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2025 Compare Cities Housing:
Morristown, NJ vs Gaithersburg, MD

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Highlights
- The median age of a home in Morristown is 46.7% older than the median age of a home in Gaithersburg.
 Morristown, NJGaithersburg, MDUnited States
 Median Home Age60  Unlock42
 Median Home Cost  Unlock$471,400$338,100
 Home Appr. Last 12 months12.1%  Unlock16.6%
 Home Appr. Last 5 yrs.  Unlock30.3%57.0%
 Home Appr. Last 10 yrs.44.3%  Unlock101.1%
 Property Tax Rate  Unlock$9.9$11.0
 Homes Owned34.2%  Unlock57.4%
 Housing Vacant  Unlock5.8%11.2%
 Homes Rented60.0%  Unlock31.4%
 space
 Avg Rent For Home Or Apartment
 Morristown, NJGaithersburg, MDUnited States
 Average Rent  Unlock$2,360$1,840
 Studio Apartment$1,660  Unlock$1,080
 1 Bedroom Home or Apartment  Unlock$1,680$1,180
 2 Bedroom Home or Apartment$2,360  Unlock$1,430
 3 Bedroom Home or Apartment  Unlock$2,400$1,860
 4 Bedroom Home or Apartment$3,520  Unlock$2,160
 space1
 Vacant Housing
 Morristown, NJGaithersburg, MDUnited States
 Vacant For Rent  Unlock2.4%1.9%
 Vacant Rented0.0%  Unlock0.4%
 Vacant For Sale  Unlock0.6%0.7%
 Vacant Sold0.0%  Unlock0.4%
 Vacant Vacation  Unlock0.8%3.6%
 Vacant Other0.5%  Unlock4.1%
 space2
 Owner-Occupied Housing Value
 Morristown, NJGaithersburg, MDUnited States
 Less Than $20,000  Unlock0.7%2.6%
 $20,000 to $39,9991.0%  Unlock2.4%
 $40,000 to $59,999  Unlock0.3%2.8%
 $60,000 to $79,9990.0%  Unlock3.9%
 $80,000 to $99,999  Unlock0.9%4.5%
 $100,000 to $149,9991.7%  Unlock11.3%
 $150,000 to $199,999  Unlock3.8%13.0%
 $200,000 to $299,9996.0%  Unlock20.1%
 $300,000 to $399,999  Unlock22.5%13.6%
 $400,000 to $499,99926.5%  Unlock8.3%
 $500,000 to $749,999  Unlock21.8%9.7%
 $750,000 to $999,9998.9%  Unlock3.9%
 $1,000,000 to $1,499,999  Unlock2.9%2.2%
 $1,500,000 to $1,999,9990.0%  Unlock0.8%
 $2,000,000 and over  Unlock0.9%1.1%
 space3
 Housing Units By Year Built
 Morristown, NJGaithersburg, MDUnited States
 2015 and Newer0.0%  Unlock0.2%
 2010 to 2014  Unlock16.9%13.6%
 2000 to 20096.9%  Unlock13.6%
 1990 to 1999  Unlock17.6%13.6%
 1980 to 19898.8%  Unlock13.2%
 1970 to 1979  Unlock18.6%14.8%
 1960 to 19698.1%  Unlock13.6%
 1950 to 1959  Unlock2.6%10.0%
 1940 to 19497.3%  Unlock4.7%
 1939 or Earlier  Unlock1.6%12.2%
Transportation
Reviews for Morristown    3 Reviews
CJG · Morristown, NJ
Morristown NJ
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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doug · Morristown, NJ
Review of Morristown N.J. Quality of Life
Over 13 years ago

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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Ari · Morristown, NJ
Morristown Growth
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 Gaithersburg    10 Reviews
CJ · Bethesda, MD
Friendly, safe, convenient but...
Over 7 years ago

We recently sold our family home of 20+ years in Potomac, MD and moved just down the road to Gaithersburg. We have nothing but good things to say about the people  More

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Tracy · Gaithersburg, MD
Close to DC
Over 10 years ago

The city of Gaithersburg offers all of the employment opportunities of being within commuting range of D.C. without the congestion. Homes are more affordable and you  More

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gio56777 · Germantown, MD
Planning "Goodbye" to Maryland -- all of it!
Over 12 years ago

The state has the potential to be a great place to live ... but that 'Reality’ is just slipping away. The current leadership has done a really bang-up job creating so  More

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Learn More About Morristown, New Jersey
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