Property profile & analytics
261 Parsippany Rd Parsippany, NJ 07054-5105
- Gas stations
- 0.21 lot acres
Location Intelligence
Property ID
US59-0038545
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.
Current Use by Public Records
- Delta / Gas Station
- Chopra Auto Care / Auto Repair Shop
Property Details for 261 Parsippany Rd
- Year built
- 1955
- Construction
- CONCRETE BLOCKS
- Lot size
- 0.21 lot acres
- Zone code
- O-S
- Property type
- Gas stations
- APN
- 29 00376-0000-00011- 1
- APU
- 29003760000000111
Value Estimation
by Realmo proprietary methodology
Last update: July 3, 2025
-
AI approach
- CAP return
- Estimation
- Estimation
- $845,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $660,000
- 6.5%
- $605,000
- 7%
- $575,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $735,000
- Geo Method
- $590,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $685,000
- Retail
- $720,000
- Mixed-Use
- $590,000
- Hospitality
- $550,000
- Educational
- $725,000
- Residential Income
- $650,000
- Energy
- $555,000
- Income-Based Land
- $720,000
- Food Service
- $685,000
Location Insight
- Map
- Local Demand
- City
- Parsippany
- County
- Morris
- State
- New Jersey
- Longitude
- -74.4273
- Latitude
- 40.8567
- 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
$15,038
$264,000
$189,500
$453,500
-
$264,000
$189,500
$453,500
