Morris County, NJ Real Estate & Property Data

Morris County Real Estate Market Trends
Last Updated: April 22, 2025

With up-to-date real estate data get detailed insight into Morris County, NJ sourced from the nation’s leading property data provider. The current median home price in Morris County, NJ is $640,000. Morris County real estate data shows that there have been a total of 6,155 residential properties sold over the past 12 months. ATTOM’s Morris County real estate data indicates that the county has 45 properties in foreclosure and 2 REOs (real estate bank owned) properties.

Morris County Real Estate Market Trends
Total Residential Properties 155,562
Total Commercial Properties 6,532
Avg. Home Age (Single Family Home) 58 Years
Avg. Square Feet (Single Family Home) 2,212
Total 2025 Residential Sales (year-to-date) 823
% of Homes Seriously Underwater (Q2 2025) 0.54%
Total 2024 Residential Sales 5,719
% of Equity Rich Homes (Q2 2025) 48.88%
Effective 2024 Property Tax 1.55%
Total Foreclosure Filings (year-to-date) 79
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Morris County, NJ Real Estate Overview

There were 6,155 residential properties sold in the past year in Morris County, NJ. The median home value in Morris County, NJ is $665,000. There are a total of 155,562 residential properties in the Morris.

Median Sales Price i
$640,000
(Feb 2025)
+1.6%
year-over-year
y-o-y
  • February '25 Feb '25 $640,000
  • January '25 Jan '25 $650,000
  • December '24 Dec '24 $688,500
  • November '24 Nov '24 $670,000
  • October '24 Oct '24 $643,250
  • September '24 Sep '24 $679,550
  • August '24 Aug '24 $710,000
  • July '24 Jul '24 $700,500
  • June '24 Jun '24 $725,000
  • May '24 May '24 $700,500
  • April '24 Apr '24 $617,500
  • March '24 Mar '24 $619,225
Median Down Payment i
$128,000
(Feb 2025)
-1.5%
year-over-year
y-o-y
  • February '25 Feb '25 $128,000
  • January '25 Jan '25 $140,741
  • December '24 Dec '24 $144,000
  • November '24 Nov '24 $134,400
  • October '24 Oct '24 $128,800
  • September '24 Sep '24 $143,000
  • August '24 Aug '24 $151,700
  • July '24 Jul '24 $161,250
  • June '24 Jun '24 $156,625
  • May '24 May '24 $146,000
  • April '24 Apr '24 $125,000
  • March '24 Mar '24 $124,713
Number of Homes Sold i
337
(Feb 2025)
+5%
year-over-year
y-o-y
  • February '25 Feb '25 337
  • January '25 Jan '25 486
  • December '24 Dec '24 495
  • November '24 Nov '24 447
  • October '24 Oct '24 584
  • September '24 Sep '24 555
  • August '24 Aug '24 637
  • July '24 Jul '24 612
  • June '24 Jun '24 500
  • May '24 May '24 459
  • April '24 Apr '24 395
  • March '24 Mar '24 327
Number of Purchase Loans i
270
(Feb 2025)
+9.8%
year-over-year
y-o-y
  • February '25 Feb '25 270
  • January '25 Jan '25 370
  • December '24 Dec '24 397
  • November '24 Nov '24 358
  • October '24 Oct '24 452
  • September '24 Sep '24 435
  • August '24 Aug '24 497
  • July '24 Jul '24 462
  • June '24 Jun '24 376
  • May '24 May '24 335
  • April '24 Apr '24 288
  • March '24 Mar '24 231
Number of REFI Loans i
212
(Feb 2025)
+12.2%
year-over-year
y-o-y
  • February '25 Feb '25 212
  • January '25 Jan '25 263
  • December '24 Dec '24 262
  • November '24 Nov '24 257
  • October '24 Oct '24 335
  • September '24 Sep '24 260
  • August '24 Aug '24 266
  • July '24 Jul '24 229
  • June '24 Jun '24 238
  • May '24 May '24 229
  • April '24 Apr '24 227
  • March '24 Mar '24 189
Number of HELOC Loans i
192
(Feb 2025)
+15.7%
year-over-year
y-o-y
  • February '25 Feb '25 192
  • January '25 Jan '25 213
  • December '24 Dec '24 229
  • November '24 Nov '24 199
  • October '24 Oct '24 252
  • September '24 Sep '24 228
  • August '24 Aug '24 243
  • July '24 Jul '24 220
  • June '24 Jun '24 220
  • May '24 May '24 226
  • April '24 Apr '24 223
  • March '24 Mar '24 160

Morris County, NJ Real Estate Market Overview

Last 30 days
  • City
    Median Est. Value
  • City
    Median Est. Value
  • City
    Median Est. Value

Morris County, NJ Foreclosure Activity

There were a total of 45 Morris County, NJ properties with a foreclosure filing in February 2025. Lenders started the foreclosure process on 35 Morris County, NJ properties and repossessed 2 Morris County, NJ properties through completed foreclosures (REOs) in February 2025.

Total Foreclosure Filings i
45
(Feb 2025)
-4.3%
year-over-year
y-o-y
  • February '25 Feb '25 45
  • January '25 Jan '25 34
  • December '24 Dec '24 37
  • November '24 Nov '24 38
  • October '24 Oct '24 40
  • September '24 Sep '24 42
  • August '24 Aug '24 40
  • July '24 Jul '24 42
  • June '24 Jun '24 46
  • May '24 May '24 89
  • April '24 Apr '24 39
  • March '24 Mar '24 58
Foreclosure Starts i
35
(Feb 2025)
+20.7%
year-over-year
y-o-y
  • February '25 Feb '25 35
  • January '25 Jan '25 19
  • December '24 Dec '24 16
  • November '24 Nov '24 31
  • October '24 Oct '24 22
  • September '24 Sep '24 21
  • August '24 Aug '24 26
  • July '24 Jul '24 24
  • June '24 Jun '24 28
  • May '24 May '24 61
  • April '24 Apr '24 19
  • March '24 Mar '24 39
Completed Foreclosures (REOs) i
2
(Feb 2025)
+100%
year-over-year
y-o-y
  • February '25 Feb '25 2
  • January '25 Jan '25 2
  • December '24 Dec '24 2
  • November '24 Nov '24 1
  • October '24 Oct '24 1
  • September '24 Sep '24 N/A
  • August '24 Aug '24 2
  • July '24 Jul '24 4
  • June '24 Jun '24 3
  • May '24 May '24 1
  • April '24 Apr '24 1
  • March '24 Mar '24 4
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