Skip to content
Skip to content
TopHapOpen in map
Single Family ResidenceResidential
$750,043$354 / ft²
TopHap EstimateOur estimate of what this home would sell for today, based on nearby sales, the home's size and features, and local price trends. It is a starting point, not an appraisal.· confidence 96How well the pricing models agreed with each other on this home. Higher means the estimate rests on stronger, more consistent data.· as of Jul 14, 2026
Last sold for $262,500 on Nov 18, 1999

40 ROCKAWAY PL

PARSIPPANY, NJ 07054
0
Baths
2,120 ft²
Living AreaTotal finished area of the structures, from county records. Some counties include shared space like hallways or a building gym, so it may not match a listing.
0.36 ac
Lot SizeThe size of the land the home sits on, from county records.
1967
Year BuiltThe year the home was originally built, according to county records.
1
StoriesHow many floors the home has above ground.

Valuation

$750K
$719K low$781K high
Last SaleThe most recent sale price and date from the recorded deed. Transfers between family members or companies may not reflect market value.$262,500 · Nov 18, 1999
Est. Owner EquityRoughly how much of the home's value the owner would keep after paying off known loans. It is our estimate minus the loans still owed.$386,043
Est. Lendable EquityThe part of the owner's equity a lender would typically let them borrow against — about 80% of their equity.$308,834
Loan-to-ValueHow much is still owed on the home compared to what it is worth. 80% means loans equal 80% of our estimate, so it shifts when the estimate does.46%
1st MortgageA loan still believed to be open on this home, in the order lenders get repaid. The first position is paid back before the second.$339,000
GUARANTEED RATE INC · recorded Mar 15, 2021
2nd MortgageA loan still believed to be open on this home, in the order lenders get repaid. The first position is paid back before the second.$25,000
NJ LENDERS CORP

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$13,112 (2024)
Assessed ValueThe value the county assigns to this home to calculate property tax. It is often lower than what the home would sell for.$380,400 (2026)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$182,600
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$197,800
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$380,400
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$380,400

Climate Risk

Projected Flood DepthHow deep a serious flood is expected to get here at some point in the next 30 years. Shown in inches.6 in
30-Year Flood ChanceThe chance of at least one serious flood here in the next 30 years, not in any single year.6%

Scores 0–100; higher = greater projected risk.

Property Facts

Property TypeThe broad category the county puts this property in, such as residential or commercial.Single Family Residence
CountyMORRIS
Lot (acres)The size of the land the home sits on, from county records.0.36
ConstructionThe main material the home's frame and walls are built from.Frame (Unspecified)
PoolWhether the property has a pool, and what kind, such as in-ground.No

Transaction History(2)

Sales and refinances filed with the county for this home. Not every transfer is a normal sale, so check the type before comparing prices.

Assigned SchoolsThe public schools this address is zoned for. Boundaries change, so confirm with the district before you count on it.

E
Rockaway Meadow Elementary SchoolA-
Elementary · Grades KG–5 · 0.7 mi
H
Parsippany High SchoolB+
High · Grades 9–12 · 0.9 mi
M
Central Middle SchoolB
Middle · Grades 6–8 · 1.5 mi

District: Parsippany-Troy Hills Township School District

Neighborhood · ZIP 07054These are comparison scores, not percentages. 100 equals the national average, so 150 means about 50% above average.

CrimeLocal crime compared with the rest of the country, where 100 is average. It reflects things like population density, income, and how crime gets reported.88
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.100
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.112

Index scale: 100 = US average (tick). Lower is better.

Homes occupiedThe share of homes here that someone lives in. The rest sit empty, including vacation and for-sale homes.97%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.37%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.5.2%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.1.3%
PopulationHow many people live in this area.29,886
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.2,067 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$113,598
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$139,665
Average tempThe average temperature here across a full year.51°F
Annual precipHow much rain and melted snow falls here in a typical year.51 in
SunshineThe share of daylight hours that get direct sun in a typical year, counting cloud cover.56%

Ownership

OccupancyWhether the owner appears to live here or somewhere else. It is inferred from the mailing address on record.Owner occupied
Company ownedWhether the owner is a company or trust rather than a person.No

Data by ATTOM. Valuations are automated estimates, not appraisals. Photos from Google Street View and may not depict the current property state.

