21 A and 21B State Route183, Stanhope, NJ 07874
MULTI_FAMILY - Stanhope Boro, NJ
- Added:
- Apr 1, 2026
- Days on Market:
- 98
- Last Refresh:
- Jul 7 at 1:06 pm
Property Features for 21 A and 21B State Route183
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 4
- Bathrooms
- 2
- Rooms
- Basement, Bedroom 1, Bedroom 2, Bathroom 1, Bathroom 2, Bedroom 4, Bedroom 3
- Parking
- 3
- Patio and Porch features
- Porch, Patio
- Interior features
- Carbon Monoxide Detector, Carpeting, Fire Extinguisher, Smoke Detector, Vinyl-Linoleum Floors
- Exterior features
- Metal Fence, Open Porch(es), Patio, Sidewalk, Storage Shed
- Fencing
- Fenced
- Standard status
- Active
- Size
- 1,820 SF
- Lot size
- 0.13 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 7670
Utilities
- Utilities
- Cable Available
- Sewer type
- Public Sewer
- Heating system
- Forced Air
- Water source
- Public
Building Details
- Year built
- 1900
- Number of units
- 2
- Roof type
- Shingle
- Architectural style
- Other
- Additional Structures
- Storage
Listing agent JESSICA SOHL License #1861649 (973) 598-1700
Listing office RE/MAX HERITAGE PROPERTIES 293 ROUTE 206 N, Flanders, NJ (973) 598-1700
Listing date Apr 1, 2026
Copyright © 2026 Garden State MLS, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- 2‑family (duplex) layout with 2 beds, 1 bath, and laundry in each unit
- Off‑street parking plus fenced shared backyard
- Rocking chair front porch and patio
- One block to Lake Musconetcong and about 0.5 miles to the Netcong NJ Transit train station
- Easy access to Rt 80, Rt 206, and Rt 46
- Year built 1900 with forced‑air heat, shingle roof, and public water and public sewer
Overview
The home is located in Stanhope Boro, with proximity to Lake Musconetcong and Netcong NJ Transit train station, listed as one block to the lake and 0.5 miles to the station. It is described as being convenient to both Stanhope’s Main Street and Netcong’s Main Street, with access to restaurants, grocery, and entertainment. Easy roadway access is noted to Rt 80, Rt 206, and Rt 46, and cameras are on the premises.
Designed for owner-occupants or investors seeking a straightforward two-unit setup, the duplex offers practical self-contained living space with laundry in each unit. The off-street parking and shared outdoor area support day-to-day convenience, while the porch adds a defined entry feature for each home. Cameras add an additional layer of security coverage for the property.
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $46.5k | $25.56 |
| − Vacancy | −$3.0k | −$1.65 |
| EGI | $43.5k | $23.91 |
| − OpEx | −$13.1k | −$7.17 |
| NOI | $30.5k | $16.74 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Stanhope
- County
- Sussex
- State
- New Jersey
- Longitude
- -74.705443
- Latitude
- 40.903598
