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199 Cherry Hill Road, Parsippany, NJ 07054 Property Information

199 Cherry Hill Road, Parsippany, NJ 07054 Property Information

  • General
  • Owner
  • Documents
  • Tax
  • Neighborhood
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199 Cherry Hill Road, Parsippany, NJ 07054
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Address

Primary address 199 Cherry Hill Road, Parsippany
Zip code 07054
County Morris
Municipality Parsippany Tr Hls Township
Block 411
Lot 15

Sales & Tax Overview for 199 Cherry Hill Road, Parsippany

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Sale date 09/23/2010
Sale price $2,925,000
Arm's length
Current property tax $78,157

Lot & Building Information for 199 Cherry Hill Road, Parsippany

Building sqft 56,576
Building class Commercial (4A)
Acreage 2.4
Year built 1970
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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

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Other Property Data for 199 Cherry Hill Road, Parsippany

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About 199 Cherry Hill Road, Parsippany

What is the year built & the total sq. ft. for 199 Cherry Hill Road, Parsippany, NJ 07054?

199 Cherry Hill Road, Parsippany, NJ 07054 was built in 1970 and has a total of 56,576 square feet.

What is the assessed value of 199 Cherry Hill Road, Parsippany, NJ 07054 and the property tax paid?

Assessed at $2,292,000, the tax amount paid for 199 Cherry Hill Road, Parsippany, NJ 07054 is $50,446.

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

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

Ownership Information

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Real Estate Reports:
Laura Pop-Badiu, May 07, 2026 Locked-In Owners, Mobile Renters: Homeowners Stay Put as Renters Move 3.7x More Across Largest U.S. Cities 
Renters became the primary drivers of long-distance mobility across the largest U.S. cities, moving 3.7 times more than owners in 2024, as high mortgage rates and housing costs kept many homeowners in place.
Eliza Theiss, Apr 23, 2026 $4.6M Hudson Yards Maintains Top Spot, Luxury Sales in Malba Set $2.5M Price Record for Queens
Despite prices declining, Hudson Yards remained the most expensive NYC neighborhood, but TriBeCa’s growth closed the gap to under $400,000, while Malba set a new historic price record for Queens at $2.5 million, securing the highest ranking ever for the borough at #5.
Eliza Theiss, Apr 15, 2026 2026 Q1 Foreclosure Report: Brooklyn Filings Fall Sharply, Bronx & Staten Island Hit New Peaks
Behind a deceptively mild citywide downtick, borough foreclosure markets pulled into significantly diverging paths as Brooklyn cases were nearly halved and the Bronx hit a new, record high. Meanwhile, Queens remained unchanged, Staten Island surged back up and Manhattan cooled slowly.
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Past Sales & Property History for 199 Cherry Hill Road, Parsippany

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Purchase date Purchase price Buyer name Seller name
09/23/2010 $2,925,000
11/29/2005 $9,500,000
10/29/1998 $3,250,000
       
       
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*Here are the three most recent sales for this property.


Title Documents for 199 Cherry Hill Road, Parsippany

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Date Type Amount Party 1 Party 2 Maturity Index Document Related documents Doc image
09/23/2010 - D
10/05/2010 - R
Deed and Realty Tax Fees
11/29/2005 - D
12/05/2005 - R
Deed and Realty Tax Fees
10/29/1998 - D Deed and Realty Tax Fees
                   
                   
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R: Recorded date
D: Document date

Property Taxes for 199 Cherry Hill Road, Parsippany

Access detailed property tax data for 199 Cherry Hill Road, Parsippany, NJ 07054. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.

Tax year: 2025
Base tax $77,355
Current property tax $78,157
Market value $2,292,000

Assessment History for 199 Cherry Hill Road, Parsippany

Here's the assessment & property tax history for 199 Cherry Hill Road, 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
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%

Demographics By Zip Code

Total population 30,139
Median age 41
Average household income $138,520
Family households 64.9%
Occupied housing units 12,134
Owner occupied units 49.9%
Average number of people per household 2
Median year structure built 1969
Median value for units with a mortgage $580,900
Median value for units without a mortgage $541,800

Risk

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Fire hazard zone See more on map
Geohazard zones map

Transportation

Access the detailed traffic volume map for 199 Cherry Hill Road, Parsippany to see estimated average daily traffic on streets surrounding the property as well as the types of properties in its vicinity.

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Neighbors for 199 Cherry Hill Road, Parsippany

Here are the neighbors for 199 Cherry Hill Road, Parsippany.

Address Square feet Purchase date Purchase price
3469 Route 46, Parsippany 23,719 03/25/2022 $6,640,000
3299 Route 46, Parsippany 13,652
3129 Route 46, Parsippany 2,340 12/31/2007 $10
205 Cherry Hill Rd, Parsippany 6,872 12/06/1996 $1
9 Grecian St, Parsippany 1,610 11/16/2015 $360,000
3159 Route 46, Parsippany 14,920 10/17/2013 $9,250,000
15 Grecian St, Parsippany 2,071 11/10/2015 $412,000
7 Grecian St, Parsippany 2,011 12/13/2024 $726,000
119 Cherry Hill Rd, Parsippany 89,314 12/23/2019 $10,525,000
3419 Route 46, Parsippany 17,572 04/11/2019 $1
1 Grecian St, Parsippany 2,316 06/06/2017 $460,000
3379 Route 46, Parsippany 1 07/30/2002 $10
3339 Route 46, Parsippany 34,364
3219 Route 46, Parsippany 57,959 06/24/2003 $4,600,000
299 Cherry Hill Rd, Parsippany 76,260 01/13/2025 $40,206,000
11 Grecian St, Parsippany 1,556 05/04/1990 $198,500
3 Grecian St, Parsippany 2,254 07/16/2019 $467,001
99 Cherry Hill Rd, Parsippany 86,430 12/23/2019 $10,525,000
5 Grecian St, Parsippany 2,071 03/26/2020 $498,000
7 Trojan Ave, Parsippany 2,924 10/16/2019 $555,000

Nearby ZIP Codes for 199 Cherry Hill Road, Parsippany

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