2 Gatehall Dr, Parsippany, NJ 07054 Property Records

Morris County and Parsippany-Troy Hills Township property record for 2 Gatehall Dr, Parsippany, NJ 07054

Property Summary

Property TypeCommercial
Details405,000 sqft · built 1985
Lot Size19 acres (830,341 sqft)
OwnerCompany Name on Record
Last Sale$21,000,000 (May 2026)
Tax Bill$1,413,147 (2024)
Deeds & MortgagesMay 2026 Sale
Mar 2020 Mortgage
+ 3 more
APN29-00175-0000-00055

Property Details

APN / Parcel Number

Primary APN29-00175-0000-00055
Alternative APNs
  • 290017500055
  • 11800405

Interior

Stories4 Stories
Building Area405,000 sqft Building Perimeter

Exterior

Year BuiltBuilt 1985
Effective Year BuiltEffective 1985
Exterior MaterialBrick
Construction TypeBrick
Lot Area830,341 sqft (19 acres)

Location & Zoning

Account Number11800405
Street Address2 GATEHALL DR
CityPARSIPPANY
StateNJ
Zip07054-4521
Property CategoryCommercial
Property TypeCommercial > Retail
Local Zoning CodeROL
Legal DescriptionADDITIONAL LOTS: 400 156
Legal Block175
Legal Lot Number55
JurisdictionMORRIS NJ
Township / Civil DivisionPARSIPPANY-TROY HILLS
Census Block Group2
Census Block2010
Census Tract41604

Owner

Source: Morris County and Parsippany-Troy Hills Township records, as of July 20, 2026

Owner names and exact recorded amounts shown locked on this page are available instantly with a free trial.

Owner of RecordCompany Name on Record
Mailing Address200 WOOD AVE S, 200, ISELIN, NJ 08830-2773
Owner TypeCompany
VestingCompany

Deeds, Mortgages & Sale History

DateDocument
May 4, 2026Deed, Transfer
FIRST AMERICAN TITLE, FIRST AMERICAN TITLE INSURANCE
Mar 2, 2020Deed of Trust, Mortgage · Commercial Mortgage
STERLING NATIONAL BANK
Apr 10, 2019Trustee's Deed, Construction Loan · Construction Mortgage
STERLING NAT'L BK
Jun 29, 2018Loan Modification, Mortgage
STERLING NAT'L BK
Jun 29, 2018Loan Modification, Mortgage
STERLING NAT'L BK

Assessor's Deed Record

Deed NamesName on Deed
Last SaleMay 4, 2026 · Amount on Record
Deed SaleMay 4, 2026 · Amount on Record
Prior SaleJan 21, 2025 · Amount on Record
Deed Document Number202619054
Deed Book / Page25100 / 825
Prior Transfer DateDec 9, 2024
Prior Transfer Doc0248670331
Record UpdatedOct 29, 2026

May 2026: Deed, Transfer

Document TypeDeed
JurisdictionMORRIS NJ
Recording DateMay 4, 2026
Property Address2 GATEHALL DR, PARSIPPANY, NJ 07054-4521
Document Number0000019054
Book / Page25100 / 825
Instrument DateApr 30, 2026
Instrument2026.19054
Transaction TypeTransfer
Record UpdatedMay 19, 2026
Title CompanyFIRST AMERICAN TITLE, FIRST AMERICAN TITLE INSURANCE

Transaction

AmountAmount Recorded
Tax$7,423,500.00
Amount AccuracyCalculated from Transfer Tax
Additional
  • Arm's Length

Transferred From (Grantor/Seller)

NameVerified Name

Transferred To (Grantee/Buyer)

NameVerified Name
RelationshipCompany

March 2020: Deed of Trust, Mortgage

Document TypeDeed of Trust
JurisdictionMORRIS NJ
Property Address2 GATEHALL DR, MORRIS PLAINS, NJ 07950
Transaction TypeMortgage
Record UpdatedAug 18, 2022

Transferred To (Grantee/Buyer)

NameVerified Name

Mortgage

Document Number0237240839
DateMar 2, 2020
Book Page23724/839
Instrument2020013402
Lender
NameSTERLING NATIONAL BANK
TypeBank
AddressTUCKAHOE, NY 10707
Agreement
TypeCommercial Mortgage
AmountAmount Recorded
Term11 Months
DueJan 31, 2021

April 2019: Trustee's Deed, Construction Loan

Document TypeTrustee's Deed
JurisdictionMORRIS NJ
Recording DateApr 10, 2019
Property Address2 GATEHALL DR, MORRIS PLAINS, NJ 07950
Document Number0235181338
Book / Page023518 / 001338
Instrument DateApr 9, 2019
Instrument17255
Transaction TypeConstruction Loan
Record UpdatedJun 13, 2019
Title CompanyOTHER

Transferred To (Grantee/Buyer)

