Section Image

Parsippany-Troy Hills

Parsippany-Troy Hills

$711,426 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.”

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.

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.

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.

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.

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.

Interested in learning more about homes in this area? Reach out to Frank LaMorte, an experienced agent in this area.

Agents Specializing in this Area

See All Agents

Parks in this Area

Open Houses

  • Saturday, Oct 25
    Open Sat 1PM - 3PM

    159 Ball Ave, Parsippany, NJ 07054

    $799,900

    • 4 Beds
    • 3 Baths
    • 159 Ball Ave
    • New 20 days ago

    Welcome to this STUNNING 4 bedroom, 3 bathroom home located in one of Morris County's most desirable towns. As you step inside, you'll be greeted by an open-concept living and dining room filled with natural light streaming through newer windows. The spacious kitchen is a true chef's delight, featuring newer cabinets, granite countertops, and stainless steel appliances. Down the hall, you'll

    DENISE HOLLERITTER C-21 CHRISTEL REALTY

    Section Image
  • Sunday, Oct 26
    Open Sun 12PM - 2PM

    188 Edwards Rd, Parsippany, NJ 07054

    $1,699,000

    • 6 Beds
    • 5 Baths
    • 188 Edwards Rd
    • New 21 days ago

    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

    Section Image

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
Significantly above the national average
$71,702
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
Frank LaMorte
LATTIMER REALTY
Section Image