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

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Highlights
- The median age of a home in Morristown is 1.7% older than the median age of a home in Towson.
 Morristown, NJTowson, MDUnited States
 Median Home Age60  Unlock42
 Median Home Cost  Unlock$427,300$338,100
 Home Appr. Last 12 months12.1%  Unlock16.6%
 Home Appr. Last 5 yrs.  Unlock32.3%57.0%
 Home Appr. Last 10 yrs.44.3%  Unlock101.1%
 Property Tax Rate  Unlock$10.9$11.0
 Homes Owned34.2%  Unlock57.4%
 Housing Vacant  Unlock7.5%11.2%
 Homes Rented60.0%  Unlock31.4%
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 Avg Rent For Home Or Apartment
 Morristown, NJTowson, MDUnited States
 Average Rent  Unlock$2,110$1,840
 Studio Apartment$1,660  Unlock$1,080
 1 Bedroom Home or Apartment  Unlock$1,340$1,180
 2 Bedroom Home or Apartment$2,360  Unlock$1,430
 3 Bedroom Home or Apartment  Unlock$2,140$1,860
 4 Bedroom Home or Apartment$3,520  Unlock$2,160
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 Vacant Housing
 Morristown, NJTowson, MDUnited States
 Vacant For Rent  Unlock4.6%1.9%
 Vacant Rented0.0%  Unlock0.4%
 Vacant For Sale  Unlock0.4%0.7%
 Vacant Sold0.0%  Unlock0.4%
 Vacant Vacation  Unlock0.2%3.6%
 Vacant Other0.5%  Unlock4.1%
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 Owner-Occupied Housing Value
 Morristown, NJTowson, MDUnited States
 Less Than $20,000  Unlock0.8%2.6%
 $20,000 to $39,9991.0%  Unlock2.4%
 $40,000 to $59,999  Unlock0.1%2.8%
 $60,000 to $79,9990.0%  Unlock3.9%
 $80,000 to $99,999  Unlock0.4%4.5%
 $100,000 to $149,9991.7%  Unlock11.3%
 $150,000 to $199,999  Unlock4.9%13.0%
 $200,000 to $299,9996.0%  Unlock20.1%
 $300,000 to $399,999  Unlock25.6%13.6%
 $400,000 to $499,99926.5%  Unlock8.3%
 $500,000 to $749,999  Unlock18.6%9.7%
 $750,000 to $999,9998.9%  Unlock3.9%
 $1,000,000 to $1,499,999  Unlock2.3%2.2%
 $1,500,000 to $1,999,9990.0%  Unlock0.8%
 $2,000,000 and over  Unlock0.9%1.1%
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 Housing Units By Year Built
 Morristown, NJTowson, MDUnited States
 2015 and Newer0.0%  Unlock0.2%
 2010 to 2014  Unlock5.7%13.6%
 2000 to 20096.9%  Unlock13.6%
 1990 to 1999  Unlock7.2%13.6%
 1980 to 19898.8%  Unlock13.2%
 1970 to 1979  Unlock12.4%14.8%
 1960 to 19698.1%  Unlock13.6%
 1950 to 1959  Unlock25.8%10.0%
 1940 to 19497.3%  Unlock4.7%
 1939 or Earlier  Unlock12.0%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 Towson    3 Reviews

Because Towson university is right here, and we're not too far from downtown Baltimore, there are many bus lines running in the area. The problem though is they rarely  More

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Crowded, crime on the rise , very expensive and tax  More

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My wife and I have lived in Towson for seven and a half years. It has many of the things we want in a community but it is not our dream place to live. We would like a  More

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