House Prices

Redstone Gardens Parsippany, NJ House Prices & Home Values 2026


Average Data

average house price$536,328
average size per house2056 ft²
average price per ft²245 $ / ft²

05/23/2026 - The value range (VR) for house prices in Redstone Gardens Parsippany, NJ is $232.75/ sqft to $257.25/ sqft. An average home with 2056 sqft costs approximately $447,908 to $495,057. 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 $245. Our analysis is based on 7 property listings.

Avergage prices by ZIP codes Redstone Gardens Parsippany

07054248 $ / ft²




Historical development of home values in Redstone Gardens Parsippany

Year Estimated value (USD) Change vs. 2025
2010 $249,080 -53.6%
2011 $239,448 -55.4%
2012 $238,804 -55.5%
2013 $247,730 -53.8%
2014 $260,048 -51.5%
2015 $273,394 -49.0%
2016 $287,662 -46.4%
2017 $303,188 -43.5%
2018 $319,950 -40.3%
2019 $334,786 -37.6%
2020 $352,093 -34.4%
2021 $400,467 -25.3%
2022 $466,855 -13.0%
2023 $492,320 -8.2%
2024 $520,802 -2.9%
2025 $536,328 0.0%

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



Example: 100% financing house in Redstone Gardens Parsippany

Loan amount: $536,328

Interest rate: 5.62%

Fixed monthly payment: $3,084.36

Breakdown in the 1st month:
Interest portion: $2,510.02  –  Principal portion: $574.34

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $29,939.98 $7,072.34 $529,255.66
2 $29,532.41 $7,479.90 $521,775.76
3 $29,101.36 $7,910.96 $513,864.81
4 $28,645.46 $8,366.85 $505,497.95
5 $28,163.30 $8,849.02 $496,648.93
6 $27,653.34 $9,358.97 $487,289.96
7 $27,114.00 $9,898.32 $477,391.64
8 $26,543.58 $10,468.74 $466,922.90
9 $25,940.28 $11,072.04 $455,850.87
10 $25,302.22 $11,710.10 $444,140.77
11 $24,627.38 $12,384.93 $431,755.83
12 $23,913.66 $13,098.66 $418,657.18
13 $23,158.80 $13,853.51 $404,803.67
14 $22,360.45 $14,651.87 $390,151.80
15 $21,516.09 $15,496.23 $374,655.57
16 $20,623.07 $16,389.25 $358,266.32
17 $19,678.58 $17,333.74 $340,932.59
18 $18,679.67 $18,332.65 $322,599.94
19 $17,623.18 $19,389.13 $303,210.81
20 $16,505.82 $20,506.49 $282,704.31
21 $15,324.07 $21,688.25 $261,016.07
22 $14,074.21 $22,938.11 $238,077.96
23 $12,752.32 $24,259.99 $213,817.97
24 $11,354.26 $25,658.06 $188,159.91
25 $9,875.63 $27,136.69 $161,023.22
26 $8,311.79 $28,700.53 $132,322.69
27 $6,657.82 $30,354.49 $101,968.20
28 $4,908.54 $32,103.77 $69,864.43
29 $3,058.45 $33,953.86 $35,910.57
30 $1,101.75 $35,910.57 $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 Redstone Gardens Parsippany, NJ


1500 sqft3900 sqft
Ø selling price$416,216$885,405
Ø fast selling$378,379$796,865
Ø high price sale$454,054$973,945

In 2026, houses in Redstone Gardens Parsippany, NJ will be offered at an average price of $245 per square foot. A 1,500 sqft home priced at $416,216 is 21.53% more expensive per square foot than a 3,900 sqft home priced at $885,405. Home prices in Redstone 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 $612,973. Sellers who can wait longer may achieve a higher price of up to $749,189.

FAQ – Home Values in Redstone Gardens Parsippany

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

In 2026, the typical home value in Redstone Gardens Parsippany is about $536,328 for an average home size of 2056 square feet. This corresponds to an average price of roughly $245 per square foot.

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

In 2026, homes in Redstone Gardens Parsippany sell for an average of around $245 per square foot, with a typical range between $232.75 and $257.25 per square foot, depending on the property’s location, condition, and lot size.

What is the average home size in Redstone Gardens?

The average home size in Redstone Gardens Parsippany is about 2056 square feet, with an estimated 2026 value around $536,328.



Neighborhoods close to Redstone 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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