Morris County  »  07054  »  Cherry Hill Rd  »  199 Cherry Hill Rd

199 Cherry Hill Road, Parsippany, NJ 07054 - Property report

Also known as: 199 Cherry Hill Rd

Property image for 199 Cherry Hill Road, Parsippany, NJ 07054
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Property type

Commercial (4A)

Year built

1970

Acreage

2.4

Sale price

$2,925,000

General information

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Address
Primary address
199 Cherry Hill Road
ZIP code
07054
County
Morris
Block
411
Lot
15
Municipality
1429
Qualifier
Parcel ID
411-15

Owner

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Sales
Sale date
09/23/2010
Sale price
$2,925,000
Arm's length
Tax
Tax year
2026
Base tax
$50,447
Current property tax
$51,616
Building
Property type
Commercial (4A)
Building sq. ft.
56,576
Year built
1970
Exterior structural material
Lot
Acreage
2.4
Zoning & Use
Zoning
Qualified opportunity zone

Area overview

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

Ownership information for 199 Cherry Hill Road, Parsippany, NJ

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

Sales history for 199 Cherry Hill Road, Parsippany, NJ 07054

Sale date Sale price Buyer name Seller name
09/23/2010 $2,925,000 XXX XXXXXX XXXX XXXX XXX XXX XXXXXX XXX
11/29/2005 $9,500,000 XXX XXXXXX, XXX XXX XXXXXX XXXX XXXX, XXX
10/29/1998 $3,250,000

*Most recent sales on record for this property.

More about Morris County property records.

Title documents

Date Type Amount Party 1 Party 2 Doc #
10/05/2010 - R
09/23/2010 - D
Deed and Realty Tax Fees XXX XXXXXX XXX XXX XXXXXX XXXX XXXX XXX
12/05/2005 - R
11/29/2005 - D
Deed and Realty Tax Fees XXX XXXXXX XXXX XXXX, XXX XXX XXXXXX, XXX
10/29/1998 - D Deed and Realty Tax Fees

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Property taxes for 199 Cherry Hill 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
$50,447
Current property tax
$51,616
Recent tax assessments
Market value
$2,292,000
Land value
$1,440,000
Building value
$852,000

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 $2,292,000 $2,292,000 2.201 $50,447 -34.79%
2024 $2,292,000 $2,292,000 3.375 $77,355 +1.90%
2023 $2,292,000 $2,292,000 3.312 $75,911 +2.51%
2022 $2,292,000 $2,292,000 3.231 $74,055 +4.36%
2021 $2,292,000 $2,292,000 3.096 $70,960 +2.18%
2020 $2,292,000 $2,292,000 3.03 $69,448 +2.78%
2019 $2,292,000 $2,292,000 2.948 $67,568 +1.20%
2018 $2,292,000 $2,292,000 2.913 $66,766 +3.37%
2017 $2,292,000 $2,292,000 2.818 $64,589 +1.77%
2016 $2,292,000 $2,292,000 2.769 $63,465 +2.59%

Permit information for 199 Cherry Hill 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

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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 199 Cherry Hill Road, Parsippany, NJ 07054?

The development at 199 Cherry Hill Road, Parsippany, NJ 07054 was built in 1970.

What is the total square footage of 199 Cherry Hill Road, Parsippany, NJ 07054?

199 Cherry Hill Road, Parsippany, NJ 07054 has a total of 56,576 square feet.

When was 199 Cherry Hill Road, Parsippany, NJ 07054 last sold and what was the sale price?

199 Cherry Hill Road, Parsippany, NJ 07054 was last sold on 09/23/2010 for $2,925,000.

What is the assessed value of 199 Cherry Hill Road, Parsippany, NJ 07054?

199 Cherry Hill Road, Parsippany, NJ 07054 is currently assessed at $2,292,000.

What are the property taxes for 199 Cherry Hill Road, Parsippany, NJ 07054?

The property taxes for 199 Cherry Hill Road, Parsippany, NJ 07054 total $50,446.

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