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Stanhope, NJ

Residential Income

Stanhope, NJ Residential Income Properties for Sale

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Netcong, NJ Budd Lake, NJ Roxbury Township, NJ Hopatcong, NJ Mount Arlington, NJ Byram Township, NJ Byram Twp, NJ Randolph, NJ

Mixed-Use Building with Highway Frontage

Updated: May 7

Mixed-Use Building with Highway Frontage

241-243 Us Highway 206, Stanhope, NJ 07874

$899,000

3,873 sqft 0.69 AC lot

Mixed‑use property with 3,873 SF building on 0.68 acres and highway frontage on U.S. Route 206 in Stanhope, NJ
Includes a 1,248 SF, 3‑bedroom residential apartment plus a 2,665 SF commercial/light industrial space
Commercial/light industrial area currently used for small engine repair (business not for sale; relocating within Sussex County)
Parking for up to 15 vehicles on‑site
Year built 1948 with shingle roof and baseboard/hot water heating

This listing looks promising.

Here's a quick look at some key insights for

241-243 Us Highway 206, Stanhope Boro, NJ 07874-3266

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Est. Cap Rate

6.6%
Above avg (5.9%)
Est. NOI

$60K
Annual
Price @ 7% Cap

$851K
Suggested

View Property Analytics

Side-by-Side Duplex with Back Yard

Updated: Apr 1

Side-by-Side Duplex with Back Yard

21 A and 21B State Route183, Stanhope, NJ 07874

$540,000

1,820 sqft 0.13 AC lot

Side‑by‑side 2‑family property with two duplex sides, each with 2 beds and 1 bath
Laundry in each unit plus appliances including range/oven, refrigerator, washer, and dryer
Unit 21A is vacant and ready for a move‑in owner‑occupant; built‑in rental income from the second unit
Fenced shared backyard with patio and open porch; includes storage shed and off‑street parking
Forced‑air heating; shingle roof; flooring includes carpet and linoleum

Two-Unit Residential Income Duplex

Two-Unit Residential Income Duplex

21 A and 21B State Route183, Stanhope, NJ 07874

$540,000

1,820 sqft 0.13 AC lot

Two separate units each feature 2 bedrooms, 1 bathroom, and in-unit laundry, with off-street parking and a shared backyard.

Based on your search, we've compiled 15 Potential Opportunities for your consideration. Besides 3 Active listings in Stanhope, NJ, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 4 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Quadplex with Lake Views

Quadplex with Lake Views

460 RIVER STYX ROAD, Hopatcong, NJ 07843

$849,000

0.38 AC lot

Four separate residences with lake views, separate utilities, and public water and sewer in a residentially zoned setting.

Two-Unit Residential Income Property

Two-Unit Residential Income Property

30 Crater Ave, Wharton, NJ 07885

$699,900

0.12 AC lot

Two well-laid-out units with off-street parking, private outdoor space, and a mostly finished basement.

Two-Unit Residential Income Property

Two-Unit Residential Income Property

70 Robert St, Wharton, NJ 07885

$850,000

Well-maintained two-unit home with large bedrooms per unit, upgraded roof and furnace, and public utilities for day-to-day convenience.

Three-Family Lakeside Home

Three-Family Lakeside Home

119 Lakeside Blvd, Hopatcong, NJ 07843

$655,000

Three-family property with lake views, fully vacant and ready for occupancy or investor use.

Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Residential Land Parcel for Build

Residential Land Parcel for Build

35 Mountain Trl, Hopatcong, NJ 07843

$30,000

0.35 AC lot

A 0.35-acre residentially zoned parcel near Lake Hopatcong, suited for a single-family or vacation build (verify requirements).

Residential Land with Approved Utilities

Residential Land with Approved Utilities

26 Hemlock Rd, Byram Twp, NJ 07821

$159,900

0.96 AC lot

Residential lot in R5 zoning with approved septic and well permits and home plans ready to build.

Three Unimproved Land Parcels

Three Unimproved Land Parcels

1561 Sussex Tpke, Randolph, NJ 07869

$600,000

Three land parcels with road frontage, suitable for development.

Land with Lakes and Streams

Land with Lakes and Streams

466 Sparta Ave, Sparta, NJ 07871

$1,995,000

32.55 AC lot

Land parcel with lakes and streams, suited for residential or commercial development under RR zoning.

Off-Market Properties in Stanhope, NJ

Consider similar Off-Market properties in Stanhope, NJ. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

50 Linden Ave

APARTMENT HOUSE (UNDER 5 UNITS)

50 Linden Ave, Stanhope, NJ 07874-2887

Value Estimation by Request

3,629 sqft 3.06 AC lot

4 Spg St

APARTMENT HOUSE (UNDER 5 UNITS)

4 Spg St, Stanhope, NJ 07874-2954

Value Estimation by Request

2,406 sqft

105 Main St

APARTMENT HOUSE (UNDER 5 UNITS)

105 Main St, Stanhope, NJ 07874

Value Estimation by Request

4,300 sqft

113 Main St

APARTMENT HOUSE (UNDER 5 UNITS)

113 Main St, Stanhope, NJ 07874-2660

Value Estimation by Request

3,951 sqft 0.78 AC lot

Stanhope, NJ Residential Income Properties Market Trends and Statistics

Explore 7 residential income properties for sale in Stanhope, NJ, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 7,513 square feet of properties for sale, with an estimated market value of $1,979,000.

Sale prices for residential income properties in Stanhope, NJ start at $540,000, averaging $659,666, and reaching up to $899,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Demographics Overview

Population 8,498

Population Growth (5Y) +2.6%

Median Household Income $125,517

College Educated 52.0%

High-Yield Neighborhoods for Investment

Identify Stanhope submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood	Average Price
07874	$589.6K

Taxes & Financing

Tax Rate (average for all types) 3.92%

Property Tax per SF $93.97 per SF

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Sussex County

New Delisted

Total CRE Inventory on Market (SF)

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