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Parsippany-Troy Hills

Parsippany-Troy Hills

$712,731 Average Value

Modern retail and deep historical roots in Parsippany-Troy Hills

History lives in Parsippany-Troy Hills, where common home styles include Revolutionary-era farmhouses and midcentury Cape Cods. There’s even a designated historic district in the Mount Tabor section, with late 19th-century Victorians remaining as hymns to a time when Methodists founded a local summer retreat. Going even further back, the Parsippany Presbyterian Church is an enduring brick structure where people have been meeting since 1828. However, today Parsippany is quite modern, crossed by major retail corridors. The area is populous, too, with over 50,000 residents. "Parsippany is very large, with multiple ZIP codes," says Gloria LaForgia, a sales agent for Weichert Realtors and team lead of the Gloria LaForgia Real Estate Team. The neighborhood is 25 square miles. “Many people live and work there, it’s not just a commuter hub,” says Frank LaMorte broker associate with Latimer Realty. “There are a lot of offices, and industries like pharmaceuticals, located along Route 10.”

Parsippany-Troy Hills has around 50,000 residents.
Parsippany-Troy Hills has around 50,000 residents.
Residents of Parsippany-Troy Hills have a range of housing styles to choose from.
Residents of Parsippany-Troy Hills have a range of housing styles to choose from.
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Lake cottages, million-dollar estates

When it comes to midcentury styles, the classic forms are on tap: Cape Cods, ranch-styles and split-levels. These properties are on quiet suburban streets, surrounded by grass and range from about $450,000 to $800,000. Larger homes range from around $775,000 to about $1.3 million. The area has a CAP Index Crime Score of 2 out of 10, lower than the national average of 4.

Houses in Parsippany-Troy Hills have large mature trees for locals to enjoy.
Houses in Parsippany-Troy Hills have large mature trees for locals to enjoy.
Historic colonials can be found on the streets of Parsippany-Troy Hills.
Historic colonials can be found on the streets of Parsippany-Troy Hills.
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Parsippany Hills High's internship program

Children here can attend the Parsippany-Troy Hills Township School District. These highly rated schools attract people to the area, says LaForgia. Lake Parsippany Elementary earns an A-minus from Niche. Brooklawn Middle, which has a broad modernist façade of glass, earns an A. Parsippany Hills High gets an A-plus and allows seniors to have career-based internship for the last month of school and be exempt from finals.

Brooklawn Middle School is located in Parsippany-Troy Hills, NJ.
Brooklawn Middle School is located in Parsippany-Troy Hills, NJ.
Lake Parsippany Elementary School has 271 students in grades K-5.
Lake Parsippany Elementary School has 271 students in grades K-5.
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More than 30 green spaces, including Veterans Memorial Park

Even though it’s not necessarily associated with an outdoorsy lifestyle, Parsippany has over 30 parks of various size. Veterans Memorial Park is 17 acres and has stone benches near monuments and cherry trees, athletic facilities and a mile-long walking path. Residents also spend time around the water. “Lake Parsippany has beaches to lounge on, and people will take their nonmotorized boats out,” says LaMorte. Knoll Country Club and the Mount Tabor Country Club, private facilities, have golf courses. The Stickley Museum at Craftsman Farms, a 30-acre historic house museum and National Historic Landmark, offers tours.

Veterans Memorial Park lies just south of the Boonton Reservoir in Lake Hiawatha.
Veterans Memorial Park lies just south of the Boonton Reservoir in Lake Hiawatha.
Kids are able to get their energy out on the playground at Lake Parsippany Park.
Kids are able to get their energy out on the playground at Lake Parsippany Park.
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Suburban-style shopping with a sprinkling of mom-and-pop shops

While much of the shopping and dining in Parsippany-Troy Hills has a large suburban feel that requires a car, the Lake Hiawatha district delivers more of a small-town experience. Sidewalks will take pedestrians past mom-and-pop restaurants, dentist offices, nail salons and gas stations. But with two major highway routes running through the area, retailers like Target, Marshalls and Home Depot are also nearby. Grocers include Shop Rite, Wegmans and Whole Foods. Route 46 is populated by locally owned restaurants like Tandoori Flames and Spice Grill. Specialty grocers include Patel Brothers and Delight Big Bazaar. For more traditional eats, Tabor Road Tavern serves burgers in a lodge atmosphere. Italian classics appear at Grato, where customers can order pasta, pizza and entrees like chicken marsala and shrimp scampi. Fresh produce and artisan crafts can be picked up at a farmers market in Veterans Memorial Park every Friday from June to November.

