941 Lee Ave, Phillipsburg, NJ 08865

Phillipsburg
Local realty services provided by:Better Homes and Gardens Real Estate Reserve
941 Lee Ave,Phillipsburg, NJ 08865
$330,000
  • 4 Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Sold
Listed by: lindsey tilton
Office: river valley realty, llc.
MLS#:NJWR2000504
Source:BRIGHTMLS

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Price summary

  • Price:$330,000

About this home

A rare triplex investment opportunity in the heart of Alpha Borough, offering both small-town charm and strong income potential. This well-configured multi-family provides flexibility for investors or owner-occupants alike. The first unit is a studio-style one-bedroom with a recently updated full bathroom, offering a solid foundation for future rental appeal. The second unit features a welcoming living space, a comfortable bedroom, and a full bath. The third and largest unit offers three bedrooms and a full bathroom, creating excellent potential for higher rental income. Additional storage is conveniently accessible through an exterior basement entrance, adding functionality for tenants. While some cosmetic TLC remains, the property presents a promising value-add opportunity for buyers looking to enhance rents and maximize returns. Ideally located in Alpha Borough with quick access to Routes 78 and 22, this property combines ease of commuting with the appeal of a close-knit...

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Home facts

  • Year built:1900
  • Listing ID #:NJWR2000504
  • Added:43 day(s) ago
  • Updated:March 15, 2026 at 05:54 AM

Rooms and interior

  • Bedrooms:4
  • Kitchen Description:Oven/Range - Gas
  • Basement:Yes
  • Basement Description:Outside Entrance, Unfinished

Heating and cooling

  • Heating:Forced Air, Natural Gas, Zoned

Structure and exterior

  • Year built:1900
  • Lot Features:Corner
  • Architectural Style:Colonial
  • Construction Materials:Aluminum Siding, Brick

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$330,000
  • Tax amount:$7,557 (2025)

Parking

  • Parking description:On Street

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