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market report · 07960
Morris Twp, NJ · 07960
38 active listings$932,450 median ask$4,713 est. rent0.5% price/rent
$932,450
Median list price
$4,713/mo
Estimated rent
0.5%
Price / rent ratio
38
Listings
FHFA home price index · 2016–2025
65.7% cumulative change over the window. Source: FHFA ZIP-level HPI.
$2.04
Median rent / sqft
10 comps
$391.47
Median sold / sqft
10 comps
—
Walkability
3.5%
Area unemployment
BLS LAUS
Median household income $160,334 · median home value $735,600 · ACS 2024.
Natural-hazard risk Relatively High (FEMA NRI score 93).
2 schools within ~4 km of the ZIP centroid.
top deals · highest rent-to-price
114 Sussex Ave, Morristown, NJ 07960
Morristown, NJ
$799,990$6,800/mo0.9%
2 Cottage Pl, Morristown, NJ 07960
Morristown, NJ
$350,000$2,860/mo0.8%
47 Ridgedale Ave, Morristown, NJ 07960
Morristown, NJ
$299,000$2,269/mo0.8%
46 Lidgerwood Pkwy, Morristown, NJ 07960
Morristown, NJ
$699,000$5,187/mo0.7%
72 Washington Valley Rd, Morris Twp, NJ 07960
Morris Twp, NJ
$725,000$5,340/mo0.7%
426 Mount Kemble Ave, Morris Twp, NJ 07960
Morris Twp, NJ
$549,000$3,849/mo0.7%