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For sale by owner
  • $549,900

    251 Marcella Rd, Parsippany, NJ 07054

    3beds
    1,200sqft
    : 
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    SingleFamily
    Built in 1940
    7,840 Square Feet Lot
    $554,200 Zestimate®
    $458/sqft
    $-- HOA

    What's special

    Detached garage with workshopOffice nookFormal dining room
    Prime Parsippany Opportunity – Renovate, Expand, or Build Your Dream Home. Sold Strictly AS-IS Exceptional opportunity for homeowners, investors, builders, and developers in one of Parsippany's most desirable neighborhoods: Lake Parsippany. Whether you're looking to renovate the existing home, expand it, or start fresh with a custom luxury build, this is a rare chance to bring your vision to life. Potential plans may include a spacious home with 4 bedrooms, 3 full baths, a full basement, and an attached 2-car garage — subject to township approvals, permits, zoning, and buyer due diligence. Why This Location: Steps from beautiful Lake Parsippany Walking distance to top-rated Lake Parsippany Elementary School Served by Brooklawn Middle School and Parsippany Hills High School Quick access to Rt 80, 287, 46, and 10 Easy NJ Transit access to NYC Highlights: Desirable established residential neighborhood with strong surrounding home values Renovation, expansion, or new build potential Ideal for builders, investors, or end users Property sold strictly AS-IS — no representations made regarding condition, approvals, zoning, permits, or future development potential Buyer responsible for all due diligence, inspections, permits, and approvals Bring your contractor, architect, and imagination. Serious inquiries only.
    3 days
    |
    793
    |
    23
    |
    Listed by:

    Property Owner (973) 224-0896

    This property is for sale by owner and Zillow, Inc. is displaying it at the owner's request. It is not subject to a listing agreement with Zillow, Inc. or its affiliates.

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 1
      • Full bathrooms: 1
      Heating
      • Baseboard, Other
      Cooling
      • Other
      Appliances
      • Included: Range / Oven, Refrigerator, Washer
      • Laundry: In Unit
      Features
      • Flooring: Tile
      • Basement: None
      • Has fireplace: No
      Interior area
      • Total interior livable area: 1,200 sqft

      Property

      Parking
      • Total spaces: 2
      • Parking features: Garage - Detached, Off-street
      Features
      • Exterior features: Vinyl
      • Has view: Yes
      • View description: None
      Lot
      • Size: 7,840 Square Feet
      Details
      • Parcel number: 2900214000000006

      Construction

      Type & style
      • Home type: SingleFamily
      Materials
      • Frame
      • Roof: Asphalt
      Condition
      • New construction: No
      • Year built: 1940

      Community & HOA

      Location
      • Region: Parsippany

      Financial & listing details

      • Price per square foot: $458/sqft
      • Tax assessed value: $205,900
      • Annual tax amount: $7,153
      • Date on market: 6/9/2026

        Estimated market value

        $554,200

        $521,000 - $587,000

        $3,219/mo

        Price history

        DateEventPrice
        6/9/2026Listed for sale$549,900+120%$458/sqft
        Source: Owner Report a problem
        3/24/2021Listing removed--
        Source: Owner Report a problem
        3/29/2019Listing removed$2,150$2/sqft
        Source: Owner Report a problem
        11/5/2018Listed for rent$2,150+2.4%$2/sqft
        Source: Owner Report a problem
        8/6/2015Listing removed$2,100$2/sqft
        Source: Owner Report a problem
        7/7/2015Listed for rent$2,100$2/sqft
        Source: Owner Report a problem
        7/1/2015Sold$250,000-16.7%$208/sqft
        Source: GSMLS #3148334 Report a problem
        3/24/2015Listing removed$300,000$250/sqft
        Source: RE/MAX Home Connection Report a problem
        3/19/2015Price change$300,000+9.1%$250/sqft
        Source: RE/MAX Home Connection Report a problem
        2/25/2015Price change$275,000-5.2%$229/sqft
        Source: RE/MAX Home Connection #3148334 Report a problem
        1/9/2015Price change$290,000-3.3%$242/sqft
        Source: RE/MAX Home Connection #3148334 Report a problem
        11/19/2014Price change$300,000-7.7%$250/sqft
        Source: RE/MAX Home Connection #3148334 Report a problem
        9/14/2014Price change$325,000-1.5%$271/sqft
        Source: RE/MAX Home Connection #3148334 Report a problem
        6/10/2014Listed for sale$330,000$275/sqft
        Source: RE/MAX Home Connection #3148334 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$7,153 $205,900
        2024$7,153 +2.3%$205,900
        2023$6,994 +4.1%$205,900
        2022$6,719 +3%$205,900
        2021$6,525 +5.2%$205,900
        2020$6,200 +2.2%$205,900
        2019$6,064 +2.3%$205,900
        2018$5,928 +1.8%$205,900
        2017$5,825 +2.7%$205,900
        2016$5,670 +1.3%$205,900
        2015$5,596 +2.3%$205,900
        2014$5,469 +1.7%$205,900
        2013$5,378 +2.3%$205,900
        2012$5,257 +3.4%$205,900
        2011$5,081 +4.5%$205,900 +1.2%
        2010$4,864 +4.7%$203,500
        2009$4,644 $203,500
        2008-- $203,500 +2.5%
        2007-- $198,500
        2006-- $198,500
        2005-- $198,500
        2003-- $198,500 +186.8%
        2002-- $69,200
        2001-- $69,200

        Find assessor info on the county website

        Monthly payment

        Est. payment

          Payment breakdown

          Explore the cost of this home by adjusting the details. Changes won't be saved.
          All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
          HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
          Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
          See how much you could borrow to make a competitive offer.

          Climate risks

          Neighborhood: Lake Parsippany

          Getting around

          40 / 100
          Car-Dependent
          31 / 100
          Somewhat Bikeable

          Nearby schools

          GreatSchools rating

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