Morris County, NJ Housing

The median value of housing in Morris, NJ County is $546,600, which is significantly higher than the US House Median Value of $338,100. Additionally, the one-year house appreciation for Morris County is 10.08%, which is higher than the national average of 8.27%. This information suggests that Morris County has a strong and vibrant housing market. The area offers potential homeowners attractive prices and promising returns on their investments. Overall, Morris County provides a desirable place to live with its promising housing market and strong appreciation rates.

The median home cost in Morris County is $546,600. Home appreciation the last 10 years has been 53.7%. Home Appreciation in Morris County is up 13.3%.

Average Age of Homes

- The median age of Morris County real estate is 47 years old

The Rental Market in Morris County

- Renters make up 23.1% of the Morris County population
- 1.1% of houses and apartments in Morris County, are available to rent

DID YOU KNOW

Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Morris, New Jersey	United States
	196,559.0	139,647,020.0
	51	42
	$546,600	$338,100
	13.3%	16.6%
	39.2%	57.0%
	53.7%	101.1%
	$22.02	$10.98
	$10,001	$2,690
	70.4%	57.4%
	4.6%	11.2%
	25.0%	31.4%
Vacant Housing
	1.1%	1.9%
	0.1%	0.4%
	0.8%	0.7%
	0.4%	0.4%
	0.8%	3.6%
	1.4%	4.1%
Value of Owner-Occupied Housing
	0.4%	2.6%
	0.3%	2.4%
	0.5%	2.8%
	0.4%	3.9%
	0.3%	4.5%
	0.8%	11.3%
	2.0%	13.0%
	10.6%	20.1%
	20.7%	13.6%
	18.8%	8.3%
	28.9%	9.7%
	10.2%	3.9%
	3.9%	2.2%
	1.3%	0.8%
	0.9%	1.1%
Housing Units by Year Structure Built
	0.1%	0.2%
	7.3%	13.6%
	7.3%	13.6%
	11.7%	13.6%
	13.0%	13.2%
	14.0%	14.8%
	11.7%	13.6%
	14.8%	10.0%
	6.4%	4.7%
	12.5%	12.2%

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