House Prices

Meadowbrook Parsippany, NJ House Prices & Home Values 2026


Average Data

average house price$604,515
average size per house2318 ft²
average price per ft²276 $ / ft²

05/23/2026 - The value range (VR) for house prices in Meadowbrook Parsippany, NJ is $262.2/ sqft to $289.8/ sqft. An average home with 2318 sqft costs approximately $641,208 to $708,704. 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 $276. Our analysis is based on 7 property listings.

Avergage prices by ZIP codes Meadowbrook Parsippany

07054279 $ / ft²




Historical development of home values in Meadowbrook Parsippany

Year Estimated value (USD) Change vs. 2025
2010 $280,748 -53.6%
2011 $269,891 -55.4%
2012 $269,164 -55.5%
2013 $279,225 -53.8%
2014 $293,109 -51.5%
2015 $308,153 -49.0%
2016 $324,234 -46.4%
2017 $341,735 -43.5%
2018 $360,628 -40.3%
2019 $377,349 -37.6%
2020 $396,857 -34.4%
2021 $451,381 -25.3%
2022 $526,209 -13.0%
2023 $554,912 -8.2%
2024 $587,015 -2.9%
2025 $604,515 0.0%

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



Example: 100% financing house in Meadowbrook Parsippany

Loan amount: $604,515

Interest rate: 6.33%

Fixed monthly payment: $3,753.61

Breakdown in the 1st month:
Interest portion: $3,188.82  –  Principal portion: $564.80

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $38,065.67 $6,977.69 $597,537.31
2 $37,610.94 $7,432.42 $590,104.89
3 $37,126.57 $7,916.78 $582,188.11
4 $36,610.64 $8,432.71 $573,755.40
5 $36,061.09 $8,982.27 $564,773.13
6 $35,475.72 $9,567.63 $555,205.50
7 $34,852.21 $10,191.15 $545,014.35
8 $34,188.06 $10,855.30 $534,159.05
9 $33,480.63 $11,562.73 $522,596.32
10 $32,727.09 $12,316.26 $510,280.06
11 $31,924.45 $13,118.90 $497,161.16
12 $31,069.51 $13,973.85 $483,187.31
13 $30,158.84 $14,884.51 $468,302.80
14 $29,188.83 $15,854.52 $452,448.28
15 $28,155.60 $16,887.75 $435,560.53
16 $27,055.04 $17,988.31 $417,572.21
17 $25,882.76 $19,160.59 $398,411.62
18 $24,634.08 $20,409.27 $378,002.34
19 $23,304.03 $21,739.33 $356,263.01
20 $21,887.29 $23,156.06 $333,106.95
21 $20,378.23 $24,665.13 $308,441.82
22 $18,770.82 $26,272.53 $282,169.29
23 $17,058.66 $27,984.69 $254,184.60
24 $15,234.93 $29,808.43 $224,376.17
25 $13,292.34 $31,751.02 $192,625.15
26 $11,223.15 $33,820.21 $158,804.94
27 $9,019.11 $36,024.24 $122,780.70
28 $6,671.44 $38,371.91 $84,408.79
29 $4,170.78 $40,872.58 $43,536.21
30 $1,507.15 $43,536.21 $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 Meadowbrook Parsippany, NJ


1500 sqft3900 sqft
Ø selling price$528,492$1,124,246
Ø fast selling$480,448$1,011,822
Ø high price sale$576,537$1,236,671

In 2026, houses in Meadowbrook Parsippany, NJ will be offered at an average price of $276 per square foot. A 1,500 sqft home priced at $528,492 is 24.26% more expensive per square foot than a 3,900 sqft home priced at $1,124,246. Home prices in Meadowbrook 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 $778,325. Sellers who can wait longer may achieve a higher price of up to $951,286.


Meadowbrook, Parsippany NJ Neighborhood Guide

Overview

Meadowbrook neighborhood in Parsippany, NJ is a peaceful, commuter-friendly area known for tree-lined streets and convenient access to Morris County employers.

Location and Commute

Located minutes from I-80, I-287, and Route 46, Meadowbrook offers quick connections and an easy commute to NYC, Newark, and Morristown.
Commuters appreciate NJ Transit buses, park-and-ride options, and nearby rail stations in Morris Plains and Mount Tabor.

Homes and Architecture

Homebuyers find a mix of well-kept single-family houses, townhomes, and mid-century ranches with generous yards and sidewalks, making homes for sale in Meadowbrook Parsippany appealing.

Parks and Recreation

Residents enjoy nearby parks, playgrounds, and the township?s extensive recreation programs that keep weekends active.

Schools

Meadowbrook is served by Parsippany-Troy Hills public schools, with short bus rides and convenient walking routes.

Nature and Outdoors

Green spaces like Lake Parsippany and local trails provide fishing, jogging, and picnic spots close to home.

Shopping and Dining

Everyday errands are easy thanks to shopping centers, grocery stores, and diverse restaurants along Route 46 and Parsippany Road.

Value and Community

The neighborhood?s stable Parsippany NJ real estate market and strong civic engagement support long-term value.

Who It?s For

Whether you are a first-time buyer or downsizing, Meadowbrook Parsippany delivers suburban comfort, top-tier convenience, and an inviting community vibe.



FAQ – Home Values in Meadowbrook Parsippany

What is the median home value in Meadowbrook Parsippany in 2026?

In 2026, the typical home value in Meadowbrook Parsippany is about $604,515 for an average home size of 2318 square feet. This corresponds to an average price of roughly $276 per square foot.

What is the average cost per square foot in Meadowbrook Parsippany?

In 2026, homes in Meadowbrook Parsippany sell for an average of around $276 per square foot, with a typical range between $262.2 and $289.8 per square foot, depending on the property’s location, condition, and lot size.

What is the average home size in Meadowbrook?

The average home size in Meadowbrook Parsippany is about 2318 square feet, with an estimated 2026 value around $604,515.



Neighborhoods close to Meadowbrook 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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