490 Split Rock Rd Rockaway, NJ 07866
Estimated payment $7,206/month
Highlights
- 1.25 Acre Lot
- Wooded Lot
- Patio
- Deck
- Corner Lot
- Privacy Fence
About This Home
Exceptional Investment Opportunity " 3 Homes on One Lot! Unlock the potential of this rare multi-residence property located just 10 minutes from Route 80 and bordering Boonton Township, an area known for its million-dollar estates. This expansive lot features three separately livable homes a 2-bedroom, a 3-bedroom, and a 4-bedroom offering immediate income potential, or development opportunities.Whether you're looking to generate steady rental cash flow, live in one unit while renting the others, or explore redevelopment in a highly desirable location, this property delivers unmatched versatility. Located in a top-rated school district and close to major highways, shopping, dining, and recreation, this is a smart addition to any portfolio.Sold strictly as-is. buyer responsible for all inspections, certifications, and municipal approvals.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $16,740
Year Built
- Built in 1930 | Remodeled
Lot Details
- 1.25 Acre Lot
- Privacy Fence
- Corner Lot
- Wooded Lot
- Subdivision Possible
Home Design
- Wood Shingle Roof
- Aluminum Siding
- Stone Siding
Bedrooms and Bathrooms
- 9 Bedrooms
- 4 Full Bathrooms
Parking
- 14 Parking Spaces
- Gravel Driveway
Outdoor Features
- Deck
- Patio
Utilities
- Window Unit Cooling System
- Heating System Uses Oil Above Ground
- Standard Electricity
- Well
- Septic System
Additional Features
- Unfinished Basement
Listing and Financial Details
- Assessor Parcel Number 2335-50101-0000-00005-0000-
- Tax Block *
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $16,148 | $652,900 | $198,800 | $454,100 |
| 2023 | $16,148 | $615,400 | $185,600 | $429,800 |
| 2022 | $15,382 | $567,300 | $157,500 | $409,800 |
| 2021 | $15,382 | $542,000 | $150,000 | $392,000 |
| 2020 | $15,077 | $530,700 | $147,500 | $383,200 |
| 2019 | $14,824 | $519,600 | $142,500 | $377,100 |
| 2018 | $14,724 | $507,900 | $146,300 | $361,600 |
| 2017 | $15,110 | $484,000 | $151,300 | $332,700 |
| 2016 | $14,917 | $484,000 | $151,300 | $332,700 |
| 2015 | $14,810 | $484,000 | $151,300 | $332,700 |
| 2014 | $14,535 | $484,000 | $151,300 | $332,700 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/10/2025 07/10/25 | Price Changed | $1,050,000 | -15.9% | -- |
| 07/08/2025 07/08/25 | Price Changed | $1,249,000 | -3.8% | -- |
| 07/01/2025 07/01/25 | For Sale | $1,299,000 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $525,000 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $136,000 | Credit Line Revolving | |
| Closed | $72,500 | Credit Line Revolving | |
| Previous Owner | $399,000 | No Value Available |
Source: Garden State MLS
MLS Number: 3976699
APN: 35-50101-0000-00005
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