NameVerified Name
RelationshipTenants in Common
Address237 MAMARONECK AVE WHITE PLAINS NY 106051319, WHITE PLAINS, NY 10605-1319

Mortgage

Document Number235181338
DateApr 10, 2019
Book Page023518/001338
Instrument17255
Lender
NameSTERLING NAT'L BK
TypeBank
Address21 SCARSDALE RD, YONKERS, NY 10707-3204
Agreement
TypeConstruction Mortgage
AmountAmount Recorded
Term12 Months
DueApr 9, 2020

June 2018: Loan Modification, Mortgage

Document TypeLoan Modification
JurisdictionMORRIS NJ
Property Address2 GATEHALL DR, MORRIS PLAINS, NJ 07950
Document Number0234240162
Instrument DateJun 29, 2018
Transaction TypeMortgage
Record UpdatedFeb 28, 2019
Title CompanyNOT AVAILABLE

Transferred To (Grantee/Buyer)

NameVerified Name
RelationshipTenants in Common
Address237 MAMARONECK AVE WHITE PLAINS NY 106051319, WHITE PLAINS, NY 10605-1319

Mortgage

Document Number0234240162
DateSep 28, 2018
Book Page023424/000162
Instrument54968
Lender
NameSTERLING NAT'L BK
TypeBank
Address21 SCARSDALE RD, YONKERS, NY 10707-3204
Agreement
AmountAmount Recorded
Term12 Months
DueSep 27, 2019
Interest
Rate3.02%

June 2018: Loan Modification, Mortgage

Document TypeLoan Modification
JurisdictionMORRIS NJ
Property Address2 GATEHALL DR, MORRIS PLAINS, NJ 07950
Document Number0234240154
Instrument DateJun 29, 2018
Transaction TypeMortgage
Record UpdatedNov 17, 2020
Title CompanyNOT AVAILABLE

Transferred To (Grantee/Buyer)

NameVerified Name
RelationshipTenants in Common
Address2 GATEHALL DR S MORRIS PLAIN NJ 07054, MORRIS PLAIN, NJ 07054

Mortgage

Document Number0234240154
DateSep 28, 2018
Book Page023424/000154
Instrument54967
Lender
NameSTERLING NAT'L BK
TypeBank
Address21 SCARSDALE RD, YONKERS, NY 10707-3204
Agreement
AmountAmount Recorded
Term12 Months
DueSep 27, 2019
Interest
Rate3.25%

Tax Assessment & Valuation

Source: Morris County and Parsippany-Troy Hills Township assessment roll, as of July 9, 2026

Property Jurisdictions

TypeName
StateNew Jersey
CountyMorris County
County SubdivisionParsippany-Troy Hills Township
Unified School DistrictParsippany-Troy Hills Township School District (KG - 12)

Tax Bill & Assessment History

YearTax BillAssessed ValueAssessed Market Value
2026$23,590,900 (-) Land $17,155,800 Building $6,435,100$23,590,900 (-) Land $17,155,800 Building $6,435,100
2025$23,590,900 (-42.01%) Land $17,155,800 Building $6,435,100$23,590,900 (-42.01%) Land $17,155,800 Building $6,435,100
2024$1,413,147.00 (+4.48%)
2023$40,677,800 Land $17,155,800 Building $23,522,000$40,677,800 Land $17,155,800 Building $23,522,000
2022$1,352,536.00

Assessed value and assessed market value are set for property tax purposes and are not market price estimates.

Flood

Source: FEMA National Flood Hazard Layer

FEMA Flood ZoneNot on file

Values are read at the parcel center point; lenders make the official flood determination.

Wildfire

Source: USDA Forest Service Wildfire Risk to Communities (2nd edition), as of 2024

Wildfire RiskLow
lower than 95% of the US · lower than 87% of New Jersey
Wildfire LikelihoodUnder 0.01% annual chance
ExposureDirect
burnable vegetation

Values cover an area roughly 900 ft across, not the parcel itself; insurers use their own ratings.

Drinking Water

Source: EPA Safe Drinking Water Information System, as of September 2026

Water SystemPARSIPPANY-TROY HILLS WATER DEPARTMENT
serves 50,400 people · EPA ID NJ1429001
Water SourcePurchased surface water from several systems
Last State InspectionJun 2024
Lead4 ppb (2026)
action level 15 ppb

Violations Reported to EPA

Water QualityNone
last 10 years
Treatment and ProcedureCorrosion control
Jan 2020
Monitoring and ReportingNone
last 3 years

Results are for the whole water system, not water tested at this address; lead at the tap also depends on the building's own pipes.

Internet Providers

Source: FCC Broadband Data Collection, based on 268 locations within half a mile, as of December 31, 2025

ProviderMax Down / Up (Mbps)
Optimum
Fiber · Cable
8,000 / 8,000
Verizon
Fiber
2,300 / 2,300
T-Mobile
Fixed Wireless
100 / 20
AT&T
Fixed Wireless
100 / 20

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