Google street view image for 550 Troy Rd, Parsippany, NJ 07054

Off market nov 1987 for $220K

$606,201

Est. refi paymentEst. refi $1,768/mo

—

•

— ba

•

1,972

sq ft

550 Troy Rd, Parsippany, NJ 07054

About this home

550 Troy Rd is a 1,972 square foot house on a 0.69 acre lot. - it last sold on November 13, 1987 for $220,000. Based on Redfin's Parsippany data, we estimate the home's value is $606,201.

Single-familyProperty Type

1940Year Built

0.69 acresLot Size

$307Est. Price/Sq.Ft.

Source:Public Records

Redfin Estimate

$606,201

$386K since sold in November 1987$5,000 since September

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 23.9% lower than the average sale price ($797K) of 6 comparable homes.

SOLD JUN 16, 2026
119 Reynolds Ave, Parsippany, NJ 07054-3399
$690,000
A
4 beds2.5 baths— sq ft
119 Reynolds Ave, Parsippany, NJ 07054-3399
SOLD AUG 24, 2026
$1,050,000
B
4 beds2.5 baths— sq ft
25 Lord Stirling Dr, Parsippany, NJ 07054-4349
SOLD JUN 9, 2026
$900,000
C
4 beds2.5 baths— sq ft
28 Lord Stirling Dr, Parsippany, NJ 07054
Keller Williams Realty Metropolitan
SOLD AUG 28, 2026
70 Knoll Rd, Parsippany, NJ 07054-1444
$780,000
D
6 beds3 baths— sq ft
70 Knoll Rd, Parsippany, NJ 07054-1444
SOLD AUG 3, 2026
$750,000
E
3 beds3 baths— sq ft
128 Troy Hills Rd, Whippany, NJ 07981-1342
SOLD APR 1, 2026
$610,000
F
4 beds2 baths— sq ft
229 Edwards Rd, Parsippany, NJ 07054
The Real Estate Company

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Earn from this home

Sell

$569,320

Est. take-home

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Est. cash available

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Market trends in 07054, NJ

Last updated September 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-List Price

102.4%

0.8% MoM

Median sale price

$839K

$18K MoM

Avg. days on market

30d

11 days MoM

Recently sold homes

0 MoM

New listings for sale

COMING SOON
$599,900
3 beds2.5 baths1,719 sq ft
33 Gordon Cir, Parsippany, NJ 07054-3496
OPEN TODAY, 12PM TO 2PM
$767,000
3 beds2 baths— sq ft
84 Emily Pl, Parsippany, NJ 07054
Prominent Properties Sotheby's International Realty-Franklin Lakes, (201) 848-4002
$740,000
4 beds3.5 baths— sq ft
15 Camelot Way, Parsippany, NJ 07054-1407
$450,000
3 beds1 bath— sq ft
31 Beachwood Rd, Parsippany, NJ 07054-2437
COMING SOON
$950,000
6 beds3.5 baths— sq ft
43 DODIE Dr, Parsippany, NJ 07054-1749
$1,075,000
4 beds3.5 baths— sq ft
7 Lucille Dr, Parsippany, NJ 07054-1320
$1,225,000
5 beds4.5 baths4,460 sq ft
237 Jacksonville Dr, Parsippany, NJ 07054-5008
$569,900
3 beds2 baths— sq ft
196 Camden Rd, Parsippany, NJ 07054-2529
OPEN TODAY, 12PM TO 2PM
$789,000
4 beds2.5 baths— sq ft
20 Rockaway Pl, Parsippany, NJ 07054-1641
$759,000
3 beds3 baths— sq ft
135 Lake Shore Dr, Parsippany, NJ 07054-2666
See all

Provided by Redfin

Sale history for 550 Troy Rd

Year

Property tax

Land + Additions

Assessment*

2026

$11,100 (+4.9%)

$186,200 + $107,300

$293,500

2025

$10,578 (+2.2%)

$186,200 + $107,300

$293,500

2024

$10,349 (+1.9%)

$186,200 + $107,300

$293,500

2023

$10,155 (+2.8%)

$186,200 + $107,300

$293,500

2022

$9,882 (+4.3%)

$186,200 + $107,300

$293,500

2021

$9,474 (+2.2%)

$186,200 + $107,300

$293,500

2020

$9,272 (+2.9%)

$186,200 + $107,300

$293,500

2019

$9,013 (+2.3%)

$186,200 + $107,300

$293,500

2018

$8,814 (+2.4%)

$186,200 + $107,300

$293,500

2017

$8,605 (+1.9%)

$186,200 + $107,300

$293,500

2016

$8,449 (+8.1%)

$186,200 + $107,300

$293,500

2014

$7,815 (+2.4%)

