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
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.	$759,000	Airbnb cash on cash: N/A Traditional cash on cash: 1.9% Airbnb Rental Income: $null Traditional Rental Income: $3281 Airbnb ROI: N/A Traditional ROI: 1.9%
Rockefeller with Library Plan Parsippany, NJ Rockefeller with Library Plan, Parsippany, NJ 07054 \| Townhouse	3 beds \| 3 baths \| 4,059 sq.ft.	$984,990	Airbnb cash on cash: -2.27% Traditional cash on cash: 0.24% Airbnb Rental Income: $1665 Traditional Rental Income: $3496 Airbnb ROI: -2.27% Traditional ROI: 0.24%
Rockefeller Plan Parsippany, NJ Rockefeller Plan, Parsippany, NJ 07054 \| Townhouse	3 beds \| 3 baths \| 3,816 sq.ft.	$899,990	Airbnb cash on cash: -2.16% Traditional cash on cash: 0.59% Airbnb Rental Income: $1665 Traditional Rental Income: $3496 Airbnb ROI: -2.16% Traditional ROI: 0.59%
188 Edwards Rd Parsippany, NJ 188 Edwards Rd, Parsippany, NJ 07054 \| Single Family Residential	6 beds \| 5 baths \| N/A	$1,699,000	Airbnb cash on cash: N/A Traditional cash on cash: 0.14% Airbnb Rental Income: $null Traditional Rental Income: $5799 Airbnb ROI: N/A Traditional ROI: 0.14%
123 Cardigan Ct Parsippany, NJ 123 Cardigan Ct, Parsippany, NJ 07054 \| Townhouse	3 beds \| 3 baths \| N/A	$675,000	Airbnb cash on cash: -2.29% Traditional cash on cash: 1.02% Airbnb Rental Income: $1665 Traditional Rental Income: $3281 Airbnb ROI: -2.29% Traditional ROI: 1.02%
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: -2.49% Traditional cash on cash: -0.38% Airbnb Rental Income: $1665 Traditional Rental Income: $3546 Airbnb ROI: -2.49% Traditional ROI: -0.38%
20 Druid Hill Dr Parsippany, NJ 20 Druid Hill Dr, Parsippany, NJ 07054 \| Single Family Residential	6 beds \| 3 baths \| N/A	$960,000	Airbnb cash on cash: N/A Traditional cash on cash: 1.01% Airbnb Rental Income: $null Traditional Rental Income: $4103 Airbnb ROI: N/A Traditional ROI: 1.01%
49 Willow Way Parsippany, NJ 49 Willow Way, Parsippany, NJ 07054 \| Townhouse	3 beds \| 3 baths \| 4,260 sq.ft.	$1,064,990	Airbnb cash on cash: -2.36% Traditional cash on cash: 0.01% Airbnb Rental Income: $1665 Traditional Rental Income: $3546 Airbnb ROI: -2.36% Traditional ROI: 0.01%
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: -1.95% Traditional cash on cash: 0.53% Airbnb Rental Income: $1665 Traditional Rental Income: $2791 Airbnb ROI: -1.95% Traditional ROI: 0.53%
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: -2.21% Traditional cash on cash: 0.47% Airbnb Rental Income: $1665 Traditional Rental Income: $3546 Airbnb ROI: -2.21% 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: -1.98% Traditional cash on cash: 0.83% Airbnb Rental Income: $1665 Traditional Rental Income: $3033 Airbnb ROI: -1.98% Traditional ROI: 0.83%
1 Vail Rd Parsippany, NJ 1 Vail Rd, Parsippany, NJ 07034 \| Single Family Residential	3 beds \| 2 baths \| N/A	$575,000	Airbnb cash on cash: -1.41% Traditional cash on cash: 2.79% Airbnb Rental Income: $1665 Traditional Rental Income: $3456 Airbnb ROI: -1.41% Traditional ROI: 2.79%
53 Westminster Dr Parsippany, NJ 53 Westminster Dr, Parsippany, NJ 07054 \| Single Family Residential	3 beds \| 2 baths \| N/A	$765,000	Airbnb cash on cash: -1.92% Traditional cash on cash: 1.24% Airbnb Rental Income: $1665 Traditional Rental Income: $3456 Airbnb ROI: -1.92% Traditional ROI: 1.24%
18 Woodhaven Rd Parsippany, NJ Welcome to this beautifully maintained 4-bedroom bi-level home, offering the perfect blend...	4 beds \| 3 baths \| N/A	$749,000	Airbnb cash on cash: 3.85% Traditional cash on cash: 1.11% Airbnb Rental Income: $6472 Traditional Rental Income: $3291 Airbnb ROI: 3.85% Traditional ROI: 1.11%
59 Kingston Rd Parsippany, NJ Welcome to 59 Kingston Rd, a 3-bedroom, 1-bath split-level home located in the heart of La...	3 beds \| 1 baths \| N/A	$499,000	Airbnb cash on cash: -1.16% Traditional cash on cash: 1.16% Airbnb Rental Income: $1665 Traditional Rental Income: $2283 Airbnb ROI: -1.16% Traditional ROI: 1.16%

