Morris County  »  07054  »  Cherry Hill Rd  »  99 Cherry Hill Rd

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

Also known as: 99 Cherry Hill Rd

Property image for 99 Cherry Hill Road, Parsippany, NJ 07054
static Mapbox map

Property type

Commercial (4A)

Year built

1981

Acreage

8.832

Sale price

$10,525,000

General information

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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
99 Cherry Hill Road
ZIP code
07054
County
Morris
Block
411
Lot
16.1
Municipality
1429
Qualifier
Parcel ID
411-16.1

Owner

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Sales
Sale date
12/23/2019
Sale price
$10,525,000
Arm's length
Tax
Tax year
2026
Base tax
$149,668
Current property tax
$153,136
Building
Property type
Commercial (4A)
Building sq. ft.
86,430
Year built
1981
Exterior structural material
Lot
Acreage
8.832
Zoning & Use
Zoning
Qualified opportunity zone

Area overview

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

Ownership information for 99 Cherry Hill Road, Parsippany, NJ

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

Sales history for 99 Cherry Hill Road, Parsippany, NJ 07054

Sale date Sale price Buyer name Seller name
12/23/2019 $10,525,000 XXXXXX XXXX XXXXXXXXX XXX XXX XXXX XXXX XXXXXX XXXX XXXX XXX XXX; XXX XXXXXX XXXX XXXXXX XXXX XXXX XXX XXX

*Most recent sale on record for this property.

More about Morris County property records.

Title documents

Date Type Amount Party 1 Party 2 Doc #
12/03/2021 - R
10/18/2021 - D
Assignment XXXXXX XXXX XXXXXXXXX XXX XXXX XXXXXXXXX XXXX
12/03/2021 - R
10/18/2021 - D
Mortgage XXXXXX XXXX XXXXXXXXX XXX XXXX XXXXXXXXX XXXX
01/28/2020 - R
01/13/2020 - D
Assignment XXXXX XXXXXXX XXX XXXXXX XXXX XXXXXXXX XXX
01/28/2020 - R
01/13/2020 - D
Assignment XXXXX XXXXXXX XXX XXXXXX XXXX XXXXXXXX XXX
01/17/2020 - R
12/23/2019 - D
Mortgage XXXXXX XXXX XXXXXXXXX XXX XXXXX XXXXXXX XXX
01/17/2020 - R
12/23/2019 - D
Assignment XXXXXX XXXX XXXXXXXXX XXXX XXXXX XXXXXXX XXX
01/17/2020 - R
12/23/2019 - D
Mortgage XXXXXX XXXX XXXXXXXXX XXX XXXXX XXXXXXX XXX
01/17/2020 - R
12/23/2019 - D
Deed and Realty Tax Fees XXX XXXX XXXX XXXXXX XXXX XXXX XXX XXX XXXXXX XXXX XXXXXXXXX XXX
07/21/2005 - R
06/23/2005 - D
Deed and Realty Tax Fees XXXXXXX XXXXXXXXX XXXXXXXXXXX XX XX XX XXXXXX XXXX XXXX XXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Property taxes for 99 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
$149,668
Current property tax
$153,136
Recent tax assessments
Market value
$6,800,000
Land value
$4,799,200
Building value
$2,000,800

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 $6,800,000 $6,800,000 2.201 $149,668 -34.79%
2024 $6,800,000 $6,800,000 3.375 $229,500 +1.90%
2023 $6,800,000 $6,800,000 3.312 $225,216 +2.51%
2022 $6,800,000 $6,800,000 3.231 $219,708 +4.36%
2021 $6,800,000 $6,800,000 3.096 $210,528 +2.18%
2020 $6,800,000 $6,800,000 3.03 $206,040 +2.78%
2019 $6,800,000 $6,800,000 2.948 $200,464 +1.20%
2018 $6,800,000 $6,800,000 2.913 $198,084 +3.37%
2017 $6,800,000 $6,800,000 2.818 $191,624 +1.77%
2016 $6,800,000 $6,800,000 2.769 $188,292 +2.59%

Permit information for 99 Cherry Hill Road, Parsippany, NJ

Issued date Permit number Permit type Sub type Valuation Finaled date Status
05/03/2024

*Most recent permit 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

Access the detailed traffic volume map for 99 Cherry Hill 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 99 Cherry Hill Road, Parsippany, NJ 07054?

The development at 99 Cherry Hill Road, Parsippany, NJ 07054 was built in 1981.

What is the total square footage of 99 Cherry Hill Road, Parsippany, NJ 07054?

99 Cherry Hill Road, Parsippany, NJ 07054 has a total of 86,430 square feet.

When was 99 Cherry Hill Road, Parsippany, NJ 07054 last sold and what was the sale price?

99 Cherry Hill Road, Parsippany, NJ 07054 was last sold on 12/23/2019 for $10,525,000.

What is the assessed value of 99 Cherry Hill Road, Parsippany, NJ 07054?

99 Cherry Hill Road, Parsippany, NJ 07054 is currently assessed at $6,800,000.

What are the property taxes for 99 Cherry Hill Road, Parsippany, NJ 07054?

The property taxes for 99 Cherry Hill Road, Parsippany, NJ 07054 total $149,668.

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