Active

$574,000

56 Highwood Rd, Parsippany-Troy Hills Twp., NJ 07834

3beds

1,240sqft

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Single Family Residence

Built in 1924

5,227 Square Feet Lot

$571,300 Zestimate^®

$463/sqft

$40/mo HOA

What's special

Cozy wood burning fireplacePeaceful wooded settingHardwood floorsUpdated bathroomNew stainless steel appliancesAttached garage adds convenience

Charming and well-maintained 3-bedroom home in the desirable Rainbow Lakes Community. Pride of ownership shines throughout with hardwood floors, a cozy wood burning fireplace, new stainless steel appliances, and an updated bathroom. Nestled in a peaceful wooded setting, this home is just moments from 6 lakes, beach, parks, the clubhouse, recreational leagues, and more. The basement offers storage and a workbench area, while the attached garage adds convenience. Ideally located just one mile from downtown Denville, the train station to NYC, and bus service, with easy access to major highways, this home offers the perfect blend of convenience and the charm and tranquility of Rainbow lakes.

13 days

1,564

89

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Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 1
Full bathrooms: 1

Bedroom 1

Level: First
Area: 153
Dimensions: 17 x 9

Bedroom 2

Level: Second
Area: 336
Dimensions: 21 x 16

Bedroom 3

Level: Second
Area: 110
Dimensions: 11 x 10

Dining room

Features: Formal Dining Room
Level: First
Area: 204
Dimensions: 17 x 12

Kitchen

Features: See Remarks
Level: First
Area: 117
Dimensions: 13 x 9

Living room

Level: First
Area: 264
Dimensions: 22 x 12

Heating

1 Unit, Baseboard - Hotwater, Natural Gas, Oil Tank Above Ground - Inside

Cooling

Window Unit(s)

Appliances

Included: Carbon Monoxide Detector, Dryer, Microwave, Refrigerator, Washer

Features

Storage Room
Flooring: Tile, Wood
Basement: Yes,Unfinished,Walk-Out Access
Number of fireplaces: 1
Fireplace features: Wood Burning

Interior area

Total structure area: 1,240
Total interior livable area: 1,240 sqft

Property

Parking

Total spaces: 1
Parking features: 1 Car Width, Asphalt, Attached Garage, Garage
Attached garage spaces: 1
Uncovered spaces: 1

Features

Patio & porch: Patio
Waterfront features: Lake Privileges

Lot

Size: 5,227 Square Feet
Dimensions: .120 AC

Details

Additional structures: Storage Shed
Parcel number: 2329001150000000240000

Construction

Type & style

Home type: SingleFamily
Architectural style: Lakestyle,Cape Cod
Property subtype: Single Family Residence

Materials

Wood Siding
Roof: Asphalt Shingle

Condition

Year built: 1924

Utilities & green energy

Gas: Gas In Street
Sewer: Public Sewer
Water: Public
Utilities for property: Electricity Connected, Gas In Street, See Remarks, Cable Available, Fiber Optic Available, Garbage Included

Community & HOA

Community

Features: Clubhouse, Playground, Tennis Court(s)
Security: Carbon Monoxide Detector(s), Smoke Detector(s), Carbon Monoxide Detector
Application fee: $750
Subdivision: Rainbow Lakes

HOA

Has HOA: Yes
Services included: Maintenance-Common Area
HOA fee: $475 annually

Location

Region: Denville

Financial & listing details

Price per square foot: $463/sqft
Tax assessed value: $218,400
Annual tax amount: $7,751
Date on market: 5/30/2026
Ownership type: Fee Simple
Electric utility on property: Yes

Estimated market value

$571,300

$543,000 - $600,000

$3,035/mo

Price history

Date	Event	Price
5/30/2026	Listed for sale	$574,000+97.9%$463/sqft
Source: GSMLS #4029747 Report a problem
7/20/2018	Sold	$290,000-3.3%$234/sqft
Source: GSMLS #3436020 Report a problem
4/17/2018	Listing removed	$299,900$242/sqft
Source: BHHS - NEW JERSEY PROPERTIES #3436020 Report a problem
2/3/2018	Price change	$299,900-6.3%$242/sqft
Source: BHHS - NEW JERSEY PROPERTIES #3436020 Report a problem
12/16/2017	Listed for sale	$320,000$258/sqft
Source: BHHS - NEW JERSEY PROPERTIES #3436020 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$7,587	$218,400
2024	$7,587 +2%	$218,400
2023	$7,441 +4.4%	$218,400
2022	$7,126 +2.4%	$218,400
2021	$6,963 +5%	$218,400
2020	$6,633 +3.5%	$218,400
2019	$6,406 +2.3%	$218,400
2018	$6,264 +2%	$218,400
2017	$6,144 +2.6%	$218,400
2016	$5,989 +1.4%	$218,400
2015	$5,908 +2.4%	$218,400
2014	$5,768 +1.8%	$218,400
2013	$5,667 +2.3%	$218,400
2012	$5,539 +2.3%	$218,400
2011	$5,414 +4.6%	$218,400
2010	$5,176 +4.9%	$218,400
2009	$4,936	$218,400
2008	--	$218,400
2007	--	$218,400
2006	--	$218,400
2005	--	$218,400
2003	--	$218,400 +289.3%
2002	--	$56,100
2001	--	$56,100

Find assessor info on the county website

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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.

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