$576,000
SOLD MAR 27, 2025

31 Allentown Rd Parsippany, NJ 07054

4 Beds
2 Baths
2,448 Sq Ft
8,276 Sq Ft Lot

Recently Sold

$235 Per Sq Ft

6% Below List Price

85 Days on Market

Highlights

  • In Ground Pool
  • Colonial Architecture
  • Gazebo
  • Eastlake Elementary School Rated A-
  • No HOA
  • Forced Air Heating and Cooling System

About This Home

As of March 2025

Transform this stunning & highly sought-after 2-story home in Lake Parsippany into your dream sanctuary! With 4 bedrooms & 2 bathrooms, this spacious house offers approximately 2,448 sq ft of living space. Enjoy captivating views from the charming bay windows & bask in the abundant natural light that floods through the large windows. The property boasts a cozy living room and a kitchen with built-in woodgrain cabinets. Step outside to the screened-in porch, complete with skylights, and discover a meticulously crafted gazebo perfect for relaxation and entertaining. The expansive deck invites you to unwind in gentle breezes and enjoy al fresco dining while the inviting in-ground pool adds an extra touch of luxury to this exceptional property. This home is a blank canvas, ready for your personal touches and creative vision! Don't miss out on this incredible opportunity schedule your showing today and explore the limitless potential that awaits you! Being sold AS IS, WHERE IS, Buyer is responsible for all inspections, CO and certifications. All information and property details set forth in this listing, including all utilities and all room dimensions which are approximate and deemed reliable but not guaranteed and should be independently verified if any person intends to engage in a transaction based upon it. Seller/current owner does not represent and/or guarantee that all property information and details have been provided in this MLS listing.

Last Agent to Sell the Property

Kimberlee Mcclellan

Ai Brokers LLC Listed on: 10/17/2024

Last Buyer's Agent

Elise Scalia

EXP Realty, LLC License #RS330998

EXP Realty, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,844

Year Built

  • Built in 1940

Lot Details

  • 8,276 Sq Ft Lot

Home Design

  • Colonial Architecture
  • Slab Foundation
  • Frame Construction

Interior Spaces

  • 2,448 Sq Ft Home
  • Property has 2 Levels
  • Ceiling Fan

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms
  • 2 Full Bathrooms

Parking

  • On-Street Parking
  • Parking Lot

Outdoor Features

  • In Ground Pool
  • Gazebo

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,844

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main
  • Year Built: 1940
  • Automatically Close On Close Date: No
  • Remarks Public: Transform this stunning & highly sought-after 2-story home in Lake Parsippany into your dream sanctuary! With 4 bedrooms & 2 bathrooms, this spacious house offers approximately 2,448 sq ft of living space. Enjoy captivating views from the charming bay windows & bask in the abundant natural light that floods through the large windows. The property boasts a cozy living room and a kitchen with built-in woodgrain cabinets. Step outside to the screened-in porch, complete with skylights, and discover a meticulously crafted gazebo perfect for relaxation and entertaining. The expansive deck invites you to unwind in gentle breezes and enjoy al fresco dining while the inviting in-ground pool adds an extra touch of luxury to this exceptional property. This home is a blank canvas, ready for your personal touches and creative vision! Don't miss out on this incredible opportunity schedule your showing today and explore the limitless potential that awaits you! Being sold AS IS, WHERE IS, Buyer is responsible for all inspections, CO and certifications. All information and property details set forth in this listing, including all utilities and all room dimensions which are approximate and deemed reliable but not guaranteed and should be independently verified if any person intends to engage in a transaction based upon it. Seller/current owner does not represent and/or guarantee that all property information and details have been provided in this MLS listing.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Foundation Details: Slab
  • Levels Count: 2
  • Room Count: 8
  • Basement: No
  • Total Sq Ft: 2448
  • Living Area Sq Ft: 2448
  • Price Per Sq Ft: 236.93
  • Above Grade Finished Sq Ft: 2448
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 31

Beds/Baths

  • Bedrooms: 4
  • Main Level Bedrooms: 4
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade
  • Other Structures List: Gazebo
  • Construction Materials: Frame
  • Pool Features: In Ground
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Personal
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: On Street, Parking Lot

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Ceiling Fan(s), Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No

Schools

  • School District: PARSIPPANY-TROY HILLS TOWNSHIP SCHOOLS
  • School District Key: 300200397134
  • School District Source: Listing Agent

Lot Info

  • Lot Size Acres: 0.19
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 8276.40
  • Year Assessed: 2023
  • Zoning: RES

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 9844.00
  • Assessor Parcel Number: NO TAX RECORD
  • Tax Year: 2023
  • Close Date: 03/27/2025

MLS Schools

  • School District Name: PARSIPPANY-TROY HILLS TOWNSHIP SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 17, 2024
Closed on
Jan 28, 2025
Sold by
Rcaf Acquisition Trust and Us Bank National Association
Bought by
Bonilla Victor Hugo and Bonilla Lizzeth
Seller's Agent
Kimberlee Mcclellan
Ai Brokers LLC
Buyer's Agent
Elise Scalia
EXP Realty, LLC
List Price
$610,000
Sold Price
$576,000
Premium/Discount to List
-$34,000
-5.57%
Total Days on Market
85
Views
135

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.60%
Original Mortgage
$547,200
Interest Rate
6.85%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 25, 2024
Sold by
Sheriff Of Morris County
Bought by
Rcaf Acquisition Trust and Us Bank Trust

Purchase Details

Closed on
Feb 28, 1990
Bought by
Kratt Raymond I and Kratt Sharon A
Source: Public Records

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $576,000 Elite Title Group
Sheriffs Deed $497,775 None Listed On Document
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $547,200 New Conventional
Previous Owner $278,000 Unknown
Previous Owner $97,000 Unknown
Previous Owner $172,500 Balloon
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/27/2025 03/27/25 Sold $576,000 -0.7% $235 / Sq Ft
01/10/2025 01/10/25 Pending -- -- --
12/27/2024 12/27/24 Price Changed $580,000 -2.5% $237 / Sq Ft
11/20/2024 11/20/24 Price Changed $595,000 -2.5% $243 / Sq Ft
10/17/2024 10/17/24 For Sale $610,000 -- $249 / Sq Ft
Source: Bright 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 $9,845 $289,800 $135,800 $154,000
2023 $9,845 $289,800 $135,800 $154,000
2022 $8,882 $289,800 $135,800 $154,000
2021 $8,882 $289,800 $135,800 $154,000
2020 $8,966 $289,800 $135,800 $154,000
2019 $8,726 $289,800 $135,800 $154,000
2018 $8,535 $289,800 $135,800 $154,000
2017 $8,343 $289,800 $135,800 $154,000
2016 $8,198 $289,800 $135,800 $154,000
2015 $7,981 $289,800 $135,800 $154,000
2014 $7,877 $289,800 $135,800 $154,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJMR2000182

Bright MLS

APN: 29-00227-0000-00005