185 Nj-183 Stanhope, NJ 07874
This exceptional 19,672 square foot mixed-use building presents a remarkable investment opportunity in Stanhope, New Jersey. Located at 185 NJ-183, this single-story property boasts a prime location at the desirable intersection of I-80, Route 206, and NJ-183, ensuring high visibility and accessibility. The building features both main and secondary entrances with welcoming reception areas, private offices, and conference rooms, ideal for a variety of uses. Multiple-stall and private bathrooms cater to diverse needs, while a cafeteria and atrium provide comfortable common spaces. Ample parking is available in front and to the side of the building. Recent updates include new flooring and a newer HVAC system, minimizing maintenance concerns. Currently occupied by a health service provider, this Highway Commercially zoned property offers immense potential for a wide range of businesses, including private schools, medical offices, restaurants, banks, gyms, or retail establishments. The asking price is $2,390,000 ($121.49/SF) for this 0.8-acre lot. Lease options are available. Don't miss this chance to acquire a versatile and well-maintained property in a high-traffic area.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.