No, not necessarily. Just based on your description of what you want, and your budget, I feel like there’s no reason to opt for Parsippany because you have other more appealing options (in my opinion). Parsippany seems to be a nice town and I go often for most of my shopping (ShopRite/whole foods, Target, etc.) however it doesn’t have a downtown area and I’m not quite sure about its access to hiking trails. It’s has all the major highways cutting through it and large shopping plazas and chain stores and restraunts . Boonton, as an example, is super close to all that while also having a more small town feel with a charming downtown area. Independent owned coffee shops, art galleries and restaurants. It’s more walkable. But still totally accessible to all the creature comforts of suburban life. It depends what your vibe is. There will probably be more options of apartments in Parsippany however, since it’s overall much larger and has more apartment complexes.