Why Live in Parsippany
Parsippany is a neighborhood rich in history and modern amenities, spanning 25 square miles and home to over 50,000 residents. The area features a mix of architectural styles, from Revolutionary-era farmhouses and midcentury Cape Cods to contemporary townhouses and single-owner homes with bold colors and stone accents. The neighborhood's highly rated schools, including Lake Parsippany Elementary, Brooklawn Middle, and Parsippany Hills High, are a significant draw for families. Parsippany offers a variety of things to do, with over 30 parks such as Veterans Memorial Park, which includes athletic facilities, walking paths, and community monuments. Residents can enjoy water activities at Lake Parsippany and golf at the Knoll and Mount Tabor Country Clubs. The Stickley Museum at Craftsman Farms provides a historical touch with tours of its 30-acre site. Shopping and dining options range from big-box retailers like Target and Whole Foods to local eateries and Indian grocery stores, reflecting the area's diverse population. Commuting to Manhattan is convenient via Route 46, Interstate 80, and nearby train stations, with bus services available at the Beverwyck Park and Ride. Parsippany is safer than the national average, allowing residents to explore the neighborhood with ease.
Home Trends in Parsippany, NJ
On average, homes in Parsippany, NJ sell after 30 days on the market compared to the national average of 50 days. The median sale price for homes in Parsippany, NJ over the last 12 months is $731,500, up 12% from the median home sale price over the previous 12 months.
Median Sale Price
$731,500
Median Single Family Sale Price
$730,000
Median Townhouse Sale Price
$899,000
Median 1 Bedroom Sale Price
$285,000
Average Price Per Sq Ft
$382
Number of Homes for Sale
4
Last 12 months Home Sales
82
Median List Price
$729,500
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
12%