Morristown, NJ Housing
As of 2010-2014, median price of a house in Morristown is $398,900, which is higher than the state average of $319,900 and is much higher than the national average of $175,700. The Morristown median house value has grown by 77.76% since 2000. The growth rate for the price of a house in Morristown is lower than the state average rate of 87.30% and is higher than the national average rate of 46.91%. The median year that a house in Morristown was built is 1958, which is older than the median year for a house built in the state which is 1966 and is older than the median year for a house built in the USA which is 1976.
House Value
Median Value of a Total of 3,079 Owner Occupied Houses in Morristown, NJ, #141Morristown, NJ | 398,900 USD |
New Jersey | 319,900 USD |
U.S. | 175,700 USD |
Morristown, NJ | 77.76% |
New Jersey | 87.30% |
U.S. | 46.91% |
*Based on 2010-2014 data. View historical house value data.
Housing Occupancy
Morristown, NJ | New Jersey | U.S. | |
Total Housing Units | 8,727, see rank, 100% | 3,572,138 | 132,741,033 |
Occupied Housing Units | 7,841, 89.85%, see rank | 89.26% | 87.55% |
Owner Occupied | 3,079, 35.28%, see rank | 58.06% | 56.34% |
Renter Occupied | 4,762, 54.57%, see rank | 31.20% | 31.21% |
Vacant Housing Units | 886, 10.15%, see rank | 10.74% | 12.45% |
For Rent | 322, 3.69%, see rank | 2.18% | 2.34% |
For Sale Only | 60, 0.69%, see rank | 1.02% | 1.20% |
Rented or Sold, Not Occupied | 74, 0.85%, see rank | 0.70% | 0.92% |
For Seasonal, Recreational, or Occasional Use | 203, 2.33%, see rank | 3.72% | 3.97% |
For Migrant Workers | 0, 0.00%, see rank | 0.01% | 0.03% |
Other Vacant | 227, 2.60%, see rank | 3.11% | 4.00% |
*Based on 2010-2014 data. View historical housing occupancy data.
Year Structure Built
Median Built Year, #317Morristown, NJ | New Jersey | U.S. |
1958 | 1966 | 1976 |
*Based on 2010-2014 data. View historical year structure built data.
Mortgage Status
Morristown, NJ | % | New Jersey | U.S. | |
Owner-Occupied Units | 3,079 | 100% | 2,073,915 | 74,787,460 |
With a Mortgage | 2,317 | 75.25%, see rank | 69.83% | 65.58% |
Without a Mortgage | 762 | 24.75%, see rank | 30.17% | 34.42% |
*Based on 2010-2014 data. View historical mortgage status data.
Monthly Owner Costs for Housing Units with a Mortgage
Median Owner Costs, see rank
Morristown, NJ | 2,670 USD |
New Jersey | 2,428 USD |
U.S. | 1,522 USD |
Owner Costs Distribution
Monthly Owner Costs | Morristown, NJ | % | New Jersey | U.S. |
$299 or Less | 0 | 0.00%, see rank | 0.04% | 0.20% |
$300 to $499 | 0 | 0.00%, see rank | 0.35% | 1.59% |
$500 to $699 | 0 | 0.00%, see rank | 0.83% | 5.01% |
$700 to $999 | 70 | 3.02%, see rank | 2.80% | 14.32% |
$1,000 to $1,499 | 141 | 6.09%, see rank | 11.13% | 27.90% |
$1,500 to $1,999 | 335 | 14.46%, see rank | 17.94% | 20.35% |
$2,000 to $2,999 | 949 | 40.96%, see rank | 36.29% | 19.52% |
$3,000 or More | 822 | 35.48%, see rank | 30.63% | 11.12% |
Owner Cost as a Percentage of the Total Income, Median Percentage, see rank
Morristown, NJ | 27.50% of the Total Income |
New Jersey | 27.50% of the Total Income |
U.S. | 23.70% of the Total Income |
Owner Cost as a Percentage of the Total Income, Distribution
Morristown, NJ | % | New Jersey | U.S. | |
10% or Less | 116 | 5.01%, see rank | 3.98% | 5.86% |
10% to 20% | 550 | 23.74%, see rank | 23.73% | 31.95% |
20% to 30% | 659 | 28.44%, see rank | 28.42% | 27.64% |
30% to 40% | 412 | 17.78%, see rank | 16.62% | 13.74% |
40% or More | 580 | 25.03%, see rank | 26.85% | 20.29% |
*Based on 2010-2014 data. View historical monthly owner costs for housing units with a mortgage data.
Monthly Owner Costs for Housing Units without a Mortgage
Median Owner Costs, see rank
Morristown, NJ | 1,001 USD |
New Jersey | 972 USD |
U.S. | 457 USD |
Owner Costs Distribution
Monthly Owner Costs | Morristown, NJ | % | New Jersey | U.S. |
$199 or Less | 0 | 0.00%, see rank | 1.19% | 7.76% |
$200 to $299 | 0 | 0.00%, see rank | 1.66% | 14.70% |
$300 to $499 | 79 | 10.37%, see rank | 6.42% | 34.63% |
$500 to $699 | 10 | 1.31%, see rank | 13.17% | 21.16% |
$700 or More | 673 | 88.32%, see rank | 77.56% | 21.75% |
Owner Cost as a Percentage of the Total Income, Median Percentage, see rank
Morristown, NJ | 19.70% of the Total Income |
New Jersey | 18.40% of the Total Income |
U.S. | 12.30% of the Total Income |
Owner Cost as a Percentage of the Total Income, Distribution
Morristown, NJ | % | New Jersey | U.S. | |
10% or Less | 106 | 13.91%, see rank | 21.71% | 40.19% |
10% to 20% | 285 | 37.40%, see rank | 32.37% | 31.47% |
20% to 30% | 94 | 12.34%, see rank | 16.94% | 12.24% |
30% to 40% | 82 | 10.76%, see rank | 9.46% | 5.64% |
40% or More | 195 | 25.59%, see rank | 18.56% | 9.16% |
*Based on 2010-2014 data. View historical monthly owner costs for housing units without a mortgage data.
