Morris County  »  07054  »  Stephen Ter  »  7 Stephen Ter

7 Stephen Terrace, Parsippany, NJ 07054 - Property report

Also known as: 7 Stephen Ter

Property image for 7 Stephen Terrace, Parsippany, NJ 07054
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Property type

Residential (2)

Year built

1964

Acreage

0.344

Sale price

$755,000

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
7 Stephen Terrace
ZIP code
07054
County
Morris
Block
461
Lot
14
Municipality
1429
Parcel ID
461-14

Owner

Find out who owns 7 Stephen Terrace, Parsippany, NJ 07054. Uncover corporate and individual owners with a free account.

Sales
Sale date
09/20/2023
Sale price
$755,000
Arm's length
Tax
Tax year
2026
Current property tax
$9,116
Building
Property type
Residential (2)
Building sq. ft.
2,704
Stories
2
Year built
1964
Exterior structural material
Lot
Acreage
0.344
Zoning & Use
Zoning

Area overview

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

Ownership information for 7 Stephen Terrace, Parsippany, NJ

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

Sales history for 7 Stephen Terrace, Parsippany, NJ 07054

Sale date Sale price Buyer name Seller name
09/20/2023 $755,000 XXXX XXXXX; XXXX XXXXXXXX XXXXXXX XXXXXXX X; XXXXXXX XXXXX X
06/25/1987 $287,500

*Most recent sales on record for this property.

More about Morris County property records.

Title documents

Date Type Amount Party 1 Party 2 Doc #
12/04/2025 - R
11/19/2025 - D
Mortgage XXXX XXXXX XXXXXXXX XXXXXXXXXX XXXXXXXXXXXX XXXXXXX XXX
06/09/2025 - R
04/22/2025 - D
Mortgage XXXX XXXXX XXXXXXXX XXXXXXXXXX XXXXXXXXXXXX XXXXXXX XXX
07/02/2024 - R
06/17/2024 - D
Mortgage XXXX XXXXX XXXXXXXX XXXXXXXXXX XXXXXXXXXXXX XXXXXXX XXX
09/28/2023 - R
09/20/2023 - D
Mortgage XXXX XXXXX XXXXXXXX XXXXXXXXXX XXXXXXXXXXXX XXXXXXX XXX
09/28/2023 - R
09/20/2023 - D
Deed and Realty Tax Fees XXXXXXX XXXXXXX X XXXX XXXXX
06/25/1987 - D Deed and Realty Tax Fees

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Property taxes for 7 Stephen Terrace, 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
$8,910
Current property tax
$9,116
Recent tax assessments
Market value
$404,800
Land value
$218,200
Building value
$186,600

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 $404,800 $404,800 2.201 $8,910 -34.79%
2024 $404,800 $404,800 3.375 $13,662 +1.90%
2023 $404,800 $404,800 3.312 $13,407 +2.51%
2022 $404,800 $404,800 3.231 $13,079 +4.36%
2021 $404,800 $404,800 3.096 $12,533 +2.18%
2020 $404,800 $404,800 3.03 $12,265 +2.78%
2019 $404,800 $404,800 2.948 $11,934 +1.20%
2018 $404,800 $404,800 2.913 $11,792 +3.37%
2017 $404,800 $404,800 2.818 $11,407 +1.77%
2016 $404,800 $404,800 2.769 $11,209 +2.59%

Permit information for 7 Stephen Terrace, Parsippany, NJ

No recently recorded permits for this property.

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 7 Stephen Terrace, Parsippany, NJ 07054 to see estimated average daily traffic on streets surrounding the property as well as the types of properties in its vicinity.

Schools

Nearest elementary schools

Name Rating Type Grade range No of students Distance (miles)
Northvail Elementary School 9 Public K-5 369 0.25
Knollwood Elementary School 7 Public K-5 358 0.59
All Saints Academy NR Private PK, K-8 0 0.77
All Saints Academy NR Private PK, K-8 0 0.77
Lake Hiawatha School 9 Public PK, K-5 449 0.81
Lake Hiawatha School 9 Public PK, K-5 449 0.81
All Saints Academy NR Private PK-8 224 0.99
All Saints Academy NR Private PK-8 224 0.99
St Elizabeth Nursery & Montessori School NR Private PK-6 324 0.99
Intervale Elementary School 6 Public K-5 266 1.28
Nearest middle schools

Name Rating Type Grade range No of students Distance (miles)
Central Middle School 5 Public 6-8 781 0.58
All Saints Academy NR Private PK, K-8 0 0.77
All Saints Academy NR Private PK-8 224 0.99
Parsippany Christian School NR Private PK-12 113 0.99
John Hill Elementary School 7 Public PK, 3-8 530 1.75
Briarcliff Elementary School 9 Public 6-8 267 1.94
St. Christopher School NR Private PK, K-8 0 1.97
Trinity Christian School NR Private K-12 174 2.17
Robert R Lazar Middle School 8 Public 6-8 724 2.35
Lake Drive Hearing Imp NR Public PK, K-8 63 2.35
Nearest high schools

Name Rating Type Grade range No of students Distance (miles)
Parsippany High School 6 Public 9-12 886 0.61
New Alliance Academy Of Parsippany NR Private 9-12 9 0.99
Parsippany Christian School NR Private PK-12 113 0.99
Boonton High School 5 Public PK, 9-12 662 1.92
Academy For Biotechnology 9 Public 9-12 13 1.94
Mountain Lakes High School 9 Public 9-12 569 1.94
Trinity Christian School NR Private K-12 174 2.17
Montville High School 7 Public 9-12 1,112 2.48
Craig High School NR Private 9-12 0 2.52
The Craig School NR Private 2-12 127 2.53

Data provided by GreatSchools.org © 2026. All rights reserved.

Frequently asked questions

What is the year built for 7 Stephen Terrace, Parsippany, NJ 07054?

The development at 7 Stephen Terrace, Parsippany, NJ 07054 was built in 1964.

What is the total square footage of 7 Stephen Terrace, Parsippany, NJ 07054?

7 Stephen Terrace, Parsippany, NJ 07054 has a total of 2,704 square feet.

When was 7 Stephen Terrace, Parsippany, NJ 07054 last sold and what was the sale price?

7 Stephen Terrace, Parsippany, NJ 07054 was last sold on 09/20/2023 for $755,000.

What is the assessed value of 7 Stephen Terrace, Parsippany, NJ 07054?

7 Stephen Terrace, Parsippany, NJ 07054 is currently assessed at $404,800.

What are the property taxes for 7 Stephen Terrace, Parsippany, NJ 07054?

The property taxes for 7 Stephen Terrace, Parsippany, NJ 07054 total $8,909.

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