Morristown NJ Homes for Sale

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Morristown Real Estate

The median home value in Morristown, NJ is $727,500. This is higher than the county median home value of $427,800. The national median home value is $219,700. The average price of homes sold in Morristown, NJ is $727,500. Approximately 33.47% of Morristown homes are owned, compared to 56.36% rented, while 10.17% are vacant. Morristown real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Morristown real estate agent to arrange a tour today!

Morristown, New Jersey has a population of 18,833. Morristown is less family-centric than the surrounding county with 28.84% of the households containing married families with children. The county average for households married with children is 38.31%.

The median household income in Morristown, New Jersey is $92,296. The median household income for the surrounding county is $107,034 compared to the national median of $57,652. The median age of people living in Morristown is 35.1 years.

Morristown Weather

The average high temperature in July is 83.6 degrees, with an average low temperature in January of 18.8 degrees. The average rainfall is approximately 49.8 inches per year, with 28.4 inches of snow per year.

Morristown Real Estate Market Conditions

  • Median sales price

    $727,500
    4.89% change since last quarter
  • # Active listings

    76
    30-day change

Morristown Schools and Demographics

Education near Morristown, NJ

Metric City County
High School Graduates 86.89 93.97
College Degree - 2 year 2.96 6.43
College Degree - 4 year 51.09 52.59
Graduate Degree 15.55 16.01
Expenditures per Student 20,026 19,269
Students per Teacher 12.2 12.3

Elementary Schools near Morristown, NJ

School Grades Students P/T Ratio ZIP
Alexander Hamilton 03 - 05 271 9 07960
Harding Township School PK - 08 306 9.1 07976
Hillcrest School KG - 02 318 12.7 07960
Lafayette Lerning Center PK - PK 176 18.5 07960
Mendham Township Elementary School PK - 04 332 9.5 07926
Normandy Park School KG - 05 368 11.5 07960
Sussex Avenue School 03 - 05 323 12.4 07960
Thomas Jefferson School 03 - 05 317 10.4 07960
Unity Charter School KG - 08 202 9.7 07960
Woodland School KG - 02 305 11.1 07961

Middle Schools near Morristown, NJ

School Grades Students P/T Ratio ZIP
Frelinghuysen Middle School 06 - 08 1,144 12.5 07960
Mendham Township Middle School 05 - 08 375 10.2 07926

High Schools near Morristown, NJ

School Grades Students P/T Ratio ZIP
Morristown High School 09 - 12 1,678 13.5 07960

Ungraded Schools near Morristown, NJ

School Grades Students P/T Ratio ZIP
* Morris County Youth Center 09 - 12 16 07963
* Morris Transitional Education Center 09 - 12 14 07960
Regional Day School UG - UG 28 2.8 07960

Demographics near Morristown, NJ

Metric City County
Neighborhood Type Suburban
Population 18,833 498,847
Population Density 6,474 1,083
Median Age 35.1 42.3
People per Household 2.3 2.7
Median Household Income 92,296 107,034
Average Income per Capita 52,736 53,491