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  • $819,000

    263 Us Highway 206, Stanhope Boro, NJ 07874

    6beds
    --sqft
    : 
    $6,805/mo
    Get pre-qualified
    Multi Family
    Built in 1960
    -- sqft lot
    $-- Zestimate®
    $--/sqft
    $-- HOA

    What's special

    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.
    1 day
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    Zillow last checked:

    Listing updated:

    Listed by:

    Ashley Dellamo 973-726-0088,

    Keller Williams Integrity

    Source: GSMLS,MLS#: 4059164MLS Logo

      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

        DateEventPrice
        10/15/2026Listed for sale$819,000
        Source: GSMLS #4059164 Report a problem

        Public tax history

        Tax history is unavailable.

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 07874

        Getting around

        40 / 100
        Car-Dependent
        15 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • High: Lenape Vly

        Source: GSMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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