204 Mercer St, Phillipsburg Town, NJ 08865
Warren County
Key Facts
Description
Turnkey investment opportunity with immediate cash flow! This renovated 3-bedroom, 1.5-bath end unit row house is the perfect addition to any portfolio. Tenant in place paying $1,850/month with tenant covering all utilities providing strong, low-maintenance income from day one. Renovated in 2026, the property features an updated kitchen with ample cabinetry and modern finishes, spacious open living and dining areas with updated flooring, and a mostly finished attic offering additional usable space. Full unfinished basement provides storage and future potential. Enjoy a private backyard and shared garage access. Low annual taxes of just $2,548 maximize your return. Ideal for investors seeking a turnkey, income-producing property with immediate cash flow.
Property Information
Property Type
Residential
Sub-Type
Single Family Residence
Style
See Remarks
Year Built
1900
Lot Size
0.06 acres
Garage Spaces
1
Ownership
Fee Simple
Days on Market
1
MLS® Listing#
4021375
Property Features
Appliances
Flooring
Basement
Parking
Construction
Roof
Sewer
Water Source
Rooms
- Kitchen
Financial Details
Annual Taxes
$2,547
Tax year 2025
Assessed Value
$54,500
Parcel Number
3019-02006-0000-00006-0000-
Directions
Roseberry to Heckman St to Stockton St to Mercer St
Affordability Calculator
$44,000
Estimated monthly payment
$1,171/mo
Principal $176,000 · Est. interest $245,536 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Phillipsburg Town, NJ
- $518,519
- Median Listing Price
- 38
- Median Days on Market
- 1,892
- Median Sq Ft
- $291
- Median Price / Sq Ft
- 226
- Active Listings
- This home’s price is 58% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Phillipsburg Town, NJ.
Location
Points of Interest in Phillipsburg Town, NJ
Showing the Phillipsburg Town area map.
Nearby Schools
Andover-Morris Elementary School
Elementary · 0.6 mi away
Heavenly Angels Learning Center
School · 0.6 mi away
Freeman Elementary School
Elementary · 0.6 mi away
Phillipsburg Middle School
School · 0.6 mi away
Green Street Elementary School
Elementary · 0.6 mi away
Phillipsburg School District
School · 0.8 mi away
Warren County Community College Phillipsburg Education Center
School · 0.9 mi away
Phillipsburg High School
Secondary · 1.0 mi away
Phillipsburg Middle School
Secondary · 1.0 mi away
Phillipsburg School District
School · 1.0 mi away
National High School
Secondary · 1.1 mi away
Third Street Alliance for Women & Children
School · 1.1 mi away
Green Street School
School · 1.2 mi away
Phillipsburg Primary School
Elementary · 1.2 mi away
March Elementary School
Elementary · 1.5 mi away
Lehigh Valley Children's Center
School · 1.5 mi away
Saints Philip & James School
School · 1.5 mi away
College Hill Nursery School
Primary School · 1.5 mi away
Cheston Elementary School
Elementary · 1.5 mi away
Alpha Public School
School · 1.9 mi away
Commute Calculator
Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 67 Mercer St, Phillipsburg Town, NJ | $164,900 | 3 | 1 | — |
| 13 Lewis St, Phillipsburg Town, NJ | $167,000 | 3 | 1 | — |
| 242 Filmore St, Phillipsburg Town, NJ | $179,900 | 4 | 1 | — |
| 507 S Main St, Phillipsburg Town, NJ | $180,000 | 3 | 2 | — |
| 36 Fox St, Phillipsburg Town, NJ | $185,000 | 3 | 1 | — |
| 53 Brainard St, Phillipsburg Town, NJ | $199,000 | 3 | 2 | — |
Moving Cost Estimate
EXIT Agents in Phillipsburg Town
Listing Courtesy: WEICHERT REALTORS - 9735842300