Property profile

75 Lackawanna Ave Parsippany, NJ 07054

OFF-MARKET
Industrial properties
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Property ID
US59-1127852
200,440 SF 12.9 ac Built 1972
Last sale May 2009
Entity Owned Owner of record is a legal entity (LLC / corporation). 17-yr Hold Held for 17 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Market Trends Soon

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2022

What does the county charge?
$296k
Tax billed · 2022
Assessed value · 2023$8.90M
Assessed land$1.94M
Assessed improvement$6.97M
Effective rate3.32%

Value estimate

· Nov 2026
$16.68M
$15.01M – $18.35M

Realmo valuation models over county records and 5 qualifying comparable sales.

Recently sold

What actually traded nearby?
$179/SF
County average, outlier-cleaned · 85 recorded sales of this use type
Observed band · Q1–Q3$134 – $250
Qualifying comparables5

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
SD5A
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
Restaurant15.6
Hair Salon14.3
Auto Parts Store12.4

Location

75 Lackawanna Ave Parsippany, NJ 07054-1007
County assessor Recorded deeds · 1 transfer 5 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 · 14 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
249 Pomeroy, Parsippany, NJ 07054-3727 $12,794,219 Dec 2025 85,434 SF
700 Parsippany, Parsippany, NJ 07054-3712 $1,335,839 Feb 2024 49,930 SF
100 Jefferson, Parsippany, NJ 07054-3708 $10,395,000 Mar 2023 577,851 SF
60 Halsey, Parsippany, NJ 07054-3705 $15,300,000 Feb 2022 69,312 SF
1 Woodhollow, Parsippany, NJ 07054-2821 $31,250,000 Feb 2022 134,550 SF
120 Halsey, Parsippany, NJ 07054-3720 $85,250,000 Nov 2020 60,801 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
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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