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Homes for Sale in Parsippany-Troy Hills, New Jersey

Homes for Sale in Parsippany-Troy Hills, New Jersey

Parsippany-Troy Hills, New Jersey, is a township in Morris County, New Jersey, United States. Population in Parsippany-Troy Hills was 52,048 at the 2020 census. The township is notable for having the most town parks in Morris County. If you sale homes in Parsippany-Troy Hills, you are in for a treat because of the many people who want to live in this wonderful township. There are plenty of homes for sale in Parsippany-Troy Hills, New Jersey so finding the perfect one for you and your family will be a breeze!

Climate

The climate in Parsippany-Troy Hills is humid continental, which means that summers are hot and humid, while winters are cold and snowy. The township experiences four distinct seasons. Spring and autumn are both mild, while winter brings cold temperatures and occasional snowfall.

Location

Parsippany-Troy Hills is located in northeastern New Jersey, about 30 miles from New York City. The township is situated within the Newark Basin, a geological formation that includes parts of Essex, Morris, and Union counties. Parsippany-Troy Hills is bordered by eight municipalities: Boonton Township to the north, Denville Township to the northeast, Dover to the east, East Hanover Township to the southeast, Hanover Township and Morris Plains to the south, Mountain Lakes Borough to the southwest, and Rockaway Borough to the west.

Transportation

Parsippany-Troy Hills is served by two major highways: Interstate 80 and Route 46. I-80 runs east-west through the township, while Route 46 runs north-south. Parsippany-Troy Hills is also served by NJ Transit buses. The township has a total of eleven bus routes that connect it to other parts of Morris County, as well as to Newark and New York City.

Economy

Parsippany-Troy Hills is home to a number of large corporations, including Wyndham Worldwide and Pfizer. The township is also home to several small businesses.

Parks and recreation

Parsippany-Troy Hills has over fifty parks, making it the town with the most parks in Morris County. The township’s parks offer a variety of amenities, including playgrounds, tennis courts, basketball courts, soccer fields, and picnic areas. Parsippany-Troy Hills also has a number of hiking trails, including the Rockaway Valley Rail Trail and the Great Swamp National Wildlife Refuge.

Events

Parsippany-Troy Hills hosts a number of events throughout the year, including the Parsippany-Troy Hills Street Fair, the Parsippany-Troy Hills Summer Concert Series, and the Parsippany-Troy Hills Fall Festival.

How to choose a house for investment

If you are looking for an investment property in Parsippany-Troy Hills, there are a few things to keep in mind.

First, it is important to consider the location of the property. Homes that are located in close proximity to schools, parks, and other amenities will be more desirable to potential renters and will therefore be more likely to appreciate in value.

Second, it is important to consider the condition of the property. Homes that are well-maintained and updated will be more attractive to potential renters and will also be more likely to appreciate in value.

Finally, it is important to consult with a real estate agent or another professional who is familiar with the Parsippany-Troy Hills rental market. They will be able to advise you on which properties are likely to be the most profitable investments.