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Backup Offers

314 Somerset St, Phillipsburg, NJ, 08865

$329,888

Home List Price

$3,917*

Closing Credit

4 Bedrooms
2 Full Baths
1,650 SqFt
$200/SqFt
House
Schools Nearby

Location

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314 Somerset St, Phillipsburg$329,888

Buyer Closing Credits

$3,917*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
Parking2 Car Width, Additional Parking, Garage, Attached, Garage Door Opener, Driveway
Attached Garage1 space
Year Built1960
HeatingBaseboard
CoolingWindow Unit(s)
MLS #2411466R
Lot Size0.13 Acres
StatusAccepting Backup Offers
(Under Contract)

About 314 Somerset St

This freshly painted unique corner property offers a rare opportunity to combine residential and commercial uses in a prime location. Zoned for mixed residential and business use, this versatile property presents endless possibilities for the savvy entrepreneur. Main floor residential features hardwood floors, 2 BR, 1 Bath, DR, LR, Kitchen, additional small bedroom/office/laundry room and sunroom with deck. Lower floor offers exterior access with 1 lg (18x11) room, 1sm (10.5x11.5), kitchen, bathroom, and garage access.

Property Details

Property Features

Property Information:

  • Architectural Style: Remarks, Split Level
  • Year Built: 1960
  • Stories: 1
  • Living Area: 1,650 SqFt

Listing Office:

  • Office Name: AMERICA AGENCY

Interior Features

Interior Information:

  • Appliances: Dishwasher, Electric Range, Refrigerator, Electric Water Heater
  • Flooring Type: Wood
  • Interior: 1 Bedroom, Entrance Foyer, 2 Bedrooms, Kitchen, Laundry Room, Living Room, Bath Full, Den, Dining Room, Florida Room, Attic

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Exterior: Deck, Patio, Enclosed Porch(es), Sidewalk, Storage Shed, Yard

Parking Information:

  • Garage Space: 1 space
  • Attached Garage: Yes
  • Parking: 2 Car Width, Additional Parking, Garage, Attached, Garage Door Opener, Driveway

Lot Features

Lot Information:

  • Lot: Corner Lot
  • Lot Size: 0.13 Acres

Utilities

Utilities Information:

  • Heating: Baseboard
  • Cooling: Window Unit(s)

School Info

Assigned Schools Information:

  • Phillipsburg High School, Public District Grades 9-12
  • Alpha Borough School, Public District Grades PK-8

Price Information

Listing Price Info

Price Summary:

  • List Price: $329,888
  • Price Per SqFt: $200/SqFt

Tax Information:

  • Annual Amount: $6,217
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Phillipsburg, NJ.

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Phillipsburg, NJ

City

Med. Sold Price

$291.8K

Med. Price/SqFt

$191

Avg. Days On Market

17

# of Sold Homes

25

314 Somerset St vs Phillipsburg

24 DAYS ON ROCKET

+7 Days

$329,888

+$38K More

$200/SqFt

+$9 More

KEY TAKEAWAY

This property is $38K more than the Median Sold Price and $9/SqFt more than other homes in Phillipsburg, NJ.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CJMLS API
  • MLS Number: #2411466R

Listing Office:

  • Office Name: AMERICA AGENCY

IDX The data relating to real estate for sale on this web-site comes in part from the Internet Listing Display database of the CENTRAL JERSEY MULTIPLE LISTING SYSTEM. Real estate listings held by brokerage firms other than this site-owner are marked with the ILD logo. The CENTRAL JERSEY MULTIPLE LISTING SYSTEM does not warrant the accuracy, quality, reliability, suitability, completeness, usefulness or effectiveness of any information provided. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify properties the consumer may be interested in purchasing or renting. Copyright 2024, CENTRAL JERSEY MULTIPLE LISTING SYSTEM. All Rights Reserved. The CENTRAL JERSEY MULTIPLE LISTING SYSTEM retains all rights, title and interest in and to its trademarks, service marks and copyrighted material.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/29/2024, 6:20:33 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$6,217$200,100
2019$6,415$200,100
2018$6,415$200,100
2017$6,383$200,100

History based on county public records data.

Payment Calculator

$1,714

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,056

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-4268996
7
/10

  • Alpha Borough School

  • 817 North Blvd

  • 0.45 miles

  • Public District Grades PK-8

High School

school-card-donut-4268997
4
/10

  • Phillipsburg High School

  • 200 Hillcrest Blvd

  • 2.83 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

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

All data provided by Home Junction and Claritas

Frequently Asked Questions About 314 Somerset St

What is the listing price of this property?

The listing price of 314 Somerset St property is $329,888.

What type of property is this?

The property 314 Somerset St is a house located in Phillipsburg, New Jersey, 08865.

Is this property for sale now?

Accepting Backup Offers: 314 Somerset St is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

What are the assigned schools for this property?

The assigned schools for 314 Somerset St are:
Alpha Borough School: GreatSchools Rating 7/10
Phillipsburg High School: GreatSchools Rating 4/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $6,217 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 314 Somerset St has 4 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 314 Somerset St is 1,650 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 314 Somerset St is 1960.

Rocket Homes›New Jersey›Warren County›Phillipsburg›08865›314 Somerset St

This home is located at 314 Somerset St in Phillipsburg, NJ and zip code 08865. This 1,650 square foot home, which was built in 1960, sits on a 0.13 acre lot. Features: 4 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since May 04, 2024 and is currently priced at $329,888.

While more than 15 listings in Phillipsburg, NJ in April 2024 were sold above asking price, there were more than 2 listings sold at asking price, and more than 8 were sold below. The number of listings in Phillipsburg, NJ increased by 6% between March 2024 and April 2024. In April 2024 median list price was $291,800 and the average listing age was 17 days.

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

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