16-18 King Street new

Stanhope Boro,NJ 07874

$ 600000

5 Beds

2.5 Baths

1418 SqFt


Key Details

Property Type Multi-Family, Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 1,418 sqft

Price per Sqft $423

MLS Listing ID 3991097

Style See Remarks

Bedrooms 5

Full Baths 2

Half Baths 1

Year Built 1920

Annual Tax Amount $7,986

Tax Year 2025

Lot Size 6,969 Sqft

Property Description

A remarkable multi-family property with TONS of opportunity, this property offers a unique opportunity for both investors & owner-occupants alike. 16 King Street or the front building is a 1440+ square foot single family home with 3 bedrooms and 1.5 baths. Cozy yet spacious layout, updated kitchen, formal dining room and living room. Tons of charm with thick moldings and hardwood floors. Designated mudroom and laundry room off the back door. FULL unfinished basement offers a ton of storage. Upstairs, the 3 bedrooms & full bath along with some attic space. Level yard offers BOTH units with private outdoor areas and lawn space. 18 King Street or the back building boasts 2 bedrooms & a full bath. Versatile layout, first floor currently used for the living area- tenants created functional space dividing the large 1st floor with bookcases creating laundry & storage area. Upstairs, a compact yet functional kitchen with oven/range, refrigerator and eating area. Roof only 5 years old on back house. Shared public sewer lines & water. Separate oil tanks & electric. Large driveway offers enough space for multiple cars. This property has the potential to make you a lot of revenue or be the ideal set up for your village. Nice location near Stanhope's Main Street and Bell's Mansion. Easy access to Ledgewood Ave / Rt 183 & Rt 46. This multi-family property is a rare find in today's market.

Location

State NJ

County Sussex

Rooms

Basement Full, Unfinished

Interior

Interior Features Blinds, Carbon Monoxide Detector, Smoke Detector, Vinyl-Linoleum Floors, Wood Floors

Heating Oil Tank Above Ground - Outside

Cooling Window A/C(s)

Heat Source Oil Tank Above Ground - Outside

Exterior

Exterior Feature Wood

Utilities Available Electric

Roof Type Asphalt Shingle

Building

Lot Description Level Lot

Sewer Public Sewer

Water Public Water

Architectural Style See Remarks

Schools

Elementary Schools Lenape Vly

Middle Schools Linden Ave

High Schools Valley Rd

Others

Senior Community No

View More
Favorite Go Tour