16 Upper Rainbow Trl
Parsippany-Troy Hills Twp., NJ 07834
- 4 beds
- 3.5 baths
- – sqft
- 10,890 sqft lot
- 1994 build
- – on site
Welcome to your dream lakefront retreat! This magnificent and rare property offers expansive living spaces on three levels featuring 4 spacious bedrooms, 3.5 baths and two versatile extra rooms perfect for a home gym or office. Gourmet kitchen is a chef's delight equipped with double self-cleaning wall ovens, a 6-burner Viking stove top with direct vent to outside and a center island with granite countertops with plenty of cabinetry for storage and pantry off of formal dining room. Open floor plan seamlessly connects the living room and family room both filled with natural light with a stunning wall of glass with breathtaking panoramic lake views. Gleaming HW flooring throughout adds warmth and elegance to the home. Enormous master suite is a true sanctuary boasting cathedral ceilings complemented by a gigantic walk-in closet, an oversized bath with jacuzzi tub, shower and double sinks. Each bedroom is designed with comfort in mind, all offering large closets with ample space. Convenience is key with a third-floor laundry room and tons of storage space throughout. Step outside to enjoy the semi in-ground heated pool, the generous large double lot and an oversized garage and driveway. Situated in sought after welcoming lake community you'll have access to a variety of amenities including fishing, swimming, a clubhouse, beach and more. Don't miss the opportunity to own this exceptional lakefront home in a vibrant community with excellent schools!
Last checked:
As a licensed real estate brokerage, Estately has access to the same database professional Realtors use: the Multiple Listing Service (or MLS). That means we can display all the properties listed by other member brokerages of the local Association of Realtors—unless the seller has requested that the listing not be published or marketed online.
The MLS is widely considered to be the most authoritative, up-to-date, accurate, and complete source of real estate for-sale in the USA.
Estately updates this data as quickly as possible and shares as much information with our users as allowed by local rules. Estately can also email you updates when new homes come on the market that match your search, change price, or go under contract.
Checking…
•
Last updated Mar 17, 2025
•
MLS# 3951246 —
The Building
-
Construction Date/Year Built:1994
-
Style:Custom Home
-
Primary Style:Custom Home
-
Roof Description:Asphalt Shingle
-
Exterior Description:Stone, Vinyl Siding
-
Basement:No
Interior
-
Flooring:Wood
-
# of Rooms:14
-
Level 1 Rooms:1 Bedroom, Bath(s) Other, Dining Room, Family Room, Kitchen, Living Room
-
Level 2 Rooms:3 Bedrooms, Bath Main, Bath(s) Other, Laundry Room
-
Kitchen Level:First
-
Kitchen Area:Center Island
-
Living Room Level:First
-
Dining Room Level:First
-
Dining Area:Formal Dining Room
-
Family Room Level:First
-
Basement Level Rooms:Utility Room
-
Other Room 1 Level:Ground
-
Other Room 1:Exercise Room
-
Other Room 2 Level:Ground
-
Other Room 2:Exercise Room
-
Other Room 3 Level:Ground
-
Other Room 3:Office
-
Other Room 4 Level:First
-
Other Room 4:Foyer
-
Ground Level Rooms:Bath(s) Other, Exercise Room, Foyer, Office, Storage Room, Utility Room
-
# of Fireplaces:1
-
Fireplace Description:Heatolator, Living Room, Wood Burning
Room Dimensions
-
Living Room Dimensions:25x15
-
Kitchen Dimensions:20x8
-
Dining Room Dimensions:14x11
-
Family Room Dimensions:17 Sqft
-
Bedroom 1 Dimensions:28x15
-
Bedroom 2 Dimensions:14 Sqft
-
Bedroom 3 Dimensions:16x11
-
Bedroom 4 Dimensions:15x13
-
Other Room 1 Dimensions:12x11
-
Other Room 2 Dimensions:16x8
-
Other Room 3 Dimensions:18x8
-
Other Room 4 Dimensions:7x4
Financial & Terms
-
Possession:P.O.T.
