Real Estate Investment Properties for Sale in Parsippany, NJ

Looking for investment property in Parsippany, NJ with high ROI ?

Explore a variety of short-term homes & houses in Parsippany, NJ. Invest wisely with VRBO & Parsippany, NJ Airbnb properties available for purchase. Find your ideal investment property among our curated listings for a rewarding real estate venture.

Investment Property for Sale in Parsippany, NJ

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
32 Lake Shore Dr Parsippany, NJ 4,000 worth of UPGRADES if under contract by 1/18/2022!! Phenomenal NEW Construction Colon...	N/A beds \| N/A baths \| 3,100 sq.ft.	$300,000	Airbnb cash on cash: 3.18% Traditional cash on cash: 3.82% Airbnb Rental Income: $2371 Traditional Rental Income: $1969 Airbnb ROI: 3.18% Traditional ROI: 3.82%
8 New England Dr Parsippany, NJ Buy through Auction.com. This foreclosure property is a great opportunity to invest in thi...	5 beds \| 2 baths \| 2,162 sq.ft.	$735,000	Airbnb cash on cash: N/A Traditional cash on cash: 1.99% Airbnb Rental Income: $null Traditional Rental Income: $3281 Airbnb ROI: N/A Traditional ROI: 1.99%
44 Willow Ln Parsippany, NJ Immediate availability move in without the wait! This home is fully constructed, move-in...	3 beds \| 3 baths \| 4,260 sq.ft.	$1,039,999	Airbnb cash on cash: -0.41% Traditional cash on cash: -0.05% Airbnb Rental Income: $4579 Traditional Rental Income: $3977 Airbnb ROI: -0.41% Traditional ROI: -0.05%
Rockefeller with Library Plan Parsippany, NJ Rockefeller with Library Plan, Parsippany, NJ 07054 \| Townhouse	3 beds \| 3 baths \| 4,059 sq.ft.	$994,990	Airbnb cash on cash: 0.34% Traditional cash on cash: 0.2% Airbnb Rental Income: $4579 Traditional Rental Income: $3496 Airbnb ROI: 0.34% Traditional ROI: 0.2%
Rockefeller Plan Parsippany, NJ Rockefeller Plan, Parsippany, NJ 07054 \| Townhouse	3 beds \| 3 baths \| 3,816 sq.ft.	$929,990	Airbnb cash on cash: 0.61% Traditional cash on cash: 0.45% Airbnb Rental Income: $4579 Traditional Rental Income: $3496 Airbnb ROI: 0.61% Traditional ROI: 0.45%
14 Willow Ln Parsippany, NJ 14 Willow Ln, Parsippany, NJ 07054 \| Townhouse	3 beds \| 3 baths \| N/A	$1,199,999	Airbnb cash on cash: -0.31% Traditional cash on cash: -0.38% Airbnb Rental Income: $4579 Traditional Rental Income: $3546 Airbnb ROI: -0.31% Traditional ROI: -0.38%
10 Buena Rd Parsippany, NJ NEWLY CONSTRUCTED 3 BRM JUST STEPS AWAY FROM THE LAKE, COME WITH AN EXTERIOR TESLA CHARGER...	3 beds \| 2 baths \| N/A	$834,997	Airbnb cash on cash: 2.85% Traditional cash on cash: 3.09% Airbnb Rental Income: $4579 Traditional Rental Income: $3811 Airbnb ROI: 2.85% Traditional ROI: 3.09%
255 Knoll Rd Parsippany, NJ 255 Knoll Rd, Parsippany, NJ 07034 \| Single Family Residential	7 beds \| 3 baths \| 3,635 sq.ft.	$925,000	Airbnb cash on cash: N/A Traditional cash on cash: 1.04% Airbnb Rental Income: $null Traditional Rental Income: $3985 Airbnb ROI: N/A Traditional ROI: 1.04%
49 Willow Way Parsippany, NJ 49 Willow Way, Parsippany, NJ 07054 \| Townhouse	3 beds \| 3 baths \| 4,260 sq.ft.	$1,044,990	Airbnb cash on cash: 0.16% Traditional cash on cash: 0.08% Airbnb Rental Income: $4579 Traditional Rental Income: $3546 Airbnb ROI: 0.16% Traditional ROI: 0.08%
