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Will Alfaro

will@propertypeoplegroup.com +1(973) 219-5434

$ 819,000

Est. payment -/mo

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263 Us Highway 206 Stanhope Boro, NJ 07874

6 Beds

3 Baths

0.75 Acres Lot

UPDATED:

Key Details

Property Type Multi-Family, Commercial

Listing Status Active

Purchase Type For Sale

MLS Listing ID 4059164

Style 2-Two Story, See Remarks

Bedrooms 6

Full Baths 3

Year Built 1960

Annual Tax Amount $16,183

Tax Year 2025

Lot Size 0.750 Acres

Property 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.

Location

State NJ

County Sussex

Zoning PIC

Interior

Heating Oil Tank Above Ground - Outside

Cooling Window A/C(s)

Heat Source Oil Tank Above Ground - Outside

Exterior

Exterior Feature Vinyl Siding

Parking Features Built-In Garage

Garage Spaces 1.0

Utilities Available See Remarks

Roof Type Asphalt Shingle

Garage Yes

Building

Sewer Public Sewer

Water Public Water

Architectural Style 2-Two Story, See Remarks

Schools

High Schools Lenape Vly

Others

Senior Community No

Listed by KELLER WILLIAMS INTEGRITY

Will Alfaro

Broker Associate, CEO and Founder of The Property People License ID: REC# 0454178

+1(973) 219-5434

Will Alfaro

263 Us Highway 206 Stanhope Boro, NJ 07874

Key Details

Location

Interior

Exterior

Building

Schools

Others

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263 Us Highway 206