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4 Beds
7 Baths

$819,000

263 Us Highway 206, Stanhope Boro NJ, 07874

Built in1960
Property typeMulti-family

Overview

Active

Listed Oct 15, 2026

Updated 10h ago

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.

$5,449/mo

Est. mortgage payment based on a $819,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
4059164

Interior Features

Bedrooms
4
Bathrooms
7
Heating
Yes
Basement
No

Exterior Features

Lot Size
0.75 Acres

Other Property Details

Taxes
$16,183
Tax Frequency
Annually
Garage
Yes
55+/Senior Community
No

Courtesy of KELLER WILLIAMS INTEGRITY with ASHLEY DELLAMO,
Listing Contact: 9737260088 

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