NOT LISTED FOR SALE

85 Fairfield Rd Parsippany, NJ 07054

Estimated Value: $433,000 - $514,000

3 Beds
1 Bath
864 Sq Ft
$552/Sq Ft Est. Value

Last Sold January 11, 2024

Last sale price $415,000 $480 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $3,096/month

14 Days on Market

About This Home

As of January 2024

This home is located at 85 Fairfield Rd, Parsippany, NJ 07054 since 07 October 2023 and is currently estimated at $477,335, approximately $552 per square foot. This property was built in 1960. 85 Fairfield Rd is a home located in Morris County with nearby schools including Eastlake Elementary School, Brooklawn Middle School, and Parsippany Hills High School.

Last Agent to Sell the Property

Danielle Genovese

PREMIUMONE REALTY Brokerage Phone: 908-445-5546 Listed on: 10/07/2023

Last Buyer's Agent

Gary Nagurka

RE/MAX SELECT

RE/MAX SELECT

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,020

Year Built

  • Built in 1960

Lot Details

  • 6,098 Sq Ft Lot

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Bathroom

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,020

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Year Built: 1960
  • County Name: Morris
  • I D: 5249236
  • Attribution Contact: 908-445-5546
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 3
  • Bathrooms: 1.00

Lot Info

  • Lot Size: .138 AC
  • Total Acres: 0.14

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 7, 2023
Closed on
Dec 20, 2023
Sold by
Patel Sulax and Patel Nayana
Bought by
Jones Norman and Williams Evelina
Seller's Agent
Danielle Genovese
PREMIUMONE REALTY
Buyer's Agent
Gary Nagurka
RE/MAX SELECT
List Price
$359,000
Sold Price
$415,000
Premium/Discount to List
$56,000
15.6%
Views
249
Current Estimated Value
$477,335

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$62,335
Avg. Annual Appreciation
8.08%
Original Mortgage
$290,500
Outstanding Balance
$285,227
Interest Rate
7.03%
Mortgage Type
New Conventional
Estimated Equity
$192,108

Purchase Details

Closed on
Mar 26, 1999
Sold by
Rizzo Lawrence A
Bought by
Patel Sulax and Patel Nayana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$119,900
Interest Rate
6.78%
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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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
Jones Norman $415,000 Simplicity Title
Jones Norman $415,000 Simplicity Title
Patel Sulax $149,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jones Norman $290,500
Closed Jones Norman $290,500
Previous Owner Patel Sulax $119,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/11/2024 01/11/24 Sold $415,000 +15.6% $480 / Sq Ft
10/27/2023 10/27/23 Pending -- -- --
10/12/2023 10/12/23 For Sale $359,000 -- $416 / 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 $7,020 $202,700 $134,500 $68,200
2024 $6,886 $202,700 $134,500 $68,200
2023 $6,886 $202,700 $134,500 $68,200
2022 $5,578 $202,700 $134,500 $68,200
2021 $5,578 $202,700 $134,500 $68,200
2020 $6,272 $202,700 $134,500 $68,200
2019 $6,103 $202,700 $134,500 $68,200
2018 $5,970 $202,700 $134,500 $68,200
2017 $5,836 $202,700 $134,500 $68,200
2016 $5,734 $202,700 $134,500 $68,200
2015 $5,582 $202,700 $134,500 $68,200
2014 $5,509 $202,700 $134,500 $68,200
Source: Public Records

Agents Affiliated with this Home

  • Danielle Genovese

    Seller's Agent in 2024

    Danielle Genovese

    PREMIUMONE REALTY

    (973) 346-2903

    6 in this area

    478 Total Sales

    Danielle Genovese
    Section Image
  • Gary Nagurka

    Buyer's Agent in 2024

    Gary Nagurka

    RE/MAX

    (973) 404-0163

    12 in this area

    65 Total Sales

    Gary Nagurka
    Section Image
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Map

Source: Garden State MLS

MLS Number: 3868594

Garden State MLS

APN: 29-00386-0000-00010

New Jersey Morris County Parsippany 07054

85 Fairfield Rd, Parsippany, NJ

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