Property Prices in Parsippany-Troy Hills, NJ, United States
| Index |  |
|---|---|
| Price to Income Ratio: | 3.12 |
| Mortgage as Percentage of Income: | 23.63% |
| Loan Affordability Index: | 4.23 |
| Price to Rent Ratio - City Centre: | 8.48 |
| Price to Rent Ratio - Outside of Centre: | 8.27 |
| Gross Rental Yield (City Centre): | 11.79% |
| Gross Rental Yield (Outside of Centre): | 12.09% |
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Rent Per Month |  Edit |
Range |
|---|---|---|
| Apartment (1 bedroom) in City Centre | 1,711.67 $ | |
| Apartment (1 bedroom) Outside of Centre | 1,305.33 $ | |
| Apartment (3 bedrooms) in City Centre | 2,283.33 $ | |
| Apartment (3 bedrooms) Outside of Centre | 1,900.00 $ | |
Buy Apartment Price | Edit |
|
| Price per Square Feet to Buy Apartment in City Centre | 260.00 $ | |
| Price per Square Feet to Buy Apartment Outside of Centre | 200.00 $ | |
Salaries And Financing | Edit |
|
| Average Monthly Net Salary (After Tax) | 3,966.67 $ | |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 4.47 |
These data are based on 28 entries in the past 18 months from 5 different contributors.
Last update: June 2021
Sources and References
Nearby cities:| Property Prices in Morristown, New Jersey | 5.87 miles |
| Property Prices in West Caldwell, New Jersey | 7.73 miles |
| Property Prices in West Orange, New Jersey | 13.21 miles |
| Property Prices in Summit, New Jersey | 13.27 miles |
| Property Prices in Riverdale, New Jersey | 13.38 miles |
| Property Prices in Basking Ridge, New Jersey | 13.44 miles |
| Property Prices in Montclair, New Jersey | 13.66 miles |
| Property Prices in Bloomfield, New Jersey | 15.40 miles |
| Property Prices in East Orange, New Jersey | 15.72 miles |
| Property Prices in Springfield, New Jersey | 15.97 miles |
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