The property is an office building located at 239 New Rd in Parsippany-Troy Hills, New Jersey 07054, configured for professional and medical office use.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2022

What does the county charge?

$5k

Tax billed · 2022

Assessed value · 2023$146k

Assessed land$98k

Assessed improvement$48k

Effective rate3.37%

Value estimate

· Nov 2026

$300k

$270k – $330k

AI approach$280k

Realmo valuation models over county records and 32 qualifying comparable sales.

Recently sold

What actually traded nearby?

$187/SF

ZIP average, outlier-cleaned · 55 recorded sales of this use type

Observed band · Q1–Q3$114 – $289

Qualifying comparables32

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?

LIW2

JurisdictionMORRIS

Location intelligence

Which uses thrive at this corner?

Best fit: Parking Facility

Demand heat for this use is drawn on the map · LocInt grid

Demand index

Parking Facility11.0

Nail Salon9.3

Auto Parts Store9.2

239 New Rd Parsippany, NJ 07054-4274

County assessor Recorded deeds · 11 transfers 32 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 · 6 properties nearby

Address Sale price Sold Size

364 Parsippany, Parsippany, NJ 07054-5110 $270,000 Nov 2024 2,419 SF

205 Parsippany, Parsippany, NJ 07054-4709 $1,060,000 Oct 2024 2,697 SF

1035 Littleton, Parsippany, NJ 07054-1740 $729,000 Sep 2024 2,608 SF

310-312 Parsippany, Parsippany, NJ 07054-1280 $250,000 Jun 2024 2,200 SF

1855 Us Hwy 46, Parsippany, NJ 07054-1303 $4,100,000 May 2024 1,747 SF

169 Lackawanna, Parsippany, NJ 07054-1087 $25,000,000 Dec 2023 1,989 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

Value Estimation
$465,000

2,340 SF

3129 Us Hwy 46

COMMERCIAL (GENERAL)

3129 Us Hwy 46, Parsippany, NJ 07054-1224

View Details
Value Estimation by Request
1,281 SF

162 Halsey Rd

COMMERCIAL (GENERAL)

162 Halsey Rd, Parsippany, NJ 07054-5202

View Details
Value Estimation
$420,000

4,164 SF

150 Us Hwy 46

COMMERCIAL (GENERAL)

150 Us Hwy 46, Parsippany, NJ 07054-2312

View Details
Value Estimation
$3,170,000

17,323 SF

621 Edwards Rd

COMMERCIAL (GENERAL)

621 Edwards Rd, Parsippany, NJ 07054-4288

View Details
Value Estimation by Request
30,300 SF

435 Beverwyck Rd

COMMERCIAL (GENERAL)

435 Beverwyck Rd, Parsippany, NJ 07054

View Details
Value Estimation
$6,080,000

48,600 SF

1259 Us Hwy 46

COMMERCIAL (GENERAL)

1259 Us Hwy 46, Parsippany, NJ 07054-4913

View Details

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Includes: Price & PSF · Cap rate · Location · Zoning

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239 New Rd Parsippany, NJ 07054

Property summary