239 New Rd Parsippany, NJ 07054-4274
Property profile & analytics
239 New Rd, Parsippany, NJ 07054-4274
- Office Spaces
- 20,025 SF
- 0.46 lot acres
Property ID
US59-1668421
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
- The Blue Lily / Wedding Service / Party Supply Store
- Tri Star Flooring LLC / Construction Company / General Contractor
- Network Commodities / Take-out & Catering / Fish Market
- Dinamik LLC / Law Firm
- Dawkins & Warrington Law Group LLC / Consultant
Property Details for 239 New Rd
- Lot size
- 0.46 lot acres
- Zone code
- LIW2
- Property type
- Office Spaces
- APN
- 29 00770-0000-00006- 09
- APU
- 290077000000000609
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Apr 1, 2005 | $3,500,000 | Lexins LLC | Parsippany Office Plaza Realty | Grant Deed | $2.8M · First Morris Bank |
Value Estimations
based on Realmo’s proprietary methodology
-
CAP approach
- CAP Return
- Estimation
- 6%
- $5,445,000
- 6.5%
- $5,030,000
- 7%
- $4,670,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $3,881,000
- AI Estimate
- $3,221,000
Market price range: $3.88M - $4.68MMarket price range: $3.22M - $4.85M -
Alternative Use
- Use
- Estimation
- OFFICE BUILDING
- $4,415,000 Current use
- COMMERCIAL (GENERAL)
- $3,740,000 Change: -15% Conversion: Easy
- INDUSTRIAL (GENERAL)
- $3,580,000 Change: -19% Conversion: Difficult
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Parsippany
- County
- Morris
- State
- New Jersey
- Longitude
- -74.3466
- Latitude
- 40.8525
- 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
2022
$39,990
$701,100
$486,600
$1,187,700
-
$701,100
$486,600
$1,187,700
