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.
Active
$819,000
263 Us Highway 206, Stanhope Boro, NJ 07874
6beds
--sqft
Multi Family
Built in 1960
-- sqft lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
- 1 day
- 97
- 2
Zillow last checked:
Listing updated:
Listed by:
Ashley Dellamo 973-726-0088,
Keller Williams Integrity
Source: GSMLS,MLS#: 4059164
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Baseboard - Hotwater, Oil Tank Above Ground - Outside
Cooling
- Window Unit(s)
Appliances
- Included: See Remarks
Features
- Bedrooms, Family Room, Kitchen, Living/Dining Room, See Remarks, Utility Room
- Basement: None
- Has fireplace: No
Interior area
- Total structure area: 0
Property
Parking
- Total spaces: 7
- Parking features: Additional Parking, See Remarks, Built-In Garage
- Attached garage spaces: 1
- Uncovered spaces: 7
Features
- Levels: Two
- Stories: 2
Lot
- Size: 0.75 Acres
- Dimensions: .75
Details
- Parcel number: 2819117010000000070000
- Zoning description: PIC
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Vinyl Siding
- Roof: Asphalt Shingle
Condition
- Year built: 1960
- Major remodel year: 2022
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: See Remarks
Community & HOA
Location
- Region: Stanhope
Financial & listing details
- Tax assessed value: $707,800
- Annual tax amount: $16,183
- Date on market: 10/15/2026
- Total actual rent: 6300
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 10/15/2026 | Listed for sale | $819,000 |
Source: | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment




