit 3 Appl/EquipCarbon Monoxide Detector, Ceiling Fan(s), Kitchen Exhaust Fan, Range/Oven - Gas, Smoke Detector
BasementFull, Unfinished
Fuel TypeGas-Natural
Interior AmenitiesCarbon Monoxide Detector, Carpeting, Smoke Detector, Tile Floors, Vinyl-Linoleum Floors, Wood Floors

Other Rooms

Unit 2 Rooms3
Unit 1 Rooms2
Unit 3 Rooms4
Unit 3 Room DescriptionBedrooms, Eat-In Kitchen, Living Room, Master Bedroom
Unit 1 Room DescriptionEat-In Kitchen, Living/Dining Room, See Remarks
Unit 2 Room DescriptionEat-In Kitchen, Living Room, Master Bedroom

General for 343 Thomas St. # 3

Architectural Style2-Two Story, Triplex
CoolingCeiling Fan
CountyWarren
DirectionsRTE 22 TO ROSEBERRY ST. R.ON CENTER, L. ON GREEN, R.ON THOMAS ST. HOME WILL BE STUATED ON THE RIGHT.
DriveOn-Street Parking
EasementYes
Elementary SchoolGREEN ST.
ExclusionsPersonal property
Farm AssessmentNo
Full Baths3
GarageOn-Street Parking
Gross Income39000
Heating1 Unit, Multi-Zone, Radiators - Hot Water
High SchoolPHILIPSBRG
Home Warranty Y/NNo
Middle/Junior High SchoolPHILIPSBRG
Net Operating Income29300
Number Of Units Total3
Open Parking Spaces
Operating Expense9700
PossessionP.O.T.
RoofSlate
ServicesCable TV Available, Garbage Included
SewerPublic Sewer
Standard StatusUnder Contract
StatusUnder Contract
Subdivision NamePurcell Hill
Tax Annual Amount6185
Tax Assessed Value136100
Tax Lot5
Tax Year2024
Total Rooms7
Town #3019
TownshipPhillipsburg Town
Unit Number3
UtilitiesElectric, Gas-Natural
Water HeaterGas
Year Built1927
ZoningR-50

Exterior for 343 Thomas St. # 3

Exterior AmenitiesCurbs, Open Porch(es), Patio, Sidewalk, Thermal Windows/Doors
Exterior DescriptionBrick
Lot Dimensions.072 ACRE
Lot FeaturesLevel Lot
Lot Size Acres0.07
Water SourcePublic Water

Additional Details

Price History

Schools

High School Philipsbrg High School
Middle School Philipsbrg Middle School
Elementary School Green St. Elementary School

Charles Torres

Owner
Price $359,000
MLS#3997045
List Date 11/10/2025
Property Type Pending
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