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$819,000 Just Listed
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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.
Full Property Details
Full Property Details for 263 US Hwy 206
General
- Price: $819,000
- Taxes: $16,183 (2025)
- Status: Active
- Type: Commercial
- Source: Garden_State
- MLS ID: 4059180
- Updated: 10/15/2026
- Added to Site: 1 day(s) ago
Business
- Includes: Building & Land
Rooms
Bathrooms
- Total Bathrooms: 4
- Restrooms: 4
Additional Information
- Equipment: See Remarks
Parking
- Parking: Additional Parking
Location
- County: Sussex
- Driving Directions: From Interstate 80, take the exit for Route 206 North toward Stanhope/Netcong and continue toward the property. PUT IN GPS
- Location Details: Highway Location
Heating & Cooling
- Cooling Type: Window A/C(s)
- Heating Type: Baseboard - Hotwater
- Heating Fuel: Oil Tank Above Ground - Outside
Utilities
- Sewer: Public Sewer
- Water: Public Water
- Utility Description: Natural Gas
Structural Information
- Construction: Formed Concrete
- Exterior Const.: Vinyl Siding
- Roof: Asphalt Shingles
- Bays: 1
- Stories in Building: 2
- Year Built: 1960
- Remodeled/Updated: 2022
Unit Information
- 2 Bedroom Units: 3
Lot Features
- Lot Size (Acres): 0.71
- Lot Size: .75
- Zoning: PIC
Financial Considerations
- Assessment Amount: $707,800
- Land Assmt: $394,700
- Tax Amount: $16,183
- Tax Year: 2025
Disclosures and Reports
- Ownership: Fee Simple
- Documents Avail.: Survey Available
- APN: 2819-11701-0000-00007-0001-
- Block: 11701
- Lot Number: 7.01
Listed by Keller Williams Integrity
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Price & Sales History for 263 US Hwy 206
Date
Details
Price
Change
Source
10/15/2026
Listed
$819,000
173%
MLS
6/10/2005
Sold
$300,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 263 US Hwy 206
Year
Property Taxes
Change
Tax Assessment
Change
2025
$11,454
—
$506,900
106%
2025
$11,454
8%
$245,800
—
2022
$10,628
1%
$245,800
—
2021
$10,572
1%
$245,800
—
2020
$10,422
2%
$245,800
—
2019
$10,218
1%
$245,800
—
2018
$10,110
1%
$245,800
—
2017
$9,997
1%
$245,800
—
2016
$9,864
4%
$245,800
—
2015
$9,495
6%
$245,800
—
2013
$8,984
—
$245,800
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 263 US Hwy 206
263 US Highway 206, Stanhope, NJ 07874 (MLS# 4059180) is a Commercial property. 263 US Highway 206 is currently listed for $819,000 and was received on October 15, 2026. Want to learn more about 263 US Highway 206? Do you have questions about finding other Commercial real estate for sale in Stanhope? You can browse all Stanhope real estate or contact a Coldwell Banker agent to request more information.

