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
42 Deerfield Rd Parsippany, NJ Custom built New Construction Colonial home featuring 3 bedrooms and 2.1 bathrooms. Eat-i...	3 beds \| 2 baths \| 1,950 sq.ft.	$699,000	Airbnb cash on cash: 3.68% Traditional cash on cash: 3.42% Airbnb Rental Income: $4579 Traditional Rental Income: $3456 Airbnb ROI: 3.68% Traditional ROI: 3.42%
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.	$225,000	Airbnb cash on cash: 4.54% Traditional cash on cash: 7.81% Airbnb Rental Income: $2371 Traditional Rental Income: $2483 Airbnb ROI: 4.54% Traditional ROI: 7.81%
658 Parsippany Blvd Parsippany, NJ Parsippany Schools!! You need to view the floorplan to see the opportunities and space thi...	4 beds \| 4 baths \| 2,372 sq.ft.	$740,000	Airbnb cash on cash: 4.95% Traditional cash on cash: 3.1% Airbnb Rental Income: $6472 Traditional Rental Income: $3923 Airbnb ROI: 4.95% Traditional ROI: 3.1%
44 Willow Ln Parsippany, NJ Immediate availability move in without the wait! This home is fully constructed, move-in-r...	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%
209 Raymound Blvd Parsippany, NJ 209 Raymound Blvd, Parsippany, NJ 07054 \| Townhouse	3 beds \| 2 baths \| N/A	$719,900	Airbnb cash on cash: 1.6% Traditional cash on cash: 0.37% Airbnb Rental Income: $4579 Traditional Rental Income: $2804 Airbnb ROI: 1.6% Traditional ROI: 0.37%
51 Willow Ln Parsippany, NJ 51 Willow Ln, Parsippany, NJ 07054 \| Townhouse	3 beds \| 3 baths \| 3,816 sq.ft.	$959,990	Airbnb cash on cash: -0.4% Traditional cash on cash: -0.49% Airbnb Rental Income: $4579 Traditional Rental Income: $3546 Airbnb ROI: -0.4% Traditional ROI: -0.49%
72 Allentown Rd Parsippany, NJ 72 Allentown Rd, Parsippany, NJ 07054 \| Single Family Residential	4 beds \| 1 baths \| N/A	$549,000	Airbnb cash on cash: 6.5% Traditional cash on cash: 0.64% Airbnb Rental Income: $6472 Traditional Rental Income: $2199 Airbnb ROI: 6.5% Traditional ROI: 0.64%
15 Sweetwood Ct Parsippany, NJ 15 Sweetwood Ct, Parsippany, NJ 07054 \| Single Family Residential	5 beds \| 3 baths \| N/A	$809,000	Airbnb cash on cash: -1.4% Traditional cash on cash: 1.91% Airbnb Rental Income: $2213 Traditional Rental Income: $4151 Airbnb ROI: -1.4% Traditional ROI: 1.91%
161 Beachwood Rd Parsippany, NJ Welcome to 161 Beachwood, a beautifully updated home in the desirable Lake Parsippany comm...	2 beds \| 1 baths \| N/A	$539,000	Airbnb cash on cash: -1.06% Traditional cash on cash: 1.07% Airbnb Rental Income: $1126 Traditional Rental Income: $1823 Airbnb ROI: -1.06% Traditional ROI: 1.07%
318 Halsey Rd Parsippany, NJ 318 Halsey Rd, Parsippany, NJ 07054 \| Single Family Residential	5 beds \| 4 baths \| 3,200 sq.ft.	$949,999	Airbnb cash on cash: -1.76% Traditional cash on cash: 1.67% Airbnb Rental Income: $2213 Traditional Rental Income: $4688 Airbnb ROI: -1.76% Traditional ROI: 1.67%
11 Druid Hill Dr Parsippany, NJ Welcome to 11 Druid Hill Drive, a beautifully updated home, where style, space and thought...	4 beds \| 3 baths \| N/A	$989,000	Airbnb cash on cash: 3.11% Traditional cash on cash: 1.92% Airbnb Rental Income: $6472 Traditional Rental Income: $4116 Airbnb ROI: 3.11% Traditional ROI: 1.92%
