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2024 Compare Cities Housing:
Red Bank, NJ vs Morristown, NJ

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Highlights
- The median age of a home in Red Bank is 9.1% older than the median age of a home in Morristown.

Housing
 Red Bank, NJMorristown, NJUnited States
 Median Home Age666042
 Median Home Cost$547,500$728,200$338,100
 Home Appr. Last 12 months17.5%12.1%16.6%
 Home Appr. Last 5 yrs.53.3%29.3%57.0%
 Home Appr. Last 10 yrs.78.1%44.3%101.1%
 Property Tax Rate$19.7$22.0$11.0
 Homes Owned49.4%34.2%57.4%
 Housing Vacant3.1%5.8%11.2%
 Homes Rented47.5%60.0%31.4%
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 Avg Rent For Home Or Apartment
 Red Bank, NJMorristown, NJUnited States
 Average Rent$2,350$2,960$1,840
 Studio Apartment$1,240$1,660$1,080
 1 Bedroom Home or Apartment$1,390$1,970$1,180
 2 Bedroom Home or Apartment$1,740$2,360$1,430
 3 Bedroom Home or Apartment$2,380$3,000$1,860
 4 Bedroom Home or Apartment$2,650$3,520$2,160
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 Vacant Housing
 Red Bank, NJMorristown, NJUnited States
 Vacant For Rent0.1%5.0%1.9%
 Vacant Rented0.0%0.0%0.4%
 Vacant For Sale0.0%0.2%0.7%
 Vacant Sold0.6%0.0%0.4%
 Vacant Vacation0.0%0.1%3.6%
 Vacant Other2.4%0.5%4.1%
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 Owner-Occupied Housing Value
 Red Bank, NJMorristown, NJUnited States
 Less Than $20,0000.0%0.0%2.6%
 $20,000 to $39,9991.7%1.0%2.4%
 $40,000 to $59,9991.6%0.0%2.8%
 $60,000 to $79,9990.7%0.0%3.9%
 $80,000 to $99,9990.0%0.0%4.5%
 $100,000 to $149,9998.6%1.7%11.3%
 $150,000 to $199,9994.1%0.0%13.0%
 $200,000 to $299,99910.6%6.0%20.1%
 $300,000 to $399,99919.2%23.0%13.6%
 $400,000 to $499,99924.0%26.5%8.3%
 $500,000 to $749,99922.6%28.7%9.7%
 $750,000 to $999,9994.3%8.9%3.9%
 $1,000,000 to $1,499,9991.6%4.3%2.2%
 $1,500,000 to $1,999,9990.2%0.0%0.8%
 $2,000,000 and over0.9%0.0%1.1%
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 Housing Units By Year Built
 Red Bank, NJMorristown, NJUnited States
 2015 and Newer0.0%0.0%0.2%
 2010 to 20144.9%6.9%13.6%
 2000 to 20094.9%6.9%13.6%
 1990 to 19994.6%8.1%13.6%
 1980 to 19896.2%8.8%13.2%
 1970 to 197912.1%7.6%14.8%
 1960 to 19694.6%8.1%13.6%
 1950 to 195912.6%14.9%10.0%
 1940 to 19498.9%7.3%4.7%
 1939 or Earlier35.3%26.6%12.2%

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Reviews for Red Bank    3 Reviews

Not only can you great medical care at Riverview Hospital, you can also get a milliion dollar view of the Navesink River to brighten your mood and speed your recovery.   More

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Over 16 years ago

The Art Alliance of Monmouth County is based in Red Bank and promotes diverse visual art expressions of the 300 plus members. Count Basie Theater is scheduled to reopen  More

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Social and Cultural Hub for Central & South  More

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Reviews for Morristown    3 Reviews

Over 10 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 16 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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ZIPS IN RED BANK, NEW JERSEY
07701
ZIPS IN MORRISTOWN, NEW JERSEY
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