Parsippany NJ Multi Family for Sale

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Parsippany Real Estate

The median home value in Parsippany, NJ is $701,100. This is higher than the county median home value of $546,600. The national median home value is $338,100. The average price of homes sold in Parsippany, NJ is $701,100. Approximately 46.81% of Parsippany homes are owned, compared to 49.49% rented, while 3.7% are vacant. Parsippany real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Parsippany real estate agent to arrange a tour today!

Parsippany, New Jersey has a population of 21,931. Parsippany is less family-centric than the surrounding county with 36.56% of the households containing married families with children. The county average for households married with children is 37.96%.

The median household income in Parsippany, New Jersey is $96,096. The median household income for the surrounding county is $123,727 compared to the national median of $69,021. The median age of people living in Parsippany is 40 years.

Parsippany Weather

The average high temperature in July is 83.8 degrees, with an average low temperature in January of 18.7 degrees. The average rainfall is approximately 50.4 inches per year, with 29.2 inches of snow per year.

Parsippany Real Estate Market Conditions

  • Median sales price

    $701,100
    13.9% change since last quarter
  • # Active listings

    32
    30-day change

Parsippany Schools and Demographics

Education near Parsippany, NJ

Metric City County
High School Graduates 92.38 94.55
College Degree - 2 year 5.62 6.14
College Degree - 4 year 59.96 55.75
Graduate Degree 18.98 17.26
Expenditures per Student 25,345 25,345
Students per Teacher 10.9 10.9

Elementary Schools near Parsippany, NJ

School Grades Students P/T Ratio ZIP
Bee Meadow School KG - 05 361 11 07981
Central Elementary School 03 - 05 317 10.5 07936
Eastlake Elementary School PK - 05 316 13.6 07054
Frank J Smith Elementary PK - 02 310 11.2 07936
Knollwood Elementary School KG - 05 351 14.2 07034
Lake Hiawatha Elementary School PK - 05 402 15 07034
Lake Parsippany Elementary School KG - 05 319 12.1 07054
Northvail Elementary School KG - 05 364 14.8 07054
Rockaway Meadow Elementary School KG - 05 250 11.7 07054
Salem Drive School KG - 05 259 10.1 07981
Troy Hills Elementary School KG - 05 248 11.6 07054
Wildwood Elementary School KG - 05 453 16.8 07046

Middle Schools near Parsippany, NJ

School Grades Students P/T Ratio ZIP
Briarcliff Middle School 06 - 08 312 13.6 07046
Brooklawn Middle School 06 - 08 860 9.5 07054
Central Middle School 06 - 08 758 9.8 07054
East Hanover Middle School 06 - 08 368 9.2 07936
Memorial Junior School 06 - 08 502 12 07981

High Schools near Parsippany, NJ

School Grades Students P/T Ratio ZIP
Hanover Park High School 09 - 12 876 10.3 07936
Mountain Lakes High School 09 - 12 692 12.3 07046
Parsippany High School 09 - 12 936 10.8 07054
Whippany Park High School 09 - 12 726 13.5 07981

Demographics near Parsippany, NJ

Metric City County
Neighborhood Type Suburban
Population 21,931 508,347
Population Density 7,000 1,104
Median Age 40 42.7
People per Household 2.5 2.7
Median Household Income 96,096 123,727
Average Income per Capita 49,004 61,915