NOT LISTED FOR SALE

256 Marcella Rd Parsippany, NJ 07054

Estimated Value: $512,000 - $571,000

3 Beds
1 Bath
1,056 Sq Ft
$513/Sq Ft Est. Value

Last Sold May 28, 2021

Last sale price $425,751 $403 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $3,545/month

7 Days on Market

About This Home

As of May 2021

This home is located at 256 Marcella Rd, Parsippany, NJ 07054 since 05 April 2021 and is currently estimated at $542,043, approximately $513 per square foot. This property was built in 1958. 256 Marcella Rd is a home located in Morris County with nearby schools including Lake Parsippany Elementary School, Brooklawn Middle School, and Parsippany Hills High School.

Last Agent to Sell the Property

LEONARD CIPKINS

WEICHERT REALTORS Brokerage Phone: 973-334-9400 Listed on: 04/05/2021

Last Buyer's Agent

Ritu MALIK

COLDWELL BANKER REALTY

COLDWELL BANKER REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,463

Year Built

  • Built in 1958

Lot Details

  • 3,920 Sq Ft Lot

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Bathroom

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,463

Year Built

Built in 1958

Lot Details

0

Listing Details

  • Year Built: 1958
  • County Name: Morris
  • Street Number Display: 256
  • I D: 5052954
  • Modified: 2025-07-22
  • Number Images: 1
  • Attribution Contact: 973-334-9400
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 3
  • Bathrooms: 1.00

Lot Info

  • Lot Size: .092 AC
  • Total Acres: 0.09

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 5, 2021
Closed on
May 24, 2021
Sold by
Davies Matthew J and Davies Joan S
Bought by
Mehta Payal Ankurkumar and Mehta Ankurkumar Nareshchandra
Seller's Agent
LEONARD CIPKINS
WEICHERT REALTORS
Buyer's Agent
Ritu MALIK
COLDWELL BANKER REALTY
List Price
$385,000
Sold Price
$425,751
Premium/Discount to List
$40,751
10.58%
Total Days on Market
7
Current Estimated Value
$529,366

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$103,615
Avg. Annual Appreciation
5.19%
Original Mortgage
$340,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 9, 1998
Sold by
Davis Richard C and Davis Donna M
Bought by
Davies Matthew J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$174,600
Interest Rate
6.8%

Purchase Details

Closed on
Aug 29, 1997
Sold by
Davis Richard C and Davis Donna M
Bought by
Davis Richard C and Davis Donna M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$123,685
Interest Rate
7.31%

Purchase Details

Closed on
Nov 28, 1994
Sold by
Braun Robert
Bought by
Davis Richard and Visich Donna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$126,000
Interest Rate
9%
Source: Public Records

Range of Values:

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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
Mehta Payal Ankurkumar $425,751 Golden Title Agency
Davies Matthew J $180,000 --
Davis Richard C -- --
Davis Richard $157,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mehta Ankurkumar Nareshchandra $335,000
Previous Owner Mehta Payal Ankurkumar $340,000
Previous Owner Davies Matthew J $272,350
Previous Owner Davies Matthes J $289,000
Previous Owner Davies Matthew J $53,000
Previous Owner Davies Matthew J $174,600
Previous Owner Davis Richard C $123,685
Previous Owner Davis Richard $126,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/28/2021 05/28/21 Sold $425,751 +10.6% $403 / Sq Ft
04/14/2021 04/14/21 Pending -- -- --
04/06/2021 04/06/21 For Sale $385,000 -- $365 / Sq Ft
Source: Garden State MLS

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
2024 $7,463 $223,900 $123,000 $100,900
2023 $7,463 $219,700 $123,000 $96,700
2022 $6,962 $219,700 $123,000 $96,700
2021 $6,962 $219,700 $123,000 $96,700
2020 $6,798 $219,700 $123,000 $96,700
2019 $6,615 $219,700 $123,000 $96,700
2018 $6,470 $219,700 $123,000 $96,700
2017 $6,325 $219,700 $123,000 $96,700
2016 $6,215 $219,700 $123,000 $96,700
2015 $6,051 $219,700 $123,000 $96,700
2014 $5,971 $219,700 $123,000 $96,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3702397

Garden State MLS

APN: 29-00215-0000-00013