Morris County  »  07054  »  New Rd  »  343 New Rd

343 New Road, Parsippany, NJ 07054 - Property report

Also known as: 343 New Rd

Property image for 343 New Road, Parsippany, NJ 07054
static Mapbox map

Property type

Industrial/Manufacturing (330)

Year built

1981

Acreage

7.25

Sale price

$5,300,000

General information

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Address
Primary address
343 New Road
ZIP code
07054
County
Morris
Block
770
Lot
12
Municipality
1429
Qualifier
Parcel ID
770-12

Owner

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Sales
Sale date
01/11/2006
Sale price
$5,300,000
Arm's length
Tax
Tax year
2026
Base tax
$97,936
Current property tax
$98,559
Building
Property type
Industrial/Manufacturing (330)
Building sq. ft.
27,671
Year built
1981
Exterior structural material
Lot
Acreage
7.25
Zoning & Use
Zoning
Qualified opportunity zone

Area overview

Walk score
34 /100.  Car-Dependent
Transit score
0 /100.  Minimal Transit
Bike score
0 /100.  Minimal Bike Infrastructure
Broadband internet providers and speed map
Types of broadband connections

Ownership information for 343 New Road, Parsippany, NJ

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

Sales history for 343 New Road, Parsippany, NJ 07054

Sale date Sale price Buyer name Seller name
01/11/2006 $5,300,000 XXX XXX XXXXXXXXXX XXXXXXXXXX, XXX X-X XXXXXXXXXXX %XXXXX & XX XXXXX

*Most recent sale on record for this property.

More about Morris County property records.

Title documents

Date Type Amount Party 1 Party 2 Doc #
11/19/2025 - R
11/18/2025 - D
Mortgage Modification XXX XXXXX XXXXXXX XXXXXX XXXXX XXXXXXXXXX XXXXXXXXXX XXX XXX XXXXX XXXXXXX XXXXXX XXXXX XXXXXXXXXX XXXXXXXXXX XXX
11/19/2025 - R
11/18/2025 - D
Mortgage Modification XXX XXXXX XXXXXXX XXXXXX XXXXX XXXXXXXXXX XXXXXXXXXX XXX XXX XXXXX XXXXXXX XXXXXX XXXXX XXXXXXXXXX XXXXXXXXXX XXX
01/18/2006 - R
01/11/2006 - D
Deed and Realty Tax Fees X-X XXXXXXXXXXX XXXXX & XX XXXXX XXX XXX XXXXXXXXXX XXXXXXXXXX, XXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Property taxes for 343 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
$97,936
Current property tax
$98,559
Recent tax assessments
Market value
$4,449,600
Land value
$792,500
Building value
$3,657,100

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 $4,449,600 $4,449,600 2.201 $97,936 -34.79%
2024 $4,449,600 $4,449,600 3.375 $150,174 +1.90%
2023 $4,449,600 $4,449,600 3.312 $147,371 +2.51%
2022 $4,449,600 $4,449,600 3.231 $143,767 +47.44%
2021 $3,149,600 $3,149,600 3.096 $97,512 +2.18%
2020 $3,149,600 $3,149,600 3.03 $95,433 +2.78%
2019 $3,149,600 $3,149,600 2.948 $92,850 -1.83%
2018 $3,149,600 $3,149,600 3.003 $94,582 +6.56%
2017 $3,149,600 $3,149,600 2.818 $88,756 +1.77%
2016 $3,149,600 $3,149,600 2.769 $87,212 +2.59%

Permit information for 343 New Road, Parsippany, NJ

Issued date Permit number Permit type Sub type Valuation Finaled date Status
10/27/2025
12/11/2024
12/11/2024
02/02/2024

*Most recent permits 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, X

Fire hazard zones

Geohazard zones map

Transportation

Daily traffic map

Access the detailed traffic volume map for 343 New 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 343 New Road, Parsippany, NJ 07054?

The development at 343 New Road, Parsippany, NJ 07054 was built in 1981.

What is the market value of 343 New Road, Parsippany, NJ 07054?

The current market value of 343 New Road, Parsippany, NJ 07054 is $4,449,600.

What is the total square footage of 343 New Road, Parsippany, NJ 07054?

343 New Road, Parsippany, NJ 07054 has a total of 27,671 square feet.

What is the price per square foot for this property?

$191 per square foot is the price for 343 New Road, Parsippany, NJ 07054.

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