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Parsippany-Troy Hills, almost universally known simply as Parsippany, is a large township in Morris County, New Jersey, in the northern portion of the state. The 2020 census counted about 56,000 residents, making it one of Morris County's most populous municipalities and a defining presence in the region's suburban landscape. The township's identity is inseparable from its role as a corporate center. Parsippany is among northern New Jersey's major employment hubs, with extensive office campuses, company headquarters, and commercial facilities concentrated along its highway corridors. This concentration of workplaces means that Parsippany is not merely a bedroom community but a destination in its own right, drawing a daily workforce that rivals its residential population in scale. Geography and transportation have driven that growth. The township is ringed by a network of major roadways, including Interstate 80, Interstate 287, and U.S. Route 46, which together connect Parsippany to Newark, New York City, and the broader metropolitan region. The highway convergence made the township a natural location for corporate development during the post-war suburban expansion and continues to anchor its economy. Residentially, Parsippany offers a notably broad housing stock, from established single-family neighborhoods and lake communities that predate the highway era to apartments, condominiums, and townhomes. The township's long history as both an industrial and residential community contributes to a built environment of unusual variety, accommodating renters, first-time buyers, and larger households within a single municipality. For commuters, the highway access and proximity to Newark Liberty International Airport, roughly half an hour away, reinforce the township's practicality as a base for work across the region. The Parsippany-Troy Hills School District serves students from pre-kindergarten through twelfth grade and is a central institution in community life. For homebuyers and renters, Parsippany combines substantial local employment, diverse housing options, strong highway access, and the amenities of a large, well-established New Jersey township.

Population 56,162

County Morris County

Active Listings 27

Frequently Asked Questions

Where is Parsippany-Troy Hills located?

Parsippany-Troy Hills is a township in Morris County, New Jersey, in the northern part of the state. It is commonly known simply as Parsippany and is one of Morris County's largest municipalities.

What is Parsippany known for?

Parsippany is a major corporate hub, with extensive office campuses and company facilities concentrated along its commercial corridors. The township is a significant employment center within Morris County and northern New Jersey.

What school district serves Parsippany?

Parsippany is served by the Parsippany-Troy Hills School District, a comprehensive community public school district that serves students in pre-kindergarten through twelfth grade. The district operates multiple campuses across the township and is a central institution in community life.

What highways serve Parsippany?

Parsippany is ringed by major highways including Interstate 80, Interstate 287, and U.S. Route 46. These corridors provide commuters with access to Newark, New York, and the broader northern New Jersey region.

City Guide

About Par-Troy Hills

Real Estate & Housing

Parsippany's housing stock is unusually varied for a New Jersey township, spanning established single-family neighborhoods, garden apartments, condominiums, and townhome communities. This diversity reflects the township's size and its evolution as both a corporate center and a commuter suburb, offering options for renters, first-time buyers, and larger families alike. Residential sections cluster around the township's lakes and older neighborhoods, while newer development has filled in along its commercial corridors, giving Parsippany one of the region's broadest housing ranges.

Neighborhoods

Lifestyle in Par-Troy Hills

Parsippany offers a convenient, suburban lifestyle shaped by its dual role as both a major employment center and a residential community. With corporate campuses and office parks located within the township, many residents enjoy notably short commutes, while the area's diverse housing and large school system support a broad range of households. Daily life centers on the schools, the township's parks and lakes, and easy access to the shopping and dining of the surrounding Morris County towns. The result is a practical, well-connected community that balances work, home, and regional access.

Schools & Education

The Parsippany-Troy Hills School District is a comprehensive community public school district serving students in pre-kindergarten through twelfth grade. As one of Morris County's larger districts, it operates multiple elementary, middle, and high school campuses across the township and is a central institution in community life. The district's size and range of programs reflect Parsippany's substantial residential population and its role as a major suburban employment center, and the schools are a key consideration for families relocating to the area.

Getting Around

Parsippany is one of northern New Jersey's best-connected municipalities by road, ringed by Interstate 80, Interstate 287, and U.S. Route 46. These corridors provide direct access to Newark, New York City, and the wider metropolitan region, and the township's position at their convergence has made it a natural hub for corporate and commercial development. Newark Liberty International Airport is roughly half an hour away, and commuter rail service is available at nearby stations, reinforcing Parsippany's standing as a practical base for a wide range of commutes.

Parks & Recreation

Parsippany's recreation is anchored by its lakes, township parks, and a robust municipal parks and recreation program serving residents of all ages. The township's open spaces support sports, walking, and community events, while its location within Morris County places residents within easy reach of the county's larger park system and the recreational amenities of the surrounding region. The combination of local facilities and proximity to northern New Jersey's broader trail and park networks gives residents ample year-round outdoor options.

MARKET SNAPSHOT

The Market at a Glance

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

home_work New This Week 6

Went Under Contract 0

trending_down Price Reductions 0

payments Median Sale Price $691,055 +8.8%

square_foot Price per Sq Ft —

schedule Avg Days on Market —

sell Homes Sold 18

percent Sale-to-List Ratio 104.0%

inventory_2 Months of Inventory 4.1

Price & Sales History

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

For sale

Houses in Par-Troy Hills, NJ

Handpicked properties hitting the scene in your area.

For Rent

$2,300

295 Roosevelt AvenueOakhurst, NJ 07755

4 bd
2.5 ba
22536543