Morris County  »  07054  »  Century Dr  »  5 Century Dr

5 Century Drive, Parsippany, NJ 07054 - Property report

Also known as: 5 Century Dr

Property image for 5 Century Drive, Parsippany, NJ 07054
static Mapbox map

Property type

Commercial (4A)

Year built

1979

Acreage

5.81

Sale price

$10

General information

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Address
Primary address
5 Century Drive
ZIP code
07054
County
Morris
Block
202
Lot
1.6
Municipality
1429
Qualifier
Parcel ID
202-1.6

Owner

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Sales
Sale date
05/04/2017
Sale price
$10
Arm's length
Tax
Tax year
2026
Base tax
$114,802
Current property tax
$117,462
Building
Property type
Commercial (4A)
Building sq. ft.
81,579
Year built
1979
Exterior structural material
Lot
Acreage
5.81
Zoning & Use
Zoning
Qualified opportunity zone

Area overview

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

Ownership information for 5 Century Drive, Parsippany, NJ

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

Sales history for 5 Century 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 #
10/21/2025 - R
10/17/2025 - D
Mortgage XXXX XXXXXXXXXX XXXXX XXX XXXXXXXXXXXXX XXX XXXXXXX XXXXX XX XXXXX
09/26/2025 - R
09/15/2025 - D
Deed and Realty Tax Fees XXXX XXXX XXX XXXXXXXXXX XXXXXX XXX XXXX XXXXXXXXXX XXXXX XXX
01/31/2022 - R
12/22/2021 - D
Mortgage Modification XXXX XXXX XXX XXXXXXXXXX XXXXXX XXX XXXX XXXX XXX XXXXXXXXXX XXXXXX XXX
01/31/2022 - R
12/22/2021 - D
Mortgage Modification XXXX XXXX XXX XXXXXXXXXX XXXXXX XXX XXXX XXXX XXX XXXXXXXXXX XXXXXX XXX
10/26/2020 - R
08/27/2020 - D
Mortgage Modification XXXX XXXX XXX XXXXXXXXXX XXXXXX XXX XXXX XXXX XXX XXXXXXXXXX XXXXXX XXX
10/26/2020 - R
08/27/2020 - D
Mortgage Modification XXXX XXXX XXX XXXXXXXXXX XXXXXX XXX XXXX XXXX XXX XXXXXXXXXX XXXXXX XXX
05/08/2017 - R
05/04/2017 - D
Deed and Realty Tax Fees XXX XXXXXXXXXX XXXXXXXX XXX XXXXX XXX XXXXXXXXXX XXXXXX XXX
07/22/2016 - R
07/14/2016 - D
Deed and Realty Tax Fees XXXXXXXXXX X/X XXXX XXX/X XXXX XXX XXX XXXXXXXXXX XXXXXXXX XXX/XXXXX
01/19/2005 - R
12/23/2004 - D
Deed and Realty Tax Fees X,X & X XXXXXXXXXX, XXX XXXX-XXXX XXXXXXXXXX X/X XXXXXX,XXXXXXX-XXXX
12/23/2004 - R
12/20/2004 - D
Deed and Realty Tax Fees X XXXXXXX XXX, XXX XXX XXXX XX X,X & X XXXXXXXXXX, XXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Property taxes for 5 Century 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
$114,802
Current property tax
$117,462
Recent tax assessments
Market value
$5,215,900
Land value
$2,646,000
Building value
$2,569,900

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 $5,215,900 $5,215,900 2.201 $114,802 -39.96%
2024 $5,665,900 $5,665,900 3.375 $191,224 +1.90%
2023 $5,665,900 $5,665,900 3.312 $187,655 +2.51%
2022 $5,665,900 $5,665,900 3.231 $183,065 +4.36%
2021 $5,665,900 $5,665,900 3.096 $175,416 +2.18%
2020 $5,665,900 $5,665,900 3.03 $171,677 +2.78%
2019 $5,665,900 $5,665,900 2.948 $167,031 +1.20%
2018 $5,665,900 $5,665,900 2.913 $165,048 +3.37%
2017 $5,665,900 $5,665,900 2.818 $159,665 +1.77%
2016 $5,665,900 $5,665,900 2.769 $156,889 +2.59%

Permit information for 5 Century Drive, Parsippany, NJ

Issued date Permit number Permit type Sub type Valuation Finaled date Status
02/14/2025
10/15/2024
08/20/2024

*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 5 Century 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 5 Century Drive, Parsippany, NJ 07054?

The development at 5 Century Drive, Parsippany, NJ 07054 was built in 1979.

What is the total square footage of 5 Century Drive, Parsippany, NJ 07054?

5 Century Drive, Parsippany, NJ 07054 has a total of 81,579 square feet.

When was 5 Century Drive, Parsippany, NJ 07054 last sold and what was the sale price?

5 Century Drive, Parsippany, NJ 07054 was last sold on 05/04/2017 for $10.

What is the assessed value of 5 Century Drive, Parsippany, NJ 07054?

5 Century Drive, Parsippany, NJ 07054 is currently assessed at $5,215,900.

What are the property taxes for 5 Century Drive, Parsippany, NJ 07054?

The property taxes for 5 Century Drive, Parsippany, NJ 07054 total $114,801.

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