NOT LISTED FOR SALE

771 Edwards Rd Parsippany, NJ 07054

Estimated Value: $560,000 - $1,020,000

2 Beds
1.5 Baths
1,660 Sq Ft
$431/Sq Ft Est. Value

Last Sold March 14, 2019

Last sale price $420,000 $253 Per Sq Ft

Est. 70% increase in value since last sale

Current estimated payment $4,678/month

30 Days on Market

Highlights

  • 0.8 Acre Lot
  • Cape Cod Architecture
  • Home Office
  • Troy Hills School Rated A-
  • Wood Flooring
  • Formal Dining Room

About This Home

As of March 2019

This property has a dual zoned code. Residential and LIW-2. Light Industrial 2 acre zone. Yes this is undersized but with TLC to the house and garages, the possibilities... If you are a tradesman working from home this is your house! The home has a large enclosed porch. A large eat-in kitchen w/access to the porch. There is a formal dining room and living room complete the first floor. 2BR's and a den/office are on the 2nd level. The detached 4+ car garage/barn has a one bedroom apartment over it. Additional parking in the rear.

Last Agent to Sell the Property

Thomas Porfido

WEICHERT REALTORS Listed on: 12/11/2018

WEICHERT REALTORS

Last Buyer's Agent

Thomas Porfido

WEICHERT REALTORS Listed on: 12/11/2018

WEICHERT REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,051

Year Built

  • Built in 1932

Lot Details

  • 0.8 Acre Lot
  • Level Lot
  • Property is zoned LIW-2/R-3

Parking

  • 4 Car Detached Garage
  • Additional Parking

Home Design

  • Cape Cod Architecture
  • Colonial Architecture
  • Clapboard

Interior Spaces

  • 1,660 Sq Ft Home
  • Living Room
  • Formal Dining Room
  • Home Office
  • Utility Room
  • Dryer

Kitchen

  • Eat-In Kitchen
  • Gas Oven or Range
  • Free-Standing Freezer

Flooring

  • Wood
  • Wall to Wall Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary bedroom located on second floor
  • Powder Room

Unfinished Basement

  • Partial Basement
  • Exterior Basement Entry

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Patio
  • Porch

Schools

  • Rckmeadow Elementary School
  • Central Middle School
  • Par-Hills High School

Utilities

  • Radiant Heating System
  • Standard Electricity
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 2329-00767-0000-00011-0000-
  • Tax Block *

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,051

Year Built

Built in 1932

Lot Details

0

Parking

4

Listing Details

  • Style: Cape Cod, Colonial
  • Primary Style: Cape Cod
  • Subproperty Type: Single Family
  • Year Built: 1932
  • Year Built Description: Approximate
  • County Name: Morris
  • Possible Other Uses: Business/Commercial
  • Street Number Display: 771
  • Directions: Rt 46E to Edwards Rd #771 on left
  • I D: 4857268
  • Modified: 2021-09-23
  • Number Images: 5
  • Section Subdiv Development: Industrial
  • First Name: THOMAS F
  • First Name3: THOMAS F
  • Last Name: PORFIDO
  • Last Name3: PORFIDO
  • Office Phone: 973-219-4460
  • Office Phone3: 973-219-4460
  • Attribution Contact: 973-267-3030
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Carpeting, Vinyl-Linoleum, Wood
  • Appliances: Carbon Monoxide Detector, Freezer-Freestanding, Range/Oven-Gas, Refrigerator, Dryer
  • Interior Amenities: Fire Extinguisher, Carbon Monoxide Detector, Smoke Detector
  • Number Rooms: 6
  • Bedrooms: 2
  • Bedroom 1 Level: Second
  • Bedroom 2 Level: Second
  • Bathrooms: 1.10
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Description: Partial, Unfinished
  • Basement Level Rooms: Utility Room, Outside Entrance
  • Dining Room Level: First
  • Kitchen Area: Eat-In Kitchen
  • Kitchen Level: First
  • Living Room Level: First
  • Other Room2 Level: Second
  • Level 1 Rooms: Living Room, Dining Room, Porch, Powder Room, Kitchen
  • Level 2 Rooms: 2 Bedrooms, Office, Bath Main
  • Estimated Sq Ft: 1660
  • Phone: 973-267-3030