60 Park Rd Parsippany, NJ 60 Park Rd, Parsippany, NJ 07054 \| Single Family Residential	5 beds \| 3 baths \| 3,252 sq.ft.	$1,199,900	Airbnb cash on cash: -2.08% Traditional cash on cash: 0.16% Airbnb Rental Income: $2213 Traditional Rental Income: $4153 Airbnb ROI: -2.08% Traditional ROI: 0.16%
135 Lake Shore Dr Parsippany, NJ 135 Lake Shore Dr, Parsippany, NJ 07054 \| Single Family Residential	3 beds \| 3 baths \| 2,300 sq.ft.	$759,000	Airbnb cash on cash: 1.52% Traditional cash on cash: 1.25% Airbnb Rental Income: $4579 Traditional Rental Income: $3434 Airbnb ROI: 1.52% Traditional ROI: 1.25%
133 Sandra Dr Parsippany, NJ 133 Sandra Dr, Parsippany, NJ 07054 \| Single Family Residential	4 beds \| 3 baths \| N/A	$1,100,000	Airbnb cash on cash: 1.52% Traditional cash on cash: 0.33% Airbnb Rental Income: $6472 Traditional Rental Income: $3993 Airbnb ROI: 1.52% Traditional ROI: 0.33%
18 Druid Hill Dr Parsippany, NJ A refined Colonial residence where timeless elegance, exceptional comfort, and effortless ...	4 beds \| 3 baths \| 2,852 sq.ft.	$799,888	Airbnb cash on cash: 3.38% Traditional cash on cash: 0.94% Airbnb Rental Income: $6472 Traditional Rental Income: $3381 Airbnb ROI: 3.38% Traditional ROI: 0.94%
12 Byron Ct Parsippany, NJ 12 Byron Ct, Parsippany, NJ 07054 \| Single Family Residential	5 beds \| 3 baths \| N/A	$1,300,000	Airbnb cash on cash: -2.19% Traditional cash on cash: -0.15% Airbnb Rental Income: $2213 Traditional Rental Income: $4117 Airbnb ROI: -2.19% Traditional ROI: -0.15%
11 Dolly Dr Parsippany, NJ 11 Dolly Dr, Parsippany, NJ 07054 \| Single Family Residential	3 beds \| 2 baths \| N/A	$679,000	Airbnb cash on cash: 2.11% Traditional cash on cash: 1.84% Airbnb Rental Income: $4579 Traditional Rental Income: $2828 Airbnb ROI: 2.11% Traditional ROI: 1.84%
41 Florham Rd Parsippany, NJ 41 Florham Rd, Parsippany, NJ 07054 \| Single Family Residential	4 beds \| 3 baths \| 3,329 sq.ft.	$1,050,000	Airbnb cash on cash: 1.76% Traditional cash on cash: 0.48% Airbnb Rental Income: $6472 Traditional Rental Income: $3958 Airbnb ROI: 1.76% Traditional ROI: 0.48%
180-68 Littleton Rd Parsippany, NJ 180-68 Littleton Rd, Parsippany, NJ 07054 \| Condo/Coop	1 beds \| 1 baths \| 769 sq.ft.	$265,007	Airbnb cash on cash: -1.73% Traditional cash on cash: 0.38% Airbnb Rental Income: $1425 Traditional Rental Income: $1525 Airbnb ROI: -1.73% Traditional ROI: 0.38%
6 Mitchell Rd Parsippany, NJ 6 Mitchell Rd, Parsippany, NJ 07054 \| Single Family Residential	4 beds \| 2 baths \| 2,096 sq.ft.	$849,900	Airbnb cash on cash: 2.98% Traditional cash on cash: 0.53% Airbnb Rental Income: $6472 Traditional Rental Income: $3267 Airbnb ROI: 2.98% Traditional ROI: 0.53%
279 E Halsey Rd Parsippany, NJ 279 E Halsey Rd, Parsippany, NJ 07054 \| Other	N/A beds \| N/A baths \| N/A	$575,000	Airbnb cash on cash: -0.25% Traditional cash on cash: -1.28% Airbnb Rental Income: $2412 Traditional Rental Income: $1271 Airbnb ROI: -0.25% Traditional ROI: -1.28%
26 Huron Ave Parsippany, NJ Welcome to 26 Huron where the sellers pride of ownership is clear. A move-in ready 4-bedro...	4 beds \| 2 baths \| 1,804 sq.ft.	$625,000	Airbnb cash on cash: 4.69% Traditional cash on cash: 2.95% Airbnb Rental Income: $6048 Traditional Rental Income: $3840 Airbnb ROI: 4.69% Traditional ROI: 2.95%
