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2025 Compare Cities Housing:
Morristown, NJ vs River Edge, NJ

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Highlights
- The median age of a home in Morristown is 13.3% younger than the median age of a home in River Edge.
 Morristown, NJRiver Edge, NJUnited States
 Median Home Age60  Unlock42
 Median Home Cost  Unlock$638,600$338,100
 Home Appr. Last 12 months12.1%  Unlock16.6%
 Home Appr. Last 5 yrs.  Unlock33.0%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  Unlock3.4%11.2%
 Homes Rented60.0%  Unlock31.4%
 space
 Avg Rent For Home Or Apartment
 Morristown, NJRiver Edge, NJUnited States
 Average Rent  Unlock$2,590$1,840
 Studio Apartment$1,660  Unlock$1,080
 1 Bedroom Home or Apartment  Unlock$1,830$1,180
 2 Bedroom Home or Apartment$2,360  Unlock$1,430
 3 Bedroom Home or Apartment  Unlock$2,630$1,860
 4 Bedroom Home or Apartment$3,520  Unlock$2,160
 space1
 Vacant Housing
 Morristown, NJRiver Edge, NJUnited States
 Vacant For Rent  Unlock0.5%1.9%
 Vacant Rented0.0%  Unlock0.4%
 Vacant For Sale  Unlock0.8%0.7%
 Vacant Sold0.0%  Unlock0.4%
 Vacant Vacation  Unlock0.5%3.6%
 Vacant Other0.5%  Unlock4.1%
 space2
 Owner-Occupied Housing Value
 Morristown, NJRiver Edge, 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  Unlock0.0%4.5%
 $100,000 to $149,9991.7%  Unlock11.3%
 $150,000 to $199,999  Unlock0.0%13.0%
 $200,000 to $299,9996.0%  Unlock20.1%
 $300,000 to $399,999  Unlock11.1%13.6%
 $400,000 to $499,99926.5%  Unlock8.3%
 $500,000 to $749,999  Unlock43.1%9.7%
 $750,000 to $999,9998.9%  Unlock3.9%
 $1,000,000 to $1,499,999  Unlock1.3%2.2%
 $1,500,000 to $1,999,9990.0%  Unlock0.8%
 $2,000,000 and over  Unlock0.0%1.1%
 space3
 Housing Units By Year Built
 Morristown, NJRiver Edge, NJUnited States
 2015 and Newer0.0%  Unlock0.2%
 2010 to 2014  Unlock4.0%13.6%
 2000 to 20096.9%  Unlock13.6%
 1990 to 1999  Unlock1.8%13.6%
 1980 to 19898.8%  Unlock13.2%
 1970 to 1979  Unlock5.2%14.8%
 1960 to 19698.1%  Unlock13.6%
 1950 to 1959  Unlock22.6%10.0%
 1940 to 19497.3%  Unlock4.7%
 1939 or Earlier  Unlock18.0%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 River Edge    2 Reviews
Carlota · River Edge, NJ
Van Saun Park
Over 18 years ago

A jewel in suburban New Jersey. Great Playground for Kids, nice family  More

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Elaine · River Edge, NJ
Going for your lungs
Over 19 years ago

New Jersey has it's ups and downs If you live in Bergen County you better make 6 figures or your not buying a house in a nice  More

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Learn More About Morristown, New Jersey
Overview
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Learn More About River Edge, New Jersey
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