Liquid-liquid equilibrium data for poly vinyl pyrrolidone (PVP) K30+K2HPO4+H2O system were measured at 298.15 K and different pH values (7.54, 8.05, and 9.47). A binodal curve was fitted to the Merchuk equation and the tie line compositions were fitted to both the Othmer-Tobias and Bancroft equations. The refractive indices and densities of several homogeneous binary and ternary solutions used for calibration were also measured within a range of 0-30 mass% of PVP and 0-50 mass% of K2HPO4. Then, the viscosities, densities, electrical conductivities, and refractive indices of binary (PVP K30+water; potassium phosphate+water) and ternary (PVP K30+potassium phosphate+water) systems were measured and correlated at different pH values. The density data showed a linear variation of the polymer and salt mass fractions. The viscosity data of PVP K30 solutions were correlated as a function of the mass fractions by using a nonlinear equation. The effects of the tie line lengths on the densities and viscosities of the aqueous two-phase systems were represented. Also, the modified UNIFAC-NRF is used to calculate the phase equilibria of the mention system. The fitted binary interaction parameters of the model were reported.