NOT LISTED FOR SALE

7 Cherry Ln Parsippany, NJ 07054

Estimated Value: $733,816 - $790,000

4 Beds
3 Baths
2,113 Sq Ft
$364/Sq Ft Est. Value

Last Sold August 27, 2025

Last sale price $780,000 $369 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $5,135/month

14 Days on Market

About This Home

As of August 2025

This home is located at 7 Cherry Ln, Parsippany, NJ 07054 since 07 July 2025 and is currently estimated at $768,954, approximately $363 per square foot. This property was built in 1965. 7 Cherry Ln 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

Andrea Martone

REALTY EXECUTIVES PLATINUM Brokerage Phone: 973-887-0095 Listed on: 07/07/2025

REALTY EXECUTIVES PLATINUM

Last Buyer's Agent

Claudia Torrisi

WEICHERT REALTORS

WEICHERT REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,029

Year Built

  • Built in 1965

Lot Details

  • 0.34 Acre Lot

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,029

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Year Built: 1965
  • County Name: Morris
  • I D: 5369848
  • Attribution Contact: 973-887-0095
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 4
  • Bathrooms: 2.10

Lot Info

  • Lot Size: .344 AC
  • Total Acres: 0.34

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 7, 2025
Closed on
Aug 25, 2025
Sold by
Ayers Thomas P and Ayres Thomas Joseph
Bought by
Chen Irvine and Patel Dhruva T
Seller's Agent
Andrea Martone
REALTY EXECUTIVES PLATINUM
Buyer's Agent
Claudia Torrisi
WEICHERT REALTORS
List Price
$700,000
Sold Price
$780,000
Premium/Discount to List
$80,000
11.43%
Views
130
Current Estimated Value
$768,954

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$11,046
Avg. Annual Appreciation
-5.55%
Original Mortgage
$468,000
Outstanding Balance
$467,595
Interest Rate
6.72%
Mortgage Type
New Conventional
Estimated Equity
$301,359

Purchase Details

Closed on
Feb 13, 2008
Sold by
Ayres Janet H
Bought by
Ayres Thomas P
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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
Chen Irvine $780,000 Fidelity National Title
Ayres Thomas P -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chen Irvine $468,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/27/2025 08/27/25 Sold $780,000 +11.4% $369 / Sq Ft
07/24/2025 07/24/25 Pending -- -- --
07/10/2025 07/10/25 For Sale $700,000 -- $331 / 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 $13,029 $369,500 $188,800 $180,700
2024 $12,785 $369,500 $188,800 $180,700
2023 $12,785 $369,500 $188,800 $180,700
2022 $11,677 $369,500 $188,800 $180,700
2021 $11,677 $369,500 $188,800 $180,700
2020 $11,673 $369,500 $188,800 $180,700
2019 $11,347 $369,500 $188,800 $180,700
2018 $11,096 $369,500 $188,800 $180,700
2017 $10,834 $369,500 $188,800 $180,700
2016 $10,638 $369,500 $188,800 $180,700
2015 $10,368 $369,500 $188,800 $180,700
2014 $10,224 $369,500 $188,800 $180,700
Source: Public Records

Agents Affiliated with this Home

  • Andrea Martone

    Seller's Agent in 2025

    Andrea Martone

    REALTY EXECUTIVES PLATINUM

    (973) 886-2626

    66 in this area

    152 Total Sales

    Andrea Martone
    Section Image
  • Claudia Torrisi

    Buyer's Agent in 2025

    Claudia Torrisi

    WEICHERT REALTORS

    (973) 610-5466

    1 in this area

    23 Total Sales

    Claudia Torrisi
    Section Image

  • J

    Buyer Co-Listing Agent in 2025

    JANICE MARIA LEE

    WEICHERT REALTORS

See All Agents

Map

Source: Garden State MLS

MLS Number: 3973623

Garden State MLS

APN: 29-00702-0000-00004

New Jersey Morris County Parsippany 07054

7 Cherry Ln, Parsippany, NJ

Not Listed for Sale

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