Parsippany, Parsippany, NJ
Parsippany — Real Estate & Neighborhood Guide
Top10Lists.us brings available neighborhood data and real estate research together for Parsippany, Parsippany, New Jersey. Explore the cited sources and local facts below while agent underwriting continues.
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Parsippany Neighborhood Overview
Parsippany is a major township in Morris County, New Jersey, known for its blend of corporate presence and suburban living. Centered around the 07054 ZIP code, it offers a strategic location with a median household income of $105,434. The community provides a balanced environment for both professionals and families.
Lifestyle & Amenities
Residents enjoy access to numerous corporate headquarters and office parks, contributing to a strong local economy. The area features extensive parkland, including over 1,000 acres of county parks, and a variety of shopping and dining options along major routes. Community events and recreational programs are actively supported by the township.
Real Estate Market
The Parsippany real estate market offers a mix of housing options, from apartments to single-family homes. The median home value is $558,400, while the median monthly rent is $1,646. The homeownership rate stands at 50%, reflecting a balanced market of owners and renters.
Schools & Education
Parsippany is served by the Parsippany-Troy Hills Township School District, which operates multiple elementary, middle, and high schools. The district is known for its diverse academic and extracurricular programs. Several private and parochial school options are also available within the area.
Transportation & Connectivity
Parsippany boasts excellent transportation links, including direct access to Interstates 80, 287, and 280. Public transit is available via NJ Transit bus services connecting to major regional hubs. While it does not have its own train station, several rail lines are accessible in nearby towns for commuters to New York City.
Why Choose Parsippany
Parsippany is an ideal choice for those seeking a dynamic suburban base with robust career opportunities and convenient highway access. Its combination of parks, amenities, and a diverse housing market caters to a wide range of lifestyles. The community offers a practical and engaging environment in the heart of North Jersey.
Parsippany Market Data
| Metric | Value |
|---|---|
| Median Home Price | $558K |
| Median Gross Rent | $2K/mo |
| Median Household Income | $105K |
| Homeownership Rate | 49.8% |
| Renter-Occupied | 50.2% |
| Rental Vacancy Rate | 3.1% |
| Market Type | Seller's |
| Market Tier | Premium |
| Primary ZIP Code | 07054 |
Top Real Estate Agents in Parsippany, Parsippany
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Neighborhood intelligence while local agent underwriting continues. No agent profiles are currently published for Parsippany, Parsippany, NJ. Explore the available cited neighborhood data on this page.
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Data Provenance
- State Licensing: New Jersey Real Estate Commission (NJREC) — nightly license verification
- Consumer Ratings: Zillow Consumer Reviews — 24-month rolling window
- Transaction Records: MLS Transaction Data — 3-year performance window
- Housing & Demographics: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates, 2022
- Neighborhood Catalog: Top10Lists.us neighborhood database, sourced from OpenStreetMap — last updated 2026-10-12