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

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Highlights
- The median age of a home in Paramus is 0.0% younger than the median age of a home in Morristown.
 Paramus, NJMorristown, NJUnited States
 Median Home Age60  Unlock42
 Median Home Cost  Unlock$728,200$338,100
 Home Appr. Last 12 months9.0%  Unlock16.6%
 Home Appr. Last 5 yrs.  Unlock29.3%57.0%
 Home Appr. Last 10 yrs.52.1%  Unlock101.1%
 Property Tax Rate  Unlock$22.0$11.0
 Homes Owned76.6%  Unlock57.4%
 Housing Vacant  Unlock5.8%11.2%
 Homes Rented17.5%  Unlock31.4%
 space
 Avg Rent For Home Or Apartment
 Paramus, NJMorristown, NJUnited States
 Average Rent  Unlock$2,960$1,840
 Studio Apartment$1,970  Unlock$1,080
 1 Bedroom Home or Apartment  Unlock$1,970$1,180
 2 Bedroom Home or Apartment$2,740  Unlock$1,430
 3 Bedroom Home or Apartment  Unlock$3,000$1,860
 4 Bedroom Home or Apartment$4,270  Unlock$2,160
 space1
 Vacant Housing
 Paramus, NJMorristown, NJUnited States
 Vacant For Rent  Unlock5.0%1.9%
 Vacant Rented0.0%  Unlock0.4%
 Vacant For Sale  Unlock0.2%0.7%
 Vacant Sold1.0%  Unlock0.4%
 Vacant Vacation  Unlock0.1%3.6%
 Vacant Other3.7%  Unlock4.1%
 space2
 Owner-Occupied Housing Value
 Paramus, NJMorristown, NJUnited States
 Less Than $20,000  Unlock0.0%2.6%
 $20,000 to $39,9990.0%  Unlock2.4%
 $40,000 to $59,999  Unlock0.0%2.8%
 $60,000 to $79,9990.1%  Unlock3.9%
 $80,000 to $99,999  Unlock0.0%4.5%
 $100,000 to $149,9990.5%  Unlock11.3%
 $150,000 to $199,999  Unlock0.0%13.0%
 $200,000 to $299,9992.4%  Unlock20.1%
 $300,000 to $399,999  Unlock23.0%13.6%
 $400,000 to $499,99911.0%  Unlock8.3%
 $500,000 to $749,999  Unlock28.7%9.7%
 $750,000 to $999,99914.2%  Unlock3.9%
 $1,000,000 to $1,499,999  Unlock4.3%2.2%
 $1,500,000 to $1,999,9990.5%  Unlock0.8%
 $2,000,000 and over  Unlock0.0%1.1%
 space3
 Housing Units By Year Built
 Paramus, NJMorristown, NJUnited States
 2015 and Newer0.1%  Unlock0.2%
 2010 to 2014  Unlock6.9%13.6%
 2000 to 20099.0%  Unlock13.6%
 1990 to 1999  Unlock8.1%13.6%
 1980 to 19895.1%  Unlock13.2%
 1970 to 1979  Unlock7.6%14.8%
 1960 to 19698.6%  Unlock13.6%
 1950 to 1959  Unlock14.9%10.0%
 1940 to 19499.0%  Unlock4.7%
 1939 or Earlier  Unlock26.6%12.2%
Transportation
Reviews for Paramus    2 Reviews
Bp · Paramus, NJ
Paramus School System
Over 16 years ago

My siblings and I are products of the Paramus Public School system and I am an attorney, my sister is a doctor and my brother is finishing his MBA. Many of my high  More

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Kimberly · Paramus, NJ
Quality of Life
Over 18 years ago

I have lived here most of my life and it is a fabulous place to live. Community oriented - great schools and great  More

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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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Learn More About Paramus, New Jersey
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Learn More About Morristown, New Jersey
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