Patel Brothers in Parsippany is an Indian grocery store located nearby.
Patel Brothers in Parsippany is an Indian grocery store located nearby.
Tabor Road Tavern is a popular local restaurant in a lodge style atmosphere.
Tabor Road Tavern is a popular local restaurant in a lodge style atmosphere.
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Commuting to NYC on I-80, Route 46

Route 46 and Interstate 80 are the two major pathways running east-west through the neighborhood. The 30-mile drive to Manhattan can take anywhere from an hour or two, depending on traffic. But drivers can also go to train stations in Denville and Morris Plains, which feature New Jersey Transit lines that can take about 70 minutes to reach the city. At the Beverwyck Park and Ride, commuters can hop on a bus to Manhattan. "A lot of people who work in the city find that attractive, that they don't have to drive to another town to commute in," LaForgia says. Route 46 is also served by Lakeland Bus Lines, which travels to the Port Authority Bus Terminal in about an hour.

Jacob Branchaud
Photography Contributed By
Jacob Branchaud
Joan Wall
Video By
Joan Wall

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Schools

Source:
GreatSchools: The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process. View GreatSchools Rating Methodology

Parks in this Area

Open Houses

  • Saturday, Dec 20
    Open Sat 1PM - 3PM

    79 Rhyan Dr, Parsippany, NJ 07054

    $699,999

    • 3 Beds
    • 2.5 Baths
    • 79 Rhyan Dr

    Welcome to this beautifully maintained home in the highly desirable Mazda Brook community, known for its low HOA fees and easy commute to the city. Situated on a quiet north-facing cul-de-sac, this property offers exceptional privacy and ample parking. Inside, the main level features elegant hardwood flooring, crown molding, and recessed lighting, creating a warm and modern atmosphere. The

    Agent Photo
    Trish Gesswein
    HOUWZER
    (862) 429-3084
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  • Sunday, Jan 4
    Open House 1/04

    21 Dolly Dr, Parsippany, NJ 07054

    $850,000

    • 4 Beds
    • 2.5 Baths
    • 2,800 Sq Ft
    • 21 Dolly Dr
    • New 15 days ago

    Welcome to this beautifully maintained and tastefully updated 4 bedroom, 2.5 bath expanded split level located in one of Parsippany's most desirable neighborhoods and situated on a lovely landscaped .38 acre lot. The ground level features a spacious family room with a wood-burning fireplace, a powder room, and sliding doors leading to a paver patio, perfect for entertaining. The first level

    June Madia C-21 CHRISTEL REALTY

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  • Sunday, Dec 21
    Open Sun 1PM - 3PM

    188 Edwards Rd, Parsippany, NJ 07054

    $1,699,000

    • 6 Beds
    • 5 Baths
    • 188 Edwards Rd

    A statement of modern luxury and timeless elegance awaits in this new construction Parsippany estate. Set on 2.1 acres, this 6-bedroom, 5-bath residence spans three levels of finely crafted living, designed for both grand entertaining and everyday comfort. The home greets you with a stunning 20-foot entry foyer and a front door that feels truly fit for royalty. Inside, custom millwork, rich trim,

    Tyler Pontier HOWARD HANNA RAND REALTY

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Homes for Sale

Homes for Rent

Distribution of Home Values

Source: Public Records

Average Home Value





Source: Public Records

Property Mix - Square Feet

Parsippany-Troy Hills Has More Owners

Demographics

Total Population
31,017
Median Age
43
Population under 18
21.2%
On par with the national average
23.8%
Population over 65
20.1%
On par with the national average
19.1%

Finances

Median Household Income
$104,557
Above the national average
$79,601
Average Household Income
$137,093

Education and Workforce

High School Graduates
93%
College Graduates
60.8%
Significantly above the national average
34.1%
Advanced Degrees
24.7%
Above the national average
13.3%
% Population in Labor Force
69.8%

Weather

Annual Precipitation
50''
Average Winter Low Temperature
19°F
Average Summer High Temperature
85°F
Annual Snowfall
16''

Area Factors

Somewhat Bikeable

Bike Score®®

30 / 100

Car-Dependent

Walk Score®®

20 / 100
Source: Walk Score
Source: Walk Score

Walk Score® measures the walkability of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address. CAP Index provides objective, accurate, and consistent data to help measure, compare, and mitigate crime risks.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. Our sources include: Accuweather, Public Records and Neustar. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Parsippany-Troy Hills