NOT LISTED FOR SALE

498 Parsippany Blvd Boonton, NJ 07005

Estimated Value: $647,000 - $700,000

-- Bed
-- Bath
2,048 Sq Ft
$329/Sq Ft Est. Value

Last Sold March 04, 2022

Last sale price $520,000 $254 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $4,502/month

15 Days on Market

About This Home

As of March 2022

This home is located at 498 Parsippany Blvd, Boonton, NJ 07005 since 27 December 2021 and is currently estimated at $674,346, approximately $329 per square foot. This property was built in 1950. 498 Parsippany Blvd is a home located in Morris County with nearby schools including Intervale Elementary School, Brooklawn Middle School, and Parsippany Hills High School.

Last Agent to Sell the Property

Alpa Kalola

COLDWELL BANKER REALTY Brokerage Phone: 973-263-0400 Listed on: 12/27/2021

COLDWELL BANKER REALTY

Last Buyer's Agent

Rusi Gandhi

RE/MAX SELECT

RE/MAX SELECT

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,127

Year Built

  • Built in 1950

Lot Details

  • 0.52 Acre Lot

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,127

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Year Built: 1950
  • County Name: Morris
  • Street Number Display: 498
  • I D: 5115223
  • Modified: 2023-03-05
  • Number Images: 1
  • Attribution Contact: 973-263-0400
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: .520 AC
  • Total Acres: 0.52

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 7, 2021
Sold by
Krishy Limited Liabilitycompany
Bought by
Gadara Bharatkumar and Patel Rameshkumar
Current Estimated Value
$674,346

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$333,750
Outstanding Balance
$302,592
Interest Rate
2.99%
Estimated Equity
$371,754

Purchase Details

Closed on
May 14, 2021
Sold by
Krishy Limited Liability Company
Bought by
Patel Rameshkumar and Gadara Bharatkumar

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$333,750
Outstanding Balance
$302,592
Interest Rate
2.99%
Estimated Equity
$371,754

Purchase Details

Listed on
Oct 8, 2013
Closed on
Oct 8, 2013
Sold by
Fischbach Lois A
Bought by
Krishy Llc
Seller's Agent
Jacqueline Scura
COMPASS OF NEW JERSEY
Buyer's Agent
VIVEK MALHOTRA
COLDWELL BANKER REALTY
Sold Price
$325,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.28%

Purchase Details

Closed on
Nov 23, 2011
Sold by
The Provident Bank
Bought by
Fischbach Lois A
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
Gadara Bharatkumar $445,000 --
Patel Rameshkumar $445,000 Old Republic Title
Krishy Llc $325,000 Chicago Title Ins Co
Fischbach Lois A -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gadara Bharatkumar $333,750
Closed Gadara Bharatkumar --
Closed Patel Rameshkumar $333,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/04/2022 03/04/22 Sold $520,000 +2.0% $254 / Sq Ft
01/11/2022 01/11/22 Pending -- -- --
12/27/2021 12/27/21 For Sale $510,000 +56.9% $249 / Sq Ft
10/08/2013 10/08/13 Sold $325,000 -- $159 / 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
2025 $11,127 $326,300 $193,700 $132,600
2024 $10,921 $326,300 $193,700 $132,600
2023 $10,921 $326,300 $193,700 $132,600
2022 $10,210 $326,300 $193,700 $132,600
2021 $10,210 $326,300 $193,700 $132,600
2020 $9,991 $326,300 $193,700 $132,600
2019 $9,720 $326,300 $193,700 $132,600
2018 $9,505 $326,300 $193,700 $132,600
2017 $9,287 $326,300 $193,700 $132,600
2016 $9,120 $326,300 $193,700 $132,600
2015 $8,888 $326,300 $193,700 $132,600
2014 $8,768 $326,300 $193,700 $132,600
Source: Public Records

Agents Affiliated with this Home

  • Alpa Kalola

    Seller's Agent in 2022

    Alpa Kalola

    COLDWELL BANKER REALTY

    (862) 345-2855

    14 in this area

    28 Total Sales

    Alpa Kalola
    Section Image
  • Rusi Gandhi

    Buyer's Agent in 2022

    Rusi Gandhi

    RE/MAX

    (973) 865-3225

    18 in this area

    35 Total Sales

    Rusi Gandhi
    Section Image
  • Jacqueline Scura

    Seller's Agent in 2013

    Jacqueline Scura

    COMPASS OF NEW JERSEY

    (973) 214-9488

    123 in this area

    215 Total Sales

    Jacqueline Scura
    Section Image

  • V

    Buyer's Agent in 2013

    VIVEK MALHOTRA

    COLDWELL BANKER REALTY

See All Agents

Map

Source: Garden State MLS

MLS Number: 3756877

Garden State MLS

APN: 29-00423-1-00011-2

New Jersey Morris County Boonton 07005

498 Parsippany Blvd, Boonton, NJ

This home is located at 498 Parsippany Blvd, Boonton, NJ 07005 since 27 December 2021 and is currently estimated at $674,346, approximately $329 per square foot. This property was built in 1950. 498 Parsippany Blvd is a home located in Morris County with nearby schools including Intervale Elementary School, Brooklawn Middle School, and Parsippany Hills High School.

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