Properties

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.

Features

  • Heating System : Baseboard - Hotwater
  • Cooling System : Window A/c(s)
  • Roof Deck : Asphalt Shingle
  • Parking : 7
  • Parking Description: Additional Parking, See Remarks
  • Tax Assessed Valuation: 707800
  • Sewer: Public Sewer
  • Water: Public Water

Appliances

  • Utilities: See Remarks
  • Internet

Additional Info

  • Office Name: KELLER WILLIAMS INTEGRITY
  • Office MLS ID: 5849
  • Agent ID: 298927
  • Tax: 16183
  • Tax Year: 2025
  • Application Fee: $0
  • Zoning: PIC

Multi-Family For Sale

For Sale
$819,000

263 Us Highway 206, Stanhope Boro, *

  • SQFT 0.75 Acre
  • Bedroom 6
  • Built Year 1960

Details

  • Property Type: Multi-Family
  • Listing Type: For Sale
  • Listing ID: 5466337
  • Price: $819,000
  • Bedrooms: 6
  • Bathrooms: 0
  • Half Bathrooms: 0
  • Square Footage: 0 Sqft
  • Year Built: 1960
  • Year Built Description: Approximate, Renovated
  • Lot Area: 0.75 Acre
  • Status: Active
  • Days On Market: 1

Contact Agent

Sky Realty & Associates

Map

Address Map

  • Country US
  • County Sussex
  • City Stanhope Boro
  • Zipcode *
  • Street: Us Highway 206
  • Street Number: 263
  • Street Direction: Interstate 80 take Exit 25 toward StanhopeNetcong
  • Floor Number: 0
  • Longitude: W75° 16' 54.8''
  • Latitude: N40° 55' 9.3''
  • Internet Display Address: Yes
Property