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Morris
998 Vail Road
$615,000
● House - Off Market

998 Vail Road

Parsippany, NJ 07054
bedrooms
3 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,004 Ft²
$4,011
Est. Monthly
3.57%
Cap Rate

About This Property

Welcome to this well-cared-for 3-bedroom, 2.5-bath split-level home in the heart of Parsippany, NJ! Situated on an oversized lot, this property offers plenty of space for parking and endless possibilities to create your dream home. Inside, you'll find a solid home ready for your personal touch-whether you're looking to update or completely renovate, this is a fantastic opportunity to bring your vision to life. The spacious layout provides great flow, while large windows invite in natural light. Location is everything, and Parsippany is one of New Jersey's most sought-after towns! Known for its top-rated schools, convenient access to major highways (I-80, I-287, Route 46 & 10), and vibrant community, it's an amazing place to call home. Enjoy nearby parks, shopping, dining, and all
Unit Size
2,004 Ft²
Days on Market
-
Land Size
0.34 acres
Price per sqft
$312
Property Type
House
Property Taxes
$942
HOA Dues
-
Year Built
1968

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Cap Rate Calculator

Last updated: 2 years ago (MOMLS #22504388)

Price History

Date / Event Date Event Price
Mar 7, 2025 Sold
Sold
Feb 25, 2025 In contract -
In contract
Feb 17, 2025 Listed by Keller Williams Realty Spring Lake $624,900
Listed by Keller Williams Realty Spring Lake

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1968
  • Effective Year Built: 1968
  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 14,810
  • Lot Size Depth Feet: 1,500
  • Lot Size Frontage Feet: 1,010
  • Total Building Area: 2,004
  • Building Area: 2,004
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 2,004
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000340
  • Standard Land Use Code: 1001
  • County Land Use Code: 2
  • Legal Description 1: ADDITIONAL LOTS: 60-K 23

Neighborhood

  • School District Name: Parsippany-Troy Hills Township School District
  • Census Tract: 041704

Zoning

  • Zoning: R-3

Geography

  • Assessors Map Reference: TAX MAP 236
  • Account Number: 02800980
  • District: 29
  • Parcel: 29 00491-0000-00023
  • Block: 491
  • Lot: 23
  • Municipality: PARSIPPANY TR HLS TWP
  • Latitude: 40.8705
  • Longitude: -74.3781

    Address

  • Full Address: 998 Vail Rd
  • Address - House Number: 998
  • Address - Street Name: Vail
  • Address - Suffix Type: Rd
  • State: NJ
  • City Name: Parsippany
  • Carrier Code: C022
  • 4-Digit Zip Code: 1634
  • Zip Code: 07054

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,108,958

    Appraisal Valuation

  • Standard Deviation: 0.1562
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 80
  • Final Value: 619,692
  • High Value: 716,493
  • Low Value: 522,890

    Market Valuation

  • Market Total Value: $427,398
  • Market Land Value: $220,542
  • Market Improvement Value: $206,856

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $327,900
  • Assessed Land Value: $169,200
  • Assessed Improvements Value: $158,700

    Sales

  • Current Sale Contract Date: Jul 20, 2004
  • Current Sale Recording Date: Aug 05, 2004
  • Current Sale Document Type: 27
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Morris


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Frequently Asked Questions

When was property at 998 Vail Road built and last sold?
The property at 998 Vail Road was built in 1968 and last sold on Jul 20, 2004 for $0.
How much is this home worth?
The estimated value of the home located at 998 Vail Road is $634,683.
What are some comparable homes to 998 Vail Road?
There are currently no comparable homes to 998 Vail Road.