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$1,150,000
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Property Description
This is an opportunity to own two homes side by side in New Hope. Create a family compound or live in one and rent the other. The main house has been in the same family for three generations and the 2nd house was built to accommodate family members. Both homes are on individual parcels (.34 acre and 1 acre) so either can be sold or rented separately. The original home, 242 S. Sugan, has a combination of hardwood, vinyl and carpeted flooring, a wood stove in the living room, insulated windows, central air conditioning and six bedrooms. Both front and side porches provide entrances to the home and a kitchen door opens to the back deck/patio and rear yard. With additions over the years, the 2700 sq. ft. home is ready for you to add your personal touches to suit your taste and style. The main floor has large rooms, an eat-in kitchen with stainless appliances, a full bath and first floor bedroom. The other house (244 S. Sugan) is 1584 sq. ft. on one level over the enormous garage. It has been recently renovated with new flooring, carpet and freshly painted. There are two bedrooms and two full baths, central air, oil hot water baseboard heat. A large multi-windowed 3-season room looks out over the one acre of fenced garden areas and woods. The four bay garage can be used to suit your needs and lifestyle, and there is an attached carport for an RV or boat. Both homes are covered by a one-year home warranty. Taxes for 242 are $3,854 and for 244 $4,884 (MLS#PABU2089512 and PABU2089536). The location is close to downtown New Hope and its shopping, dining, entertainment and recreational attractions. Nearby are commuting routes to Princeton, Philadelphia, and NYC. These homes can be purchased separately or in conjunction with the property next door. Well water and public sewer.
Full Property Details
Full Property Details for 242 and 244 S Sugan Rd
General
- Sold For: $1,150,000
- Taxes: $3,855 (2024)
- Status: Closed
- Type: Multi-Family
- Source: BrightMLSPhilly
- MLS ID: PABU2094912
- Added to Site: 259 day(s) ago
Interior
- Number of Rooms: 15
- Interior Features: Breakfast Area, Entry Level Bedroom, Floor Plan - Traditional, Kitchen - Country, Kitchen - Eat-In, Stove - Wood, Wood Floors
- Fireplace: Yes
- Number of Fireplaces: 1
- Appliances: Dishwasher, Dryer - Electric, Extra Refrigerator/Freezer, Freezer, Microwave, Oven/Range - Gas, Refrigerator, Washer, Water Conditioner - Owned, Water Heater
- Flooring: Hardwood, Carpet, Vinyl, Wood
Parking
- Garage: Yes
- Garage Spaces: 4
- Total Spaces: 9
- Parking Features: Paved Parking
- Parking Type: Driveway, Attached Garage
- Garage Description: Garage - Front Entry, Oversized
Location
- Area: New Hope Boro (10127)
- Municipality: NEW HOPE BORO
- County: Bucks
- Cross Streets: Sugan Rd
- Driving Directions: From Bridge Street South on Sugan Road past the back entrance to Village2 to left on Fairview Lane(private road) first drive on right
School Information
- School District: New Hope-Solebury
Heating & Cooling
- Central air: Yes
- Cooling Type: Central A/C
- Cooling Fuel: Electric
- Heating Type: Baseboard - Hot Water, Wood Burn Stove
- Heating Fuel: Oil, Wood
- Water Heater: S/W Changeover
Utilities
- Sewer: Public Sewer
- Water: Private, Well
- Utility Description: Cable TV, Sewer Available
Structural Information
- Architectural Info: Colonial
- Architectural Style: Colonial
- Structure Type: Detached
- Construction: Frame
- Basement: Yes
- Basement Desc.: Connecting Stairway, Full, Poured Concrete
- Foundation: Block, Stone
- Roof: Asphalt, Shingle
- Walls/Ceilings: Dry Wall, Plaster Walls
- Windows: Double Pane, Energy Efficient, Screens
- Stories/Levels: 0
- Square Feet: 2,744
- Sq. Ft. Source: Estimated
- Living Area: 2,744 Sq. Ft.
- Finished Above Grnd: 2,744 Sq. Ft.
- Year Built: 1926
- Year Built Source: Estimated
- Property Condition: Average
Unit Information
- Other Units: Unit 2
Unit 1
- Unit Description: Unit 2
- Bedrooms: 2
Additional Structures
- Other Structures: Shed
Lot Features
- Lot Size (Acres): 1.34
- Lot Size (Sq. Ft.): 58,370
- Lot Size Source: Estimated
- Lot Dimensions: 100.00 x 150.00 and 167 x 196
- Frontage Feet: 267
- Street/Road Desc.: Black Top
- Lot Features: Corner, Not In Development, Open, Rear Yard
- Zoning: R1
- Lot Description: Corner, Not In Development, Open, Rear Yard
Financial Considerations
- Price Per Sq. Ft.: $473.76
- Assessment Year: 2024
- School Tax: $2,880
- City/TownTax: $342
- City/TownTax Freq: Annually
- County Tax: $632
- County Tax Freq: Annually
- Tax w/Assessment: $24,860
- Tax Amount: $3,855
- Tax Year: 2024
- Terms: Standard Sale
Disclosures and Reports
- Ownership: Fee Simple
- Inclusions: washer/dryer/refrigerator/2 freezers/dehumidifier/water softener in 242 Washer/Dryer , Freezers in 244
- Lot Number: 43
Listed and Sold by Keller Williams Real Estate-Doylestown, James E Briggs
Get Pre-Approved Today
Schools
Schools serving 242 and 244 S Sugan Rd
School District:New Hope-Solebury School District
| Name | Grades | Distance |
|---|---|---|
New Hope-Solebury Upper El School 186 West Bridge Street, New Hope, PA 18938 | 3-5 | 0.9 mi |
New Hope-Solebury Lower El School 3020 North Sugan Road, Solebury, PA 18963 | K-2 | 3 mi |
New Hope-Solebury Middle School 184 West Bridge Street, New Hope, PA 18938 | 6-8 | 0.8 mi |
New Hope-Solebury High School 182 West Bridge Street, New Hope, PA 18938 | 9-12 | 0.8 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 242 and 244 S Sugan Rd
Date
Details
Price
Change
Source
10/22/2025
Sold
$1,150,000
-11.54%
MLS
7/06/2025
Price Reduced
$1,300,000
-7.14%
MLS
5/27/2025
Price Reduced
$1,400,000
-5.08%
MLS
5/04/2025
Listed
$1,475,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
242 and 244 S Sugan Road, New Hope, PA 18938 (MLS# PABU2094912) is a Multi-Family property that was sold at $1,150,000 on October 22, 2025. Want to learn more about 242 and 244 S Sugan Road? Do you have questions about finding other Multi-Family real estate for sale in New Hope? You can browse all New Hope real estate or contact a Coldwell Banker agent to request more information.

