NOT LISTED FOR SALE

261 Parsippany Rd Whippany, NJ 07981

Parsippany Neighborhood

Estimated Value: $825,000

-- Bed
-- Bath
-- Sq Ft
9,191 Sq Ft Lot

About This Home

This home is located at 261 Parsippany Rd, Whippany, NJ 07981 and is currently estimated at $825,000. 261 Parsippany Rd is a home with nearby schools including Eastlake Elementary School, Brooklawn Middle School, and Parsippany Hills High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 23, 2022
Sold by
J & S Corporation Llc
Bought by
Patwalia Family Enterprises Llc
Current Estimated Value
$825,000

Purchase Details

Closed on
Nov 27, 2018
Sold by
Shri Sai Shakti Llc
Bought by
J & S Corporation Llc and J & S Coporation Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$717,500
Interest Rate
4.8%
Mortgage Type
Unknown

Purchase Details

Closed on
Jun 30, 2014
Sold by
Machnis Assets Llc
Bought by
Shri Sai Shakti Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,040,000
Interest Rate
4.16%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 30, 2004
Sold by
Adelphia Associates Llc
Bought by
Machnis Assets Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
5.75%
Mortgage Type
Commercial

Range of Values:

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

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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
Patwalia Family Enterprises Llc $700,000 Golden Title
Patwalia Family Enterprises Llc $700,000 Golden Title
J & S Corporation Llc $1,200,000 River Edge Title Agency Llc
Shri Sai Shakti Llc $110,000 None Available
Shri Sai Shakti Llc $990,000 None Available
Machnis Assets Llc $20,000 --
Machnis Assets $850,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Patwalia Family Enterprises Li $1,500,000
Previous Owner Rogers Alyzabeth Webb $132,050
Previous Owner J & S Corporation Llc $717,500
Previous Owner J & S Corporation Llc $717,500
Previous Owner J & S Coporation Llc $122,500
Previous Owner Shri Sai Shakti Llc $2,000,000
Previous Owner Shri Sai Shakti Llc $1,040,000
Previous Owner Machnis Assets Llc $800,000
Previous Owner Machnis Assets $50,000
Previous Owner Newell Robert C $206,000
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
2024 $15,405 $453,500 $264,000 $189,500
2023 $15,405 $453,500 $264,000 $189,500
2022 $14,371 $453,500 $264,000 $189,500
2021 $14,371 $453,500 $264,000 $189,500
2020 $14,031 $453,500 $264,000 $189,500
2019 $11,893 $395,000 $225,000 $170,000
2018 $11,633 $395,000 $225,000 $170,000
2017 $11,372 $395,000 $225,000 $170,000
2016 $11,175 $395,000 $225,000 $170,000
2015 $10,878 $395,000 $225,000 $170,000
2014 $10,736 $395,000 $225,000 $170,000
Source: Public Records

Map

New Jersey Morris County Whippany 07054 Parsippany

261 Parsippany Rd, Whippany, NJ

Homes for Sale in Whippany, NJ

This home is located at 261 Parsippany Rd, Whippany, NJ 07981 and is currently estimated at $825,000. 261 Parsippany Rd is a home with nearby schools including Eastlake Elementary School, Brooklawn Middle School, and Parsippany Hills High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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