Financial
Distress signals
Property profile

245 Baldwin Rd Parsippany, NJ 07054

OFF-MARKET
Office Spaces
Property ID
US59-0469862
1,164 SF 0.03 ac lot
Last sale Dec 2025 · $265,000
Entity Owned Owner of record is a legal entity (LLC / corporation). ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included in the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2022

What does the county charge?
$5k
Tax billed · 2022
Assessed value · 2023$145k
Assessed land$52k
Assessed improvement$93k
Effective rate3.37%

Value estimate

· Sep 2026
$190k
$171k – $209k
AI approach$220k

Realmo valuation models over county records and 6 qualifying comparable sales.

Recently sold

What actually traded nearby?
$220/SF
Submarket average, outlier-cleaned · 20 recorded sales of this use type
Observed band · Q1–Q3$194 – $234
Qualifying comparables6

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
R-3
JurisdictionMORRIS

Location intelligence

Which uses thrive at this corner?
Best fit: Hair Salon
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Hair Salon10.5
Convenience Store9.5
Barber Shop9.4

Location

245 Baldwin Rd Parsippany, NJ 07054-7502
County assessor Recorded deeds · 3 transfers 6 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
60 Baldwin, Parsippany, NJ 07054-2901 $230,000 Feb 2025 1,357 SF
259 Baldwin, Parsippany, NJ 07054-7505 $250,000 Apr 2024 1,164 SF
249 Baldwin, Parsippany, NJ 07054-7500 $200,000 Apr 2023 1,164 SF
239 Baldwin, Parsippany, NJ 07054-7503 $170,000 Oct 2021 1,164 SF
255 Baldwin, Parsippany, NJ 07054-7501 $244,000 Nov 2020 1,164 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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