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2025 Compare Cities Housing:
Parsippany-Troy Hills, NJ vs New Providence, NJ

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Highlights
- The median age of a home in Parsippany-Troy Hills is 15.4% younger than the median age of a home in New Providence.
 Parsippany-Troy Hills, NJNew Providence, NJUnited States
 Median Home Age52  Unlock42
 Median Home Cost  Unlock$703,100$338,100
 Home Appr. Last 12 months13.5%  Unlock16.6%
 Home Appr. Last 5 yrs.  Unlock29.3%57.0%
 Home Appr. Last 10 yrs.61.1%  Unlock101.1%
 Property Tax Rate  Unlock$30.0$11.0
 Homes Owned57.7%  Unlock57.4%
 Housing Vacant  Unlock1.7%11.2%
 Homes Rented39.4%  Unlock31.4%
 space
 Avg Rent For Home Or Apartment
 Parsippany-Troy Hills, NJNew Providence, NJUnited States
 Average Rent  Unlock$2,710$1,840
 Studio Apartment$1,320  Unlock$1,080
 1 Bedroom Home or Apartment  Unlock$1,800$1,180
 2 Bedroom Home or Apartment$1,880  Unlock$1,430
 3 Bedroom Home or Apartment  Unlock$2,750$1,860
 4 Bedroom Home or Apartment$2,800  Unlock$2,160
 space1
 Vacant Housing
 Parsippany-Troy Hills, NJNew Providence, NJUnited States
 Vacant For Rent  Unlock0.0%1.9%
 Vacant Rented0.1%  Unlock0.4%
 Vacant For Sale  Unlock0.9%0.7%
 Vacant Sold0.4%  Unlock0.4%
 Vacant Vacation  Unlock0.0%3.6%
 Vacant Other0.7%  Unlock4.1%
 space2
 Owner-Occupied Housing Value
 Parsippany-Troy Hills, NJNew Providence, NJUnited States
 Less Than $20,000  Unlock0.0%2.6%
 $20,000 to $39,9990.1%  Unlock2.4%
 $40,000 to $59,999  Unlock0.0%2.8%
 $60,000 to $79,9990.2%  Unlock3.9%
 $80,000 to $99,999  Unlock0.0%4.5%
 $100,000 to $149,9992.0%  Unlock11.3%
 $150,000 to $199,999  Unlock0.1%13.0%
 $200,000 to $299,9999.0%  Unlock20.1%
 $300,000 to $399,999  Unlock4.6%13.6%
 $400,000 to $499,99927.3%  Unlock8.3%
 $500,000 to $749,999  Unlock55.0%9.7%
 $750,000 to $999,9992.8%  Unlock3.9%
 $1,000,000 to $1,499,999  Unlock4.8%2.2%
 $1,500,000 to $1,999,9990.1%  Unlock0.8%
 $2,000,000 and over  Unlock0.0%1.1%
 space3
 Housing Units By Year Built
 Parsippany-Troy Hills, NJNew Providence, NJUnited States
 2015 and Newer0.0%  Unlock0.2%
 2010 to 2014  Unlock3.8%13.6%
 2000 to 20095.6%  Unlock13.6%
 1990 to 1999  Unlock6.3%13.6%
 1980 to 198912.2%  Unlock13.2%
 1970 to 1979  Unlock9.7%14.8%
 1960 to 19698.3%  Unlock13.6%
 1950 to 1959  Unlock35.2%10.0%
 1940 to 19495.3%  Unlock4.7%
 1939 or Earlier  Unlock9.5%12.2%
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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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Reviews for New Providence    3 Reviews
Jackie · Alamo, CA
Property Taxes In New Jersey
Over 16 years ago

Highest in the nation. Escape if you  More

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Justin · New Providence, NJ
New Providence
Over 16 years ago

New Providence, once an adorable, comfortable, quiet town is turning for the  More

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Marcus · New Providence, NJ
Nice Place to Live
Over 17 years ago

We moved to New Providence last summer and it is one of the nicest places I have lived. Quiet, safe with great schools and great surrounding towns. It borders Chatham  More

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Learn More About Parsippany-Troy Hills, New Jersey
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