26 Gordon Cir Parsippany, NJ WONDERFUL LOCATION! You will absolutely adore this updated Townhome in Hunting Ridge. MOVE...	3 beds \| 2 baths \| 1,930 sq.ft.	$688,500	Airbnb cash on cash: 1.39% Traditional cash on cash: 0.07% Airbnb Rental Income: $4579 Traditional Rental Income: $2767 Airbnb ROI: 1.39% Traditional ROI: 0.07%
24 Taylor Ct Parsippany, NJ 24 Taylor Ct, Parsippany, NJ 07054 \| Single Family Residential	5 beds \| 4 baths \| N/A	$999,999	Airbnb cash on cash: -1.95% Traditional cash on cash: 0.99% Airbnb Rental Income: $2213 Traditional Rental Income: $4665 Airbnb ROI: -1.95% Traditional ROI: 0.99%
7 Lucille Dr Parsippany, NJ 7 Lucille Dr, Parsippany, NJ 07054 \| Single Family Residential	4 beds \| 3 baths \| N/A	$995,000	Airbnb cash on cash: 1.63% Traditional cash on cash: 0.34% Airbnb Rental Income: $6472 Traditional Rental Income: $3911 Airbnb ROI: 1.63% Traditional ROI: 0.34%
38 Gordon Cir Parsippany, NJ 38 Gordon Cir, Parsippany, NJ 07054 \| Condo/Coop	3 beds \| 2 baths \| 1,930 sq.ft.	$699,000	Airbnb cash on cash: 1.4% Traditional cash on cash: 0.23% Airbnb Rental Income: $4579 Traditional Rental Income: $2868 Airbnb ROI: 1.4% Traditional ROI: 0.23%
84 Emily Pl Parsippany, NJ Welcome to 84 Emily Place, a beautiful corner unit in the sought-after Mazdabrook Commons ...	3 beds \| 2 baths \| N/A	$767,000	Airbnb cash on cash: 1.29% Traditional cash on cash: 1.05% Airbnb Rental Income: $4579 Traditional Rental Income: $3456 Airbnb ROI: 1.29% Traditional ROI: 1.05%
196 Camden Rd Parsippany, NJ Come see this clean, well kept split level home ready to move into on a level and fenced b...	3 beds \| 2 baths \| N/A	$569,900	Airbnb cash on cash: 3.17% Traditional cash on cash: 2.85% Airbnb Rental Income: $4579 Traditional Rental Income: $3456 Airbnb ROI: 3.17% Traditional ROI: 2.85%
7 Fernwood Pl Parsippany, NJ Move-In Ready Home in a Peaceful, Desirable Neighborhood!Beautifully maintained and move-i...	5 beds \| 2 baths \| 2,312 sq.ft.	$899,000	Airbnb cash on cash: 2.63% Traditional cash on cash: 1% Airbnb Rental Income: $6472 Traditional Rental Income: $3840 Airbnb ROI: 2.63% Traditional ROI: 1%
62 Lake Shore Dr Parsippany, NJ Beautifully maintained, move-in-ready ranch. Featuring 3 spacious bedrooms, an inviting li...	3 beds \| 1 baths \| N/A	$515,000	Airbnb cash on cash: 3.92% Traditional cash on cash: 3.52% Airbnb Rental Income: $4606 Traditional Rental Income: $3456 Airbnb ROI: 3.92% Traditional ROI: 3.52%
20 Lincoln Gdns Parsippany, NJ Welcome to this beautifully refreshed, freshly painted first floor condo featuring 1 bedro...	1 beds \| 1 baths \| N/A	$299,900	Airbnb cash on cash: -1.64% Traditional cash on cash: 4.39% Airbnb Rental Income: $545 Traditional Rental Income: $1969 Airbnb ROI: -1.64% Traditional ROI: 4.39%
15 Rockaway Pl Parsippany, NJ Welcome to this beautifully renovated 3BR, 2.1BTH Split Level offering a wonderful blend o...	3 beds \| 2 baths \| N/A	$869,000	Airbnb cash on cash: -0.45% Traditional cash on cash: 2.23% Airbnb Rental Income: $1764 Traditional Rental Income: $3451 Airbnb ROI: -0.45% Traditional ROI: 2.23%

