Aerial view of 5 Stratford Way. Imagery: NJ Office of GIS (2020), public domain.
$545,000
Total assessed value
$18,121
Annual property tax (2025)
~$767,299
Est. market value
Estimated market value: ~$767,299. This home is assessed at
$545,000, 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 ~$767,299.
What's this home worth today?
Our estimate above (~$767,299) uses Parsippany's
average assessment-to-market ratio. For a home-specific estimate that factors in
5 Stratford Way's condition, upgrades, and recent nearby
sales, get a free current market valuation.
5 STRATFORD WAY is a Residential (4 Families or less) property with 3449 sq/ft of space.
Taxes are $18,121 annually.
This property was built in 1975 and is owned by NAIR/CHANDRA, MAHESH/SUBHA who lives at 5 STRATFORD WAY.
This property was last sold on 2013-06-14 for $654,000.
This property is valued at $189 per sq/ft based on sales price.
This property is valued at $158 per sq/ft based on total assessment.
This property is zoned R-1,
The building description is 2SF and land description is .693 AC.
The property-related information for
5 STRATFORD WAY, 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 STRATFORD WAY, PARSIPPANY, NJ from public sources on 2022-12-02 06:29:26 UTC.