2025 Compare Cities Housing:
Morristown, NJ vs Asbury Park, NJ

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Highlights
- The median age of a home in Morristown is 1.7% younger than the median age of a home in Asbury Park.
 Morristown, NJAsbury Park, NJUnited States
 Median Home Age60  Unlock42
 Median Home Cost  Unlock$547,000$338,100
 Home Appr. Last 12 months12.1%  Unlock16.6%
 Home Appr. Last 5 yrs.  Unlock53.3%57.0%
 Home Appr. Last 10 yrs.44.3%  Unlock101.1%
 Property Tax Rate  Unlock$16.1$11.0
 Homes Owned34.2%  Unlock57.4%
 Housing Vacant  Unlock14.1%11.2%
 Homes Rented60.0%  Unlock31.4%
 space
 Avg Rent For Home Or Apartment
 Morristown, NJAsbury Park, NJUnited States
 Average Rent  Unlock$2,250$1,840
 Studio Apartment$1,660  Unlock$1,080
 1 Bedroom Home or Apartment  Unlock$1,330$1,180
 2 Bedroom Home or Apartment$2,360  Unlock$1,430
 3 Bedroom Home or Apartment  Unlock$2,280$1,860
 4 Bedroom Home or Apartment$3,520  Unlock$2,160
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 Vacant Housing
 Morristown, NJAsbury Park, NJUnited States
 Vacant For Rent  Unlock4.6%1.9%
 Vacant Rented0.0%  Unlock0.4%
 Vacant For Sale  Unlock0.4%0.7%
 Vacant Sold0.0%  Unlock0.4%
 Vacant Vacation  Unlock4.7%3.6%
 Vacant Other0.5%  Unlock4.1%
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 Owner-Occupied Housing Value
 Morristown, NJAsbury Park, NJUnited States
 Less Than $20,000  Unlock0.0%2.6%
 $20,000 to $39,9991.0%  Unlock2.4%
 $40,000 to $59,999  Unlock0.0%2.8%
 $60,000 to $79,9990.0%  Unlock3.9%
 $80,000 to $99,999  Unlock1.2%4.5%
 $100,000 to $149,9991.7%  Unlock11.3%
 $150,000 to $199,999  Unlock4.4%13.0%
 $200,000 to $299,9996.0%  Unlock20.1%
 $300,000 to $399,999  Unlock19.8%13.6%
 $400,000 to $499,99926.5%  Unlock8.3%
 $500,000 to $749,999  Unlock21.3%9.7%
 $750,000 to $999,9998.9%  Unlock3.9%
 $1,000,000 to $1,499,999  Unlock4.0%2.2%
 $1,500,000 to $1,999,9990.0%  Unlock0.8%
 $2,000,000 and over  Unlock0.0%1.1%
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 Housing Units By Year Built
 Morristown, NJAsbury Park, NJUnited States
 2015 and Newer0.0%  Unlock0.2%
 2010 to 2014  Unlock6.3%13.6%
 2000 to 20096.9%  Unlock13.6%
 1990 to 1999  Unlock3.8%13.6%
 1980 to 19898.8%  Unlock13.2%
 1970 to 1979  Unlock7.8%14.8%
 1960 to 19698.1%  Unlock13.6%
 1950 to 1959  Unlock7.2%10.0%
 1940 to 19497.3%  Unlock4.7%
 1939 or Earlier  Unlock36.7%12.2%
Reviews for Morristown    3 Reviews

Over 11 years ago

Morristown has great stores and restaurants. We love the easy access to NYC (50 minute train ride). Cost of living is pretty high (due to taxes) and the weather can be  More

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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  More

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Over 17 years ago

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  More

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Reviews for Asbury Park    2 Reviews

It's a shame what the city and Madison Marquette is trying to force on its residents. Asbury Park is never going to be a South Beach or a soho. Asbury thrived as a  More

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Over 19 years ago

A fine place to live with beaches, a reviving downtown, culture, music, a relaxed lifestyle, diversity, and an easy 90 minute train ride to New York City. Weather is  More

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