Morris County  »  07054  »  New Rd  »  273 New Rd

273 New Road, Parsippany, NJ 07054 - Property report

Also known as: 273 New Rd

Property image for 273 New Road, Parsippany, NJ 07054
static Mapbox map

Property type

Industrial/Manufacturing (330)

Year built

1985

Acreage

2.42

Sale price

$2,700,000

General information

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Address
Primary address
273 New Road
ZIP code
07054
County
Morris
Block
770
Lot
9
Municipality
1429
Qualifier
Parcel ID
770-9

Owner

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Sales
Sale date
12/17/2010
Sale price
$2,700,000
Arm's length
Tax
Tax year
2026
Base tax
$26,159
Current property tax
$26,325
Building
Property type
Industrial/Manufacturing (330)
Building sq. ft.
15,570
Year built
1985
Exterior structural material
Lot
Acreage
2.42
Zoning & Use
Zoning
Qualified opportunity zone

Area overview

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

Ownership information for 273 New Road, Parsippany, NJ

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

Sales history for 273 New Road, Parsippany, NJ 07054

Sale date Sale price Buyer name Seller name
12/17/2010 $2,700,000 XXX XXX XXXX, XXX XXX XXXX XXXXXX XXXXXXXXXX

*Most recent sale on record for this property.

More about Morris County property records.

Title documents

Date Type Amount Party 1 Party 2 Doc #
10/09/2025 - R
03/25/2025 - D
Mortgage XXX XXXXXXX XXXXXXX XXXXX XXX XXXX XXX XXXXXXXXX XXXX
03/16/2011 - R
12/17/2010 - D
Deed and Realty Tax Fees XXX XXXX XXXXXX XXXXXXXXXX XXX XXX XXXX, XXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Property taxes for 273 New 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
$26,159
Current property tax
$26,325
Recent tax assessments
Market value
$1,188,500
Land value
$363,000
Building value
$825,500

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 $1,188,500 $1,188,500 2.201 $26,159 -34.79%
2024 $1,188,500 $1,188,500 3.375 $40,112 +1.90%
2023 $1,188,500 $1,188,500 3.312 $39,363 +2.51%
2022 $1,188,500 $1,188,500 3.231 $38,400 +4.36%
2021 $1,188,500 $1,188,500 3.096 $36,796 +2.18%
2020 $1,188,500 $1,188,500 3.03 $36,012 +2.78%
2019 $1,188,500 $1,188,500 2.948 $35,037 -1.83%
2018 $1,188,500 $1,188,500 3.003 $35,691 +6.56%
2017 $1,188,500 $1,188,500 2.818 $33,492 +1.77%
2016 $1,188,500 $1,188,500 2.769 $32,910 +2.59%

Permit information for 273 New Road, Parsippany, NJ

Issued date Permit number Permit type Sub type Valuation Finaled date Status
04/24/2024

*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
0.2, AE

Fire hazard zones

Geohazard zones map

Transportation

Daily traffic map

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Frequently asked questions

What is the year built for 273 New Road, Parsippany, NJ 07054?

The development at 273 New Road, Parsippany, NJ 07054 was built in 1985.

What is the market value of 273 New Road, Parsippany, NJ 07054?

The current market value of 273 New Road, Parsippany, NJ 07054 is $1,188,500.

What is the total square footage of 273 New Road, Parsippany, NJ 07054?

273 New Road, Parsippany, NJ 07054 has a total of 15,570 square feet.

What is the price per square foot for this property?

$173 per square foot is the price for 273 New Road, Parsippany, NJ 07054.

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