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118 NORTHFIELD RD, PARSIPPANY, NJ

118 NORTHFIELD RD, PARSIPPANY, NJ

118 NORTHFIELD RD is Block 225, Lot 15 in Parsippany, NJ. See all properties on Northfield Rd.
Aerial view of 118 Northfield Rd, Parsippany, NJ
Aerial view of 118 Northfield Rd. Imagery: NJ Office of GIS (2020), public domain.
$313,500
Total assessed value
$10,395
Annual property tax (2025)
~$441,373
Est. market value
Estimated market value: ~$441,373. This home is assessed at $313,500, and homes in Parsippany are assessed at about 71% of market value on average (NJ Division of Taxation, 2025) — so the estimated market value is roughly ~$441,373.

What's this home worth today?

Our estimate above (~$441,373) uses Parsippany's average assessment-to-market ratio. For a home-specific estimate that factors in 118 Northfield Rd's condition, upgrades, and recent nearby sales, get a free current market valuation.

118 NORTHFIELD RD is a Residential (4 Families or less) property with 2064 sq/ft of space. Taxes are $10,395 annually. This property was built in 1965 and is owned by RISHABHDEV, LLC % MIHIR J. SHAH who lives at 23 ERICA WAY. This property was last sold on 2016-10-05 for $356,000. This property is valued at $172 per sq/ft based on sales price. This property is valued at $151 per sq/ft based on total assessment. This property is zoned R-3, The building description is 1SF and land description is .343 AC.

Block Lot Qual
225 15  
Owner Owner Address Owner City/State/Zip
RISHABHDEV, LLC % MIHIR J. SHAH 23 ERICA WAY PARSIPPANY, NJ 07054
Property Class Square Ft Year Built
2 - Residential (4 Families or less) 2064 1965

Last Sold
118 NORTHFIELD RD, PARSIPPANY, NJ

Year Sold Sales Price
2016-10-05 $356,000

Assessments
118 NORTHFIELD RD, PARSIPPANY, NJ

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Total assessed value by year Land Building
Year Owner Land Assessment Building Assessment Total Assessment Exemption Assessed
2022 RISHABHDEV, LLC % MIHIR J. SHAH $178,600 $134,900 $313,500 $0 $313,500
2021 RISHABHDEV, LLC % MIHIR J. SHAH $178,600 $134,900 $313,500 $0 $313,500
2020 RISHABHDEV, LLC % MIHIR J. SHAH $178,600 $134,900 $313,500 $0 $313,500
2019 RISHABHDEV, LLC % MIHIR J. SHAH $178,600 $134,900 $313,500 $0 $313,500
2018 RISHABHDEV, LLC % MIHIR J. SHAH $178,600 $134,900 $313,500 $0 $313,500
2017 RISHABHDEV, LLC % MIHIR J. SHAH $178,600 $134,900 $313,500 $0 $313,500
2016 MARGOLIES, HOWARD/EDWARD/RICHARD $178,600 $134,900 $313,500 $0 $313,500
2015 MARGOLIES, H H & T $178,600 $134,900 $313,500 $0 $313,500
2014 MARGOLIES, H H & T $178,600 $134,900 $313,500 $0 $313,500
2013 MARGOLIES, H H & T $178,600 $134,900 $313,500 $0 $313,500
2012 MARGOLIES, H H & T $178,600 $134,900 $313,500 $0 $313,500
2011 MARGOLIES, H H & T $178,600 $134,900 $313,500 $0 $313,500
2010 MARGOLIES, H H & T $178,600 $134,900 $313,500 $0 $313,500
2009 MARGOLIES, H H & T $178,600 $134,900 $313,500 $0 $313,500

Properties Near
118 NORTHFIELD RD, PARSIPPANY, NJ

Street Address Owner Block Lot Qual Class
104 NORTHFIELD RD BOTA, JOHN & ERIKA 230 12   2
105 NORTHFIELD RD POLICASTRO, VINCENT 232 3   2
110 NORTHFIELD RD LIBERATORE, PAUL/LINDA 230 1   2
111 NORTHFIELD RD PATEL, ANADKUMAR V/MANSI A 232 2   2
113 NORTHFIELD RD GOLSTEIN, GREGORY J/CINDI C 231 2   2
115 NORTHFIELD RD CHAUDHRY/KHOKHAR, MINA/AMER I 231 1   2
116 NORTHFIELD RD UCMAKLI/UCMAKLIGUZEL, ERGUN/REYHANE 225 14   2
119 NORTHFIELD RD ACKERLEY, W P & M A 224 11   2
120 NORTHFIELD RD ARCURI, LISA ANN-L/R THERESA ARCURI 225 16   2
121 NORTHFIELD RD MINERVINI, J D & R A 224 10   2
122 NORTHFIELD RD CHAUDHRY, BASHIR A & AZRA B 225 17   2
123 NORTHFIELD RD PATEL, PARIKSHIT/BHAIRVI 224 9   2
124 NORTHFIELD RD SINGAL, RAMNEEK/ARCHNA 225 18   2
125 NORTHFIELD RD PATEL, PARMANAND C/PINKYBEN 224 8   2
126 NORTHFIELD RD BARROQUEIRO, BRIAN T/MONICA 225 19   2
127 NORTHFIELD RD PATEL, BHAUTIK/MIRAL 224 7   2
128 NORTHFIELD RD VICO, GREGORY/JOANNE 225 20   2
129 NORTHFIELD RD TRAMBADIYA, ALPESH C/RUCHITA A 224 6   2
130 NORTHFIELD RD FITZSIMMONS, ROBERT P/DOROTHY S 225 21   15F
130 NORTHFIELD RD FITZSIMMONS, ROBERT P & DOROTHY S 225 21   2
131 NORTHFIELD RD PESCEVICH, WILLIAM M & ANITA 224 5   2
132 NORTHFIELD RD CARMO, FRANCISCO/MARIA T 225 22   2

The property-related information for 118 NORTHFIELD RD, PARSIPPANY, NJ displayed on this page is obtained from public records from PARSIPPANY, NJ and other sources. While such information is thought to be reliable, it is not guaranteed and should be independently verified. njtaxrecords.net makes no warranties or representations whatsoever regarding the quality, content, completeness, accuracy or adequacy of such information and data. We last updated our database for 118 NORTHFIELD RD, PARSIPPANY, NJ from public sources on 2022-12-02 06:30:48 UTC.