Rent to own Homes in Phillipsburg, NJ
Nestled within Warren County, New Jersey, Phillipsburg is a town with a population of 14,950 according to the 2010 U.S. census. Situated in the western section of New Jersey, Phillipsburg is connected to neighboring state, Pennsylvania, by the Interstate 78 Toll Bridge, Northampton Street Bridge and the Easton-Phillipsburg Toll Bridge. The town was incorporated in 1861 and is situated on the eastern border of the region's scenic Lehigh Valley.
Phillipsburg, NJ is a great place for affordable rent-to-own homes! With a median household income of over $54,583 and a median rent of $971, the Phillipsburg, NJ rent-to-own market is more affordable than the traditional housing market which has shown tremendous growth across the U.S. and with it, aggressive competition for home purchases. With the current housing shortage trend it can make it harder to become a homeowner, including in Phillipsburg, NJ. This means higher than average down payments for homes and higher qualification standards for conventional home loans. With a rent-to-own property, tenants are also buyers. You can live in the house for a set amount of time before you purchase it, meaning that you get to know the house, your neighbors, and your community before making the final purchase. This enables you and your family to make the right choice based on both information and experience. Rent-to-own is also a great alternative way to get into a home if you have bad credit or don't have enough saved for a down payment.
More Phillipsburg, NJ Property Resources
Rent to own Homes in Cities Near Phillipsburg, NJ
- Ackermanville
- Allentown
- Bally
- Bechtelsville
- Belfast
- Bowers
- Boyertown
- Catasauqua
- Cementon
- Center Valley
- Chestnut Hill
- Coopersburg
- Coplay
- Dorneyville
- Dryville
- East Greenville
- Frederick
- Fullerton
- Germansville
- Gilbertsville
- Harleysville
- Hereford
- Kempton
- Milford Square
- Morgan Hill
- New Berlinville
- Oley
- Orefield
- Palm
- Perkiomenville
- Pottsgrove
- Quakertown
- Sanatoga
- Schnecksville
- Silverdale
- Slatington
- Souderton
- Spinnerstown
- Stockertown
- Sun Valley
- Telford
- Trexlertown
- Trumbauersville
- Upper Black Eddy
- Virginville
- Weissport East
- Wescosville
- Wilson
- Woxall
- Zionsville
Neighborhoods in Phillipsburg, NJ
Downtown Phillipsburg rent to own homes Phillipsburg rent to own homesPopular Zip Codes in Phillipsburg, NJ
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Phillipsburg, NJ is seeing rapid growth and Phillipsburg, NJ's' housing market remains optimal with an average home price that is -34% below the 2024 national average. Phillipsburg, NJ is part of Warren county and taxes are an important factor to consider when purchasing a home whether through rent to own or a traditional purchase. The average tax rate as of 2024 for county Warren is 1.92% which is above the national average, which is 0.99%.
Median Home Price in Phillipsburg, NJ
Median Rent in Phillipsburg, NJ
Top 5 Reasons to Live in Phillipsburg, NJ
Low housing prices and rents! The mean price for all housing units in the town in 2011 was $197,197. You could buy a condo in 2011 for around $128,751. The median gross rent in 2012 was estimated at $853. The residential area at Architects Golf Club is popular with golf enthusiasts. Whether you choose a home in Brass Castle Ridge, Caviston Farms, Colby Place or Country Hills at Brakeley Park, you are sure to find the type and price range you seek - even a rent to own contract is possible.
Great dining options! Brass Rail Incorporated (on Belvedere Road), Main Street Deli (South Main Street) and Mama Lucia on Thomas Street are local favorites. The Brass Rail offers casual dining with live music and Happy Hour weekdays 3pm - 7pm. Alpha Family Restaurant and Alpha Pizza and Sub Shop are both located on 3rd Avenue. Main Street also has Joe's Steak Shop, Jumbo Subs and Mac's Pub.
Decent property taxes! The median real property taxes for units with a mortgage was $4,021 in 2012. Although that is not on the low end of the scale, it is not on the high end either. There are dozens of subdivisions with nice affordable houses, including Berkeley Park, Belview Crossing, Delaware Heights, Delaware Knolls, Delaware Crossing Morris Park and Hillcrest. Delaware Crossing at Morris Development is just off 263 / Route 57 / Memorial Parkway, so it's a convenient place for those who travel a lot.
Fun things to do! Visit Walter Park for a day of quiet reflection or a sports game or stop by Campy's Amusement Park if you're in the mood for more active fun in the community. Take a lazy canoe ride down Lopatcong Creek or visit the Lazy River Outpost at Union Square. If you're really adventurous, stop by AAA's Branch Office on Highway 22 to book tours and charters.
Local attractions! Take a neighborhood steam train ride overlooking the beautiful Delaware River. Tour the Roseberry Homestead managed by the Phillipsburg Historical Society, or visit the Centerville and Southwestern Miniature Train Ride and talk to Phillipsburg Rail historians at Pine Valley.