NOT LISTED FOR SALE

119 Cherry Hill Rd Parsippany, NJ 07054

Estimated Value: $14,374,843

-- Bed
-- Bath
89,314 Sq Ft
$161/Sq Ft Est. Value

About This Home

This home is located at 119 Cherry Hill Rd, Parsippany, NJ 07054 and is currently estimated at $14,374,843, approximately $160 per square foot. 119 Cherry Hill Rd is a home with nearby schools including Intervale Elementary School, Brooklawn Middle School, and Parsippany Hills High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 15, 2019
Sold by
Rex 119 Cherry Hill Road Spe Llc
Bought by
Cherry Hill Portfolio Llc
Current Estimated Value
$14,374,843

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
3.6%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 23, 2005
Sold by
Reckson Operating Partnership
Bought by
Ra 119 Cherry Hill Rd Llc

Purchase Details

Closed on
Aug 13, 1998
Sold by
119 Cherry Hill Associates Llc
Bought by
Reckson Operating Partnership Lp
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Cherry Hill Portfolio Llc $10,525,000 Agent For Stewart Ttl Guaran
Ra 119 Cherry Hill Rd Llc -- --
Reckson Operating Partnership Lp $9,952,500 Stewart Title Guaranty Compa
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cherry Hill Portfolio Llc $500,000
Source: Public Records

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $235,290 $6,900,000 $4,646,000 $2,254,000
2024 $230,943 $6,900,000 $4,646,000 $2,254,000
2023 $230,943 $6,900,000 $4,646,000 $2,254,000
2022 $215,901 $6,900,000 $4,646,000 $2,254,000
2021 $215,901 $6,900,000 $4,646,000 $2,254,000
2020 $211,278 $6,900,000 $4,646,000 $2,254,000
2019 $205,551 $6,900,000 $4,646,000 $2,254,000
2018 $200,997 $6,900,000 $4,646,000 $2,254,000
2017 $196,374 $6,900,000 $4,646,000 $2,254,000
2016 $192,855 $6,900,000 $4,646,000 $2,254,000
2015 $187,956 $6,900,000 $4,646,000 $2,254,000
2014 $185,403 $6,900,000 $4,646,000 $2,254,000
Source: Public Records

Map

New Jersey Morris County Parsippany 07054

119 Cherry Hill Rd, Parsippany, NJ

Not Listed for Sale

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