Top 5 High-Value Home Sales in Parsippany-Troy Hills Area from May 25-31
5 most expensive homes sold in Parsippany-Troy Hills area, May 25-31
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During the week of May 25-31, five residential properties sold in the Parsippany-Troy Hills area, with a total average price of $593,000. The most expensive sale was a three-bedroom home in Morris Plains, which sold for $875,000.
- 01The most expensive sale was a three-bedroom home at 46 Sherman Ave. in Morris Plains for $875,000.
- 02The average sale price for homes in the area was $593,000, or $378 per square foot.
- 03The second most expensive property was at 138 Hiawatha Blvd. for $805,000 with a living area of 1,904 square feet.
- 04A property at 77 Eldora Road sold for $675,000, priced at $346 per square foot.
- 05The least expensive home sold for $220,000 at 2467 State Route 10, 25-7A.
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In the week of May 25-31, the Parsippany-Troy Hills area saw five residential real estate transactions, with a total average sale price of $593,000. The highest sale was a three-bedroom single-family home located at 46 Sherman Ave. in Morris Plains, which sold for $875,000, translating to $534 per square foot. This home, built in 1930, features three bedrooms and three bathrooms, and the transaction was completed on May 14. Following closely was a property at 138 Hiawatha Blvd. in Lake Hiawatha, which sold for $805,000 with a living area of 1,904 square feet, finalized on May 12. Another notable sale was at 77 Eldora Road, which fetched $675,000 for a 1,952 square-foot home. The least expensive sale was recorded at 2467 State Route 10, with a finalized price of $220,000 for a property built in 1960.
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The sales reflect a competitive real estate market in Parsippany-Troy Hills, indicating rising property values.
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