$549,000

243 Central Ave Phillipsburg, NJ 08865

$6,519
Closing credit¹
9 beds
3 full, 1 partial
Multi-Family

Property details

About 243 Central Ave

Prime Investment Opportunity " Renovated Legal 3-Family on a Corner Lot! Discover the perfect blend of investment potential or owner-occupant opportunity with this renovated legal 3-family home! Situated on a desirable corner lot, this property offers three spacious and updated units with over 3,000 square feet of living space. The first unit features 4 bedrooms and 1.5 baths with a 5th room that can be used as a bonus room or office, the second unit offers 3 bedrooms and 1 bath, and the third unit includes 2 bedrooms and 1 bath. Each unit has been thoughtfully renovated, offering modern finishes while maintaining charm and functionality. Whether you're an investor seeking strong rental income or a buyer looking to offset your mortgage with rental revenue, this property delivers! Conveniently located near major highways, shopping, schools, and public transportation, commuting and daily essentials are just minutes away.

Highlights

Home typeMulti Family
StatusActive
MLS #25005300

Summary

  • MLS Number: 25005300
  • Office Name: Compass New Jersey, LLC-Montclair
  • Office Phone: (973) 310-7360
  • Listing Agent: Amanda Corry

IDXDisclaimer: The data relating to the real estate for sale on this web site comes in part from the Internet Data Exchange Program of the NJMLS. Real estate listings held by brokerage firms other than Rocket Homes Real Estate, LLC are marked with the Internet Data Exchange logo and information about them includes the name of the listing brokers. Information provided is for consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Some properties listed with the participating brokers do not appear on this website at the request of the seller. Listings of brokers that do not participate in Internet Data Exchange do not appear on this website.

All information deemed reliable but not guaranteed. Source: New Jersey Multiple Listing Service, Inc. Copyright© 2025 New Jersey Multiple Listing Service, Inc. All rights reserved.

Rocket Homes Real Estate, 701 Griswold St, Suite 21, Detroit, MI 48226

Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/22/2025, 4:20:53 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Get an agent. Get a mortgage. Save big.¹

view of front of home with covered porch

$549,000

243 Central Ave

$6,519

closing credit¹

Sell your home with Rocket and save even more!

Seller rebate

0.5% sale price²

Price information

Property sales

We're sorry, we currently don't have property sales data for this listing.

Tax history

We're sorry, we currently don't have tax history data for this listing.

Nearby schools

5

Greenwich Elementary School

Public District PK-5

2.1 mi

101 Wyndham Farm Blvd

4

Phillipsburg Elementary School

Public District 3-5

2.3 mi

525 Warren St

6

Lopatcong Elementary School

Public District PK-4

2.7 mi

263 Route 57

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $78,646. Residents of Phillipsburg, NJ typically earn between $35k-100k each year. Most families are single, no kids. The most common level of education of people living in this area is high school diploma.

How much money do the neighbors make?

18%
<35k
53%
35k-100k
26%
100k-200k
3%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

40%
Single, No Kids
9%
Single, with Kids
31%
Married, No Kids
20%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

14%
<11 yrs old
8%
12-17 yrs old
21%
18-34 yrs old
43%
35-64 yrs old
14%
65+ yrs old

What do the neighbors do for fun?

  • Extreme SportsExtreme Sports
  • NASCARNASCAR
  • SoccerSoccer

Where do the neighbors shop?

  • Academy Sports & OutdoorsAcademy Sports & Outdoors
  • Dick's Sporting GoodsDick's Sporting Goods
  • Old NavyOld Navy

Where do the neighbors go to eat?

  • Little CaesarsLittle Caesars
  • ArbysArbys
  • Jimmy JohnsJimmy Johns

What do the neighbors drive?

  • ChevroletChevrolet
  • GMCGMC
  • BuickBuick

What do the neighbors listen to?

  • CountryCountry
  • Adult HitsAdult Hits
  • New CountryNew Country
All data provided by Home Junction and Claritas

Similar homes for sale

This home is located at 243 Central Ave in Phillipsburg, NJ and zip code 08865. Features: 9 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since February 19, 2025 and is currently priced at $549,000.

Over 6 listings were sold over their listed price in January 2025 in Phillipsburg, NJ. In the same period over 6 listings were sold below the listed price and 2 listings were sold for the listed price. Between December and January 2025, Phillipsburg, NJ real estate market has seen decrease in the number of listings by 4%. Listings spent 6 days on the market in January 2025, and had a median list price of $320,000 during the same period.

From Rocket Homes Real Estate and based on county public records data.

More resources