21 Reservoir Rd Rockaway Twp., NJ $ 779,000
21 Reservoir Rd
$ 779,000
Open House 2/1 12pm - 3pm
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21 Reservoir Rd

Rockaway Twp., NJ, 07866
$ 779,000
Bedrooms6 Baths4.1

Monthly Estimate*

$ 4,796

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Multi-Family Home for sale in Rockaway Twp., NJ

for $779,000 with 6 bedrooms and 4 full baths, 1 half bath. This home was built in 1955 on a lot size of 0.32.

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.

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Open House

2/1/2026 12:00 PM - 3:00 PM
21 Reservoir Rd Rockaway Twp., NJ
* Some states or local ordinances may prohibit Open Houses at this time, please confirm with your Weichert agent or local rep to confirm

Multi-Family Coming Soon

Price

$ 779,000

Bedrooms

6

Full Bath

4

Half Bath

1

Property Type

Multi-Family

Taxes

$ 10,955

Style

2-Two Story, Fourplex

Lot Size

0.32

Year Built

1955

Town/City

Rockaway Twp.

County/Region

Morris

MLS | Web ID

4006858

Features
General
Sewer Public Sewer
Heating 2 Units Baseboard - Electric Baseboard - Hotwater
Cooling None
Utilities Electric
Possession 30-60
Roof Asphalt Shingle
Water Heater Electric
Architectural Style 2-Two Story Fourplex
Year Built 1955
Township Rockaway Twp.
Tax Year 2024
Gross Income 882000
County Morris
Net Operating Income 64228
Operating Expense 23971
Total Rooms 15
Full Baths 4
Status Coming Soon
Directions Mt Hope Rd to Reservoir
Open Parking Spaces 8
Number Of Units Total 4
Tax Annual Amount 10955
Drive Off-Street Parking Parking Lot-Exclusive
Standard Status Coming Soon
Tax Assessed Value 475800
Town # 2335
Tax Lot 30
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Interior
Basement Slab
Unit 1 Baths Total 2.0
Unit 1 Beds Total 2
Unit 2 Baths Total 1.0
Unit 2 Beds Total 1
Unit 3 Baths Total 1.0
Unit 3 Beds Total 1
Unit 4 Baths Total 1.0
Unit 4 Beds Total 2
Fuel Type Electric Gas-Propane Leased Oil Tank Above Ground - Outside
Half Baths 1
Total Bedrooms 6
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Exterior
Exterior Amenities Patio Storage Shed
Water Source Public Water
Exterior Description Vinyl Siding
Lot Dimensions .319 AC
Lot Size Acres 0.32
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* Excluded Features
List By
ADAM KAMENMAN

Listing Agent

Coldwell Banker Realty

Broker

adamksellsnj@gmail.com

Email

Affordability Calculator

$5,709
Per Month
84%
16%
0%
Monthly Principal & Interest
$4,796
Monthly Property Taxes
$913
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
291163 Elementary School
291353 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
1/27/2026$779,000 Listed Price

Map


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21 Reservoir Rd, Rockaway Twp., NJ, 07866 is a Multi-Family Home for sale at $779,000 with a lot size of 0.32. 21 Reservoir Rd has 6 bedrooms, 4.1 baths, and was built in 1955. The property's zip code is 07866 which is in Rockaway Twp., NJ