Morris County  »  07054  »  Sylvan Way  »  4 Sylvan Way

4 Sylvan Way, Parsippany, NJ 07054 - Property report

Also known as: 4 Sylvan Way

Property image for 4 Sylvan Way, Parsippany, NJ 07054
static Mapbox map

Property type

Commercial (4A)

Year built

1984

Acreage

7.83

Sale price

$13,250,000

General information

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Address
Primary address
4 Sylvan Way
ZIP code
07054
County
Morris
Block
202
Lot
1.10
Municipality
1429
Qualifier
Parcel ID
202-1.10

Owner

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Sales
Sale date
11/07/2019
Sale price
$13,250,000
Arm's length
Tax
Tax year
2026
Base tax
$236,018
Current property tax
$241,486
Building
Property type
Commercial (4A)
Building sq. ft.
103,320
Year built
1984
Exterior structural material
Lot
Acreage
7.83
Zoning & Use
Zoning
Qualified opportunity zone

Area overview

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

Ownership information for 4 Sylvan Way, Parsippany, NJ

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

Sales history for 4 Sylvan Way, Parsippany, NJ 07054

More about Morris County property records.

Title documents

Date Type Amount Party 1 Party 2 Doc #
12/30/2019 - R
11/07/2019 - D
Assignment XXXX XXXXXX XXX XXX XX XXXX XX
12/30/2019 - R
11/07/2019 - D
Mortgage XXXX XXXXXX XXX XXX XX XXXX XX
12/30/2019 - R
11/07/2019 - D
Deed and Realty Tax Fees XXXXX XXX XXXXXXXX XXXX-X XXXXXXX XXXX XXXXXX XXX XXXX XXXXXX XXX XXX
06/15/2015 - R
06/11/2015 - D
Deed and Realty Tax Fees X XXXXXX XXX XXX XXXXX XXXX-XXX X XXXXXX XXX XXXXX
08/12/2004 - R
07/30/2004 - D
Deed and Realty Tax Fees XX/XX XX XXX X, XXXXXX XXXX XX X XXXXXX XXX XXX XXX XXXX XX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Property taxes for 4 Sylvan Way, 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
$236,018
Current property tax
$241,486
Recent tax assessments
Market value
$10,723,200
Land value
$4,698,000
Building value
$6,025,200

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 $10,723,200 $10,723,200 2.201 $236,018 -34.79%
2024 $10,723,200 $10,723,200 3.375 $361,908 +1.90%
2023 $10,723,200 $10,723,200 3.312 $355,152 +2.51%
2022 $10,723,200 $10,723,200 3.231 $346,467 -15.76%
2021 $13,284,800 $13,284,800 3.096 $411,297 +2.18%
2020 $13,284,800 $13,284,800 3.03 $402,529 -7.65%
2019 $14,784,800 $14,784,800 2.948 $435,856 +24.59%
2018 $12,009,200 $12,009,200 2.913 $349,828 +3.37%
2017 $12,009,200 $12,009,200 2.818 $338,419 +1.77%
2016 $12,009,200 $12,009,200 2.769 $332,535 +2.59%

Permit information for 4 Sylvan Way, Parsippany, NJ

Issued date Permit number Permit type Sub type Valuation Finaled date Status
06/24/2025
06/13/2025
04/17/2025
02/12/2025

*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

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Frequently asked questions

What is the year built for 4 Sylvan Way, Parsippany, NJ 07054?

The development at 4 Sylvan Way, Parsippany, NJ 07054 was built in 1984.

What is the total square footage of 4 Sylvan Way, Parsippany, NJ 07054?

4 Sylvan Way, Parsippany, NJ 07054 has a total of 103,320 square feet.

When was 4 Sylvan Way, Parsippany, NJ 07054 last sold and what was the sale price?

4 Sylvan Way, Parsippany, NJ 07054 was last sold on 11/07/2019 for $13,250,000.

What is the assessed value of 4 Sylvan Way, Parsippany, NJ 07054?

4 Sylvan Way, Parsippany, NJ 07054 is currently assessed at $10,723,200.

What are the property taxes for 4 Sylvan Way, Parsippany, NJ 07054?

The property taxes for 4 Sylvan Way, Parsippany, NJ 07054 total $236,017.

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