Real Estate investment in Parsippany, NJ

There are 33 properties for sale in the city of Parsippany . The median list price in Parsippany is $726,654 and the average price per square foot is $287. In November 2026, the average monthly cash on cash return in Parsippany is 1.00%. The average monthly rental income in Parsippany is $3,292.

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

There are 33 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

42 Deerfield Rd

Parsippany, NJ

3 beds | 2 baths | 1,950 sq.ft.

$699,000

Airbnb cash on cash: 3.68%

Traditional cash on cash: 3.42%

Airbnb Rental Income: $4579

Traditional Rental Income: $3456

Airbnb ROI: 3.68%

Traditional ROI: 3.42%

32 Lake Shore Dr

Parsippany, NJ

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

$225,000

Airbnb cash on cash: 4.54%

Traditional cash on cash: 7.81%

Airbnb Rental Income: $2371

Traditional Rental Income: $2483

Airbnb ROI: 4.54%

Traditional ROI: 7.81%

658 Parsippany Blvd

Parsippany, NJ

4 beds | 4 baths | 2,372 sq.ft.

$740,000

Airbnb cash on cash: 4.95%

Traditional cash on cash: 3.1%

Airbnb Rental Income: $6472

Traditional Rental Income: $3923

Airbnb ROI: 4.95%

Traditional ROI: 3.1%

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%

209 Raymound Blvd

Parsippany, NJ

3 beds | 2 baths | N/A

$719,900

Airbnb cash on cash: 1.6%

Traditional cash on cash: 0.37%

Airbnb Rental Income: $4579

Traditional Rental Income: $2804

Airbnb ROI: 1.6%

Traditional ROI: 0.37%

51 Willow Ln

Parsippany, NJ

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

$959,990

Airbnb cash on cash: -0.4%

Traditional cash on cash: -0.49%

Airbnb Rental Income: $4579

Traditional Rental Income: $3546

Airbnb ROI: -0.4%

Traditional ROI: -0.49%

72 Allentown Rd

Parsippany, NJ

4 beds | 1 baths | N/A

$549,000

Airbnb cash on cash: 6.5%

Traditional cash on cash: 0.64%

Airbnb Rental Income: $6472

Traditional Rental Income: $2199

Airbnb ROI: 6.5%

Traditional ROI: 0.64%

15 Sweetwood Ct

Parsippany, NJ

5 beds | 3 baths | N/A

$809,000

Airbnb cash on cash: -1.4%

Traditional cash on cash: 1.91%

Airbnb Rental Income: $2213

Traditional Rental Income: $4151

Airbnb ROI: -1.4%