Morris County Corporate Hub

For Sale in Par-Troy Hills, NJ

Welcome to Parsippany-Troy Hills, a large Morris County township commonly called Parsippany, where corporate campuses, major highways, and a big-town school system shape a practical New Jersey suburb.

Parsippany-Troy Hills, almost universally known simply as Parsippany, is a large township in Morris County, New Jersey, in the northern portion of the state. The 2020 census counted about 56,000 residents, making it one of Morris County's most populous municipalities and a defining presence in the region's suburban landscape. The township's identity is inseparable from its role as a corporate center. Parsippany is among northern New Jersey's major employment hubs, with extensive office campuses, company headquarters, and commercial facilities concentrated along its highway corridors. This concentration of workplaces means that Parsippany is not merely a bedroom community but a destination in its own right, drawing a daily workforce that rivals its residential population in scale. Geography and transportation have driven that growth. The township is ringed by a network of major roadways, including Interstate 80, Interstate 287, and U.S. Route 46, which together connect Parsippany to Newark, New York City, and the broader metropolitan region. The highway convergence made the township a natural location for corporate development during the post-war suburban expansion and continues to anchor its economy. Residentially, Parsippany offers a notably broad housing stock, from established single-family neighborhoods and lake communities that predate the highway era to apartments, condominiums, and townhomes. The township's long history as both an industrial and residential community contributes to a built environment of unusual variety, accommodating renters, first-time buyers, and larger households within a single municipality. For commuters, the highway access and proximity to Newark Liberty International Airport, roughly half an hour away, reinforce the township's practicality as a base for work across the region. The Parsippany-Troy Hills School District serves students from pre-kindergarten through twelfth grade and is a central institution in community life. For homebuyers and renters, Parsippany combines substantial local employment, diverse housing options, strong highway access, and the amenities of a large, well-established New Jersey township.

Patrick Taylor Realtor Green Team Realty

Get more information about Par-Troy Hills

Listings 25
Population 56,162
County Morris County

MARKET SNAPSHOT

The Market at a Glance

How homes have been selling here over the last 90 days.

home_work New This Week 1
Went Under Contract 0
trending_down Price Reductions 0
payments Median Sale Price $691,055 +8.8%
square_foot Price per Sq Ft
schedule Avg Days on Market
sell Homes Sold 18
percent Sale-to-List Ratio 104.0%
inventory_2 Months of Inventory 4.1

Price & Sales History

Market data reflects closed sales over the last 90 days and is provided for informational purposes.

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