2025 Compare Cities Housing:
Morristown, NJ vs Elgin, IL

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Highlights
- The median age of a home in Morristown is 26.7% older than the median age of a home in Elgin.
 Morristown, NJElgin, ILUnited States
 Median Home Age60  Unlock42
 Median Home Cost  Unlock$264,200$338,100
 Home Appr. Last 12 months12.1%  Unlock16.6%
 Home Appr. Last 5 yrs.  Unlock35.4%57.0%
 Home Appr. Last 10 yrs.44.3%  Unlock101.1%
 Property Tax Rate  Unlock$27.0$11.0
 Homes Owned34.2%  Unlock57.4%
 Housing Vacant  Unlock3.5%11.2%
 Homes Rented60.0%  Unlock31.4%
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 Avg Rent For Home Or Apartment
 Morristown, NJElgin, ILUnited States
 Average Rent  Unlock$1,850$1,840
 Studio Apartment$1,660  Unlock$1,080
 1 Bedroom Home or Apartment  Unlock$1,290$1,180
 2 Bedroom Home or Apartment$2,360  Unlock$1,430
 3 Bedroom Home or Apartment  Unlock$1,880$1,860
 4 Bedroom Home or Apartment$3,520  Unlock$2,160
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 Vacant Housing
 Morristown, NJElgin, ILUnited States
 Vacant For Rent  Unlock0.9%1.9%
 Vacant Rented0.0%  Unlock0.4%
 Vacant For Sale  Unlock0.5%0.7%
 Vacant Sold0.0%  Unlock0.4%
 Vacant Vacation  Unlock0.1%3.6%
 Vacant Other0.5%  Unlock4.1%
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 Owner-Occupied Housing Value
 Morristown, NJElgin, ILUnited States
 Less Than $20,000  Unlock2.8%2.6%
 $20,000 to $39,9991.0%  Unlock2.4%
 $40,000 to $59,999  Unlock0.9%2.8%
 $60,000 to $79,9990.0%  Unlock3.9%
 $80,000 to $99,999  Unlock2.7%4.5%
 $100,000 to $149,9991.7%  Unlock11.3%
 $150,000 to $199,999  Unlock26.5%13.0%
 $200,000 to $299,9996.0%  Unlock20.1%
 $300,000 to $399,999  Unlock14.6%13.6%
 $400,000 to $499,99926.5%  Unlock8.3%
 $500,000 to $749,999  Unlock0.8%9.7%
 $750,000 to $999,9998.9%  Unlock3.9%
 $1,000,000 to $1,499,999  Unlock0.1%2.2%
 $1,500,000 to $1,999,9990.0%  Unlock0.8%
 $2,000,000 and over  Unlock0.1%1.1%
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 Housing Units By Year Built
 Morristown, NJElgin, ILUnited States
 2015 and Newer0.0%  Unlock0.2%
 2010 to 2014  Unlock14.4%13.6%
 2000 to 20096.9%  Unlock13.6%
 1990 to 1999  Unlock16.6%13.6%
 1980 to 19898.8%  Unlock13.2%
 1970 to 1979  Unlock13.5%14.8%
 1960 to 19698.1%  Unlock13.6%
 1950 to 1959  Unlock7.2%10.0%
 1940 to 19497.3%  Unlock4.7%
 1939 or Earlier  Unlock19.4%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 Elgin    9 Reviews

When I first moved to Elgin 2 years ago I did not like it. I lived in a mobile home park near the river and highway 90 in a senior community that over prices it's lot  More

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Hi, as a way of updating the post for Elgin and providing a rebuttal for some of the negative reviews, I've decided to post on this board. I've lived in Elgin since  More

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Over 15 years ago

I have lived in Elgin my whole life and it is very sad to read these comments about my town.... I'm a senior at South Elgin High School and I will be graduating this  More

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