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4 Century Drive

4 Century Drive, Parsippany, NJ 07054
Property in Morris
Local assessors in Parsippany, NJ have categorized 4 Century Drive as a commercial type of property. The home was built in 1982 and is 42 years old. The property's lot size has been calculated to be 346,825 square feet. This is a 3 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 4 Century Drive has a total of 96,368 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. Tax-wise, the current owner is expected to pay close to $246,955 in taxes each year. 4 Century Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $7,378,400. If we break it down further, the land itself was valued at $3,777,200. Improvements to the property, however, were assessed at a total of $3,601,200. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

0 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By

Building Info

Overview

    General

  • Year Built: 1982
  • Effective Year Built: 1982
  • Bedroom Count: 0
  • Floor Count: 3
  • Business/Commerical Units Count: 310
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 346,825
  • Total Building Area: 96,368
  • Building Area: 96,368
  • Building Area Measurement: Building Perimeter

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 96,368
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Commercial
  • Land Acres: 7.962
  • Standard Land Use Code: Commercial (general)

Ownership

  • Ownership Rights Codes: Company/Corporation
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Parsippany-Troy Hills Township School District
  • Census Tract: 041802

Zoning

  • Zoning: ROL

Geography

  • Assessors Map Reference: TAX MAP 72
  • Account Number: 10702101
  • District: 29
  • Parcel: 29 00202-0000-00001- 2
  • Block: 202
  • Lot: 1.2
  • Municipality: PARSIPPANY TR HLS TWP
  • Latitude: 40.8508
  • Longitude: -74.4545

    Address

  • Full Address: 4 Century Dr
  • Address - House Number: 4
  • Address - Street Name: Century
  • Address - Suffix Type: Dr
  • State: NJ
  • City Name: Parsippany
  • Carrier Code: C025
  • 4-Digit Zip Code: 4606
  • Zip Code: 07054

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $246,955

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,200,000
  • First Open Lien Mortgage Lender: MANUFACTURERS & TRADERS TRUST
  • First Open Lien Mortgage Recording Date: May 08, 2017
  • First Open Lien Mortgage Loan Amount: $1,200,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Commercial
  • First Open Lien Mortgage Loan Due Date: May 08, 2047

    Market Valuation

  • Market Total Value: $9,617,310
  • Market Land Value: $4,923,358
  • Market Improvement Value: $4,693,952

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $7,378,400
  • Assessed Land Value: $3,777,200
  • Assessed Improvements Value: $3,601,200

About Morris



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Frequently Asked Questions

What neighborhood is 4 Century Drive located in?
The 4 Century Drive is a located in the neighborhood of Morris in Morris, Parsippany.
What is the average sales price for listings in 4 Century Drive?
The average sales price for units in 4 Century Drive is $0 currently.

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