220 Gordon St
Roselle Boro, NJ 07203
Price: $464,000
GSMLS: 4057648Type: Multi-Family
Style: 2-Two Story
Total Units: 2
Beds: 2
Baths: 2 Full
Garage: No
Year Built: 1930
Acres: 0.06
Property Tax: $12,677
Description
Well-maintained two-unit multifamily property in Roselle offering an investment opportunity with both units currently tenant occupied and leases in place through October 2027.The first-floor unit features one bedroom and an open living and dining area with abundant natural light and newer laminate flooring throughout. The updated kitchen includes a breakfast bar and newer appliances. Off the dining area, a spacious deck overlooks the backyard and was restored in 2022. The first floor unit also has direct access to the basement, offering extensive storage and laundry facilities.The second-floor unit entrance through shared foyer and features one bedroom, a living area, compact kitchen and newer carpeting throughout. The fenced in flat backyard also has a large shed for additional storage needs. The property has been thoughtfully maintained with several significant updates, including electrical improvements in 2021, a new furnace in 2022, new hot water heaters in 2025, and French drains and a sump pump installed in 2025.Each unit has separate gas and electric utilities. The property owner currently pays for water, sewer and trash removal. With existing leases in place, this property offers an opportunity for an investor seeking a tenant-occupied multifamily property with established rental income from the start of ownership.
General Info
Style:
2-Two Story
SqFt Building:
n/a
Total Rooms:
7
Basement:
Yes - Unfinished
Interior:
Carbon Monoxide Detector, Smoke Detector
Roof:
Asphalt Shingle
Exterior:
Brick, Vinyl Siding
Lot Size:
25X100
Lot Desc:
n/a
Parking
Garage Capacity:
No
Description:
None
Parking:
On-Street Parking
Spaces Available:
n/a
Unit 1
Bedrooms:
1
Bathrooms:
1
Total Rooms:
4
Room Description:
Dining Room, Kitchen, Laundry Room, Living Room, Master Bedroom, Storage
Levels:
1
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
Carbon Monoxide Detector, Dishwasher, Dryer, Microwave Oven, Range/Oven - Gas, Refrigerator, Smoke Detector, Washer
Utilities:
Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat
Handicap:
No
Unit 2
Bedrooms:
1
Bathrooms:
1
Total Rooms:
3
Room Description:
Kitchen, Living Room, Master Bedroom
Levels:
2
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
Carbon Monoxide Detector, Range/Oven - Electric, Refrigerator, Smoke Detector
Utilities:
Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat
Handicap:
No
Unit 3
Bedrooms:
n/a
Bathrooms:
n/a
Total Rooms:
n/a
Room Description:
n/a
Levels:
n/a
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
n/a
Utilities:
n/a
Handicap:
n/a
Unit 4
Bedrooms:
n/a
Bathrooms:
n/a
Total Rooms:
n/a
Room Description:
n/a
Levels:
n/a
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
n/a
Utilities:
n/a
Handicap:
n/a
Utilities
Heating:
2 Units
Heating Fuel:
Electric, Gas-Natural
Cooling:
Window A/C(s)
Water Heater:
n/a
Water:
Public Water
Sewer:
Public Sewer
Utilities:
Electric, Gas-Natural
Services:
Cable TV Available, Fiber Optic Available
School Information
Elementary:
n/a
Middle:
n/a
High School:
n/a
Community Information
County:
Union
Town:
Roselle Boro
Neighborhood:
n/a
Financial Considerations
List Price:
$464,000
Tax Amount:
$12,677
Land Assessment:
$57,000
Build. Assessment:
$81,600
Total Assessment:
$138,600
Tax Rate:
9.15
Tax Year:
2025
Listing Information
MLS ID:
4057648
List Date:
10-08-2026
Days On Market:
5
Listing Broker:
WEICHERT REALTORS
Listing Agent:
John Michael Erdody
Request More Information
Shawn and Diane Fox
RE/MAX American Dream
3108 Route 10 West
Denville, NJ 07834
Call: (973) 277-7853
Web: MorrisCountyLiving.com
