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

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Highlights
- The median age of a home in Parsippany-Troy Hills is 34.6% younger than the median age of a home in Paterson.
 Parsippany-Troy Hills, NJPaterson, NJUnited States
 Median Home Age52  Unlock42
 Median Home Cost  Unlock$391,600$338,100
 Home Appr. Last 12 months13.5%  Unlock16.6%
 Home Appr. Last 5 yrs.  Unlock36.0%57.0%
 Home Appr. Last 10 yrs.61.1%  Unlock101.1%
 Property Tax Rate  Unlock$32.3$11.0
 Homes Owned57.7%  Unlock57.4%
 Housing Vacant  Unlock6.0%11.2%
 Homes Rented39.4%  Unlock31.4%
 space
 Avg Rent For Home Or Apartment
 Parsippany-Troy Hills, NJPaterson, NJUnited States
 Average Rent  Unlock$1,930$1,840
 Studio Apartment$1,320  Unlock$1,080
 1 Bedroom Home or Apartment  Unlock$1,360$1,180
 2 Bedroom Home or Apartment$1,880  Unlock$1,430
 3 Bedroom Home or Apartment  Unlock$1,960$1,860
 4 Bedroom Home or Apartment$2,800  Unlock$2,160
 space1
 Vacant Housing
 Parsippany-Troy Hills, NJPaterson, NJUnited States
 Vacant For Rent  Unlock1.6%1.9%
 Vacant Rented0.1%  Unlock0.4%
 Vacant For Sale  Unlock0.3%0.7%
 Vacant Sold0.4%  Unlock0.4%
 Vacant Vacation  Unlock0.1%3.6%
 Vacant Other0.7%  Unlock4.1%
 space2
 Owner-Occupied Housing Value
 Parsippany-Troy Hills, NJPaterson, NJUnited States
 Less Than $20,000  Unlock2.2%2.6%
 $20,000 to $39,9990.1%  Unlock2.4%
 $40,000 to $59,999  Unlock1.7%2.8%
 $60,000 to $79,9990.2%  Unlock3.9%
 $80,000 to $99,999  Unlock1.6%4.5%
 $100,000 to $149,9992.0%  Unlock11.3%
 $150,000 to $199,999  Unlock10.8%13.0%
 $200,000 to $299,9999.0%  Unlock20.1%
 $300,000 to $399,999  Unlock26.4%13.6%
 $400,000 to $499,99927.3%  Unlock8.3%
 $500,000 to $749,999  Unlock1.4%9.7%
 $750,000 to $999,9992.8%  Unlock3.9%
 $1,000,000 to $1,499,999  Unlock0.4%2.2%
 $1,500,000 to $1,999,9990.1%  Unlock0.8%
 $2,000,000 and over  Unlock0.2%1.1%
 space3
 Housing Units By Year Built
 Parsippany-Troy Hills, NJPaterson, NJUnited States
 2015 and Newer0.0%  Unlock0.2%
 2010 to 2014  Unlock4.8%13.6%
 2000 to 20095.6%  Unlock13.6%
 1990 to 1999  Unlock6.4%13.6%
 1980 to 198912.2%  Unlock13.2%
 1970 to 1979  Unlock9.2%14.8%
 1960 to 19698.3%  Unlock13.6%
 1950 to 1959  Unlock15.0%10.0%
 1940 to 19495.3%  Unlock4.7%
 1939 or Earlier  Unlock34.8%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 Paterson    1 Reviews
EMILIANO · Fort Lee, VA
crime rate
Over 20 years ago

your murder rate for paterson,n j is lower than what the fbi reported .petersburg is higher than what the fbi  More

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Learn More About Parsippany-Troy Hills, New Jersey
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