NOT LISTED FOR SALE

26 Farrand Dr Parsippany, NJ 07054

Estimated Value: $748,000

4 Beds
3 Baths
2,113 Sq Ft
$354/Sq Ft Est. Value

Last Sold April 28, 2021

Last sale price $525,000 $248 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $5,150/month

12 Days on Market

About This Home

As of April 2021

This home is located at 26 Farrand Dr, Parsippany, NJ 07054 since 25 February 2021 and is currently estimated at $748,000, approximately $353 per square foot. This property was built in 1960. 26 Farrand Dr is a home located in Morris County with nearby schools including Lake Hiawatha Elementary School, Central Middle School, and Parsippany High School.

Last Agent to Sell the Property

Connor Ebersole

KELLER WILLIAMS METROPOLITAN Brokerage Phone: 973-539-1120 Listed on: 02/25/2021

KELLER WILLIAMS METROPOLITAN

Last Buyer's Agent

Fern Felssenheld

COMPASS NEW JERSEY, LLC

COMPASS NEW JERSEY, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,889

Year Built

  • Built in 1960

Lot Details

  • 0.36 Acre Lot

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,889

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Year Built: 1960
  • County Name: Morris
  • Street Number Display: 26
  • I D: 5049947
  • Modified: 2025-07-21
  • Number Images: 1
  • Attribution Contact: 973-539-1120
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 4
  • Bathrooms: 2.10

Lot Info

  • Lot Size: .360 AC
  • Total Acres: 0.36

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 25, 2021
Closed on
Apr 26, 2021
Sold by
Banks Edwin M and Banks Kathy
Bought by
Pociask Marni
Seller's Agent
Connor Ebersole
KELLER WILLIAMS METROPOLITAN
Buyer's Agent
Fern Felssenheld
COMPASS NEW JERSEY, LLC
List Price
$499,900
Sold Price
$525,000
Premium/Discount to List
$25,100
5.02%
Current Estimated Value
$748,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$223,000
Avg. Annual Appreciation
8.54%
Original Mortgage
$472,500
Outstanding Balance
$432,725
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$315,275

Purchase Details

Closed on
Nov 30, 1998
Sold by
Bookbinder Newton and Bookbinder Sheila
Bought by
Banks Edwin N and Banks Katherine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
6.8%
Source: Public Records

Range of Values:

Collateral Analytics

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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
Pociask Marni $525,000 Stewart Title Guaranty Co
Banks Edwin N $282,000 Commonwealth Land Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pociask Marni $472,500
Previous Owner Banks Edwin M $300,000
Previous Owner Banks Ed $200,000
Previous Owner Banks Edwin M $20,000
Previous Owner Banks Edwin N $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/28/2021 04/28/21 Sold $525,000 +5.0% $248 / Sq Ft
03/09/2021 03/09/21 Pending -- -- --
02/25/2021 02/25/21 For Sale $499,900 -- $237 / 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 $12,889 $372,500 $192,000 $180,500
2023 $12,889 $372,500 $192,000 $180,500
2022 $12,889 $372,500 $192,000 $180,500
2021 $12,024 $372,500 $192,000 $180,500
2020 $11,767 $372,500 $192,000 $180,500
2019 $11,439 $372,500 $192,000 $180,500
2018 $11,186 $372,500 $192,000 $180,500
2017 $10,922 $372,500 $192,000 $180,500
2016 $10,724 $372,500 $192,000 $180,500
2015 $10,452 $372,500 $192,000 $180,500
2014 $10,307 $372,500 $192,000 $180,500
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2021

    Connor Ebersole

    KELLER WILLIAMS METROPOLITAN

    (973) 539-1120

    3 in this area

    30 Total Sales

    Connor Ebersole
    Section Image

  • F

    Buyer's Agent in 2021

    Fern Felssenheld

    COMPASS NEW JERSEY, LLC

    (973) 251-0100

    3 in this area

    45 Total Sales

    Fern Felssenheld
    Section Image
See All Agents

Map

Source: Garden State MLS

MLS Number: 3693961

Garden State MLS

APN: 29-00708-0000-00024

New Jersey Morris County Parsippany 07054

26 Farrand Dr, Parsippany, NJ

This home is located at 26 Farrand Dr, Parsippany, NJ 07054 since 25 February 2021 and is currently estimated at $748,000, approximately $353 per square foot. This property was built in 1960. 26 Farrand Dr is a home located in Morris County with nearby schools including Lake Hiawatha Elementary School, Central Middle School, and Parsippany High School.

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