Exterior Features

  • Exterior Description: Clapboard
  • Exterior Features: Patio
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Garage Description: Detached Garage
  • Number Garage Spaces: 4
  • Number Parking Spaces: 6
  • Parking Driveway Description: 1 Car Width, Additional Parking, Blacktop

Utilities

  • Fuel Type: Gas-Natural
  • Heating: 1 Unit, Radiant - Hot Water
  • Sewer: Public Sewer
  • Utilities: Electric, Gas-Natural
  • Water: Public Water
  • Water Heater: Gas

Schools

  • Elementary School: RckMeadow
  • Middle School: Central
  • High School: Par-Hills
  • High School: Par-Hills
  • Middle Jr High School: Central

Lot Info

  • Lot Size: .800 AC
  • Assessed Improvement Value: 142300
  • Assessed Land Value: 159100
  • Assessment: 301400
  • Lot Description: Level Lot
  • Lot Identifier: 11
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.80
  • Zoning: LIW-2/R-3

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 9051
  • Assessor Parcel Number: 2329-00767-0000-00011-0000-
  • Tax Rate Amount: 2.818
  • Tax Rate Tax: *
  • Tax Rate Year: 2017
  • Tax Year Tax: *
  • Tax Year: 2017

MLS Schools

  • Grade School: RckMeadow

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 11, 2018
Closed on
Feb 27, 2019
Sold by
Previty Thomas A and Estate Of Palma Melillo
Bought by
Iacovo Marco and Iacovo Nicole
Seller's Agent
Thomas Porfido
WEICHERT REALTORS
Buyer's Agent
Thomas Porfido
WEICHERT REALTORS
List Price
$550,000
Sold Price
$420,000
Premium/Discount to List
-$130,000
-23.64%
Current Estimated Value
$715,375

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$295,375
Avg. Annual Appreciation
6.99%
Original Mortgage
$398,625
Interest Rate
4.4%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
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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
Iacovo Marco $420,000 Prestige Title Agency Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Iacovo Marco $398,625
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/14/2019 03/14/19 Sold $420,000 -23.6% $253 / Sq Ft
01/10/2019 01/10/19 Pending -- -- --
12/11/2018 12/11/18 For Sale $550,000 -- $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 $10,627 $301,400 $159,100 $142,300
2024 $10,428 $301,400 $159,100 $142,300
2023 $10,428 $301,400 $159,100 $142,300
2022 $9,729 $301,400 $159,100 $142,300
2021 $9,729 $301,400 $159,100 $142,300
2020 $9,521 $301,400 $159,100 $142,300
2019 $9,256 $301,400 $159,100 $142,300
2018 $9,051 $301,400 $159,100 $142,300
2017 $8,837 $301,400 $159,100 $142,300
2016 $8,677 $301,400 $159,100 $142,300
2015 $8,457 $301,400 $159,100 $142,300
2014 $8,340 $301,400 $159,100 $142,300
Source: Public Records

Agents Affiliated with this Home

  • Thomas Porfido

    Seller's Agent in 2019

    Thomas Porfido

    WEICHERT REALTORS

    (973) 219-4460

    7 in this area

    23 Total Sales

    Thomas Porfido
    Section Image
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Map

Source: Garden State MLS

MLS Number: 3520081

Garden State MLS

APN: 29-00767-0000-00011

New Jersey Morris County Parsippany 07054

771 Edwards Rd, Parsippany, NJ

This home is located at 771 Edwards Rd, Parsippany, NJ 07054 since 11 December 2018 and is currently estimated at $715,375, approximately $430 per square foot. This property was built in 1932. 771 Edwards Rd is a home located in Morris County with nearby schools including Troy Hills School, Central Middle School, and Parsippany High School.

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