Morris County Corporate Hub
About Parsippany-Troy Hills, NJ
Welcome to Parsippany-Troy Hills, a Morris County township that blends lakefront neighborhoods with one of New Jersey's premier corporate corridors.
Parsippany-Troy Hills is a township in Morris County, New Jersey, located in the state's northern suburbs at the interchange of Interstates 80 and 287, roughly 25 miles west of New York City. With a population of roughly 56,000, it is among Morris County's largest municipalities and one of its most economically significant. The township wears two identities. It is a major corporate center — one of New Jersey's most concentrated office markets — with a long roster of pharmaceutical, life-sciences, and Fortune 500 employers, including companies such as Zoetis, PBF Energy, and Gilead Sciences. Vast office parks, hotels, and research facilities line Routes 10 and 46, making Parsippany a daytime employment magnet for the entire region and giving many residents the option of working close to home. At the same time, Parsippany-Troy Hills remains a collection of comfortable suburban neighborhoods. The lakefront communities of Lake Hiawatha and Lake Parsippany sit around their namesake lakes, each with its own park, shopping strip, and ZIP code. Mount Tabor, a National Register-listed historic district, began as a 19th-century Methodist camp-meeting ground and still carries its cottage architecture and narrow lanes. Additional sections — Powder Mill, Rainbow Lakes, Troy Hills — fill out the township's map. The result is a community that mixes a substantial commuter and professional population with long-standing residential neighborhoods and a notably diverse demographic makeup. The township's location astride two major interstates, its abundant employment, and its proximity to Morristown's dining and cultural scene make it practical for commuters to both New York City and New Jersey's own corporate corridor. Parsippany-Troy Hills suits households who want central access and a strong local job base, buyers seeking a range of housing from lakefront homes to townhomes, and families drawn to a well-regarded school district and an extensive parks system.
Frequently Asked Questions
What county is Parsippany-Troy Hills in?
Parsippany-Troy Hills is a township in Morris County, New Jersey, in the northern part of the state. It sits at the interchange of Interstates 80 and 287, roughly 25 miles west of New York City.
What is Parsippany known for?
Parsippany-Troy Hills is one of New Jersey's major corporate centers, with a concentration of pharmaceutical, life-sciences, and Fortune 500 companies. Notable employers with headquarters in the township have included Zoetis, PBF Energy, and Gilead Sciences, alongside extensive office parks along Routes 10 and 46.
What school district serves Parsippany-Troy Hills?
The Parsippany-Troy Hills School District serves public school students in grades pre-K through 12. The district operates 14 schools and about 7,200 students, with a student-teacher ratio of roughly 14 to 1, and runs two high schools serving the township's neighborhoods.
What are the main neighborhoods in Parsippany?
The township's best-known residential areas include Lake Hiawatha and Lake Parsippany, two lakefront neighborhoods with their own ZIP codes, plus the historic Mount Tabor district. Other communities include Powder Mill, Rainbow Lakes, and the Troy Hills section near the commercial corridors.
City Guide
About Parsippany-Troy Hills
Real Estate & Housing
Parsippany-Troy Hills offers a varied housing stock shaped by decades of suburban growth around its lakes and highways. Single-family homes predominate, ranging from mid-century ranches and split-levels to larger colonials in established neighborhoods, with townhome and condominium communities concentrated near the township's commercial corridors for commuters seeking lower-maintenance living. The lakefront sections of Lake Hiawatha and Lake Parsippany add cottage-style and waterfront properties, while Mount Tabor's historic camp-meeting cottages give that district a distinctive character. This breadth, combined with the township's central location and strong job base, keeps Parsippany a perennial choice for households at many stages of life.
Neighborhoods
Parsippany-Troy Hills is organized around several distinct communities rather than a single center. Lake Hiawatha and Lake Parsippany are the two best-known lakefront neighborhoods, each with its own ZIP code, post office, and shopping area, and each built around a namesake lake with a park. Mount Tabor, a National Register-listed district, began as a 19th-century Methodist camp-meeting ground and retains its narrow lanes and historic cottages. Powder Mill and Rainbow Lakes are smaller residential pockets, while the Troy Hills section and the central Parsippany area house much of the township's commercial activity. This structure gives buyers the choice between quiet, established streets and neighborhoods closer to shopping, highways, and office parks.
Lifestyle in Parsippany-Troy Hills
Parsippany-Troy Hills balances a dense employment core with distinctly suburban, often lake-centered residential life. The township's commercial corridors along Routes 10 and 46 carry an extensive lineup of hotels, restaurants, shopping centers, and international grocers, reflecting a diverse population that includes a large Indian-American community with its own temples, grocers, and restaurants. Neighborhood life centers on the lakes — Lake Hiawatha and Lake Parsippany — and on a network of parks and recreation programs. Its position near Morristown and its own corporate base give the township a busy, convenient character, with commuters, office workers, and long-established residents sharing the community.
Schools & Education
Public education in Parsippany-Troy Hills is provided by the Parsippany-Troy Hills School District, a comprehensive pre-K through 12th-grade system serving about 7,200 students across 14 schools. The district operates multiple elementary schools, two middle schools, and two high schools — Parsippany High School and Parsippany Hills High School — reflecting the township's size. The district is consistently rated among the stronger systems in Morris County, and its breadth of academic, arts, and athletic programming is a draw for families. Private and parochial school options in the surrounding area add further choice for residents.
Getting Around
Parsippany-Troy Hills sits at one of northern New Jersey's most important highway junctions, where Interstates 80 and 287 meet. I-80 carries traffic east toward New York City and west toward Pennsylvania, while I-287 runs north-south through Morris County. Routes 46 and 10 are the township's primary local and commercial corridors, and Route 202 passes through as well. NJ Transit operates bus service through the township, with express routes to the Port Authority Bus Terminal in Manhattan, and the Lakeland Bus Lines 46/80 service provides additional commuting options. Newark Liberty International Airport is reachable via I-78 or I-80, and Morristown's NJ Transit rail station offers Midtown Direct train service a short drive away.
Parks & Recreation
Parsippany-Troy Hills maintains a large parks and recreation system, with the township's goal of placing recreation within walking distance of residents. Facilities include Smith Field Park, Veterans Park, and Lake Parsippany Park, which host sports leagues, picnic areas, and seasonal programs, along with the Cameron Dog Park and neighborhood playgrounds. The 27-acre Craftsman Farms, the former home and workshop of Arts and Crafts designer Gustav Stickley, operates as a museum and public park and is a National Historic Landmark. Old Troy County Park and the larger Morris County park system, plus nearby Morristown National Historical Park, extend hiking and outdoor options well beyond the township's own facilities.
MARKET SNAPSHOT
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Price & Sales History
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Provident Legacy Realtors
177 Broadway Bayonne, NJ 07002
- (201) 809-9925
- admin@providentlegacyrealtors.com
- License 1220816
Provident Legacy Realtors Sugar Hill
740 N Price Rd Sugar Hill, GA 30518
- (470) 797-7400
- admin@providentlegacyrealtors.com
- License 79174
Provident Legacy Realtors Cliffside Park
607B Anderson Avenue Cliffside Park, NJ 07010
- (201) 809-9923
- admin@providentlegacyrealtors.com
- License 2440190
Provident Legacy Realtors Ocean City
1253 Asbury Avenue Ocean City, NJ 08226
- (609) 809-1390
- admin@providentlegacyrealtors.com
- License 2670382