Units in Structure
Morristown, NJ | New Jersey | U.S. | |
Total Housing Units | 8,727, 100% | 3,572,138 | 132,741,033 |
1-unit, Detached | 2,184, 25.03%, see rank | 53.67% | 61.65% |
1-unit, Attached | 722, 8.27%, see rank | 9.26% | 5.82% |
2 Units | 1,076, 12.33%, see rank | 9.53% | 3.75% |
3 or 4 Units | 1,016, 11.64%, see rank | 6.43% | 4.43% |
5 to 9 Units | 420, 4.81%, see rank | 4.80% | 4.78% |
10 or More Units | 3,309, 37.92%, see rank | 15.34% | 13.08% |
Mobile Home, Boat, RV, Van, etc. | 0, 0.00%, see rank | 0.98% | 6.49% |
*Based on 2010-2014 data. View historical units in structure data.
Rooms
Morristown, NJ | New Jersey | U.S. | |
Total Housing Units | 8,727, 100% | 3,572,138 | 132,741,033 |
1 Room | 258, 2.96%, see rank | 2.71% | 1.95% |
2 Rooms | 747, 8.56%, see rank | 2.15% | 2.48% |
3 Rooms | 1,724, 19.75%, see rank | 10.30% | 9.13% |
4 Rooms | 1,943, 22.26%, see rank | 15.19% | 16.60% |
5 Rooms | 1,268, 14.53%, see rank | 16.72% | 20.41% |
6 Rooms | 1,102, 12.63%, see rank | 16.15% | 18.06% |
7 Rooms | 685, 7.85%, see rank | 12.48% | 12.27% |
8 Rooms | 557, 6.38%, see rank | 10.49% | 8.48% |
9 Rooms or More | 443, 5.08%, see rank | 13.81% | 10.60% |
Median Rooms | 4.30, see rank | 5.70 | 5.50 |
*Based on 2010-2014 data. View historical rooms data.
Bedrooms
Morristown, NJ | New Jersey | U.S. | |
Total Housing Units | 8,727, 100% | 3,572,138 | 132,741,033 |
No Bedroom | 313, 3.59%, see rank | 2.88% | 2.17% |
1 Bedroom | 2,450, 28.07%, see rank | 14.18% | 11.16% |
2 Bedrooms | 3,030, 34.72%, see rank | 25.93% | 26.69% |
3 Bedrooms | 1,840, 21.08%, see rank | 32.62% | 39.70% |
4 Bedrooms | 867, 9.93%, see rank | 18.83% | 16.05% |
5 or More Bedrooms | 227, 2.60%, see rank | 5.56% | 4.22% |
*Based on 2010-2014 data. View historical bedrooms data.
House Heating Fuel
Morristown, NJ | New Jersey | U.S. | |
Total Housing Units | 7,841, 100% | 3,188,498 | 116,211,092 |
Utility Gas | 5,718, 72.92%, see rank | 74.16% | 48.85% |
Bottled, Tank, or LP Gas | 80, 1.02%, see rank | 1.94% | 4.86% |
Electricity | 1,527, 19.47%, see rank | 11.66% | 36.68% |
Fuel Oil, Kerosene, etc. | 451, 5.75%, see rank | 11.10% | 5.86% |
Coal or Coke | 0, 0.00%, see rank | 0.03% | 0.12% |
Wood | 0, 0.00%, see rank | 0.44% | 2.12% |
Solar Energy | 0, 0.00%, see rank | 0.03% | 0.05% |
Other Fuel | 24, 0.31%, see rank | 0.32% | 0.47% |
No Fuel Used | 41, 0.52%, see rank | 0.32% | 1.00% |
*Based on 2010-2014 data. View historical house heating fuel data.
Gross Rent
Monthly Rental | Morristown, NJ | New Jersey | U.S. |
Occupied Units Paying Rent | 4,685, 100% | 1,077,463 | 39,201,928 |
$199 or Less | 0, 0.00%, see rank | 1.46% | 1.50% |
$200 to $299 | 55, 1.17%, see rank | 3.04% | 3.18% |
$300 to $499 | 212, 4.53%, see rank | 3.86% | 7.37% |
$500 to $699 | 112, 2.39%, see rank | 4.64% | 16.01% |
$700 to $999 | 337, 7.19%, see rank | 19.19% | 29.17% |
$1,000 to $1,499 | 1,661, 35.45%, see rank | 40.89% | 26.88% |
$1,500 to $1,999 | 1,276, 27.24%, see rank | 17.11% | 9.79% |
$2,000 or More | 1,032, 22.03%, see rank | 9.81% | 6.10% |
Median | $1,489, see rank | $1,188 | $920 |
*Based on 2010-2014 data. View historical gross rent data.
Vehicle Available
Morristown, NJ | New Jersey | U.S. | |
Occupied Housing Units | 7,841, 100% | 3,188,498 | 116,211,092 |
No Vehicles Available | 1,174, 14.97%, see rank | 11.70% | 9.12% |
1 Vehicles Available | 3,588, 45.76%, see rank | 34.71% | 33.80% |
2 Vehicles Available | 2,424, 30.91%, see rank | 36.16% | 37.48% |
3 or More Vehicles Available | 655, 8.35%, see rank | 17.43% | 19.61% |
*Based on 2010-2014 data. View historical vehicle available data.