20 Sandra Dr Parsippany, NJ 20 Sandra Dr, Parsippany, NJ 07054 \| Other	N/A beds \| N/A baths \| N/A	$599,000	Airbnb cash on cash: -0.38% Traditional cash on cash: -1.42% Airbnb Rental Income: $2412 Traditional Rental Income: $1241 Airbnb ROI: -0.38% Traditional ROI: -1.42%
91 Rhyan Dr #91 Parsippany, NJ 91 Rhyan Dr #91, Parsippany, NJ 07054 \| Townhouse	3 beds \| 2 baths \| N/A	$689,000	Airbnb cash on cash: 1.83% Traditional cash on cash: 0.53% Airbnb Rental Income: $4579 Traditional Rental Income: $2791 Airbnb ROI: 1.83% Traditional ROI: 0.53%
91 Rhyan Dr Parsippany, NJ Welcome to desirable Mazdabrook! This well-maintained 3-bedroom, 2.5-bath interior unit t...	3 beds \| 3 baths \| 1,676 sq.ft.	$689,000	Airbnb cash on cash: 2.72% Traditional cash on cash: 2.15% Airbnb Rental Income: $4579 Traditional Rental Income: $3264 Airbnb ROI: 2.72% Traditional ROI: 2.15%
24 Leah Way Parsippany, NJ 24 Leah Way, Parsippany, NJ 07054 \| Single Family Residential	4 beds \| 3 baths \| N/A	$1,199,000	Airbnb cash on cash: 1.11% Traditional cash on cash: -0.11% Airbnb Rental Income: $6472 Traditional Rental Income: $3852 Airbnb ROI: 1.11% Traditional ROI: -0.11%
51 Willow Ln Parsippany, NJ 51 Willow Ln, Parsippany, NJ 07054 \| Townhouse	3 beds \| 3 baths \| 3,816 sq.ft.	$939,990	Airbnb cash on cash: 0.56% Traditional cash on cash: 0.47% Airbnb Rental Income: $4579 Traditional Rental Income: $3546 Airbnb ROI: 0.56% Traditional ROI: 0.47%
79 Rhyan Dr Parsippany, NJ 79 Rhyan Dr, Parsippany, NJ 07054 \| Townhouse	3 beds \| 2 baths \| N/A	$699,999	Airbnb cash on cash: 1.74% Traditional cash on cash: 0.83% Airbnb Rental Income: $4579 Traditional Rental Income: $3033 Airbnb ROI: 1.74% Traditional ROI: 0.83%
581 Allentown Rd Parsippany, NJ 581 Allentown Rd, Parsippany, NJ 07054 \| Single Family Residential	3 beds \| 2 baths \| 1,400 sq.ft.	$565,000	Airbnb cash on cash: 3.06% Traditional cash on cash: 2.74% Airbnb Rental Income: $4579 Traditional Rental Income: $3456 Airbnb ROI: 3.06% Traditional ROI: 2.74%
16 Absecon Rd Parsippany, NJ The perfect home to start, expand, or downsize to! This cozy ranch is nestled just seconds...	2 beds \| 1 baths \| N/A	$399,999	Airbnb cash on cash: 4.47% Traditional cash on cash: 4.6% Airbnb Rental Income: $3624 Traditional Rental Income: $2880 Airbnb ROI: 4.47% Traditional ROI: 4.6%
229 Edwards Rd Parsippany, NJ	4 beds \| 2 baths \| N/A	$605,000	Airbnb cash on cash: 5.58% Traditional cash on cash: 1.84% Airbnb Rental Income: $6472 Traditional Rental Income: $3092 Airbnb ROI: 5.58% Traditional ROI: 1.84%
15 RIDGE Rd Parsippany, NJ 15 RIDGE Rd, Parsippany, NJ 07054 \| Single Family Residential	5 beds \| 3 baths \| N/A	$850,000	Airbnb cash on cash: N/A Traditional cash on cash: 1.3% Airbnb Rental Income: $null Traditional Rental Income: $3877 Airbnb ROI: N/A Traditional ROI: 1.3%
72 Allentown Rd Parsippany, NJ 72 Allentown Rd, Parsippany, NJ 07054 \| Single Family Residential	3 beds \| 1 baths \| N/A	$379,000	Airbnb cash on cash: 6.48% Traditional cash on cash: 2.46% Airbnb Rental Income: $4579 Traditional Rental Income: $2199 Airbnb ROI: 6.48% Traditional ROI: 2.46%
30 Reynolds Ave Parsippany, NJ 30 Reynolds Ave, Parsippany, NJ 07054 \| Single Family Residential	4 beds \| 2 baths \| N/A	$480,000	Airbnb cash on cash: 7.92% Traditional cash on cash: 4.88% Airbnb Rental Income: $6472 Traditional Rental Income: $3840 Airbnb ROI: 7.92% Traditional ROI: 4.88%

