This is an opportunity to own two homes side by side in New Hope. Create a family compound or live in one and rent the other. The main house has been in the same family for three generations and the 2nd house was built to accommodate family members. Both homes are on individual parcels (.34 acre and 1 acre) so either can be sold or rented separately. The original home, 242 S. Sugan, has a combination of hardwood, vinyl and carpeted flooring, a wood stove in the living room, insulated windows, central air conditioning and six bedrooms. Both front and side porches provide entrances to the home and a kitchen door opens to the back deck/patio and rear yard. With additions over the years, the 2700 sq. ft. home is ready for you to add your personal touches to suit your taste and style. The main floor has large rooms, an eat-in kitchen with stainless appliances, a full bath and first floor bedroom. The other house (244 S. Sugan) is 1584 sq. ft. on one level over the enormous garage. It has been recently renovated with new flooring, carpet and freshly painted. There are two bedrooms and two full baths, central air, oil hot water baseboard heat. A large multi-windowed 3-season room looks out over the one acre of fenced garden areas and woods. The four bay garage can be used to suit your needs and lifestyle, and there is an attached carport for an RV or boat. Both homes are covered by a one-year home warranty. Taxes for 242 are $3,854 and for 244 $4,884 (MLS#PABU2089512 and PABU2089536). The location is close to downtown New Hope and its shopping, dining, entertainment and recreational attractions. Nearby are commuting routes to Princeton, Philadelphia, and NYC. These homes can be purchased separately or in conjunction with the property next door. Well water and public sewer.
For sale
Price cut: $75K (5/27)
$1,400,000
242 S Sugan Rd #244-S, New Hope, PA 18938
2beds
2baths
2,744sqft
Est.:
Multi Family
Built in 1926
-- sqft lot
$1,302,200 Zestimate®
$510/sqft
$-- HOA
What's special
- 38 days
- on Zillow |
- 421 |
- 17 |
Zillow last checked: 12 hours ago
Listing updated: May 27, 2025 at 11:26am
Listed by:
Jim Briggs 215-518-6977,
Keller Williams Real Estate-Doylestown 2153405700
Source: Bright MLS,MLS#: PABU2094912

Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
Basement
- Area: 0
Heating
- Baseboard, Wood Stove, Oil, Wood
Cooling
- Central Air, Electric
Appliances
- Included: Dishwasher, Dryer, Extra Refrigerator/Freezer, Freezer, Microwave, Oven/Range - Gas, Refrigerator, Washer, Water Conditioner - Owned, Water Heater
Features
- Breakfast Area, Entry Level Bedroom, Floor Plan - Traditional, Kitchen - Country, Eat-in Kitchen, Dry Wall, Plaster Walls
- Flooring: Hardwood, Carpet, Vinyl, Wood
- Windows: Double Pane Windows, Energy Efficient, Screens
- Basement: Connecting Stairway,Full,Concrete
- Number of fireplaces: 1
- Fireplace features: Wood Burning Stove
Interior area
- Total structure area: 2,744
- Total interior livable area: 2,744 sqft
Property
Parking
- Total spaces: 9
- Parking features: Garage Faces Front, Oversized, Paved, Driveway, Attached
- Attached garage spaces: 4
- Uncovered spaces: 5
- Details: Garage Sqft: 1500
Accessibility
- Accessibility features: None
Features
- Pool features: None
- Frontage length: Road Frontage: 267
Lot
- Size: 1.34 Acres
- Dimensions: 100.00 x 150.00 and 167 x 196
- Features: Corner Lot, Not In Development, Open Lot, Rear Yard
Details
- Additional structures: Above Grade, Below Grade
- Parcel number: 27003043
- Zoning: R1
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Colonial
- Property subtype: Multi Family
Materials
- Frame
- Foundation: Block, Stone
- Roof: Asphalt,Shingle
Condition
- Average
- New construction: No
- Year built: 1926
Utilities & green energy
- Electric: 200+ Amp Service
- Sewer: Public Sewer
- Water: Private, Well
- Utilities for property: Cable Connected, Sewer Available
Community & HOA
Location
- Region: New Hope
- Municipality: NEW HOPE BORO
Financial & listing details
- Price per square foot: $510/sqft
- Tax assessed value: $24,860
- Annual tax amount: $3,855
- Date on market: 5/4/2025
- Listing agreement: Exclusive Right To Sell
- Inclusions: Washer / Dryer / Refrigerator / 2 Freezers / Dehumidifier / Water Softener In 242 Washer / Dryer, Freezers In 244
- Ownership: Fee Simple
- Road surface type: Black Top
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