1160 Parsippany Blvd Parsippany, NJ 07054-1811
Property profile & analytics
1160 Parsippany Blvd, Parsippany, NJ 07054-1811
- Commercial real estate
- 22,400 SF
- 3.06 lot acres
Property ID
US59-1904957
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Ingenix Pharmaceutical Services / Factory / Production Facility
- Allergy & Asthma Associates / Physician / Medical Clinic
- Liberal Finance Service / Loan Service
- FedEx Drop Box / Postal Service / Courier Service
- Vertical Resources Inc / IT Consulting Firm / (Bike/Boat/Book/etc) Store
Property Details for 1160 Parsippany Blvd
- Year built
- 1991
- Construction
- BRICK
- Lot size
- 3.06 lot acres
- Zone code
- -1
- Property type
- Commercial real estate
- APN
- 29 00410-0000-00022- 02
- APU
- 290041000000002202
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Apr 6, 2023 | $2,800,000 | Mental Health Assn Of Essex & Morri | Genelle II LLC | Deed | — |
| Apr 8, 2015 | $4,250,000 | Genelle II LLC | Hgf Parsippany Blvd LLC | Grant Deed | — |
| Feb 7, 2007 | $5,650,000 | Hgf Parisppany Boulvard LLC | 1140-1160 Parsippany Boulevard | Grant Deed | — |
| Jun 5, 1992 | $6,120,132 | 11-1160 Parsippany Blvd INC | Unknown | Grant Deed | — |
| — | — | Genelle II LLC | — | Deed Of Trust · related | $4.2M · Lakeland Bk |
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- Statistic approach
- $3,215,000
- ML approach
- $3,235,000
-
CAP approach
- CAP Return
- Estimation
- 6%
- $2,740,000
- 6.5%
- $2,530,000
- 7%
- $2,350,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $3,081,000
- AI Estimate
- $1,835,000
Market price range: $2.55M - $6.47MMarket price range: $664k - $4.11M -
Alternative Use
- Use
- Estimation
- COMMERCIAL (GENERAL)
- $4,185,000 Current use
- INDUSTRIAL (GENERAL)
- $4,005,000 Change: -4% Conversion: Moderate
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Parsippany
- County
- Morris
- State
- New Jersey
- Longitude
- -74.4236
- Latitude
- 40.8676
- CBSA code
- 35620
- CBSA name
- NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$109,900
$1,000,000
$1,004,000
$2,004,000
-
$1,000,000
$1,004,000
$2,004,000
