Morris County  »  07054  »  New Rd  »  131 New Rd

131 New Road, Parsippany, NJ 07054 - Property report

Also known as: 131 New Rd

Property image for 131 New Road, Parsippany, NJ 07054
static Mapbox map

Property type

Store (SCILSR)

Acreage

1.56

Sale price

$2,625,000

General information

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Address
Primary address
131 New Road
ZIP code
07054
County
Morris
Block
770
Lot
2.02
Municipality
1429
Qualifier
Parcel ID
770-2.02

Owner

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Sales
Sale date
12/06/2017
Sale price
$2,625,000
Arm's length
Tax
Tax year
2026
Base tax
$24,576
Current property tax
$24,733
Building
Property type
Store
Building sq. ft.
5,427
Exterior structural material
Lot
Acreage
1.56
Zoning & Use
Zoning
Qualified opportunity zone

Area overview

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

Ownership information for 131 New Road, Parsippany, NJ

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

Sales history for 131 New Road, Parsippany, NJ 07054

Sale date Sale price Buyer name Seller name
12/06/2017 $2,625,000 XXX XXXXXXX XXXXXX XXX XXX XX XXX; XXX XXXXX XXX XXX XX XXX XXXXXXX XXXX XXX
02/03/2014 $250,000 XXXXXXX XXXX XXX XXXX, XXXX
03/05/2008 $1 XXXX, XXXX XXXX, XXXX

*Most recent sales on record for this property.

More about Morris County property records.

Title documents

Date Type Amount Party 1 Party 2 Doc #
01/09/2018 - R
12/06/2017 - D		 Assignment XXX XXXXXXX XXXXXX XXX XXX XX XXX XXXXXXXXX XXXX
01/09/2018 - R
12/06/2017 - D		 Mortgage XXX XXXXX XXX XXX XX XXX XXXXXXXXX XXXX
01/09/2018 - R
12/06/2017 - D		 Deed and Realty Tax Fees XXXXXXX XXXX XXX XXX XXXXXXX XXXXXX XXX XXX XX XXX
02/18/2014 - R
02/03/2014 - D		 Deed and Realty Tax Fees XXXX, XXXX XXXXXXX XXXX XXX
03/05/2008 - D Deed and Realty Tax Fees XXXX, XXXX XXXX, XXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 131 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
$24,576
Current property tax
$24,733
Recent tax assessments
Market value
$1,116,600
Land value
$301,900
Building value
$814,700

More about Morris County property taxes

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 $1,116,600 $1,116,600 2.201 $24,576 -34.79%
2024 $1,116,600 $1,116,600 3.375 $37,685 +1.90%
2023 $1,116,600 $1,116,600 3.312 $36,982 +2.51%
2022 $1,116,600 $1,116,600 3.231 $36,077 +4.36%
2021 $1,116,600 $1,116,600 3.096 $34,570 +2.18%
2020 $1,116,600 $1,116,600 3.03 $33,833 +2.78%
2019 $1,116,600 $1,116,600 2.948 $32,917 +84.35%
2018 $594,600 $594,600 3.003 $17,856 +6.56%
2017 $594,600 $594,600 2.818 $16,756 +71.96%
2016 $351,900 $351,900 2.769 $9,744 +19.58%
Permits

Permit information for 131 New Road, Parsippany, NJ

No recently recorded permits for this property.

Neighborhood

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
AE

Fire hazard zones

Geohazard zones map

Transportation

Daily traffic map
View daily traffic map

Access the detailed traffic volume map for 131 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.

Neighbors for 131 New Road, Parsippany, NJ

141 New Rd, Parsippany

Nearby ZIP codes for 131 New Road, Parsippany, NJ

07004, Essex County, NJ 07005, Morris County, NJ 07006, Essex County, NJ 07034, Morris County, NJ 07039, Essex County, NJ 07045, Morris County, NJ 07046, Morris County, NJ 07058, Morris County, NJ 07068, Essex County, NJ 07082, Morris County, NJ 07834, Morris County, NJ 07878, Morris County, NJ 07927, Morris County, NJ 07932, Morris County, NJ 07936, Morris County, NJ 07940, Morris County, NJ 07950, Morris County, NJ 07960, Morris County, NJ 07961, Morris County, NJ 07981, Morris County, NJ

Frequently asked questions

What is the market value of 131 New Road, Parsippany, NJ 07054?

The current market value of 131 New Road, Parsippany, NJ 07054 is $1,116,600.

What is the total square footage of 131 New Road, Parsippany, NJ 07054?

131 New Road, Parsippany, NJ 07054 has a total of 5,427 square feet.

What is the price per square foot for this property?

$483 per square foot is the price for 131 New Road, Parsippany, NJ 07054.

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