299 Smith Rd Parsippany, NJ 07054-2803
Property profile & analytics
299 Smith Rd, Parsippany, NJ 07054-2803
- Commercial real estate
- 96,770 SF
- 5.34 lot acres
Property ID
US59-0996993
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
- Satisfied Carpet & Upholstery / Carpet Cleaning Service
- Hyatt House Parsippany-East / Hotel & Motel
Property Details for 299 Smith Rd
- Year built
- 2004
- Lot size
- 5.34 lot acres
- Zone code
- COD
- Property type
- Commercial real estate
- APN
- 29 00735- 02-00001
- APU
- 29007350200001
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Oct 2, 2023 | — | Ara Ush Chicago Tenant LLC | Ara Ush Chicago LLC | Lease | — |
| May 10, 2019 | — | Lsref3/ah Chicago LLC | — | Loan Modification · related | $260.8M · Wilmington Tr |
| Dec 4, 2018 | — | Lsref3/ah Chicago LLC | — | Deed · related | $551k · Wilmington Tr |
| Aug 11, 2017 | — | Lsref3/ah Chicago LLC | — | Deed · related | $410M · Jp Morgan Chase Bk |
| Dec 5, 2014 | $20,194,756 | Lsref3 Ah Chicago LLC | Hyatt Equities LLC | Deed | — |
| Sep 9, 2011 | $22,585,342 | Hyatt Equities LLC | Parsippany Lodging Assocs LP | Grant Deed | — |
| — | — | Lsref3/ah Chicago LLC | — | Deed Of Trust · related | $551k · Wilmington Tr |
| — | — | Lsref3/ah Chicago LLC | — | Deed Of Trust · related | $410M · Jp Morgan Chase Bk |
Value Estimations
based on Realmo’s proprietary methodology
-
CAP approach
- CAP Return
- Estimation
- 6%
- $11,840,000
- 6.5%
- $10,930,000
- 7%
- $10,150,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $13,979,000
- AI Estimate
- $8,327,000
Market price range: $11.0M - $28.0MMarket price range: $2.87M - $17.7M -
Alternative Use
- Use
- Estimation
- COMMERCIAL (GENERAL)
- $18,080,000 Current use
- INDUSTRIAL (GENERAL)
- $17,300,000 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
- -74.4106
- Latitude
- 40.8582
- 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
$362,160
$2,940,000
$6,152,200
$9,092,200
-
$2,940,000
$6,152,200
$9,092,200
