Morris County  »  07054  »  Gatehall Dr  »  2 Gatehall Dr

2 Gatehall Drive, Parsippany, NJ 07054 - Property report

Also known as: 2 Gatehall Dr

Property image for 2 Gatehall Drive, Parsippany, NJ 07054
static Mapbox map

Property type

Commercial (4A)

Year built

1985

Acreage

19.062

Sale price

$21,000,000

General information

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Access up-to-date information from property owner names to sales history, deeds, tax info, mortgages, development data, planimetric maps and more.

Address
Primary address
2 Gatehall Drive
Alternate address(es)
2 Gatehall Corporate Ctr
ZIP code
07054
County
Morris
Block
175
Lot
55
Municipality
1429
Qualifier
Parcel ID
175-55

Owner

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Sales
Sale date
04/30/2026
Sale price
$21,000,000
Arm's length
Tax
Tax year
2026
Base tax
$519,236
Current property tax
$524,190
Building
Property type
Commercial (4A)
Building sq. ft.
405,000
Year built
1985
Exterior structural material
Lot
Acreage
19.062
Zoning & Use
Zoning
Qualified opportunity zone

Area overview

Walk score
31 /100.  Car-Dependent
Transit score
0 /100.  Minimal Transit
Bike score
34 /100.  Somewhat Bikeable
Broadband internet providers and speed map
Types of broadband connections

Ownership information for 2 Gatehall Drive, Parsippany, NJ

Property owner name
Registered owner
Source
Deed
Owner contact information
Phone number
Owner address

Sales history for 2 Gatehall Drive, Parsippany, NJ 07054

*Most recent sales on record for this property.

More about Morris County property records.

Title documents

Date Type Amount Party 1 Party 2 Doc #
05/04/2026 - R
04/30/2026 - D
Deed and Realty Tax Fees XXX XXXXXXXX XX XXX XXXXXXX XXXX
01/21/2025 - R
12/09/2024 - D
Mortgage XXX XXXXXXXX XX XXX XXX X XXX
01/21/2025 - R
12/09/2024 - D
Deed and Realty Tax Fees XXXXXXX XXXXX XXXXXXXX XXX XXX XXXXXXXX XX XXX
03/02/2020 - R
02/28/2020 - D
Assignment XXXXXXX XXXXX XXXXXXXXX XXX XXXXXXXX XXXXXXXX XXXX
03/02/2020 - R
02/28/2020 - D
Mortgage XXXXXXX XXXXX XXXXXXXXX XXX XXXXXXXX XXXXXXXX XXXX
04/10/2019 - R
04/09/2019 - D
Assignment XXXXXXX XXXXX XXXXXXXX XXX XXXXXXXX XXXXXXXX XXXX
04/10/2019 - R
04/09/2019 - D
Mortgage XXXXXXX XXXXX XXXXXXXX XXX XXXXXXXX XXXXXXXX XXXX
09/28/2018 - R
06/29/2018 - D
Mortgage Modification XXXXXXX XXXXX XXXXXXXX XXX XXXXXXX XXXXX XXXXXXXX XXX
09/28/2018 - R
06/29/2018 - D
Mortgage Modification XXXXXXX XXXXX XXXXXXXX XXX XXXXXXX XXXXX XXXXXXXX XXX
12/29/2015 - R
12/21/2015 - D
Deed and Realty Tax Fees XXXXXXXX-XXXXX-XXXXX XXXXX XXX X XXXXXXXX XXX XXX-XXXXX XXXXXXXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Property taxes for 2 Gatehall Drive, Parsippany, NJ

Property tax data includes tax amount, market value and assessed value, exemptions, abatements and assessment history.

Current property tax
Tax year
2026
Base tax
$519,236
Current property tax
$524,190
Recent tax assessments
Market value
$23,590,900
Land value
$17,155,800
Building value
$6,435,100

Assessment history

See the assessment and property tax history, including the evolution of the total tax rate and corresponding property tax amount.

Tax year Market value Assessed value Tax rate Property tax Y-o-Y change
2025 $23,590,900 $23,590,900 2.201 $519,236 -62.18%
2024 $40,677,800 $40,677,800 3.375 $1,372,876 +1.90%
2023 $40,677,800 $40,677,800 3.312 $1,347,249 +2.51%
2022 $40,677,800 $40,677,800 3.231 $1,314,300 +4.36%
2021 $40,677,800 $40,677,800 3.096 $1,259,385 +2.18%
2020 $40,677,800 $40,677,800 3.03 $1,232,537 +2.78%
2019 $40,677,800 $40,677,800 2.948 $1,199,182 +1.10%
2018 $40,677,800 $40,677,800 2.916 $1,186,165 +3.48%
2017 $40,677,800 $40,677,800 2.818 $1,146,300 +1.77%
2016 $40,677,800 $40,677,800 2.769 $1,126,368 +2.59%

Permit information for 2 Gatehall Drive, Parsippany, NJ

Issued date Permit number Permit type Sub type Valuation Finaled date Status
05/16/2025
01/12/2024

*Most recent permits on record for this property.

Demographics by ZIP code

Total population
29,480
Median age
41.8
Average household income
$140,505
Family households
63.9%
People per household (average)
2.39
Occupied housing units
12,252
Owner-occupied units
49.7%
Median year structure built
1969
Median value mortgaged units
$592,600
Median value unmortgaged units
$576,200

Risk

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FEMA flood zones

FEMA flood zones
-

Fire hazard zones

Geohazard zones map

Transportation

Daily traffic map

Access the detailed traffic volume map for 2 Gatehall Drive, Parsippany, NJ 07054 to see estimated average daily traffic on streets surrounding the property as well as the types of properties in its vicinity.

Frequently asked questions

What is the year built for 2 Gatehall Drive, Parsippany, NJ 07054?

The development at 2 Gatehall Drive, Parsippany, NJ 07054 was built in 1985.

What is the total square footage of 2 Gatehall Drive, Parsippany, NJ 07054?

2 Gatehall Drive, Parsippany, NJ 07054 has a total of 405,000 square feet.

When was 2 Gatehall Drive, Parsippany, NJ 07054 last sold and what was the sale price?

2 Gatehall Drive, Parsippany, NJ 07054 was last sold on 04/30/2026 for $21,000,000.

What is the assessed value of 2 Gatehall Drive, Parsippany, NJ 07054?

2 Gatehall Drive, Parsippany, NJ 07054 is currently assessed at $23,590,900.

What are the property taxes for 2 Gatehall Drive, Parsippany, NJ 07054?

The property taxes for 2 Gatehall Drive, Parsippany, NJ 07054 total $519,235.

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