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2025 Compare Cities Housing:
Parsippany, NJ vs Tenafly, NJ

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Highlights
- The median age of a home in Parsippany is 24.5% younger than the median age of a home in Tenafly.
 Parsippany, NJTenafly, NJUnited States
 Median Home Age53  Unlock42
 Median Home Cost  Unlock$962,200$338,100
 Home Appr. Last 12 months13.9%  Unlock16.6%
 Home Appr. Last 5 yrs.  Unlock33.0%57.0%
 Home Appr. Last 10 yrs.66.2%  Unlock101.1%
 Property Tax Rate  Unlock$21.8$11.0
 Homes Owned46.8%  Unlock57.4%
 Housing Vacant  Unlock3.3%11.2%
 Homes Rented49.5%  Unlock31.4%
 space
 Avg Rent For Home Or Apartment
 Parsippany, NJTenafly, NJUnited States
 Average Rent  Unlock$3,270$1,840
 Studio Apartment$1,260  Unlock$1,080
 1 Bedroom Home or Apartment  Unlock$2,300$1,180
 2 Bedroom Home or Apartment$1,800  Unlock$1,430
 3 Bedroom Home or Apartment  Unlock$3,320$1,860
 4 Bedroom Home or Apartment$2,680  Unlock$2,160
 space1
 Vacant Housing
 Parsippany, NJTenafly, NJUnited States
 Vacant For Rent  Unlock0.0%1.9%
 Vacant Rented0.1%  Unlock0.4%
 Vacant For Sale  Unlock1.9%0.7%
 Vacant Sold0.3%  Unlock0.4%
 Vacant Vacation  Unlock0.0%3.6%
 Vacant Other0.8%  Unlock4.1%
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 Owner-Occupied Housing Value
 Parsippany, NJTenafly, NJUnited States
 Less Than $20,000  Unlock0.7%2.6%
 $20,000 to $39,9990.0%  Unlock2.4%
 $40,000 to $59,999  Unlock0.0%2.8%
 $60,000 to $79,9990.0%  Unlock3.9%
 $80,000 to $99,999  Unlock0.4%4.5%
 $100,000 to $149,9991.2%  Unlock11.3%
 $150,000 to $199,999  Unlock1.4%13.0%
 $200,000 to $299,9994.9%  Unlock20.1%
 $300,000 to $399,999  Unlock3.5%13.6%
 $400,000 to $499,99930.3%  Unlock8.3%
 $500,000 to $749,999  Unlock24.2%9.7%
 $750,000 to $999,9990.6%  Unlock3.9%
 $1,000,000 to $1,499,999  Unlock18.6%2.2%
 $1,500,000 to $1,999,9990.0%  Unlock0.8%
 $2,000,000 and over  Unlock6.9%1.1%
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 Housing Units By Year Built
 Parsippany, NJTenafly, NJUnited States
 2015 and Newer0.0%  Unlock0.2%
 2010 to 2014  Unlock6.6%13.6%
 2000 to 20092.5%  Unlock13.6%
 1990 to 1999  Unlock5.8%13.6%
 1980 to 198912.1%  Unlock13.2%
 1970 to 1979  Unlock4.9%14.8%
 1960 to 19696.7%  Unlock13.6%
 1950 to 1959  Unlock21.2%10.0%
 1940 to 19494.9%  Unlock4.7%
 1939 or Earlier  Unlock28.8%12.2%
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Reviews for Tenafly    3 Reviews
Kelly · Tenafly, NJ
Crime in Tenafly
Over 16 years ago

The town of Tenafly feels like a very safe place to  More

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James · Tenafly, NJ
Lovely, boring town...
Over 18 years ago

I grew up in Tenafly from 19676 - 1990. The longer I've been away from it ... the fonder my memories of this seemingly idyllic town have become. However, a vaery  More

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Moti · Tenafly, NJ
Tenafly, the best in NJ
Over 19 years ago

Probably, the best city for educating your  More

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Learn More About Parsippany, New Jersey
Overview
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Learn More About Tenafly, New Jersey
Overview
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