17 Railroad Ave, Phillipsburg, NJ, 08865
About This Home
Looking for a fully rented investment property in the heart of Phillipsburg? This income-producing two-family property offers immediate cash flow with strong rental demand and convenient access to Easton, PA, Route 22, and I-78. The property features updated living spaces, separate units, and low-maintenance ownership potential, making it an excellent addition to any investor's portfolio, and a desirable location near shopping, dining, transportation, and local amenities enhance tenant appeal and long-term stability. Whether you're a seasoned investor or looking to expand your rental portfolio, this property is priced to sell and positioned for solid returns from day one. Additional highlights include a two-car parking pad in the rear.
Getting Around
Very Walkable
Very Limited Transit
BikeableSchools
Construction
Condition
- Year built: 1900
Materials
- Roof: Asphalt Shingle
- Construction materials: Aluminum Siding
Type & Style
- Home type: MultiFamily
- Property subType: Multi Family
Interior
Appliances
- Appliances included: Range/Oven - Gas,Refrigerator
Basement
- Has basement: Yes
- Basement: Yes,Unfinished
Bedrooms & Bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Features
- Bedrooms,Eat-in Kitchen,Living Room,Eat-In Kitchen
Heating & Cooling
- Heating features: Baseboard - Electric,Natural Gas
- Cooling features: Window Unit(s)
Interior Area
- Total structure area: 0
Property
Details
- Parcel number: 3019013100000000010000
Features
- Levels: Two
- Stories: 2
Lot
- Lot size: 2,613 sqft
- Lot size dimensions: .055 ACRE
Parking
- Total spaces: 2
- Parking features: Asphalt
- Uncovered spaces: 2
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Cold Wave
- Inland Flooding
- Lightning
- Strong Wind
- Winter Weather
- Heat Wave
How This Home’s Risks Compare
FEMA Declared Disasters Across New Jersey Counties
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $1,511 | $18,132 |
| Home Insurance * | $120 | $1,440 |
| Property Taxes | $563 | $6,756 |
| Electricity | $193 | $2,318 |
| Total | $2,387 | $28,644 |
Income You'd Need if You Spent...
New Jersey FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-07-13 | Price change | $299,000 |
| 2026-06-17 | Listed for sale | $310,000 |
| 2022-06-28 | Sold | $165,000 |
| 2019-09-30 | Sold | $70,000 |
| 1995-07-13 | Sold | $28,000 |
| 1994-07-07 | Sold | $39,313 |
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