48 Prospect Rd Parsippany, NJ 07054

Built 1960 · Vacant LandNew owner since Jun 29, 20262 owner signals on a paid plan
Assessed
$211,400
Last sale
$560,000Jun 29, 2026
Built
1960
Size
842 sq ft
Status
No open cases

Property information

Block
242
Lot
16
Qualifier
—
County
Morris
Municipality
Parsippany Tr Hls Twp
Tax map page
M140
Land description
.230 AC

Building details

Building class
16
Description
1SF
Dwellings
1
Zoning
R-4
Square feet
842
Acreage
0.23 ac

Assessment

Land value
$144,000
68%
Improvement value
$67,400
32%
Total assessment
$211,400
Sale assessment
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Tax (2024)
$7,321

Owner mailing

Street address

Property information on this site is compiled from public sources and is provided as-is; we do not guarantee its accuracy.

5 events · 1960–2026

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  • Deed recorded

    +147% vs 2002
    $560,000
    Held24.2 yrs
  • Mortgage discharged

    Instrument2026028449CountyMorris
  • 5 years
  • Mortgage recorded

    Instrument2021076344CountyMorris
  • 19 years
  • Deed recorded

    $227,000
    Per sq ft$270Sq ft842RecordedApr 19, 2002
  • 42 years
  • Property Built

YearProperty taxChangeLandImprovementAssessment
2024$7,321+1.9%$144,000$67,400$211,400
2023$7,181+7.2%$144,000$67,400$211,400
2022$6,699+2.4%$144,000$67,400$211,400
2021$6,541+2.8%$144,000$67,400$211,400
2020$6,365+2.2%$144,000$67,400$211,400
2019$6,226+2.3%$144,000$67,400$211,400
2018$6,086+1.8%$144,000$67,400$211,400
2017$5,981+2.7%$144,000$67,400$211,400
2016$5,822+1.3%$144,000$67,400$211,400
2015$5,746+2.3%$144,000$67,400$211,400
2014$5,615+1.7%$144,000$67,400$211,400
2013$5,522+2.3%$144,000$67,400$211,400
2012$5,397+2.2%$144,000$67,400$211,400
2011$5,279+4.5%$144,000$67,400$211,400
2010$5,052+4.7%$144,000$67,400$211,400
2009$4,824+4.0%$144,000$67,400$211,400
2008$4,640+5.3%$144,000$67,400$211,400
2007$4,408+6.6%$144,000$67,400$211,400
2006$4,133+4.8%$144,000$67,400$211,400
2005$3,943+5.2%$144,000$67,400$211,400
2004$3,748-3.5%$144,000$67,400$211,400
2003$3,885+1.8%$144,000$67,400$211,400
2002$3,816+0.8%$35,700$44,400$80,100
2001$3,786+3.6%$35,700$44,400$80,100
2000$3,653+4.0%$35,700$44,400$80,100
1999$3,511+3.2%$35,700$44,400$80,100
1998$3,402+1.6%$35,700$44,400$80,100
1997$3,349+4.8%$35,700$44,400$80,100
1996$3,194+4.4%$35,700$44,400$80,100
1995$3,059+6.4%$35,700$44,400$80,100
1994$2,874+2.9%$35,700$44,400$80,100
1993$2,794+5.8%$35,700$44,400$80,100
1992$2,641+6.5%$35,700$44,400$80,100
1991$2,481+10.3%$35,700$44,400$80,100
1990$2,249-1.4%$35,700$44,400$80,100
1989$2,281—$35,700$44,400$80,100