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5 Century Drive, Parsippany, NJ 07054 Property Information

5 Century Drive, Parsippany, NJ 07054 Property Information

  • General
  • Owner
  • Documents
  • Tax
  • Neighborhood
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5 Century Drive, Parsippany, NJ 07054
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Address

Primary address 5 Century Drive, Parsippany
Zip code 07054
County Morris
Municipality Parsippany Tr Hls Township
Block 202
Lot 1.6

Sales & Tax Overview for 5 Century Drive, Parsippany

View detailed information on past sales, title documents and property taxes, including the assessed market value, in their dedicated tabs.

Sale date 05/04/2017
Sale price $10
Arm's length
Current property tax $117,462

Lot & Building Information for 5 Century Drive, Parsippany

Building sqft 81,579
Building class Commercial (4A)
Acreage 5.81
Year built 1979
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Zoning, Use & Area Overview

Walk Score
Transit Score
Bike Score


Zoning district
Broadband internet providers and speed map
Types of broadband connections map

View more neighborhood information such as transportation, nearby schools and risk designations in the dedicated tab.

Other Property Data for 5 Century Drive, Parsippany

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  • • Improvements for 5 Century Drive, Parsippany , including their type, square footage, grade and when they were built.
  • Development maps such as planimetric, zoning, land use and urban landscape maps (building age and stories).
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About 5 Century Drive, Parsippany

What is the year built & the total sq. ft. for 5 Century Drive, Parsippany, NJ 07054?

5 Century Drive, Parsippany, NJ 07054 was built in 1979 and has a total of 81,579 square feet.

What is the assessed value of 5 Century Drive, Parsippany, NJ 07054 and the property tax paid?

Assessed at $5,215,900, the tax amount paid for 5 Century Drive, Parsippany, NJ 07054 is $114,801.

When was 5 Century Drive, Parsippany, NJ 07054 last sold?

5 Century Drive, Parsippany, NJ 07054 was last sold in 09/15/2025.

Ownership Information

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Spaces for Lease in 5 Century Drive, Parsippany

Century Office Campus - 5 Century Drive
Listing type For Lease
Listing date 10/10/2016
Last updated 04/17/2026
Lot size 5.81 Acre
View Listing

Brokers

John G. Osborne
Isabel Freire
Spaces
Suite name Space type Lease rate Available space Brokers
#350 General Office $24/Sq. ft./Year 20,273 John G. Osborne
Isabel Freire
Active Listings For This Property:
For Lease Century Office Campus - 5 Century Drive
Century Office Campus - 5 Century Drive
5 Century Drive, Parsippany
Property General Office
Availability 1 Spaces listed / 20273 Sqft
Price $24/Sq. ft./Year
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Past Sales & Property History for 5 Century Drive, Parsippany

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Purchase date Purchase price Buyer name Seller name
05/04/2017 $10
07/14/2016 $15,000,000
12/23/2004 $99
       
       
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*Here are the three most recent sales for this property.


Title Documents for 5 Century Drive, Parsippany

To view the complete history of deeds, mortgages, assignments of leases and rents, and more, sign up for free. Available data goes back to 1966.

Date Type Amount Party 1 Party 2 Maturity Index Document Related documents Doc image
10/21/2025 - R
10/17/2025 - D
Mortgage
09/26/2025 - R
09/15/2025 - D
Deed and Realty Tax Fees
01/31/2022 - R
12/22/2021 - D
Mortgage Modification
01/31/2022 - R
12/22/2021 - D
Mortgage Modification
10/26/2020 - R
08/27/2020 - D
Mortgage Modification
10/26/2020 - R
08/27/2020 - D
Mortgage Modification
05/08/2017 - R
05/04/2017 - D
Deed and Realty Tax Fees
07/22/2016 - R
07/14/2016 - D
Deed and Realty Tax Fees
01/19/2005 - R
12/23/2004 - D
Deed and Realty Tax Fees
12/23/2004 - R
12/20/2004 - D
Deed and Realty Tax Fees
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R: Recorded date
D: Document date

Property Taxes for 5 Century Drive, Parsippany

Access detailed property tax data for 5 Century Drive, Parsippany, NJ 07054. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.

Tax year: 2025
Base tax $114,802
Current property tax $117,462
Market value $5,215,900

Assessment History for 5 Century Drive, Parsippany

Here's the assessment & property tax history for 5 Century Drive, Parsippany, including the evolution of the total tax rate and corresponding property tax.

Year Market value Assessment value Total tax rate Property tax Year over year 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%

Demographics by Zip Code

Total population 29,480
Median age 41.8
Average household income $140,505
Family households 63.9%
Occupied housing units 12,252
Owner occupied units 49.7%
People per household (average) 2.39
Median year structure built 1969
Median value for units with a mortgage $592,600
Median value for units without a mortgage $576,200

Risk

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Fire hazard zone See more on map
Geohazard zones map

Transportation

Access the detailed traffic volume map for 5 Century Drive, Parsippany to see estimated average daily traffic on streets surrounding the property as well as the types of properties in its vicinity.

View daily traffic map

Neighbors for 5 Century Drive, Parsippany

Here are the neighbors for 5 Century Drive, Parsippany.

Address Square feet Purchase date Purchase price
3 Century Dr, Parsippany 68,203 05/12/1999 $270,000
7 Century Dr, Parsippany 67,817 03/08/2002 $6,625,000
4 Campus Dr, Parsippany 142,524 09/15/2020 $11,308,000
1 Century Dr, Parsippany 37,906 12/17/1986 $4,500,000
8 Sylvan Way, Parsippany 96,576 02/27/2012 $52,964,095
4 Century Dr, Parsippany 96,368 09/15/2025
1860 Route 10, Parsippany 3,229 12/13/2019 $14,500
16 White Birch Dr, Morris Plains 1,044 07/07/2003 $335,000
239 Johnson Rd, Morris Plains 1,587 10/18/2013 $310,000
4 Sylvan Way, Parsippany 103,320 11/07/2019 $13,250,000
1633 Littleton Rd, Parsippany 54,000 11/01/2002 $11,350,000
6 Campus Dr, Parsippany 142,524 09/15/2020 $9,570,000
15 White Birch Dr, Morris Plains 2,168 04/05/2007 $545,000
14 White Birch Dr, Morris Plains 1,440 11/18/2022 $532,500
2 Sylvan Way, Parsippany 54,183 11/07/2019 $13,250,000
10 Sylvan Way, Parsippany 133,004 12/16/2016 $44,000,000
8 Campus 7 Sylvan, Parsippany 203,590 03/02/2022 $10
6 Century Dr, Parsippany 96,368 09/15/2025
12 White Birch Dr, Morris Plains 1,080 05/02/2005 $402,000

Nearby ZIP Codes for 5 Century Drive, Parsippany

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