House Prices

Knoll Gardens Parsippany, NJ House Prices & Home Values 2026


Average Data

average house price$522,576
average size per house2004 ft²
average price per ft²238 $ / ft²

05/23/2026 - The value range (VR) for house prices in Knoll Gardens Parsippany, NJ is $226.1/ sqft to $249.9/ sqft. An average home with 2004 sqft costs approximately $413,232 to $456,730. Parsippany, NJ includes 1 ZIP codes and it is located in Morris county. The lowest prices are found in ZIP 07054, while the highest are in ZIP 07054. The average price per sqare feet is $238. Our analysis is based on 7 property listings.

Avergage prices by ZIP codes Knoll Gardens Parsippany

07054241 $ / ft²




Historical development of home values in Knoll Gardens Parsippany

Year Estimated value (USD) Change vs. 2025
2010 $242,694 -53.6%
2011 $233,309 -55.4%
2012 $232,681 -55.5%
2013 $241,378 -53.8%
2014 $253,380 -51.5%
2015 $266,384 -49.0%
2016 $280,286 -46.4%
2017 $295,414 -43.5%
2018 $311,746 -40.3%
2019 $326,202 -37.6%
2020 $343,065 -34.4%
2021 $390,199 -25.3%
2022 $454,884 -13.0%
2023 $479,697 -8.2%
2024 $507,448 -2.9%
2025 $522,576 0.0%

Graph: estimated home values in Knoll Gardens Parsippany over time (USD)



Example: 100% financing house in Knoll Gardens Parsippany

Loan amount: $522,576

Interest rate: 5.47%

Fixed monthly payment: $2,957.96

Breakdown in the 1st month:
Interest portion: $2,382.95  –  Principal portion: $575.01

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $28,419.65 $7,075.82 $515,500.18
2 $28,022.60 $7,472.86 $508,027.32
3 $27,603.27 $7,892.19 $500,135.13
4 $27,160.41 $8,335.05 $491,800.08
5 $26,692.70 $8,802.76 $482,997.32
6 $26,198.75 $9,296.71 $473,700.61
7 $25,677.08 $9,818.38 $463,882.23
8 $25,126.14 $10,369.33 $453,512.90
9 $24,544.28 $10,951.18 $442,561.72
10 $23,929.77 $11,565.69 $430,996.02
11 $23,280.78 $12,214.68 $418,781.34
12 $22,595.37 $12,900.09 $405,881.25
13 $21,871.50 $13,623.96 $392,257.29
14 $21,107.01 $14,388.45 $377,868.84
15 $20,299.63 $15,195.83 $362,673.00
16 $19,446.94 $16,048.52 $346,624.48
17 $18,546.40 $16,949.06 $329,675.42
18 $17,595.33 $17,900.13 $311,775.28
19 $16,590.89 $18,904.57 $292,870.71
20 $15,530.09 $19,965.37 $272,905.34
21 $14,409.76 $21,085.70 $251,819.64
22 $13,226.57 $22,268.89 $229,550.75
23 $11,976.99 $23,518.47 $206,032.28
24 $10,657.29 $24,838.18 $181,194.10
25 $9,263.53 $26,231.93 $154,962.17
26 $7,791.56 $27,703.90 $127,258.27
27 $6,237.00 $29,258.46 $97,999.81
28 $4,595.21 $30,900.25 $67,099.56
29 $2,861.29 $32,634.17 $34,465.39
30 $1,030.07 $34,465.39 $0.00

Note: The calculation is based on a standard annuity mortgage with a fixed monthly payment over the entire term. Extra payments, interest rate changes, and additional purchase costs (e.g. taxes, notary fees) are not included.


How to sell in Knoll Gardens Parsippany, NJ


1500 sqft3900 sqft
Ø selling price$393,957$838,054
Ø fast selling$358,143$754,248
Ø high price sale$429,771$921,859

In 2026, houses in Knoll Gardens Parsippany, NJ will be offered at an average price of $238 per square foot. A 1,500 sqft home priced at $393,957 is 20.98% more expensive per square foot than a 3,900 sqft home priced at $838,054. Home prices in Knoll Gardens Parsippany, NJ vary significantly depending on the property’s condition and exact location. For a quick sale, a 2,700 sqft home should be listed at around $580,191. Sellers who can wait longer may achieve a higher price of up to $709,122.


Knoll Gardens Parsippany NJ Neighborhood Overview

Location and Lifestyle

Knoll Gardens in Parsippany, NJ is a peaceful residential pocket known for tree-lined streets and neighborhood charm. Residents value its balanced blend of suburban calm and convenient access to everyday essentials.

Amenities and Recreation

The neighborhood sits near major corridors like Route 46, with shopping, dining, and services just minutes away.
Outdoor lovers appreciate easy access to the Knoll Country Club and nearby parks, trails, and lakes for year-round recreation. Well-kept homes and communal green spaces create a friendly atmosphere that appeals to a wide range of lifestyles.

Schools and Commuting

Families benefit from proximity to schools in the Parsippany-Troy Hills School District. Commuters enjoy quick connections to I-80, I-287, and NJ Transit bus routes, making trips to employment hubs and New York City straightforward. Despite the central location, the streets remain relatively quiet, offering a comfortable daily routine.

Real Estate Snapshot

The local real estate market in Knoll Gardens offers options that draw first-time buyers, long-time residents, and renters seeking value in Morris County. If you are exploring homes for sale in Knoll Gardens Parsippany NJ, you will find a convenient, well-connected neighborhood with enduring appeal.



FAQ – Home Values in Knoll Gardens Parsippany

What is the median home value in Knoll Gardens Parsippany in 2026?

In 2026, the typical home value in Knoll Gardens Parsippany is about $522,576 for an average home size of 2004 square feet. This corresponds to an average price of roughly $238 per square foot.

What is the average cost per square foot in Knoll Gardens Parsippany?

In 2026, homes in Knoll Gardens Parsippany sell for an average of around $238 per square foot, with a typical range between $226.1 and $249.9 per square foot, depending on the property’s location, condition, and lot size.

What is the average home size in Knoll Gardens?

The average home size in Knoll Gardens Parsippany is about 2004 square feet, with an estimated 2026 value around $522,576.



Neighborhoods close to Knoll Gardens Parsippany, NJ

Passaic Park Passaic, NJ202 $ / ft²
Mount Bethel Warren, NJ228 $ / ft²
Downtown Rahway Rahway, NJ254 $ / ft²
Gregory West Orange, NJ209 $ / ft²
Seven Oaks Orange, NJ199 $ / ft²
Bergenwood North Bergen, NJ387 $ / ft²
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