Aerial view of 5 Ivy Ln. Imagery: NJ Office of GIS (2020), public domain.
$471,700
Total assessed value
$15,882
Annual property tax (2025)
~$664,101
Est. market value
Estimated market value: ~$664,101. This home is assessed at
$471,700, 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 ~$664,101.
What's this home worth today?
Our estimate above (~$664,101) uses Parsippany's
average assessment-to-market ratio. For a home-specific estimate that factors in
5 Ivy Ln's condition, upgrades, and recent nearby
sales, get a free current market valuation.
5 IVY LN is a Residential (4 Families or less) property with 2592 sq/ft of space.
Taxes are $15,882 annually.
This property was built in 1967 and is owned by PARIKH, JAGAT/KALINDI who lives at 5 IVY LN.
This property was last sold on 2012-12-03 for $542,500.
This property is valued at $209 per sq/ft based on sales price.
This property is valued at $181 per sq/ft based on total assessment.
This property is zoned R-3,
The building description is 1.5SF G2 and land description is .389 AC.
The property-related information for
5 IVY LN, 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 5 IVY LN, PARSIPPANY, NJ from public sources on 2022-12-02 06:33:47 UTC.