87 Alloway Rd, Parsippany, NJ 07054
OFF MARKET

87 Alloway Rd
Parsippany, NJ 07054

Lake Parsippany
  • Studio
  • 1,088 sqft

$552,000

Trulia Estimate
as of Aug 21, 2026
Est. Refi. Payment $3,697/mo*

$552,000

Trulia Estimate
as of Aug 21, 2026
Est. Refi. Payment $3,697/mo*
Studio
1,088 sqft

Home Value

Trulia Estimate
$552K
Since 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
MonthEstimated 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

  • Map ViewExplore the area around 87 Alloway Rd.
  • Schools1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

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

Interior Features

Levels, Entrance, & Accessibility
Stories: 1

Property Information

Year Built
Year Built: 1960
Property Type / Style
Property Type: Single Family Home

Exterior Features

Exterior Home Features
Exterior: Wood

Community

Units in Building: 1

Lot Information

Lot Area: 6098 sqft

Price and Tax history

YearProperty taxTax assessment
2025
$7,876
$226,700
Home facts updated by county records

Market trends in Parsippany

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
—
Sale-to-List Price
—
Price per sq ft
—
Available listings
52
7
MoM

Neighborhood Overview

Neighborhood stats provided by third party data sources.

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).

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