Real Estate investment in Parsippany, NJ

There are 22 properties for sale in the city of Parsippany . The median list price in Parsippany is $699,999 and the average price per square foot is $214. In February 2026, the average monthly cash on cash return in Parsippany is 1.00%. The average monthly rental income in Parsippany is $3,456.

Parsippany, NJ Real Estate Investing: FAQs for Buyers, Sellers and Investors

There are 22 investment properties available for sale in Parsippany.

In 2026, the best neighborhood to buy investment property is Parsippany.

The ROI for Short-Term is higher than the Long-Term in Parsippany with average rental income of $4,579.

Your search for investment property begins and ends here

Investment Property for Sale in Parsippany, NJ

32 Lake Shore Dr

Parsippany, NJ

N/A beds | N/A baths | 3,100 sq.ft.

$300,000

Airbnb cash on cash: 3.18%

Traditional cash on cash: 3.82%

Airbnb Rental Income: $2371

Traditional Rental Income: $1969

Airbnb ROI: 3.18%

Traditional ROI: 3.82%

8 New England Dr

Parsippany, NJ

5 beds | 2 baths | 2,162 sq.ft.

$735,000

Airbnb cash on cash: N/A

Traditional cash on cash: 1.99%

Airbnb Rental Income: $null

Traditional Rental Income: $3281

Airbnb ROI: N/A

Traditional ROI: 1.99%

44 Willow Ln

Parsippany, NJ

3 beds | 3 baths | 4,260 sq.ft.

$1,039,999

Airbnb cash on cash: -0.41%

Traditional cash on cash: -0.05%

Airbnb Rental Income: $4579

Traditional Rental Income: $3977

Airbnb ROI: -0.41%

Traditional ROI: -0.05%

Rockefeller with Library Plan

Parsippany, NJ

3 beds | 3 baths | 4,059 sq.ft.

$994,990

Airbnb cash on cash: 0.34%

Traditional cash on cash: 0.2%

Airbnb Rental Income: $4579

Traditional Rental Income: $3496

Airbnb ROI: 0.34%

Traditional ROI: 0.2%

Rockefeller Plan

Parsippany, NJ

3 beds | 3 baths | 3,816 sq.ft.

$929,990

Airbnb cash on cash: 0.61%

Traditional cash on cash: 0.45%

Airbnb Rental Income: $4579

Traditional Rental Income: $3496

Airbnb ROI: 0.61%

Traditional ROI: 0.45%

14 Willow Ln

Parsippany, NJ

3 beds | 3 baths | N/A

$1,199,999

Airbnb cash on cash: -0.31%

Traditional cash on cash: -0.38%

Airbnb Rental Income: $4579

Traditional Rental Income: $3546

Airbnb ROI: -0.31%

Traditional ROI: -0.38%

10 Buena Rd

Parsippany, NJ

3 beds | 2 baths | N/A

$834,997

Airbnb cash on cash: 2.85%

Traditional cash on cash: 3.09%

Airbnb Rental Income: $4579

Traditional Rental Income: $3811

Airbnb ROI: 2.85%

Traditional ROI: 3.09%

255 Knoll Rd

Parsippany, NJ

7 beds | 3 baths | 3,635 sq.ft.

$925,000

Airbnb cash on cash: N/A

Traditional cash on cash: 1.04%

Airbnb Rental Income: $null

Traditional Rental Income: $3985

Airbnb ROI: N/A