Suburban Neighborhood in Parsippany-Troy Hills, New Jersey
Morris County 07005, 07054
$680,472Average Value$387Average Price per Sq Ft14Homes For Sale
Modern retail hub with deep historical roots
History lives in Parsippany: whether it’s a Revolutionary era farmhouse or a midcentury Cape Cod, one is bound to encounter sights that span the ages. 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, ranches and split-levels. These properties are placed in quiet suburban settings, surrounded by carpets of grass, priced in the $700,000 range. Especially near the southeastern portion around Lake Hiawatha, it’s possible to find smaller cottages that formerly served as summer homes, priced at $250,000. There’s also a lot of newer construction from the 2010s and 2020s priced in the million-dollar range, showing up as townhouses and single-owner homes. It’s easy to notice these as products of their time, given their strong contemporary features like bold colors, multiple gables and stone accents. Borrowing elements from colonial and Craftsman homes, it’s not uncommon for these sprawling properties to have five bedrooms.
Parsippany Hills High's internship program
The highly rated schools attract people to the area, says LaForgia, who had a client who refused to move to another town because of how well their children excelled in school. Neighborhood children can begin their education at Lake Parsippany Elementary, which earns an A-minus rating from Niche. Brooklawn Middle, which has a broad modernist façade of glass, earns an A. Parsippany Hills High receives a top rating with an A-plus. Seniors can participate in a program where they attend a career-based internship for the last month of school and be exempt from finals.
Veterans Memorial Park
Even though it’s not necessarily associated with an outdoorsy lifestyle, Parsippany does contain over 30 parks that are a variety of sizes. Veterans Memorial Park, for example, provides many ways to engage with the community on 17 acres of land, from relaxing on stone benches near monuments and cherry trees to enjoying the athletic facilities and walking the mile-long path. Residents also spend time around the water. “Lake Parsippany has beaches to lounge on, and people will take their non-motorized boats out,” says LaMorte. Golf is available at the Knoll Country Club or the Mount Tabor Country Club. Tours can be taken at the Stickley Museum at Craftsman Farms, a 30-acre historic house museum and National Historic Landmark.
Shopping and dining in Parsippany
While much of the shopping and dining in Parsippany has a large suburban feel that requires a car, it’s possible to get an old-school small-town experience in the Lake Hiawatha district. 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 township, Parsippany overall presents a host of big-box retailers like Target, Marshalls and Home Depot. Grocery options range from Shop Rite to Wegmans to Whole Foods. Route 46 is populated by locally owned restaurants with snappy cosmopolitan names, like Tandoori Flames and Spice Grill. “Parsippany has one of the largest Indian populations in the state,” says LaMorte. Or there’s the option to cook Indian dishes at home, by shopping at Patel Brothers or Delight Big Bazaar, two Indian grocery stores. For more traditional eats, Tabor Road Tavern serves American food like burgers in a lodge atmosphere. Italian classics appear at Grato, where customers can order pasta dishes, 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, hosted every Friday from June to November in neighboring Parsippany.
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 will bring riders to the Port Authority Bus Terminal in about an hour. With a low crime score of 2 out of 10 on the CAP Index, residents enjoy freely navigating all corners of Parsippany.
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
Interested in learning more about homes in this area?
Reach out to
Mary Seton Beckwith,
an experienced agent in this neighborhood.
Parks in this Area
Smith Field
Grafton Park
Trails
Governor Livingston Park
Lake Parsippany Park
Baseball/Softball
Basketball
Picnic Area
Jannarone Park
Baseball/Softball
Football
Parking Lot
Crestview Drive Park
Picnic Area
Volleyball
Playground
Volunteer's Park
Manor Park
Baseball/Softball
Basketball
Playground
Veterans Memorial Park
Transit
Airport
Newark Liberty International
33 min drive
Bus
Us-46 3168' W Of Edwards Rd. Ramp
Bus
Us-46 5280' W Of Edwards Rd. Ramp
Bus
Us 46 & Parsippany Blvd (Us 202)
Bus
Parsippany Blvd & Tivoli Gardens Apt Rd
Bus
Us-46 3693' W Of Edwards Rd. Ramp
Bus
Us-46 & Baldwin Rd
Bus
Jefferson Rd 900'N Of E Halsey Rd
Crime and Safety
1 - Low Crime, 10 - High Crime
Parsippany
US
Homicide
1
4
Sexual Assault
1
4
Assault with Weapon
1
4
Robbery
2
4
Burglary
2
4
Motor Vehicle Theft
2
4
Larceny
3
4
Crime Score
2
4
Source: WhatIsMyCrimeRisk.com
Demographics and Home Trends
On average, homes in Parsippany, Parsippany-Troy Hills sell after 27 days on the market compared to the national average of 47 days. The average sale price for homes in Parsippany, Parsippany-Troy Hills over the last 12 months is $671,008, up 11% from the average home sale price over the previous 12 months.
