Financial
Distress signals
Property profile

11 Waterview Blvd Parsippany, NJ 07054

OFF-MARKET
Other commercial real estate
Property ID
US59-1014754
120,828 SF 8.21 ac lot Built 2005
Last sale Jun 2022 · $10,500,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 2-yr Hold Held for 2 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The property is located in Parsippany, New Jersey, with access to major transportation routes including I-287 and Routes 202 and 46. It has a total size of 120,441 square feet and is situated adjacent to a retail center that includes national and regional tenants such as Whole Foods, Ulta, and Shake Shack.

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?
$281k
Tax billed · 2022
Assessed value · 2023$8.60M
Assessed land$3.43M
Assessed improvement$5.17M
Effective rate3.27%

Value estimate

· Sep 2026
$10.50M
$9.45M – $11.55M
AI approach$10.50M
CAP approach$13.65M
Sales comparison$13.73M

Realmo valuation models over county records and 5 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 comparables5

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?
POD
JurisdictionMORRIS

Location intelligence

Which uses thrive at this corner?
Best fit: Building Supply
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Building Supply17.7
Hair Salon15.1
Auto Repair Shop15.0

Location

11 Waterview Blvd Parsippany, NJ 07054-1219
County assessor Recorded deeds · 2 transfers 5 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
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
45 Waterview, Parsippany, NJ 07054-7611 $7,467,600 Jan 2026 102,995 SF
200 Reynolds, Parsippany, NJ 07054-3326 $14,525,000 Dec 2025 48,718 SF
6 Sylvan, Parsippany, NJ 07054-3826 $20,000,000 Jul 2025 195,240 SF
299 Cherry Hl, Parsippany, NJ 07054-1111 $10,200,000 Jan 2025 76,260 SF
30 Lanidex W, Parsippany, NJ 07054-2717 $15,900,000 Dec 2024 55,008 SF
20 Waterview, Parsippany, NJ 07054-1229 $14,750,000 Mar 2024 225,092 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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