263 Us Highway 206
Stanhope Boro, NJ 07874
Price: $819,000
GSMLS: 4059164Type: Multi-Family
Style: 2-Two Story, See Remarks
Total Units: 4
Beds: 4
Baths: 3 Full & 4 Half
Garage: 1-Car
Year Built: 1960
Acres: 0.75
Property Tax: $16,183
Description
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.
General Info
Style:
2-Two Story, See Remarks
SqFt Building:
n/a
Total Rooms:
13
Basement:
No
Interior:
n/a
Roof:
Asphalt Shingle
Exterior:
Vinyl Siding
Lot Size:
n/a
Lot Desc:
n/a
Parking
Garage Capacity:
1-Car
Description:
Built-In Garage
Parking:
Additional Parking, See Remarks
Spaces Available:
7
Unit 1
Bedrooms:
2
Bathrooms:
1
Total Rooms:
5
Room Description:
Bedrooms, Family Room, Kitchen, Living/Dining Room
Levels:
2
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
CarbMDet,Refrig,SmokeDet,OvnWElec
Utilities:
Owner Pays Electric, Owner Pays Water
Handicap:
No
Unit 2
Bedrooms:
2
Bathrooms:
1
Total Rooms:
5
Room Description:
Bedrooms, Family Room, Kitchen, Living/Dining Room
Levels:
1
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
CarbMDet,Refrig,SmokeDet,OvnWElec
Utilities:
Owner Pays Electric, Owner Pays Water
Handicap:
No
Unit 3
Bedrooms:
2
Bathrooms:
1
Total Rooms:
6
Room Description:
Bedrooms, Family Room, Kitchen, Living/Dining Room
Levels:
1
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
CarbMDet,Refrig,OvnWGas
Utilities:
Owner Pays Electric, Owner Pays Water
Handicap:
No
Unit 4
Bedrooms:
n/a
Bathrooms:
n/a
Total Rooms:
n/a
Room Description:
See Remarks, Utility Room
Levels:
n/a
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
See Remarks
Utilities:
Owner Pays Electric, Owner Pays Water
Handicap:
No
Utilities
Heating:
Baseboard - Hotwater
Heating Fuel:
Oil Tank Above Ground - Outside
Cooling:
Window A/C(s)
Water Heater:
n/a
Water:
Public Water
Sewer:
Public Sewer
Utilities:
See Remarks
Services:
n/a
School Information
Elementary:
n/a
Middle:
n/a
High School:
LENAPE VLY
Community Information
County:
Sussex
Town:
Stanhope Boro
Neighborhood:
n/a
Financial Considerations
List Price:
$819,000
Tax Amount:
$16,183
Land Assessment:
$394,700
Build. Assessment:
$313,100
Total Assessment:
$707,800
Tax Rate:
4.66
Tax Year:
2025
Listing Information
MLS ID:
4059164
List Date:
10-15-2026
Days On Market:
0
Listing Broker:
KELLER WILLIAMS INTEGRITY
Listing Agent:
Ashley Dellamo
Request More Information
Shawn and Diane Fox
RE/MAX American Dream
3108 Route 10 West
Denville, NJ 07834
Call: (973) 277-7853
Web: MorrisCountyLiving.com