Real Estate investment in Parsippany, NJ

There are 24 properties for sale in the city of Parsippany . The median list price in Parsippany is $759,000 and the average price per square foot is $239. In December 2025, the average monthly cash on cash return in Parsippany is 1.00%. The average monthly rental income in Parsippany is $3,371.

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

There are 24 investment properties available for sale in Parsippany.

In 2025, the best neighborhood to buy investment property is Parsippany.

The ROI for Long-Term is higher than the Short-Term in Parsippany with average rental income of $3,371.

Your search for investment property begins and ends here

Investment Property for Sale in Parsippany, NJ

8 New England Dr

Parsippany, NJ

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

$759,000

Airbnb cash on cash: N/A

Traditional cash on cash: 1.9%

Airbnb Rental Income: $null

Traditional Rental Income: $3281

Airbnb ROI: N/A

Traditional ROI: 1.9%

Rockefeller with Library Plan

Parsippany, NJ

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

$984,990

Airbnb cash on cash: -2.27%

Traditional cash on cash: 0.24%

Airbnb Rental Income: $1665

Traditional Rental Income: $3496

Airbnb ROI: -2.27%

Traditional ROI: 0.24%

Rockefeller Plan

Parsippany, NJ

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

$899,990

Airbnb cash on cash: -2.16%

Traditional cash on cash: 0.59%

Airbnb Rental Income: $1665

Traditional Rental Income: $3496

Airbnb ROI: -2.16%

Traditional ROI: 0.59%

188 Edwards Rd

Parsippany, NJ

6 beds | 5 baths | N/A

$1,699,000

Airbnb cash on cash: N/A

Traditional cash on cash: 0.14%

Airbnb Rental Income: $null

Traditional Rental Income: $5799

Airbnb ROI: N/A

Traditional ROI: 0.14%

123 Cardigan Ct

Parsippany, NJ

3 beds | 3 baths | N/A

$675,000

Airbnb cash on cash: -2.29%

Traditional cash on cash: 1.02%

Airbnb Rental Income: $1665

Traditional Rental Income: $3281

Airbnb ROI: -2.29%

Traditional ROI: 1.02%

14 Willow Ln

Parsippany, NJ

3 beds | 3 baths | N/A

$1,199,999

Airbnb cash on cash: -2.49%

Traditional cash on cash: -0.38%

Airbnb Rental Income: $1665

Traditional Rental Income: $3546

Airbnb ROI: -2.49%

Traditional ROI: -0.38%

20 Druid Hill Dr

Parsippany, NJ

6 beds | 3 baths | N/A

$960,000

Airbnb cash on cash: N/A

Traditional cash on cash: 1.01%

Airbnb Rental Income: $null

Traditional Rental Income: $4103

Airbnb ROI: N/A

Traditional ROI: 1.01%

49 Willow Way

Parsippany, NJ

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

$1,064,990

Airbnb cash on cash: -2.36%

Traditional cash on cash: 0.01%

Airbnb Rental Income: $1665

Traditional Rental Income: $3546

Airbnb ROI: -2.36%