21 Reservoir Rd
Rockaway Twp, NJ 07866
Price: $779,000
GSMLS: 4006858Type: Multi-Family
Style: 2-Two Story, Fourplex
Total Units: 4
Beds: 6
Baths: 4 Full & 1 Half
Garage: No
Year Built: 1955
Acres: 0.32
Property Tax: $10,955
Description
Open House Sunday 12PM–3PM.
Rare income generating multifamily opportunity in Rockaway. 4 units at or near market rent with 1 to be occupied soon. Rent roll and expense reports are available. Unit 1 is 2 bed 2 full baths, Units 2 and 3 are each 1 bed 1 bath, and unit 4 is 2 bed, 1 bath. Unit 4 was recently updated with a new kitchen. All utilities are combined, the landlord pays all utilities, except for one unit where the tenant pays electric. Heat is provided by 1 boiler for the building, 2 of the units have propane gas for cooking. The tenants share access to 2 washer and dryer units, the yard and have separate lockable storage in the shed. At least 8 parking spots. This convenient location and highly rated school system make it easy to rent. Rent rolls and expenses are available.General Info
Style:
2-Two Story, Fourplex
SqFt Building:
n/a
Total Rooms:
15
Basement:
No - Slab
Interior:
n/a
Roof:
Asphalt Shingle
Exterior:
Vinyl Siding
Lot Size:
n/a
Lot Desc:
n/a
Parking
Garage Capacity:
No
Description:
n/a
Parking:
Off-Street Parking, Parking Lot-Exclusive
Spaces Available:
8
Unit 1
Bedrooms:
2
Bathrooms:
2
Total Rooms:
4
Room Description:
Bedrooms, Kitchen, Living Room
Levels:
1
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
Microwave Oven, Range/Oven - Electric, Refrigerator
Utilities:
Owner Pays Electric, Owner Pays Heat, Owner Pays Water
Handicap:
No
Unit 2
Bedrooms:
1
Bathrooms:
1
Total Rooms:
3
Room Description:
Bedrooms, Kitchen, Living Room
Levels:
1
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
Microwave Oven, Range/Oven - Electric, Refrigerator
Utilities:
Owner Pays Electric, Owner Pays Heat, Owner Pays Water
Handicap:
No
Unit 3
Bedrooms:
1
Bathrooms:
1
Total Rooms:
3
Room Description:
Bedrooms, Kitchen, Living Room
Levels:
1
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
Microwave Oven, Range/Oven - Electric, Refrigerator
Utilities:
Owner Pays Heat, Owner Pays Water, Tenant Pays Electric
Handicap:
No
Unit 4
Bedrooms:
2
Bathrooms:
1
Total Rooms:
5
Room Description:
Bedrooms, Eat-In Kitchen, Living Room
Levels:
1
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
Microwave Oven, Range/Oven - Electric, Refrigerator
Utilities:
Owner Pays Electric, Owner Pays Heat, Owner Pays Water
Handicap:
No
Utilities
Heating:
2 Units, Baseboard - Electric, Baseboard - Hotwater
Heating Fuel:
Electric, Gas-Propane Leased, Oil Tank Above Ground - Outside
Cooling:
None
Water Heater:
Electric
Water:
Public Water
Sewer:
Public Sewer
Utilities:
Electric
Services:
n/a
School Information
Elementary:
n/a
Middle:
n/a
High School:
n/a
Community Information
County:
Morris
Town:
Rockaway Twp.
Neighborhood:
n/a
Financial Considerations
List Price:
$779,000
Tax Amount:
$10,955
Land Assessment:
$224,900
Build. Assessment:
$250,900
Total Assessment:
$475,800
Tax Rate:
2.56
Tax Year:
2024
Listing Information
MLS ID:
4006858
List Date:
01-26-2026
Days On Market:
0
Listing Broker:
COLDWELL BANKER REALTY
Listing Agent:
Adam Kamenman
Request More Information
Shawn and Diane Fox
RE/MAX American Dream
3108 Route 10 West
Denville, NJ 07834
Call: (973) 277-7853
Web: DrakesvilleCondos.com
