16-18 King Street Stanhope, NJ $ 600,000
16-18 King Street
$ 600,000
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16-18 King Street

Stanhope, NJ, 07874
$ 600,000
Bedrooms5 Baths2.1

Monthly Estimate*

$ 3,743

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Multi-Family Home for sale in Stanhope, NJ

for $600,000 with 5 bedrooms and 2 full baths, 1 half bath. This home was built in 1920 on a lot size of 0.16.

A remarkable multi-family property with TONS of opportunity, this property offers a unique opportunity for both investors & owner-occupants alike. 16 King Street or the front building is a 1440+ square foot single family home with 3 bedrooms and 1.5 baths. Cozy yet spacious layout, updated kitchen, formal dining room and living room. Tons of charm with thick moldings and hardwood floors. Designated mudroom and laundry room off the back door. FULL unfinished basement offers a ton of storage. Upstairs, the 3 bedrooms & full bath along with some attic space. Level yard offers BOTH units with private outdoor areas and lawn space. 18 King Street or the back building boasts 2 bedrooms & a full bath. Versatile layout, first floor currently used for the living area- tenants created functional space dividing the large 1st floor with bookcases creating laundry & storage area. Upstairs, a compact yet functional kitchen with oven/range, refrigerator and eating area. Roof only 5 years old on back house. Shared public sewer lines & water. Separate oil tanks & electric. Large driveway offers enough space for multiple cars. This property has the potential to make you a lot of revenue or be the ideal set up for your village. Nice location near Stanhope's Main Street and Bell's Mansion. Easy access to Ledgewood Ave / Rt 183 & Rt 46. This multi-family property is a rare find in today's market.

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Multi-Family Pending

Price

$ 600,000

Bedrooms

5

Full Bath

2

Half Bath

1

Property Type

Multi-Family

Taxes

$ 7,986

Style

Lot Size

0.16

Year Built

1920

Town/City

Stanhope

County/Region

Sussex

MLS | Web ID

3991097

Features
Interior
Interior Amenities Blinds Carbon Monoxide Detector Smoke Detector Vinyl-Linoleum Floors Wood Floors
Basement Full Unfinished
Unit 1 Baths Total 2.0
Unit 1 Beds Total 3
Unit 2 Baths Total 1.0
Unit 2 Beds Total 2
Fuel Type Oil Tank Above Ground - Outside
Half Baths 1
Total Bedrooms 5
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General
Sewer Public Sewer
Heating Radiators - Steam
Cooling Window A/C(s)
Utilities Electric
Possession At Closing
Roof Asphalt Shingle
Water Heater Oil
Garage Spaces 0
Architectural Style See Remarks
Exclusions Washer & dryer may belong to tenants.
Year Built 1920
Township Stanhope Boro
Tax Year 2025
Gross Income 0
County Sussex
Net Operating Income 0
Operating Expense 0
Total Rooms 17
Full Baths 2
Status Under Contract
Directions NJ-183 N Turn left onto Main St Turn left onto King St Destination will be on the left
High School VALLEY RD
Open Parking Spaces 6
Number Of Units Total 2
Elementary School LENAPE VLY
Tax Annual Amount 7986
Home Warranty Y/N No
Middle/Junior High School LINDEN AVE
Drive 2 Car Width Blacktop Driveway-Exclusive Off-Street Parking
Standard Status Under Contract
Tax Assessed Value 184700
Town # 2821
Tax Lot 16
Farm Assessment No
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Exterior
Exterior Amenities Curbs Patio Storm Door(s) Storm Window(s) Thermal Windows/Doors
Lot Features Level Lot
Water Source Public Water
Exterior Description Wood
Lot Dimensions 0.1561
Lot Size Acres 0.16
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* Excluded Features
List By
MARY K. SHEERAN

Listing Agent

Keller Williams Metropolitan

Broker

mary@sheeranrealestate.com

Email

Affordability Calculator

$4,409
Per Month
85%
15%
0%
Monthly Principal & Interest
$3,743
Monthly Property Taxes
$666
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
5299526 Elementary School
5299527 Middle School
Valley Rd High School High School
Pricing History
DatePricePrice ChangeDescription
10/7/2025$600,000 Listed Price

Map


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16-18 King Street, Stanhope, NJ, 07874 is a Multi-Family Home for sale at $600,000 with a lot size of 0.16. 16-18 King Street has 5 bedrooms, 2.1 baths, and was built in 1920. The property's zip code is 07874 which is in Stanhope, NJ