Morris County Corporate Hub

Townhouses & Duplexes in Parsippany-Troy Hills, NJ

Welcome to Parsippany-Troy Hills, a Morris County township that blends lakefront neighborhoods with one of New Jersey's premier corporate corridors.

Parsippany-Troy Hills is a township in Morris County, New Jersey, located in the state's northern suburbs at the interchange of Interstates 80 and 287, roughly 25 miles west of New York City. With a population of roughly 56,000, it is among Morris County's largest municipalities and one of its most economically significant. The township wears two identities. It is a major corporate center — one of New Jersey's most concentrated office markets — with a long roster of pharmaceutical, life-sciences, and Fortune 500 employers, including companies such as Zoetis, PBF Energy, and Gilead Sciences. Vast office parks, hotels, and research facilities line Routes 10 and 46, making Parsippany a daytime employment magnet for the entire region and giving many residents the option of working close to home. At the same time, Parsippany-Troy Hills remains a collection of comfortable suburban neighborhoods. The lakefront communities of Lake Hiawatha and Lake Parsippany sit around their namesake lakes, each with its own park, shopping strip, and ZIP code. Mount Tabor, a National Register-listed historic district, began as a 19th-century Methodist camp-meeting ground and still carries its cottage architecture and narrow lanes. Additional sections — Powder Mill, Rainbow Lakes, Troy Hills — fill out the township's map. The result is a community that mixes a substantial commuter and professional population with long-standing residential neighborhoods and a notably diverse demographic makeup. The township's location astride two major interstates, its abundant employment, and its proximity to Morristown's dining and cultural scene make it practical for commuters to both New York City and New Jersey's own corporate corridor. Parsippany-Troy Hills suits households who want central access and a strong local job base, buyers seeking a range of housing from lakefront homes to townhomes, and families drawn to a well-regarded school district and an extensive parks system.

Patrick Taylor Realtor Green Team Realty

Get more information about Parsippany-Troy Hills

Listings 215
Population 56,397
County Morris

MARKET SNAPSHOT

The Market at a Glance

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

home_work New This Week 19
Went Under Contract 0
trending_down Price Reductions 0
payments Median Sale Price $700,000 +3.7%
square_foot Price per Sq Ft $3
schedule Avg Days on Market 0
sell Homes Sold 109
percent Sale-to-List Ratio 104.0%
inventory_2 Months of Inventory 5.3

Price & Sales History

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

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