87 Alloway Rd
Parsippany, NJ 07054
Lake Parsippany- Studio
- 1,088 sqft
Studio
1,088 sqft
Home Value
Trulia Estimate
$552KSince last month
Decreased$11K (-2%)Since last year
Increased$33K (+6.5%)Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.
Trulia Estimate
The of this home's value increased by +80% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| August 2026 | $549K |
| July 2026 | $560K |
| June 2026 | $569K |
| May 2026 | $567K |
| April 2026 | $547K |
| March 2026 | $546K |
| February 2026 | $543K |
| January 2026 | $534K |
2025 | |
2024 | |
2023 | |
2022 | |
2021 | |
2020 | |
2019 | |
2018 | |
2017 | |
2016 | |
Comparable sales
These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.18 | Single-Family Home | $925,000 | 04/24/26 | 4 | 3 | 2,080 | |
0.22 | Single-Family Home | $300,000 | 04/20/26 | - | 1,836 | ||
0.34 | Single-Family Home | $580,000 | 12/04/25 | 3 | 2 | 1,483 | |
0.34 | Single-Family Home | $625,000 | 01/05/26 | - | 1,614 | ||
0.08 | Single-Family Home | $540,000 | 01/14/26 | 3 | 2 | - | |
0.14 | Single-Family Home | $830,000 | 11/03/25 | 4 | 3 | - | |
0.52 | Single-Family Home | $580,000 | 10/24/25 | 3 | 1 | 982 | |
0.17 | Single-Family Home | $580,000 | 04/17/26 | 3 | 2 | - | |
0.25 | Single-Family Home | $545,000 | 04/02/26 | 2 | 1 | - | |
0.50 | Single-Family Home | $825,000 | 02/10/26 | 4 | 1.5 | 2,146 |
Nearby home prices
Get a sense of expected prices in the area by checking the value of nearby homes.Address | Distance | Price | Bed | Bath | Sqft | Status |
|---|---|---|---|---|---|---|
0.06 | $605,800 | 2 | 1 | - | Off Market | |
0.08 | $540,000 | 3 | 2 | - | Recently Sold | |
0.12 | $766,600 | 4 | 2 | - | Off Market | |
0.11 | $729,600 | 4 | 2 | - | Off Market | |
0.13 | $623,900 | 3 | 2 | - | Off Market | |
0.15 | $730,100 | 4 | 2 | - | Off Market | |
0.16 | $675,000 | 3 | 2 | - | Recently Sold | |
0.10 | $732,000 | 5 | 3 | - | Off Market | |
0.12 | $579,000 | 2 | 2 | - | Off Market | |
0.14 | $830,000 | 4 | 3 | - | Recently Sold | |
0.16 | $799,200 | 4 | 3 | - | Off Market | |
0.21 | $924,900 | 4 | 3 | - | Off Market |
Local Information
-- mins to
Home Highlights
Property Type
Single-Family Home
Year Built
1960
Living Area
1,088 sqft
Price/Sqft
$507
About this House
This single-family home is located at 87 Alloway Rd, Parsippany, NJ. 87 Alloway Rd is in the Lake Parsippany neighborhood in Parsippany, NJ and in ZIP code 07054. This property has approximately 1,088 sqft of floor space. This property has a lot size of 6098 sqft and was built in 1960.
87 Alloway Rd, Parsippany, NJ 07054 is a studio, 1,088 sqft single-family home in Lake Parsippany, built in 1960. It is currently off market. The Trulia Estimate is $552,000, with a rent estimate of $3,401/month.
Home Details for 87 Alloway Rd
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Levels, Entrance, & Accessibility Stories: 1 |
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Year Built Year Built: 1960 |
Property Type / Style Property Type: Single Family Home |
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Exterior Home Features Exterior: Wood |
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Units in Building: 1 |
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Lot Area: 6098 sqft |
Price and Tax history
| Year | Property tax | Tax assessment |
|---|---|---|
| 2025 | $7,876 | $226,700 |
Home facts updated by county records
Market trends in Parsippany
Last updated July 2026
Avg. sale price
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Sale-to-List Price
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Price per sq ft
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Available listings
52
7MoM
Around this home
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Frequently asked questions about 87 Alloway Rd
- What is 87 Alloway Rd estimated to be worth?Trulia's estimated value for 87 Alloway Rd in Parsippany, NJ is $552,000.
- Is Parsippany a buyer's or seller's market?Parsippany is currently a seller's market, based on recent for-sale activity.
- What are the closest schools to 87 Alloway Rd?The closest schools to 87 Alloway Rd in Parsippany, NJ are Brooklawn Middle School (rated 7/10), Lake Parsippany Elementary School (rated 9/10), Parsippany Hills High School (rated 8/10).
- How big is the lot at 87 Alloway Rd?The lot at 87 Alloway Rd in Parsippany, NJ is about 0.14 acres (6,098 sq ft).