House Prices

Troy Hills Parsippany, NJ House Prices & Home Values 2026


Average Data

average house price$555,810
average size per house2131 ft²
average price per ft²254 $ / ft²

05/23/2026 - The value range (VR) for house prices in Troy Hills Parsippany, NJ is $241.3/ sqft to $266.7/ sqft. An average home with 2131 sqft costs approximately $498,784 to $551,288. 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 $254. Our analysis is based on 7 property listings.

Avergage prices by ZIP codes Troy Hills Parsippany

07054257 $ / ft²




Historical development of home values in Troy Hills Parsippany

Year Estimated value (USD) Change vs. 2025
2010 $258,128 -53.6%
2011 $248,146 -55.4%
2012 $247,478 -55.5%
2013 $256,728 -53.8%
2014 $269,494 -51.5%
2015 $283,325 -49.0%
2016 $298,111 -46.4%
2017 $314,202 -43.5%
2018 $331,572 -40.3%
2019 $346,947 -37.6%
2020 $364,882 -34.4%
2021 $415,014 -25.3%
2022 $483,813 -13.0%
2023 $510,204 -8.2%
2024 $539,720 -2.9%
2025 $555,810 0.0%

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



Example: 100% financing house in Troy Hills Parsippany

Loan amount: $555,810

Interest rate: 5.82%

Fixed monthly payment: $3,268.31

Breakdown in the 1st month:
Interest portion: $2,695.68  –  Principal portion: $572.64

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $32,161.85 $7,057.93 $548,752.07
2 $31,739.94 $7,479.84 $541,272.24
3 $31,292.81 $7,926.96 $533,345.27
4 $30,818.95 $8,400.82 $524,944.45
5 $30,316.77 $8,903.00 $516,041.45
6 $29,784.57 $9,435.21 $506,606.24
7 $29,220.55 $9,999.22 $496,607.02
8 $28,622.82 $10,596.95 $486,010.07
9 $27,989.35 $11,230.42 $474,779.65
10 $27,318.02 $11,901.75 $462,877.90
11 $26,606.56 $12,613.21 $450,264.69
12 $25,852.57 $13,367.20 $436,897.49
13 $25,053.51 $14,166.26 $422,731.23
14 $24,206.68 $15,013.09 $407,718.14
15 $23,309.23 $15,910.54 $391,807.59
16 $22,358.13 $16,861.64 $374,945.95
17 $21,350.18 $17,869.59 $357,076.36
18 $20,281.97 $18,937.80 $338,138.56
19 $19,149.91 $20,069.86 $318,068.70
20 $17,950.18 $21,269.59 $296,799.11
21 $16,678.73 $22,541.04 $274,258.07
22 $15,331.27 $23,888.50 $250,369.57
23 $13,903.27 $25,316.50 $225,053.06
24 $12,389.90 $26,829.87 $198,223.20
25 $10,786.07 $28,433.70 $169,789.49
26 $9,086.37 $30,133.41 $139,656.09
27 $7,285.06 $31,934.72 $107,721.37
28 $5,376.07 $33,843.71 $73,877.66
29 $3,352.96 $35,866.81 $38,010.85
30 $1,208.92 $38,010.85 $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 Troy Hills Parsippany, NJ


1500 sqft3900 sqft
Ø selling price$447,180$951,274
Ø fast selling$406,528$856,146
Ø high price sale$487,833$1,046,401

In 2026, houses in Troy Hills Parsippany, NJ will be offered at an average price of $254 per square foot. A 1,500 sqft home priced at $447,180 is 22.31% more expensive per square foot than a 3,900 sqft home priced at $951,274. Home prices in Troy Hills 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 $658,574. Sellers who can wait longer may achieve a higher price of up to $804,924.

FAQ – Home Values in Troy Hills Parsippany

What is the median home value in Troy Hills Parsippany in 2026?

In 2026, the typical home value in Troy Hills Parsippany is about $555,810 for an average home size of 2131 square feet. This corresponds to an average price of roughly $254 per square foot.

What is the average cost per square foot in Troy Hills Parsippany?

In 2026, homes in Troy Hills Parsippany sell for an average of around $254 per square foot, with a typical range between $241.3 and $266.7 per square foot, depending on the property’s location, condition, and lot size.

What is the average home size in Troy Hills?

The average home size in Troy Hills Parsippany is about 2131 square feet, with an estimated 2026 value around $555,810.



Neighborhoods close to Troy Hills 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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