Housing in Morristown, New Jersey
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| Median Home Age | 53.2 | 35.1 |
| Median Home Cost | $315,900 | $153,800 |
| Home Appreciation | -2.35% | 1.62% |
| Homes Owned | 35.03% | 57.69% |
| Housing Vacant | 9.24% | 11.38% |
| Homes Rented | 55.73% | 30.93% |
| Property Tax Rate | $18.49 | $11.20 |
OWNER-OCCUPIED HOUSING UNITS BY VALUE
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| Less Than $20,000 | 0.00% | 2.72% |
| $20,000 to $39,999 | 0.35% | 4.03% |
| $40,000 to $59,999 | 0.00% | 5.58% |
| $60,000 to $79,999 | 0.23% | 7.09% |
| $80,000 to $99,999 | 0.23% | 8.80% |
| $100,000 to $149,999 | 4.19% | 21.26% |
| $150,000 to $199,999 | 4.06% | 14.87% |
| $200,000 to $299,999 | 20.59% | 16.82% |
| $300,000 to $399,999 | 30.71% | 7.83% |
| $400,000 to $499,999 | 16.27% | 4.04% |
| $500,000 to $749,999 | 18.40% | 4.05% |
| $750,000 to $999,999 | 2.61% | 1.26% |
| $1,000,000 or more | 2.35% | 1.64% |
HOUSING UNITS BY YEAR STRUCTURE BUILT
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| 1999 to 2005 | 7.71% | 13.71% |
| 1995 to 1998 | 6.47% | 14.31% |
| 1990 to 1994 | 6.47% | 14.31% |
| 1980 to 1989 | 6.80% | 13.87% |
| 1970 to 1979 | 11.53% | 16.17% |
| 1960 to 1969 | 12.95% | 11.70% |
| 1950 to 1959 | 13.58% | 11.08% |
| 1940 to 1949 | 10.18% | 6.02% |
| 1939 or Earlier | 30.78% | 13.15% |
The median home value in Morristown, NJ, is $315,900. Home appreciation is -2.35% over the last year. The median age of Morristown, NJ, real estate is 53 years.
Morristown, NJ Apartments and Rentals
Renters make up 55.73% of the Morristown, NJ, population. 9.24% of houses and apartments in Morristown, NJ, are unoccupied (vacancy rate).
Morristown Housing SperlingViews
Morristown Growth: Morristown has a great variety of opportunities in many ways. A close 50 minute commute to Manhattan, it is very metropolitan while also has the best of suburban and... (read more)Review of Morristown N.J. Quality of Life : Hello all,
I am new here was asked to comment on my area of the planet where I have lived for the last 12 years.
Morristown is the county seat of Morris County. The... (read more)Have an opinion about Morristown? Leave a commentTo See All SperlingViews for Morristown Click Here
