Financial
Distress signals
Property profile

601 Jefferson Rd Parsippany Troy Hills, NJ 07054

FOR SALE
Other office properties
Property ID
US59-1327195
2,962 SF 0.07 ac lot
Last sale Feb 2026 · $233,280
Entity Owned Owner of record is a legal entity (LLC / corporation). Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The property is an office unit within a shared professional workspace previously occupied by an established CPA firm, with access to common amenities including a kitchen and a conference room that is managed through scheduling. The unit is located at 601 Jefferson Rd #208 in Parsippany-Troy Hills Township and provides ample on-site parking with convenient access to major highways. The building, constructed in 1980, includes a backup generator to support power continuity during weather-related disruptions. The property is designated under SEDS zoning.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. 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 · 2023

What does the county charge?
$12k
Tax billed · 2023
Assessed value · 2024$354k
Assessed land$133k
Assessed improvement$221k
Effective rate3.35%

Value estimate

· Sep 2026
$360k
$324k – $396k
NOI build-up
Gross scheduled income$74k
Vacancy & credit loss−$24k
Operating expenses−$13k
NOI · 1,726.82% cap applied$38k

Realmo valuation models over county records and 4 qualifying comparable sales.

Recently sold

What actually traded nearby?
$220/SF
Submarket average, outlier-cleaned · 20 recorded sales of this use type
Observed band · Q1–Q3$194 – $234
Qualifying comparables4

Cap rate analysis

How does the asset earn?
1,726.82%
$38k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
SED5
JurisdictionMORRIS

Location intelligence

Which uses thrive at this corner?
Best fit: Restaurant
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Restaurant17.9
Auto Parts Store16.8
Building Supply16.7

Location

601 Jefferson Rd Parsippany Troy Hills, NJ 07054
County assessor Recorded deeds · 3 transfers 4 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 · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
182 Parsippany, Parsippany, NJ 07054-4708 $585,000 Jan 2025 2,320 SF
316 Parsippany, Parsippany, NJ 07054-1294 $525,000 Dec 2024 2,670 SF
176 Parsippany, Parsippany, NJ 07054-4708 $575,000 Sep 2024 2,320 SF
172 Parsippany, Parsippany, NJ 07054-4708 $435,000 Jan 2022 2,320 SF
148 Parsippany, Parsippany, NJ 07054-4708 $410,000 Dec 2020 2,333 SF
168 Parsippany, Parsippany, NJ 07054-4708 $492,000 May 2020 2,320 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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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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