241-243 Us Highway 206, Stanhope Boro, NJ 07874
241-243 Us Highway 206, Stanhope Boro, NJ 07874
241-243 Us Highway 206, Stanhope Boro, NJ 07874
241-243 Us Highway 206, Stanhope Boro, NJ 07874
241-243 Us Highway 206, Stanhope Boro, NJ 07874
241-243 Us Highway 206, Stanhope Boro, NJ 07874
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Michele Gibson

Michele Gibson

+1(908) 216-1756
$ 899,000
Est. payment | /mo

3 Beds

2.5 Baths

3,873 SqFt

Save
$ 899,000
Est. payment | /mo
Save

3 Beds

2.5 Baths

3,873 SqFt

Key Details

Property Type Multi-Family, Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 3,873 sqft

Price per Sqft $232

MLS Listing ID 4026035

Style 2-Two Story

Bedrooms 3

Full Baths 2

Half Baths 1

Year Built 1948

Annual Tax Amount $12,046

Tax Year 2025

Lot Size 0.690 Acres

Property Description

Exceptional opportunity to acquire a highly visible mixed-use property ideally positioned along the heavily traveled Route 206 commercial corridor in Stanhope, NJ. This unique asset offers a compelling blend of stable residential income and flexible commercial/light industrial space well suited for investors, owner-users, or live-work operators. The property features an approximately 3,873 SF building situated on 0.68 acres, boasting an impressive Highway frontage on U.S. Route 206 and parking for up to 15 vehicles, delivering outstanding visibility and consistent daily traffic exposure. The building is comprised of: A 1,248 SF three-bedroom residential apartment, A 2,665 SF commercial/light industrial space, currently utilized for small engine repair, suitable for a wide range of uses. Strategically located just off Interstate 80, the property benefits from excellent accessibility and serves as a prominent first-stop location along the Route 206 corridor. Its positioning offers convenient proximity to key destinations throughout both Sussex County and neighboring Morris County. This mixed-use investment presents strong income-generating potential with flexibility for a user-operator or investor, aligning with both short-term and long-term investment strategies. Please note: The current business is not for sale and will be relocating within Sussex County; however, the owner may consider a leaseback arrangement.

Location

State NJ

County Sussex

Zoning PIC

Rooms

Basement Unfinished

Interior

Heating Oil Tank Above Ground - Inside

Cooling 1 Unit

Heat Source Oil Tank Above Ground - Inside

Exterior

Exterior Feature See Remarks

Parking Features See Remarks

Garage Spaces 2.0

Utilities Available Electric

Roof Type Asphalt Shingle, See Remarks

Building

Lot Description Irregular Lot

Sewer Public Sewer

Water Public Water

Architectural Style 2-Two Story

Others

Senior Community No

Garden State MLS(GSMLS)
Information deemed reliable but not guaranteed. Copyright © 2026 Garden State Multiple Listing Service, L.L.C. All rights reserved.
Listed by REALTY EXECUTIVES EXCEPTIONAL
Michele Gibson

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(908) 216-1756

realtormichelegibson@gmail.com

165 Passaic Ave, Ste 205 Fairfield, NJ, 07004

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241-243 Us Highway 206