2025 Compare Cities Housing:
Morristown, NJ vs Ramsey, NJ

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Highlights
- The median age of a home in Morristown is 13.3% older than the median age of a home in Ramsey.
 Morristown, NJRamsey, NJUnited States
 Median Home Age60  Unlock42
 Median Home Cost  Unlock$623,800$338,100
 Home Appr. Last 12 months12.1%  Unlock16.6%
 Home Appr. Last 5 yrs.  Unlock39.2%57.0%
 Home Appr. Last 10 yrs.44.3%  Unlock101.1%
 Property Tax Rate  Unlock$21.8$11.0
 Homes Owned34.2%  Unlock57.4%
 Housing Vacant  Unlock3.7%11.2%
 Homes Rented60.0%  Unlock31.4%
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 Avg Rent For Home Or Apartment
 Morristown, NJRamsey, NJUnited States
 Average Rent  Unlock$2,530$1,840
 Studio Apartment$1,660  Unlock$1,080
 1 Bedroom Home or Apartment  Unlock$1,780$1,180
 2 Bedroom Home or Apartment$2,360  Unlock$1,430
 3 Bedroom Home or Apartment  Unlock$2,570$1,860
 4 Bedroom Home or Apartment$3,520  Unlock$2,160
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 Vacant Housing
 Morristown, NJRamsey, NJUnited States
 Vacant For Rent  Unlock0.8%1.9%
 Vacant Rented0.0%  Unlock0.4%
 Vacant For Sale  Unlock1.0%0.7%
 Vacant Sold0.0%  Unlock0.4%
 Vacant Vacation  Unlock0.0%3.6%
 Vacant Other0.5%  Unlock4.1%
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 Owner-Occupied Housing Value
 Morristown, NJRamsey, NJUnited States
 Less Than $20,000  Unlock1.4%2.6%
 $20,000 to $39,9991.0%  Unlock2.4%
 $40,000 to $59,999  Unlock0.4%2.8%
 $60,000 to $79,9990.0%  Unlock3.9%
 $80,000 to $99,999  Unlock0.0%4.5%
 $100,000 to $149,9991.7%  Unlock11.3%
 $150,000 to $199,999  Unlock0.8%13.0%
 $200,000 to $299,9996.0%  Unlock20.1%
 $300,000 to $399,999  Unlock12.4%13.6%
 $400,000 to $499,99926.5%  Unlock8.3%
 $500,000 to $749,999  Unlock50.3%9.7%
 $750,000 to $999,9998.9%  Unlock3.9%
 $1,000,000 to $1,499,999  Unlock4.5%2.2%
 $1,500,000 to $1,999,9990.0%  Unlock0.8%
 $2,000,000 and over  Unlock0.7%1.1%
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 Housing Units By Year Built
 Morristown, NJRamsey, NJUnited States
 2015 and Newer0.0%  Unlock0.2%
 2010 to 2014  Unlock4.5%13.6%
 2000 to 20096.9%  Unlock13.6%
 1990 to 1999  Unlock7.8%13.6%
 1980 to 19898.8%  Unlock13.2%
 1970 to 1979  Unlock18.4%14.8%
 1960 to 19698.1%  Unlock13.6%
 1950 to 1959  Unlock15.6%10.0%
 1940 to 19497.3%  Unlock4.7%
 1939 or Earlier  Unlock11.5%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 Ramsey    4 Reviews

Upside: Ramsey is a great town in Bergen County with so much to offer. Schools are good and there is a pretty, compact shopping district. It is less congested than towns  More

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Over 17 years ago

Ramsey has been a great place to have our children grow up in, very low crime rate, top education & close to everything one might  More

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Live here since 1983; brought up my kids here. Want to leave because the it's just too expensive to maintain a decent lifestyle here. My kids don't want to stay either.  More

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