A+
159%
Med. Home Val. NAT. AVG.
105%
Rent NAT. AVG.
41%
Owner Occ. NAT. AVG.
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Morristown Housing Information

IndexMorristownNew JerseyNational
Median home price$479,100$316,400$184,700
Median rent asked$1,941$1,213$949
Avg. people per household2.32.72.6
Owner occupied households37.6%64.1%63.6%
Renter occupied households62.4%35.9%36.4%
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Housing Quick Facts

  • The median home price in Morristown is 159% higher than the national average.
  • The median rent asked in Morristown is 105% higher than the national average.
  • The average number of people per household in Morristown is 12% lower than the national average.
  • The number of owner occupied households in Morristown is 41% lower than the national average.
  • The number of renter occupied households in Morristown is 72% higher than the national average.

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      Nearby cities with low home prices

       PopulationHome PriceNational Avg.
      Victory Gardens, NJ1,604$172,8006%
      East Orange, NJ64,650$226,00022%
      Roselle, NJ21,699$230,60025%
      Hopatcong, NJ14,228$240,60030%
      Stanhope, NJ3,327$257,20039%
      Morristown, NJ19,065$479,100159%

      Cities with similar population

       PopulationHome PriceNational Avg.
      Valle Vista, CA19,072$209,10013%
      Sherrelwood, CO19,082$303,70064%
      Mesquite, NV19,087$257,10039%
      Phelan, CA19,038$262,50042%
      Deerfield, IL19,030$521,100182%
      Morristown, NJ19,065$479,100159%
      Source: The Morristown, NJ housing data displayed above is derived from the United States Census Bureau American Community Survey (ACS).