$186,200 + $107,300

$293,500

2013

$7,634 (−1.9%)

$186,200 + $107,300

$293,500

2012

$7,784 (+2.4%)

$186,200 + $107,300

$293,500

2011

$7,602 (+2.0%)

$186,200 + $107,300

$293,500

2010

$7,452 (+5.6%)

$186,200 + $107,300

$293,500

2009

$7,059

$186,200 + $107,300

$293,500

Tax history for 550 Troy Rd

Year

Property tax

Land + Additions

Assessment*

2026

$11,100 (+4.9%)

$186,200 + $107,300

$293,500

2025

$10,578 (+2.2%)

$186,200 + $107,300

$293,500

2024

$10,349 (+1.9%)

$186,200 + $107,300

$293,500

2023

$10,155 (+2.8%)

$186,200 + $107,300

$293,500

2022

$9,882 (+4.3%)

$186,200 + $107,300

$293,500

2021

$9,474 (+2.2%)

$186,200 + $107,300

$293,500

2020

$9,272 (+2.9%)

$186,200 + $107,300

$293,500

2019

$9,013 (+2.3%)

$186,200 + $107,300

$293,500

2018

$8,814 (+2.4%)

$186,200 + $107,300

$293,500

2017

$8,605 (+1.9%)

$186,200 + $107,300

$293,500

2016

$8,449 (+8.1%)

$186,200 + $107,300

$293,500

2014

$7,815 (+2.4%)

$186,200 + $107,300

$293,500

2013

$7,634 (−1.9%)

$186,200 + $107,300

$293,500

2012

$7,784 (+2.4%)

$186,200 + $107,300

$293,500

2011

$7,602 (+2.0%)

$186,200 + $107,300

$293,500

2010

$7,452 (+5.6%)

$186,200 + $107,300

$293,500

2009

$7,059

$186,200 + $107,300

$293,500

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Property details

Exterior

Exterior Information
Exterior Wall: Frame

Property Information
Living Sq. Ft: 1,972
# of Stories: 2

Lot Information
# of Buildings: 1
Land Sq. Ft: 30,056
Legal Lot Number: 17
Legal Block Number: 733
Municipality Name: PARSIPPANY-TROY HILLS TWP
Acres: 0.69
Depth Footage: 215
Front Footage: 210
Zoning Code: R-2
State Use Description: RESIDENTIAL

Financial

Assessor Information
Assessment Year: 2026
Tax District County: PARSIPPANY-TROY HILLS TWP

Public facts

Beds: —
Baths: —
Sq. Ft.: 1,972
Stories: 2.0
Lot Size: 0.69 acres
Style: Single Family Residential
Year Built: 1940
Year Renovated: —
County: Morris County
APN: 2900733 00017

Home facts updated by county records on Oct 8, 2026

Around this home

Schools

Troy Hills Elementary School

Public K-5 • Assigned • 0.3mi

8/10

Central Middle School

Public 6-8 • Assigned • 1.0mi

6/10

Parsippany High School

Public 9-12 • Assigned • 1.0mi

7/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Climate risks

3/10 Flood Factor

Estimated 10-16% chance of a flood reaching the building in the next 30 years

1/10 Fire Factor

Unlikely to be in a wildfire in next 30 years

6/10 Heat Factor

7 days above 99° expected this year, 15 days in 30 years

5/10 Wind Factor

26% chance of strong winds in next 30 years

3/10 Air Factor

2 unhealthy days expected this year, 3 days in 30 years

Provided by First Street

Historical weather

Parsippany, NJ • 07054

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

In this area, properties receive around 8.6 hours in June and 4.1 hours in December, placing it below the U.S. average for solar exposure.

8.6 hrs

4.1 hrs

JuneDecember

Provided by Shadowmap

Estimated sale price

$576,000 – $698,000

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Home values near 550 Troy Rd

Data from public records.

Address	Redfin Estimate
580 Troy Rd, Parsippany, NJ - Beds \| - Baths \| 3038 Sq. Ft.	$891,036
143 Carlton Dr, Parsippany, NJ - Beds \| - Baths \| 2561 Sq. Ft.	$911,982

Address	Redfin Estimate
539 Troy Rd, Parsippany, NJ - Beds \| - Baths \| 3395 Sq. Ft.	$1,181,451
161 Carlton Dr, Parsippany, NJ 4 Beds \| 2.5 Baths \| - Sq. Ft.	$1,006,712

Address	Redfin Estimate
173 Carlton Dr, Parsippany, NJ - Beds \| - Baths \| 3298 Sq. Ft.	$994,290
41 Springfield Ct, Parsippany, NJ - Beds \| - Baths \| 4964 Sq. Ft.	$1,107,828

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