2026 Compare Cities Housing:
Morristown, NJ vs Newark, DE

Change Cities
Highlights
- The median age of a home in Morristown is 26.7% older than the median age of a home in Newark.
 Morristown, NJNewark, DEUnited States
 Median Home Age60  Unlock42
 Median Home Cost  Unlock$325,700$338,100
 Home Appr. Last 12 months12.1%  Unlock16.6%
 Home Appr. Last 5 yrs.  Unlock47.6%57.0%
 Home Appr. Last 10 yrs.44.3%  Unlock101.1%
 Property Tax Rate  Unlock$8.4$11.0
 Homes Owned34.2%  Unlock57.4%
 Housing Vacant  Unlock11.3%11.2%
 Homes Rented60.0%  Unlock31.4%
 space
 Avg Rent For Home Or Apartment
 Morristown, NJNewark, DEUnited States
 Average Rent  Unlock$1,790$1,840
 Studio Apartment$1,660  Unlock$1,080
 1 Bedroom Home or Apartment  Unlock$1,230$1,180
 2 Bedroom Home or Apartment$2,360  Unlock$1,430
 3 Bedroom Home or Apartment  Unlock$1,810$1,860
 4 Bedroom Home or Apartment$3,520  Unlock$2,160
 space1
 Vacant Housing
 Morristown, NJNewark, DEUnited States
 Vacant For Rent  Unlock5.7%1.9%
 Vacant Rented0.0%  Unlock0.4%
 Vacant For Sale  Unlock0.9%0.7%
 Vacant Sold0.0%  Unlock0.4%
 Vacant Vacation  Unlock0.5%3.6%
 Vacant Other0.5%  Unlock4.1%
 space2
 Owner-Occupied Housing Value
 Morristown, NJNewark, DEUnited States
 Less Than $20,000  Unlock0.4%2.6%
 $20,000 to $39,9991.0%  Unlock2.4%
 $40,000 to $59,999  Unlock0.2%2.8%
 $60,000 to $79,9990.0%  Unlock3.9%
 $80,000 to $99,999  Unlock2.3%4.5%
 $100,000 to $149,9991.7%  Unlock11.3%
 $150,000 to $199,999  Unlock9.3%13.0%
 $200,000 to $299,9996.0%  Unlock20.1%
 $300,000 to $399,999  Unlock26.6%13.6%
 $400,000 to $499,99926.5%  Unlock8.3%
 $500,000 to $749,999  Unlock3.1%9.7%
 $750,000 to $999,9998.9%  Unlock3.9%
 $1,000,000 to $1,499,999  Unlock0.3%2.2%
 $1,500,000 to $1,999,9990.0%  Unlock0.8%
 $2,000,000 and over  Unlock0.4%1.1%
 space3
 Housing Units By Year Built
 Morristown, NJNewark, DEUnited States
 2015 and Newer0.0%  Unlock0.2%
 2010 to 2014  Unlock9.9%13.6%
 2000 to 20096.9%  Unlock13.6%
 1990 to 1999  Unlock15.3%13.6%
 1980 to 19898.8%  Unlock13.2%
 1970 to 1979  Unlock16.5%14.8%
 1960 to 19698.1%  Unlock13.6%
 1950 to 1959  Unlock10.3%10.0%
 1940 to 19497.3%  Unlock4.7%
 1939 or Earlier  Unlock4.6%12.2%
Reviews for Morristown    3 Reviews

Over 12 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

   |    Reply

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

   |    Reply

Over 18 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

   |    Reply

Start Your Review of Morristown

Reviews for Newark    8 Reviews

Over 14 years ago

Generally, Delaware public schools are dreadful. Most people that can afford it choose to invest in their child or children by sending them anywhere but to a Delaware  More

   |    Reply

I have lived in Newark for 27 years. My great-grandmother owned the Windy Hills development when it was a farm, and my father even grew up in the same house that I did.  More

   |    Reply

I am thinking of moving to Newark, but wanted to know if commuting to Philly is possible, especially outside of 9-5 hours. I see PATCO runs to Newark, but I don't know  More

   |    Reply

Start Your Review of Newark


Premium Subscription
Includes Cost of Living compares for child care, utilities, transportation, health, taxes, housing for home owners vs renters, weather, insurance premiums and so much more.


The premier source for comprehensive city data for over 30 years.

© Best Places. All rights reserved.