ZIP 07054
Parsippany, NJ
Data based on listings and public records observed by Rufus. May not represent the entire market.
ZIP 07054 covers 12 tracked apartment buildings totaling 3,831 units in Parsippany, NJ, with an average asking rent of $3,076 — in the upper quartile nationally for this ZIP code. Asking rents span $1,825 to $4,663 across the available inventory. Reported occupancy is 87.2%, softer than most stabilized markets and consistent with active leasing concessions.
The for-sale market in this ZIP code shows a median asking price of $829,000 ($354 per square foot). For-sale listings sit on the market for an average of 81 days. As of the most recent snapshot Rufus is tracking 8 active listings. HMDA mortgage data for the county covering Parsippany shows an average loan amount of $569,833 at an average interest rate of 6.72%. 4,399 loans were originated in the most recent reporting year, a denial rate close to the national average.
Rufus refreshes this ZIP code snapshot from live scraping of listing sources and public deed and mortgage records; figures are observed rather than reported by owners and may differ from marketing brochures.
Building Vintage
Largest Buildings
| Property | Units | Built | Avg Rent |
|---|---|---|---|
| Troy Hills Village | 752 | 1965 | $2,305 |
| Smyth at District 15Fifteen | 498 | 2025 | $3,269 |
| The District at 15Fifteen | 498 | 2025 | $3,154 |
| Avalon Parsippany | 410 | 2025 | $3,261 |
| Lexica | 325 | 2025 | $3,054 |
| 500 Parq | 276 | 2024 | $3,288 |
| Park Lake Village | 250 | — | $1,915 |
| Partridge Run Apartments | 242 | 1970 | $2,076 |
| Halstead Parsippany | 212 | 2017 | $3,184 |
| MEADOWBROOK GARDENS APARTMENTS | 150 | 1964 | $2,095 |