07054 Real Estate Market Overview

Could Parsippany, NJ 07054 be your next home? Kick-start your search with Trulia’s real estate guide and home search. With interactive maps and charts, Trulia provides a comprehensive overview of market trends, schools, demographics, and lifestyle data to help you learn all about 07054. Not sure which neighborhood is for you? Check out our Nearby Places section below to explore popular cities near 07054 such as Mor...ris Plains and Denville. When you’re ready, Trulia has 88 resale and new homes in 07054 lined up for you, including 14 open houses, and 44 homes in the pre-foreclosure, auction, or bank-owned stages of the foreclosure process. View more

$408,000

Median Sales Price

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$230

Price Per Sqft

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$2,775

Median Rent Per Month

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Housing Market Trends

Market trends help you understand the movement of key price indicators. Trends in 07054 show a -6% year-over-year drop in median sales price and a 1% rise in median rent per month.

Median Sales Price
The median sales price for homes in 07054 for Mar 23 to Jun 22 was $408,000 based on 12 home sales.
Price Per Square Ft.
Average price per square foot for 07054 was $230, an increase of 6% compared to the same period last year.
Median Rent Per Month
The median rent per month for apartments in 07054 for May 23 to Jun 23 was $2,775.

Crime

Most frequent crimes in the past year

07054 has very low crime relative to the rest of Morris County.

Knowing more about crime activity in 07054 can help keep you aware of crime in the area. Crime activity is most helpful when comparing two locations to understand the relative safety of each location.

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1

Count of Shooting


Best Schools in 07054

There are 9 schools in 07054.

Elementary Schools
9

Troy Hills Elementary School

Public, K - 5

9

Northvail Elementary School

Public, K - 5

7

Eastlake Elementary School

Public, PK - 5

Middle Schools
8

Brooklawn Middle School

Public, 6 - 8

8

Central Middle School

Public, 6 - 8

High Schools
6

Parsippany High School

Public, 9 - 12


Demographics

Get to know your neighbors in 07054 by reviewing our census driven map. Get insights into median age, how many people are married, and percentage of people with a college degree.

Single residents
21%
Single residents
Home owners
90%
Home owners
Median age
42
Median age
Household income
$89,000
Median household income
College educated
58%
College educated

Commute

Most people in 07054 commute by car. Learn how neighbors in this area get to work so you can consider how you might commute if you lived here, too.

Commute Type
95% commute by car
0% commute by bike
3% commute by public transportation
0% commute by foot

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