Location
-
Directions:Rt 46 to Fox Hill to Rainbow Trl to Upper Rainbow Trl
-
Latitude:40.88026235814676
-
Longitude:-74.4593667984009
The Property
-
Property Subtype:Single Family
-
Approx Lot Size:0 Sqft
-
Lot Description:Lake Front
-
Total Acres:0 Sqft
-
Lot Identifier:11
-
Exterior Features:Patio
-
Easements:Unknown
-
Assessment Land:187200
-
Assess Amount Land Tax:*
Listing Agent
- Contact info:
- Agent phone:
- (973) 588-3222
- Office phone:
- (973) 588-3222
Taxes
-
Tax ID:*
-
Tax ID For Property:2329-00117-0000-00011-0000-
-
Tax Year:2024
-
Tax Year:*
-
Tax Rate:*
-
Tax Rate Year:2024
-
Tax Rate Amount:3.375
-
Tax Amount:$13,394
-
Tax Amount:$*
-
Lot ID Tax:*
-
Lot Size Tax:*
-
Acres Tax:$*
-
Block ID Tax:*
-
City Tax:$*
-
City Code Tax:*
-
County Tax:$*
-
County Code Tax:*
-
Zip Code Tax:*
Beds
-
# of Bedrooms:4
-
Master Bedroom Description:Full Bath, Sitting Room, Walk-In Closet
-
Bedroom 1 Level:Second
-
Bedroom 2 Level:First
-
Bedroom 3 Level:Second
-
Bedroom 4 Level:Second
Baths
-
# of Baths:3.10
-
# of Full Baths:3
-
# of Half Baths:1
-
Master Bath Features:Stall Shower And Tub
Heating & Cooling
-
Cooling:1 Unit, Central Air
-
Heating:1 Unit, Baseboard - Hotwater
-
Water Heater:Electric, Gas
Utilities
-
Utilities:Electric, Gas-Natural
-
Water:Public Water
-
Fuel Type:Gas-Natural
-
Sewer:Public Sewer
Appliances
-
Appliances:Carbon Monoxide Detector, Cooktop - Gas, Dishwasher, Refrigerator, Wall Oven(s) - Gas
The Community
-
Section/Subdiv/Development:Rainbow Lakes
-
Community Living:No
-
Amenities:Boats - Gas Powered Allowed, Club House, Playground
-
Pool:Yes
-
Pool Description:Heated, In-Ground Pool
-
Assoc/Maint. Fee:425
-
Association/Maintenance Fee Frequency:Annually
-
Other Fee Freqency:One Time
-
Assessment Total:386000
-
Assessment Total Tax:*
-
Assessment Bldg:198800
-
Assess Amount Building Tax:*
Parking
-
# of Garage Spaces:1
-
Garage Description:Attached Garage, Oversize Garage
-
# of Parking Spaces:8
-
Parking/Driveway Description:2 Car Width, Blacktop
Monthly cost estimate

Asking price
$850,000
Expense | Monthly cost |
---|---|
Mortgage
This calculator is intended for planning and education purposes only. It relies on assumptions and information provided by you regarding your goals, expectations and financial situation, and should not be used as your sole source of information. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. |
$4,551
|
Taxes | N/A |
Insurance | $233 |
Utilities | N/A |
Total | $4,784/mo.* |
*This is an estimate |
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Max Internet Speed
Provided by BroadbandNow®
This is the maximum advertised internet speed available for this home. Under 10 Mbps is in the slower range, and anything above 30 Mbps is considered fast. For heavier internet users, some plans allow for more than 100 Mbps.
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
3/17/25
Mar 17, 2025
|
Listed / Active | GSMLS | $850,000 |

51% of nearby similar homes sold for over asking price
Similar homes that sold in bidding wars went $55k above asking price on average, but some went as high as $181k over asking price.