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market report · 07054
Parsippany Troy Hills Township, NJ · 07054
37 active listings$735,000 median ask$3,945 est. rent0.5% price/rent
$735,000
Median list price
$3,945/mo
Estimated rent
0.5%
Price / rent ratio
37
Listings
FHFA home price index · 2016–2025
63.4% cumulative change over the window. Source: FHFA ZIP-level HPI.
$1.63
Median rent / sqft
11 comps
$326.00
Median sold / sqft
11 comps
—
Walkability
3.5%
Area unemployment
BLS LAUS
Median household income $104,214 · median home value $587,000 · ACS 2024.
Natural-hazard risk Relatively High (FEMA NRI score 97).
13 schools within ~4 km of the ZIP centroid.
top deals · highest rent-to-price
10 Reaville Ct, Parsippany Troy Hills Township, NJ 07054
Parsippany Troy Hills Township, NJ
$499,000$4,198/mo0.8%
180 Littleton Rd, Parsippany Troy Hills Township, NJ 07054
Parsippany Troy Hills Township, NJ
$325,000$2,491/mo0.8%
485 Lake Shore Dr, Parsippany Troy Hills Township, NJ 07054
Parsippany Troy Hills Township, NJ
$585,000$4,121/mo0.7%
41 Nicole Ln, Parsippany Troy Hills Township, NJ 07054
Parsippany Troy Hills Township, NJ
$999,999$6,840/mo0.7%
287 Atlantic Dr, Parsippany Troy Hills Township, NJ 07054
Parsippany Troy Hills Township, NJ
$680,000$4,589/mo0.7%
286 Atlantic Dr, Parsippany Troy Hills Township, NJ 07054
Parsippany Troy Hills Township, NJ
$679,900$4,558/mo0.7%