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80 Park Road

80 Park Road, Parsippany, NJ 07054
Property in Morris
Sold May 09, 2022
$605,000
$484,000 by Change Lending Llc
Mortgage Due Apr 01, 2052
Sold Apr 30, 2009
$500,000
$400,000 by Hudson City Savings Bank
Mortgage Due May 01, 2039
80 Park Road has been categorized by the local assessors in Parsippany, NJ as a residential type of property. The building on the property was first built in 1955 and is 69 years old. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 80 Park Road has 2,536 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 2,350 ft and across the front of the lot is 2,000 ft. The area measurement of the land has been determined as 48,352 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a garage for those who require parking. According to our sources, there are a total of 2 available parking spaces. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with frame control joints. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 80 Park Road was last sold in Mar 3, 2022 for $605,000. According to our calculations, that's $238.56 per sqft. Prior to that sales transaction, the property was sold for $500,000 in Apr 29, 2009. Current property owners are expected to pay $13,444 in taxes per year. The property on 80 Park Road was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $394,600. To break that down further, the land itself was valued at $197,800. While improvements to the property were assessed at a total of $196,800. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1955
  • Effective Year Built: 1955
  • Bedroom Count: 0
  • Construction Type: Frame
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 48,352
  • Lot Size Depth Feet: 2,350
  • Lot Size Frontage Feet: 2,000
  • Total Building Area: 2,536
  • Building Area: 2,536
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 2,536
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 1.11
  • Standard Land Use Code: Single family residential
  • Legal Description 1: ADDITIONAL LOTS: 360-H 2

Ownership

  • Current Owner : RUSSOMANO JOHN
  • Current Owner 2: PAGANO JOELLE
  • Previous Owner : CAROLE GOLDBERG
  • Owner Before Previous Owner: MORELLO JOSEPH I
  • Owner Before Previous Owner 2: MORELLO CARMELA
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Husband and wife

Neighborhood

  • School District Name: Parsippany-Troy Hills Township School District
  • Census Tract: 041604

Zoning

  • Zoning: R-1

Geography

  • Assessors Map Reference: TAX MAP 100
  • Account Number: 11101620
  • District: 29
  • Parcel: 29 00098-0000-00062
  • Block: 98
  • Lot: 62
  • Municipality: PARSIPPANY TR HLS TWP
  • Latitude: 40.8649
  • Longitude: -74.4461

    Address

  • Full Address: 80 Park Rd
  • Address - House Number: 80
  • Address - Street Name: Park
  • Address - Suffix Type: Rd
  • State: NJ
  • City Name: Parsippany
  • Carrier Code: C005
  • 4-Digit Zip Code: 1729
  • Zip Code: 07054

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $13,444

    Appraisal Valuation

  • Standard Deviation: 0.1705
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 78
  • Final Value: 722,928
  • High Value: 846,241
  • Low Value: 599,615

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $484,000
  • First Open Lien Mortgage Lender: CHANGE LENDING LLC
  • First Open Lien Mortgage Recording Date: May 09, 2022
  • First Open Lien Mortgage Loan Amount: $484,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Apr 01, 2052

    Market Valuation

  • Market Total Value: $514,338
  • Market Land Value: $257,821
  • Market Improvement Value: $256,517

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $394,600
  • Assessed Land Value: $197,800
  • Assessed Improvements Value: $196,800

    Sales

  • Current Sale Contract Date: Mar 03, 2022
  • Current Sale Recording Date: May 09, 2022
  • Current Sale Transaction ID: 11887451905
  • Current Sale Price: $605,000
  • Current Sale Document Type: Bargain and Sale Deed
  • Current Sale Input Document Number: 32041
  • Previous Sale Recording Date: Apr 30, 2009
  • Previous Sale Contract Date: Apr 29, 2009
  • Previous Sale Amount: $500,000
  • Previous Sale Document Type: Bargain and Sale Deed

    Last Sale Mortgage

  • First Mortgage Lender: CHANGE LENDING LLC
  • First Mortgage Transaction Date: May 09, 2022
  • First Mortgage Loan Amount: $484,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Apr 01, 2052

    Previous Mortgages

  • Previous Mortgage Lender: HUDSON CITY SAVINGS BANK
  • Previous Mortgage Transaction Date: Apr 30, 2009
  • Previous Mortgage Loan Amount: $400,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: May 01, 2039

About Morris



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Frequently Asked Questions

What neighborhood is 80 Park Road located in?
The 80 Park Road is a located in the neighborhood of Morris in Morris, Parsippany.
What is the average sales price for listings in 80 Park Road?
The average sales price for units in 80 Park Road is $0 currently.

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