263 Us Highway 206 Stanhope, NJ $ 819,000
263 Us Highway 206
$ 819,000
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263 Us Highway 206

Stanhope, NJ, 07874
$ 819,000
Bedrooms4 Baths3.4

Monthly Estimate*

$ 5,657

263 Us Highway 206, Stanhope, NJ 07874 - Image 1
263 Us Highway 206, Stanhope, NJ 07874 - Image 2
263 Us Highway 206, Stanhope, NJ 07874 - Image 3
263 Us Highway 206, Stanhope, NJ 07874 - Image 4
263 Us Highway 206, Stanhope, NJ 07874 - Image 5

Multi-Family Home for sale in Stanhope, NJ

for $819,000 with 4 bedrooms and 3 full baths, 4 half baths. This home was built in 1960 on a lot size of 0.75.

PRIME INVESTMENT OPPORTUNITY -TWO LOTS 7 & 7.01 What better way to build your investment portfolio than with a property where one of the biggest steps toward future development potential zoning is already in place! Strategically positioned along highly traveled Route 206, this property offers investors, developers, and entrepreneurs an exciting opportunity to capitalize on a prime location with long-term income-producing potential (currently producing $6300 a month as is).LOCATION! The surrounding area has experienced significant growth and development interest, making this an attractive opportunity for those looking to get ahead of the curve. With convenient access to Interstate 80, Routes 46, 183, and 206, the property offers excellent connectivity, accessibility, and exposure. Enjoy the appeal of Sussex County while remaining minutes from Morris County, major commercial corridors, shopping, dining, and commuter routes. Stanhope combines small-town charm with exciting development potential. With an established zoning framework and the Borough's focus on future housing and development, this property presents an opportunity to explore your next investment venture. All proposed uses and development plans are subject to municipal approvals, zoning regulations, and buyer due diligence.

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Multi-Family Active

Price

$ 819,000

Bedrooms

4

Full Bath

3

Half Bath

4

Property Type

Multi-Family

Taxes

$ 16,183

Style

2-Two Story

Lot Size

0.75

Year Built

1960

Town/City

Stanhope

County/Region

Sussex

MLS | Web ID

4059164

Features
General
Sewer Public Sewer
Heating Baseboard - Hotwater
Cooling Window A/C(s)
Utilities See Remarks
Possession AT CLOSING
Roof Asphalt Shingle
Zoning PIC
Garage Spaces 1
Architectural Style 2-Two Story See Remarks
Year Built 1960
Garage Built-In Garage
Township Stanhope Boro
Tax Year 2025
Gross Income 45600
County Sussex
Net Operating Income 75600
Operating Expense 30000
Total Rooms 13
Full Baths 3
Status Active
Directions Interstate 80 take Exit 25 toward StanhopeNetcong Route 206 North Follow Route 206 North toward Stanhope and Byram Township Continue to 263 Route 206.
High School LENAPE VLY
Open Parking Spaces 7
Number Of Units Total 4
Tax Annual Amount 16183
Drive Additional Parking See Remarks
Standard Status Active
Tax Assessed Value 707800
Town # 2821
Tax Lot 7
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Exterior
Water Source Public Water
Exterior Description Vinyl Siding
Lot Dimensions .75
Lot Size Acres 0.75
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Interior
Unit 1 Baths Total 1.0
Unit 1 Beds Total 2
Unit 2 Baths Total 1.0
Unit 2 Beds Total 2
Unit 3 Baths Total 1.0
Unit 3 Beds Total 2
Unit 4 Baths Total 0.0
Unit 4 Beds Total 0
Fuel Type Oil Tank Above Ground - Outside
Half Baths 4
Total Bedrooms 4
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* Excluded Features
List By
ASHLEY DELLAMO

Listing Agent

Keller Williams Integrity

Broker

ashleydellrealty@gmail.com

Email

Affordability Calculator

$7,005
Per Month
81%
19%
0%
Monthly Principal & Interest
$5,657
Monthly Property Taxes
$1,349
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% 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
5066598 Elementary School
5066613 Middle School
Lenape Vly High School High School
Pricing History
DatePricePrice ChangeDescription
10/15/2026$819,000 Listed Price

Map


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263 Us Highway 206, Stanhope, NJ, 07874 is a Multi-Family Home for sale at $819,000 with a lot size of 0.75. 263 Us Highway 206 has 4 bedrooms, 3.4 baths, and was built in 1960. The property's zip code is 07874 which is in Stanhope, NJ