Morris County  »  07054  »  Troy Rd  »  159 Troy Rd

159 Troy Road, Parsippany, NJ 07054 - Property report

Also known as: 159 Troy Rd

Property image for 159 Troy Road, Parsippany, NJ 07054
static Mapbox map

Property type

Commercial (4A)

Year built

1950

Acreage

1.31

Sale price

$2,000,000

General information

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Address
Primary address
159 Troy Road
ZIP code
07054
County
Morris
Block
725
Lot
27
Municipality
1429
Qualifier
Parcel ID
725-27

Owner

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Sales
Sale date
03/29/2024
Sale price
$2,000,000
Arm's length
Tax
Tax year
2026
Base tax
$19,587
Current property tax
$20,041
Building
Property type
Commercial (4A)
Building sq. ft.
616
Stories
1
Year built
1950
Exterior structural material
Lot
Acreage
1.31
Zoning & Use
Zoning
Qualified opportunity zone

Area overview

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

Ownership information for 159 Troy Road, Parsippany, NJ

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

Sales history for 159 Troy Road, Parsippany, NJ 07054

Sale date Sale price Buyer name Seller name
03/29/2024 $2,000,000 XXXXXXX XXXXXX XXX XXX XXXX XXXX XXX
05/01/2006 $850,000 XXXX XXXX, XXX X XXXX XXXXXX XX

*Most recent sales on record for this property.

More about Morris County property records.

Title documents

Date Type Amount Party 1 Party 2 Doc #
04/22/2024 - R
04/01/2024 - D
Mortgage XXXXXXX XXXXXX XXX XXX XXXX XXXX XXX
04/22/2024 - R
03/29/2024 - D
Deed and Realty Tax Fees XXXX XXXX XXX XXXXXXX XXXXXX XXX XXX
05/12/2006 - R
05/01/2006 - D
Deed and Realty Tax Fees X XXXX XXXXXX XX XXXX XXXX, XXX
01/22/2001 - D Deed and Realty Tax Fees

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Property taxes for 159 Troy 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
$19,587
Current property tax
$20,041
Recent tax assessments
Market value
$889,900
Land value
$172,200
Building value
$717,700

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 $889,900 $889,900 2.201 $19,587 +107.41%
2024 $279,800 $279,800 3.375 $9,443 +1.90%
2023 $279,800 $279,800 3.312 $9,267 +2.51%
2022 $279,800 $279,800 3.231 $9,040 +4.36%
2021 $279,800 $279,800 3.096 $8,663 +2.18%
2020 $279,800 $279,800 3.03 $8,478 +2.78%
2019 $279,800 $279,800 2.948 $8,249 +1.20%
2018 $279,800 $279,800 2.913 $8,151 +3.37%
2017 $279,800 $279,800 2.818 $7,885 +1.77%
2016 $279,800 $279,800 2.769 $7,748 +2.59%

Permit information for 159 Troy Road, Parsippany, NJ

Issued date Permit number Permit type Sub type Valuation Finaled date Status
02/29/2024

*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

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Frequently asked questions

What is the year built for 159 Troy Road, Parsippany, NJ 07054?

The development at 159 Troy Road, Parsippany, NJ 07054 was built in 1950.

What is the total square footage of 159 Troy Road, Parsippany, NJ 07054?

159 Troy Road, Parsippany, NJ 07054 has a total of 616 square feet.

When was 159 Troy Road, Parsippany, NJ 07054 last sold and what was the sale price?

159 Troy Road, Parsippany, NJ 07054 was last sold on 03/29/2024 for $2,000,000.

What is the assessed value of 159 Troy Road, Parsippany, NJ 07054?

159 Troy Road, Parsippany, NJ 07054 is currently assessed at $889,900.

What are the property taxes for 159 Troy Road, Parsippany, NJ 07054?

The property taxes for 159 Troy Road, Parsippany, NJ 07054 total $19,586.

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