Closed$225,000
TLC ≈ $2,590/mo
3 1 1,252 sqft
48 Old Budd Lake Road, Mt. Olive, NJ 07828
71 US Highway 206, Stanhope, NJ 07874
$550,000
0 beds 0 baths —110 days on marketActive
About this home
**Prime Development Opportunity Awaits!** Discover 8.64 acres of prime land at 71 US Highway 206 in Byram Township, Sussex County, NJ. Zoned VB (Village Business/Commercial) with residential components, this parcel offers direct frontage and access to heavily traveled Route 206. Ideally positioned in the heart of Byram Township, directly across from the planned Village Center development. The property is surrounded by established national retailers, including Wawa, Nissan dealership, Mavis Tire, CVS, and the ShopRite-anchored Byram Plaza shopping center. With significant residential growth nearbyincluding major housing developments along Route 206 adding hundreds of new unitsthis location is perfectly poised for commercial success in a thriving area of Sussex County. An outstanding investment for developers, builders, entrepreneurs, and visionaries. Unlock exceptional land value and create the venture you've envisioned. Schedule your visit today!
Affordability — calculate your monthly payment
Adjust your budget to see what's left after housing, utilities and transportation. Numbers below assume a 5% down, 30YrFixed at 7.19% APR.
Your estimated payment
$4,813/mo
- Real estate (PITI + HOA + PMI)
- $4,560
- Utilities
- $517
- Transportation
- $112
- Other (entertainment)
- $127
Principal + interest$3,543
Property tax + insurance$811
PMI / 2nd mortgage$206
Heating + cooling$112
Internet + TV + phone$127
Water + sewer + garbage$58
Car insurance + maintenance$112
Budget$5,313/mo
Remaining after TLC$500/mo
Purchase price
$550,000
Down payment
$27,500 (5%)
Loan amount
$522,500
APR
7.19%
Quick facts
Type
Commercial
Style
—
Year built
—
Lot size
8.64 ac
Stories
0
Heating
—
Cooling
—
Water
None
HOA
—
Annual tax
$32
MLS #
2609099R
County
Sussex
Home features
Sewer
In Street
Ownership
Land Owned
Lot features
No Land Improvements, Near Shopping, Wooded, See Remarks, Wetlands
Neighborhood — 07874
| Metric | This ZIP | County | USA |
|---|---|---|---|
| Population | 8,331 | 8,832,837 | 299,088,112 |
| Population Change Since1990 | 15.00% | 14.00% | 20.00% |
| Population Density | 1,017 | 1,137 | — |
| Male | 4,081 | 4,307,827 | 147,432,321 |
| Female | 4,250 | 4,525,010 | 151,655,844 |
| Never Married | 1,684 | 1,965,811 | 63,775,926 |
| Married | 4,087 | 3,647,435 | 123,120,365 |
| Separated | 151 | 391,239 | 12,639,686 |
| Widowed | 244 | 515,172 | 15,467,586 |
| Divorced | 581 | 529,393 | 23,075,029 |
| Number Of House Hold | 2,490 | 3,167,345 | 111,826,380 |
| Average House Hold Size | 3.34 | 2.73 | 2.60 |
| Medial Age | 36.52 | 37.15 | 35.46 |
| Median House Hold Income | $78,620 | $63,392 | $48,276 |
| Average House Hold Income | $85,062 | $83,312 | $63,629 |
| P C I | $25,424 | $30,662 | $24,529 |
| M D I | $63,038 | $52,505 | $41,133 |
| A T H E | $63,354 | $61,369 | $50,898 |
| S T R | 7.00% | 7.00% | — |
| W C J | 79.82% | 81.02% | 77.74% |
(Zip) Code
7874
Data via Certihomes neighborhood index. Comparisons across this ZIP, county and the United States.
Map & walkability
Open in Google Maps →Recently sold nearby
Listing information last refreshed 1/16/2026. Provided courtesy of RE/MAX 1st ADVANTAGE via Central Jersey Multiple Listing System, INC. Information deemed reliable but not guaranteed.