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2025 Compare Cities Housing:
Melbourne, FL vs Parsippany-Troy Hills, NJ

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Highlights
- The median age of a home in Melbourne is 40.5% younger than the median age of a home in Parsippany-Troy Hills.
 Melbourne, FLParsippany-Troy Hills, NJUnited States
 Median Home Age37  Unlock42
 Median Home Cost  Unlock$541,800$338,100
 Home Appr. Last 12 months26.8%  Unlock16.6%
 Home Appr. Last 5 yrs.  Unlock40.7%57.0%
 Home Appr. Last 10 yrs.211.6%  Unlock101.1%
 Property Tax Rate  Unlock$22.1$11.0
 Homes Owned51.2%  Unlock57.4%
 Housing Vacant  Unlock2.9%11.2%
 Homes Rented35.8%  Unlock31.4%
 space
 Avg Rent For Home Or Apartment
 Melbourne, FLParsippany-Troy Hills, NJUnited States
 Average Rent  Unlock$2,350$1,840
 Studio Apartment$1,030  Unlock$1,080
 1 Bedroom Home or Apartment  Unlock$1,560$1,180
 2 Bedroom Home or Apartment$1,470  Unlock$1,430
 3 Bedroom Home or Apartment  Unlock$2,380$1,860
 4 Bedroom Home or Apartment$2,340  Unlock$2,160
 space1
 Vacant Housing
 Melbourne, FLParsippany-Troy Hills, NJUnited States
 Vacant For Rent  Unlock1.0%1.9%
 Vacant Rented1.2%  Unlock0.4%
 Vacant For Sale  Unlock0.5%0.7%
 Vacant Sold0.7%  Unlock0.4%
 Vacant Vacation  Unlock0.4%3.6%
 Vacant Other4.2%  Unlock4.1%
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 Owner-Occupied Housing Value
 Melbourne, FLParsippany-Troy Hills, NJUnited States
 Less Than $20,000  Unlock0.3%2.6%
 $20,000 to $39,9992.1%  Unlock2.4%
 $40,000 to $59,999  Unlock0.4%2.8%
 $60,000 to $79,9993.5%  Unlock3.9%
 $80,000 to $99,999  Unlock0.0%4.5%
 $100,000 to $149,99914.1%  Unlock11.3%
 $150,000 to $199,999  Unlock3.6%13.0%
 $200,000 to $299,99929.1%  Unlock20.1%
 $300,000 to $399,999  Unlock20.6%13.6%
 $400,000 to $499,9994.8%  Unlock8.3%
 $500,000 to $749,999  Unlock33.4%9.7%
 $750,000 to $999,9991.5%  Unlock3.9%
 $1,000,000 to $1,499,999  Unlock0.4%2.2%
 $1,500,000 to $1,999,9990.2%  Unlock0.8%
 $2,000,000 and over  Unlock0.0%1.1%
 space3
 Housing Units By Year Built
 Melbourne, FLParsippany-Troy Hills, NJUnited States
 2015 and Newer0.0%  Unlock0.2%
 2010 to 2014  Unlock5.6%13.6%
 2000 to 200913.3%  Unlock13.6%
 1990 to 1999  Unlock8.3%13.6%
 1980 to 198926.2%  Unlock13.2%
 1970 to 1979  Unlock19.6%14.8%
 1960 to 196916.9%  Unlock13.6%
 1950 to 1959  Unlock14.3%10.0%
 1940 to 19491.0%  Unlock4.7%
 1939 or Earlier  Unlock5.2%12.2%
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Reviews for Melbourne    28 Reviews
Jerry · West Melbourne, FL
Lacking
Over 4 years ago

Moved here from Ohio 3 months ago, trying not to be disappointed, there isn't much to do, its really small and shopping is bad. I wanted out of Cleveland but didn't  More

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Jackie · Melbourne, FL
The Melbourne FL techie haven
Over 7 years ago

I have lived in many areas of this town. It is growing and has a nice selection of older and very new areas. The access to beaches and parks is quick and well kept.   More

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Mark · West Melbourne, FL
Answer to the comments who keep asking about crime
Over 8 years ago

The rating on here is accurate. Crime is rather high. There's shootings and killings constantly. If you're coming from another state, just check floridatoday.com at  More

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Reviews for Parsippany-Troy Hills    1 Reviews
Bp · Whippany, NJ
Why Parsippany, New Jersey is a great place to liv
Over 14 years ago

Parsippany, NJ is one of the most desirable towns to live in Morris County for many reasons. -The location of Parsippany is perfect for NYC commuters -There are  More

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