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$575,000 Just Listed
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Property Description
Set on a generous lot in the heart of the Lake Parsippany community, this 3-bedroom, 1.5-bath bi-level is filled with opportunity for the buyer who can see beyond today and envision tomorrow. Imagine choosing the finishes you've always wanted, opening up spaces to fit your lifestyle, and creating a home that reflects your own story from the moment you walk through the door. With central air already in place and a functional layout, the foundation is here, it's simply waiting for your personal touch. Outside, the possibilities continue. Whether you dream of summer barbecues or a backyard oasis, the spacious lot offers room to grow, gather, and create memories for years to come. Life in Lake Parsippany is about more than the home itself, it's about the lifestyle. Spend warm summer afternoons at the community's private beaches, paddle across the lake by kayak or canoe, or enjoy sailing, boating, parks, playgrounds, and neighborhood events that bring the community together all year long. It's the kind of neighborhood where neighbors become friends and weekends feel like a getaway. Conveniently located just minutes from schools, shopping, restaurants, and major highways, you'll enjoy the perfect balance of peaceful neighborhood living with easy access to everything you need. Whether you're a first-time buyer, an investor, this is your chance to create something truly your own.
Full Property Details
Full Property Details for 194 Elmwood Dr
General
- Price: $575,000
- HOA FEE: $37/month
- HOA FEE FREQ.: Annually
- Taxes: $9,217 (2025)
- Status: Active
- Type: Single Family
- Source: Garden_State
- MLS ID: 4037516
- Updated: 6/29/2026
- Added to Site: 1 day(s) ago
Interior
- Number of Rooms: 9
- Street Level: GarEnter
- Interior Features: Blinds, Carbon Monoxide Detector, Smoke Detector
- Appliances: Dishwasher, Dryer, Gas Range and Oven, Refrigerator, Washer
- Flooring: Carpeting, Tile, Wood
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 1
- Half Bathrooms: 1
Bedrooms
- Total Bedrooms: 3
- Primary Bedroom: 1st Floor
- Bedroom 1: First
- Bedroom 2: First
- Bedroom 3: First
Other Rooms
- Living Room: First
- Family Room: Ground
- Kitchen: Eat-In Kitchen, Pantry, Separate Dining Area, First
- Dining Room: Formal Dining Room, First
- Den: Ground
- Bathroom: Ground
- Utility Room: Ground
Exterior
- Exterior Features: Patio
Parking
- Garage: Yes
- Garage Spaces: 1
- Uncovered Spaces: 4
- Garage Description: Attached Garage
Location
- County: Morris
- Subdivision: Lake Parsippany
- Driving Directions: Littleton to Beachwood to Colonia to Elmwood
School Information
- Elementary School: LKParspny
- Middle School: BrookLawn
- High School: Par-Hills
Community
- Pets Allowed: Yes
Heating & Cooling
- Cooling Type: 1 Unit, Central Air Conditioning
- Heating Type: 1 Unit, Forced Hot Air
- Heating Fuel: Electric, Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public Water
- Utility Description: Electric, Natural Gas
Structural Information
- Architectural Style: Bi-Level
- Roof: Asphalt Shingles
- Year Built: 1965
Lot Features
- Lot Size (Acres): 0.14
- Lot Size: .138 AC
- Driveway/Sidewalk: 2 Car Width, Blacktop
Financial Considerations
- Association Fee: $440
- Assoc Fee Freq.: Annually
- Assessment Amount: $260,300
- Land Assmt: $134,500
- Tax Amount: $9,217
- Tax Year: 2025
Disclosures and Reports
- Ownership: Fee Simple
- Disclosures: Yes
- APN: 2329-00252-0000-00022-0000-
- Block: 252
- Lot Number: 22
Listed by Compass New Jersey Llc
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Schools
Schools serving 194 Elmwood Dr
School District:Parsippany-Troy Hills Township School District
| Name | Grades | Distance |
|---|---|---|
Lake Parsippany Elementary School 225 Kingston Road, Parsippany-Troy Hills, NJ 07054 | K-5 | 0.5 mi |
Brooklawn Middle School 250 Beachwood Road, Parsippany-Troy Hills, NJ 07054 | 6-8 | 0.2 mi |
Parsippany Hills High School 20 Rita Drive, Morris Plains, NJ 07950 | 9-12 | 0.6 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 194 Elmwood Dr
Date
Details
Price
Change
Source
6/29/2026
Listed
$575,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 194 Elmwood Dr
Year
Property Taxes
Change
Tax Assessment
Change
2024
$9,014
4%
$260,300
—
2022
$8,632
5%
$260,300
—
2021
$8,249
8%
$260,300
—
2018
$7,666
-2%
$260,300
—
2019
$7,838
5%
$260,300
—
2017
$7,494
2%
$260,300
—
2016
$7,364
5%
$260,300
—
2015
$7,026
4%
$260,300
—
2013
$6,770
—
$260,300
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 194 Elmwood Dr
194 Elmwood Dr, Parsippany, NJ 07054 (MLS# 4037516) is a Single Family property with 3 bedrooms, 1 full bathroom and 1 partial bathroom. 194 Elmwood Dr is currently listed for $575,000 and was received on June 29, 2026. Want to learn more about 194 Elmwood Dr? Do you have questions about finding other Single Family real estate for sale in Parsippany? You can browse all Parsippany real estate or contact a Coldwell Banker agent to request more information.

