NOT LISTED FOR SALE

88 Lawrence Rd Parsippany, NJ 07054

Estimated Value: $370,000 - $397,000

2 Beds
1 Bath
900 Sq Ft
$433/Sq Ft Est. Value

Last Sold October 03, 2023

Last sale price $344,500 $383 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $2,590/month

52 Days on Market

About This Home

As of October 2023

This home is located at 88 Lawrence Rd, Parsippany, NJ 07054 since 27 June 2023 and is currently estimated at $389,329, approximately $432 per square foot. This property was built in 1950. 88 Lawrence Rd is a home located in Morris County with nearby schools including Lake Parsippany Elementary School, Brooklawn Middle School, and Parsippany Hills High School.

Last Agent to Sell the Property

Josephine Tuscano

CENTURY 21 ELITE REALTY Brokerage Phone: 973-263-2200 Listed on: 06/27/2023

CENTURY 21 ELITE REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,507

Year Built

  • Built in 1950

Lot Details

  • 3,920 Sq Ft Lot

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,507

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Year Built: 1950
  • County Name: Morris
  • I D: 5205336
  • Attribution Contact: 973-263-2200
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 2
  • Bathrooms: 1.00

Lot Info

  • Lot Size: .092 AC
  • Total Acres: 0.09

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 27, 2023
Closed on
Sep 26, 2023
Sold by
14 Dayton Road Llc
Bought by
Velasquez Mercedes
Seller's Agent
Josephine Tuscano
CENTURY 21 ELITE REALTY
List Price
$359,000
Sold Price
$344,500
Premium/Discount to List
-$14,500
-4.04%
Views
226
Current Estimated Value
$389,329

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$44,829
Avg. Annual Appreciation
6.09%
Original Mortgage
$202,000
Outstanding Balance
$198,110
Interest Rate
7.23%
Mortgage Type
New Conventional
Estimated Equity
$191,219

Purchase Details

Closed on
Apr 5, 2023
Sold by
Schiavo Michael
Bought by
14 Dayton Road Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,527
Interest Rate
6.42%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 15, 2014
Closed on
Apr 15, 2014
Sold by
Koch Russell and Koch Kerri D
Bought by
Schiavo Michael and Schiavo Susan
Seller's Agent
Linda LoCastro
RE/MAX SELECT
Buyer's Agent
Josephine Tuscano
CENTURY 21 ELITE REALTY
Sold Price
$221,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.03%
Original Mortgage
$171,000
Interest Rate
4.36%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 11, 2008
Sold by
Buchman Richard and Buchman Jennifer
Bought by
Koch Russell

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$235,000
Interest Rate
5.57%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 31, 2001
Sold by
Koskie John
Bought by
Kelleher Jennifer

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,000
Interest Rate
7.14%
Source: Public Records

Range of Values:

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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
Velasquez Mercedes $344,500 Clear Skies Title
Velasquez Mercedes $344,500 Clear Skies Title
14 Dayton Road Llc $275,000 Authentic Title Services
Schiavo Michael $221,000 None Available
Koch Russell $275,000 Multiple
Kelleher Jennifer $185,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Velasquez Mercedes $202,000
Closed Velasquez Mercedes $202,000
Previous Owner 14 Dayton Road Llc $280,527
Previous Owner Schiavo Michael $171,000
Previous Owner Koch Russell $235,000
Previous Owner Kelleher Jennifer $148,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/03/2023 10/03/23 Sold $344,500 -4.0% $383 / Sq Ft
08/18/2023 08/18/23 Pending -- -- --
06/27/2023 06/27/23 For Sale $359,000 +62.4% $399 / Sq Ft
04/15/2014 04/15/14 Sold $221,000 -- $246 / Sq Ft View Prior Sale
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 $6,507 $187,900 $123,000 $64,900
2024 $6,383 $187,900 $123,000 $64,900
2023 $6,383 $187,900 $123,000 $64,900
2022 $5,955 $187,900 $123,000 $64,900
2021 $5,955 $187,900 $123,000 $64,900
2020 $5,814 $187,900 $123,000 $64,900
2019 $5,658 $187,900 $123,000 $64,900
2018 $5,534 $187,900 $123,000 $64,900
2017 $5,410 $187,900 $123,000 $64,900
2016 $5,316 $187,900 $123,000 $64,900
2015 $5,175 $187,900 $123,000 $64,900
2014 $5,107 $187,900 $123,000 $64,900
Source: Public Records

Agents Affiliated with this Home

  • Josephine Tuscano

    Seller's Agent in 2023

    Josephine Tuscano

    CENTURY 21 ELITE REALTY

    (973) 263-2200

    10 in this area

    58 Total Sales

    Josephine Tuscano
    Section Image
  • Linda LoCastro

    Seller's Agent in 2014

    Linda LoCastro

    RE/MAX

    (973) 464-8679

    4 in this area

    29 Total Sales

    Linda LoCastro
    Section Image
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Map

Source: Garden State MLS

MLS Number: 3851584

Garden State MLS

APN: 29-00269-0000-00014

New Jersey Morris County Parsippany 07054

88 Lawrence Rd, Parsippany, NJ

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