Jerry Tuscano - Realtor at Century 21 Elite Realty

Jerry Tuscano - Realtor at Century 21 Elite Realty 2023 NCJAR Past President , Realtor in Parsippany NJ, Work w\sellers & buyers in the Morris county area

06/09/2026

Butler NJ right for you ?

New listings are priced at a median of $552,500, a golden opportunity for sellers and buyers alike. Let's capitalize on this market dynamic together! 💰🏘️

Navigating both buying and selling in Parsippany? Timing is key with just 2 months of inventory. Act swiftly to secure y...
05/29/2026

Navigating both buying and selling in Parsippany? Timing is key with just 2 months of inventory. Act swiftly to secure your dream home while selling at a competitive price. Let's make the market work for you! 🏡🔄

05/11/2026

Colonial style home offers approx 2,779 sq ft, 2 Story entry foyer with updated powder room and 2 spacious closets. Spacious living room w/ new carpet & large picture window with lots of natural light, Formal dining room w/ new carpet. Family room with wood-burning fireplace, new vinyl flooring, sliders with access to deck. Updated eat in kitchen offers large double pantry, new stove top, oven & microwave and backsplash. Breakfast area with sliders to deck overseeing partial fenced in yard. Updated windows throughout. Laundry room on 1st floor. Updated main bath, Master En-suite offers full bath, walk-in closet, new carpet and sitting area. 3 additional spacious bedrooms all new carpet. Full basement, 3/4 acres, 2 car garage, 2 zone heating, Gas heat, Close to major transportation, shopping, schools.

$749,000

2016 vs. TodayHome prices: Home prices are 77% higher than in 2016.2016: $233,8002025: $414,400Inventory: Still roughly ...
02/02/2026

2016 vs. Today

Home prices: Home prices are 77% higher than in 2016.

2016: $233,800
2025: $414,400
Inventory: Still roughly 470,000 fewer homes available for sale today than in 2016.

2016: 1.65 million homes
2025: 1.18 million homes
Home sales: About 1.39 million more home sales occurred in 2016.

2016: 5.45 million homes sold
2025: 4.06 million homes sold
Mortgage rates: The cost of borrowing was significantly lower in 2016.

2016 mortgage rates: 3.7%
2025 mortgage rates: 6.6%
Housing affordability: In 2016. The typical family earned about 66% above the qualifying income.

Affordability index in 2016: 166.2, meaning the typical family earned about 66% more than the qualifying income
At the end of 2025, affordability was 108.2 — still technically affordable, but far tighter.
Construction: There are about 20% more single-family housing starts now than in 2016.

2016: 785,000 single-family housing starts
2025: 939,000 single-family housing starts
Age of first-time homebuyers: The median age of the first-time homebuyers has jumped by 8 years.

2016: 32
2025: 40
10-year equity gains: The wealth generated by homeownership is significantly higher than it was.

2016: Less than $15,000
2025: $214,210

Looking to run your medical business and when you’re the best rated towns in NJ. 2021 by Realtor.com Train station near...
12/24/2025

Looking to run your medical business and when you’re the best rated towns in NJ. 2021 by Realtor.com

Train station nearby hospital nearby an amazing downtown area with brewery, restaurants, businesses, shops, and so much more

Check out this office condo


Address

450 N Beverwyck Road
Parsippany, NJ
07054

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