Morris County  »  07054  »  Parsippany Rd  »  261 Parsippany Rd

261 Parsippany Road, Parsippany, NJ 07054 - Property report

Also known as: 261 Parsippany Rd

Property image for 261 Parsippany Road, Parsippany, NJ 07054
static Mapbox map

Property type

Commercial (4A)

Year built

1955

Acreage

0.211

Sale price

$700,000

General information

Unlock this property report with a free account

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
261 Parsippany Road
ZIP code
07054
County
Morris
Block
376
Lot
11.1
Municipality
1429
Qualifier
Parcel ID
376-11.1

Owner

Find out who owns 261 Parsippany Road, Parsippany, NJ 07054. Uncover corporate and individual owners with a free account.

Sales
Sale date
08/23/2022
Sale price
$700,000
Arm's length
Tax
Tax year
2026
Base tax
$9,982
Current property tax
$10,480
Building
Property type
Commercial (4A)
Year built
1955
Exterior structural material
Lot
Acreage
0.211
Zoning & Use
Zoning
Qualified opportunity zone

Area overview

Walk score
65 /100.  Somewhat Walkable
Transit score
0 /100.  Minimal Transit
Bike score
40 /100.  Somewhat Bikeable
Broadband internet providers and speed map
Types of broadband connections

Ownership information for 261 Parsippany Road, Parsippany, NJ

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

Sales history for 261 Parsippany Road, Parsippany, NJ 07054

Sale date Sale price Buyer name Seller name
08/23/2022 $700,000 XXXXXXXX XXXXXX XXXXXXXXXXX XXX X&X XXXX XXX
11/27/2018 $1,200,000 X & X XXXXXXXXXX XXX; X & X XXXX XXX XXXX XXX XXXXXX XXX
06/30/2014 $990,000 XXXX XXX XXXXXX XXX XXXXXXX XXXXXX XXX

*Most recent sales on record for this property.

More about Morris County property records.

Title documents

Date Type Amount Party 1 Party 2 Doc #
05/01/2024 - R
04/30/2024 - D
Mortgage XXXXXXXX XXXXXX XXXXXXXXXXX XXX XXXXXXX XXXX
10/11/2022 - R
08/23/2022 - D
Deed and Realty Tax Fees X&X XXXX XXX XXXXXXXX XXXXXX XXXXXXXXXXX XXX
02/07/2019 - R
11/27/2018 - D
Assignment X & XXXXXXXXXX XXX XXXXX XXXX XXXX XX
02/07/2019 - R
11/27/2018 - D
Mortgage X & X XXXXXXXXXX XXX XXXXX XXXX XXXX XX
01/24/2019 - R
11/27/2018 - D
Assignment X & X XXXXXXXXXX XXX XXXXX XXXX XXXX XX
01/24/2019 - R
11/27/2018 - D
Mortgage XXX XXXXXX XXXXXXXXXX XXX XXXXX XXXX XXXX
01/24/2019 - R
11/27/2018 - D
Mortgage X & X XXXXXXXXXX XXX XXXXX XXXX XXXX XX
01/24/2019 - R
11/27/2018 - D
Deed and Realty Tax Fees XXXX XXX XXXXXX XXX X & X XXXXXXXXXX XXX
07/07/2014 - R
06/30/2014 - D
Deed and Realty Tax Fees XXXXXXX XXXXXX XXX XXXX XXX XXXXXX XXX
01/10/2005 - R
12/30/2004 - D
Deed and Realty Tax Fees XXXXXX, XXXXXX X XXXXXXX XXXXXX, XXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Property taxes for 261 Parsippany Road, 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
$9,982
Current property tax
$10,480
Recent tax assessments
Market value
$453,500
Land value
$264,000
Building value
$189,500

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 $453,500 $453,500 2.201 $9,982 -34.79%
2024 $453,500 $453,500 3.375 $15,306 +1.90%
2023 $453,500 $453,500 3.312 $15,020 +2.51%
2022 $453,500 $453,500 3.231 $14,653 +4.36%
2021 $453,500 $453,500 3.096 $14,040 +2.18%
2020 $453,500 $453,500 3.03 $13,741 +18.00%
2019 $395,000 $395,000 2.948 $11,645 +0.10%
2018 $395,000 $395,000 2.945 $11,633 +4.51%
2017 $395,000 $395,000 2.818 $11,131 +1.77%
2016 $395,000 $395,000 2.769 $10,938 +2.59%

Permit information for 261 Parsippany Road, Parsippany, NJ

No recently recorded permits 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

Create a free account to unlock expanded risk information, such as crime incidents in the area, tsunami and landslides risks, or its location relative to FEMA flood zones and the Coastal Barriers Resources System Area (COBRA).

FEMA flood zones

FEMA flood zones
-

Fire hazard zones

Geohazard zones map

Transportation

Daily traffic map

Access the detailed traffic volume map for 261 Parsippany Road, 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 261 Parsippany Road, Parsippany, NJ 07054?

The development at 261 Parsippany Road, Parsippany, NJ 07054 was built in 1955.

When was 261 Parsippany Road, Parsippany, NJ 07054 last sold and what was the sale price?

261 Parsippany Road, Parsippany, NJ 07054 was last sold on 08/23/2022 for $700,000.

What is the assessed value of 261 Parsippany Road, Parsippany, NJ 07054?

261 Parsippany Road, Parsippany, NJ 07054 is currently assessed at $453,500.

What are the property taxes for 261 Parsippany Road, Parsippany, NJ 07054?

The property taxes for 261 Parsippany Road, Parsippany, NJ 07054 total $9,981.

Disclaimer

Copyright 2003-2026 by PropertyShark.com

All data comes from government sources. No attempt has been made to validate it. No attempt has been made to validate the accuracy of the programming of this website.

Do not rely on this report to support investment decisions. The only authoritative source for the information in this report is the government agencies from which the data was acquired.

Sign up for a free account