Enjoy the Lake Parsippany community. Close to schools. Convenient to Rte 80, 46, 280, 287, 202 and 10, so easy commute connections while still living on a 1 block street within the community. Wood floors. LR, DR, Kitchen, 3 BR's and main bath on 1 level. Pull down attic stairs for storage. Lower level has another bedroom and a play room (or office),central foyer, large laundry room, bath
Welcome to Your Forever Home in Prestigious Druid Hill! This stunning 5-bedroom, 3-full-bathroom Raised Ranch home is in sought-after Parsippany, offering an unbeatable blend of space, style, and location. This home offers flexible living space and modern convenience in a quiet, well-established community. The main flr features primary-ensuite bedrm w/ walk-in-closet (HWF under carpet), 2 more
Welcome home to this beautifully updated 5-bedroom, 2.5-bath Split Level Colonial, perfectly situated on a meticulously maintained, level lot. Step into the welcoming foyer, where you'll find a versatile first-floor bedroom and powder room ideal for guests or a home office. The cozy family room features a wood-burning brick fireplace and French doors that open to an expansive patio, seamlessly
Charming Cape Cod with Lake Views: A Perfect First Home.Welcome to this delightful Cape-style home offering a fantastic opportunity for first-time buyers or downsizers. Nestled in sought-after Lake Parsippany. Just a stone's throw to the lake. This home features lovely lake views and convenient access to major highways, shopping, and more. Inside, you?ll find nicely sized rooms with classic
Original Owners present this spacious Intervale Colonial located in a beautiful neighborhood and super school district. Home features new vinyl siding (2022) & front door (2022) & large rooms throughout. A maintenance free deck (2018) overlooks a lovely backyard perfect for outdoor activities & gatherings. HWBB Heating (furnace (2022), Central Air (2023) & Hot Water Heater (2023) gives a buyer
Thoughtfully tailored to meet your needs, apartment homes at Halstead Parsippany boast upscale in-home features such as chef-inspired well-appointed kitchens with movable islands, floor-to-ceiling windows, and classic sliding barn doors. Less than a one-hour train ride to New York City, Halstead Parsippany is a commuter's paradise and a city explorer's dream spot. Enjoy a beverage from the
LOCATION! LOCATION! LOCATION! UNOBSTRUCTED LAKE VIEW, SCHOOL BUS STOP AT THE DOOR FOR ELEMENTARY, MIDDLE AND HIGH SCHOOL. COMPLETELY RENOVATED 4 BEDROOMS, 2 FULL BATHS, ATTACHED GARAGE. BIG LIVING ROOM, DINING ROOM WITH EAT-IN-KITCHEN FEATURES CUSTOM CABINETS, QUARTZ COUNTER TOPS, LARGE ISLAND AND STAINLESS STEEL APPLIANCES. KITCHEN DOOR LEADS TO DECK OVERLOOKING THE OVERSIZED BACKYARD. THE
VIRTUAL TOURS ARE AVAILABLE. CALL FOR MORE INFOCome see why Colonial Heights is so popular and why we consistently rank among the most highly rated communities in New Jersey. We offer a clean, quiet, and friendly place that you can come home to. These beautifully refurbished apartments at Colonial Heights are available with spacious floor plans, modern kitchen appliances, gleaming
Interested in learning more about homes in this area?
Reach out to
Mary Seton Beckwith,
an experienced agent in this neighborhood.
Average Home Value
Source: Public Records
Property Mix - Square Feet
This Neighborhood Has More Renters
Demographics
Total Population
23,632
Median Age
42
Population Density
4 ppl/acre
Population under 18
20.7%
On par with the national average
23.8%
Population over 65
19.7%
On par with the national average
19.1%
Finances
Median Household Income
$99,206
Significantly above the national average
$71,702
Average Household Income
$130,534
Education and Workforce
High School Graduates
93%
College Graduates
60.6%
Significantly above the national average
34.1%
Advanced Degrees
22.9%
Above the national average
13.3%
% Population in Labor Force
70.4%
Weather
Annual Precipitation
50''
Average Winter Low Temperature
19°F
Average Summer High Temperature
85°F
Annual Snowfall
9''
Area Factors
Somewhat Bikeable
Bike Score®
31/ 100
Car-Dependent
Walk Score®
21/ 100
Source: Walk Score
Source: Walk Score
Sound Score® measures the noise level of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address.
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.
