Property Prices in Parsippany-Troy Hills, NJ, United States

Index Info
Price to Income Ratio: 3.07
Mortgage as Percentage of Income: 23.35%
Loan Affordability Index: 4.28
Price to Rent Ratio - City Centre: 8.97
Price to Rent Ratio - Outside of Centre: 8.91
Gross Rental Yield (City Centre): 11.15%
Gross Rental Yield (Outside of Centre): 11.23%

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Rent Per Month
[ Edit ] Range
Apartment (1 bedroom) in City Centre 1,645.00 $ 1,100.00-2,235.00
Apartment (1 bedroom) Outside of Centre 1,272.00 $ 1,100.00-1,400.00
Apartment (3 bedrooms) in City Centre 1,883.33 $ 1,200.00-2,850.00
Apartment (3 bedrooms) Outside of Centre 1,633.33 $ 1,200.00-2,100.00
Buy Apartment Price
[ Edit ]
Price per Square Feet to Buy Apartment in City Centre 250.00 $
Price per Square Feet to Buy Apartment Outside of Centre 200.00 $
Salaries And Financing
[ Edit ]
Average Monthly Net Salary (After Tax) 3,950.00 $
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 4.54 4.25-4.54

These data are based on 20 entries in the past 18 months from 4 different contributors.
Last update: October 2020

Sources and References
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