How this home compares

40 Rockaway Pl measured against every home in its neighborhood, its ZIP code and its county, using county assessor records refreshed nightly. A home can stand out in one of those areas and look ordinary in another, because each one holds a different mix of homes.

  • Has a bigger lot than 75% of homes in Parsippany 07054

What homes are worth in Parsippany 07054

Each bar is how many homes fall in that price range. The marker is this home.

This home
$297K$1.1M

This home is worth more than 56% of homes in Parsippany 07054.

How it measures up in Parsippany 07054

The dot is this home. The mark in the middle is the typical home in Parsippany 07054.

Estimated value$750,043
CheaperTypical $729,641Pricier

Pricier than 56% of homes nearby

Price per ft²$354
CheaperTypical $363Pricier

Pricier than 41% of homes nearby

Living area2,120 ft²
SmallerTypical 1,987 ft²Bigger

Bigger than 61% of homes nearby

Lot size0.36 ac
SmallerTypical 0.31 acBigger

Bigger than 75% of homes nearby

Year built1967
OlderTypical 1965Newer

Newer than 60% of homes nearby

How 40 Rockaway Pl ranks against every home in each area.
MeasureThis homeParsippany 07054Morris County
Estimated valuepricier than$750,04356% of homes54% of homes
Price per ft²pricier than$35441% of homes46% of homes
Living areabigger than2,120 ft²61% of homes56% of homes
Lot sizebigger than0.36 ac75% of homes54% of homes
Year builtnewer than196760% of homes50% of homes

About 40 Rockaway Pl

How much is 40 Rockaway Pl, Parsippany, NJ worth?

The TopHap Estimate for 40 Rockaway Pl, Parsippany, NJ is $750,043 as of Jul 14, 2026. The likely range is $718,711 to $781,375. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

When did 40 Rockaway Pl, Parsippany, NJ last sell?

40 Rockaway Pl, Parsippany, NJ last sold on Nov 18, 1999 for $262,500, according to the county's recorded deed.

How big is 40 Rockaway Pl, Parsippany, NJ?

40 Rockaway Pl, Parsippany, NJ has 2,120 square feet of living space and a 0.36-acre lot.

When was 40 Rockaway Pl, Parsippany, NJ built?

40 Rockaway Pl, Parsippany, NJ was built in 1967, making it 59 years old. The building has 1 story.

What schools serve 40 Rockaway Pl, Parsippany, NJ?

40 Rockaway Pl, Parsippany, NJ is assigned to Rockaway Meadow Elementary School (elementary), rated A-; Parsippany High School (high), rated B+; Central Middle School (middle), rated B. All sit in Parsippany-Troy Hills Township School District. Attendance boundaries change — confirm with the district before relying on an assignment.

How does 40 Rockaway Pl, Parsippany, NJ compare to other homes in Parsippany 07054?

Among the 6,744 homes in Parsippany 07054, it is worth more than 56% of them ($750,043 against a typical $729,641), its price per square foot is higher than 41% of them ($354 against a typical $363), it is bigger than 61% of them (2,120 ft² against a typical 1,987 ft²), its lot is bigger than 75% of them (0.36 ac against a typical 0.31 ac) and it is newer than 60% of them (1967 against a typical 1965). Measured against all of Morris County, it is worth more than 54% of homes there. These shares are recounted nightly from the full county assessor record for each area, not from active listings.

What are the property taxes on 40 Rockaway Pl, Parsippany, NJ?

The 2024 property tax bill for 40 Rockaway Pl, Parsippany, NJ was $13,112. The county assessed it at $380,400.

Closest homes

More homes in Parsippany 07054

Assigned schools

Explore the area

See this home in context

Open 40 Rockaway Pl on TopHap’s interactive map to compare it against every sale nearby, overlay school zones and flood risk, and run a CMA.

Open in map
A flyover of TopHap's photorealistic 3D map, with recorded sale prices pinned to homes
Search any address, city, zip, or county…3D$1.9M$6.25MOpen in map