For Sale Multi-Family MLS# 4059164

263 Us Highway 206

Stanhope Boro, NJ 07874

$819,000

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About 263 Us Highway 206

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.

Property details

Property

Type
multi
Year built
1960
Lot
0.75 ac
List date
Oct 15, 2026

Schools

District
Stanhope Borough School District

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Listed by KELLER WILLIAMS INTEGRITY

Listing information is provided by the participating MLS / IDX program and is deemed reliable but not guaranteed. All information should be independently verified. Equal Housing Opportunity.