Morris County, NJ Real Estate & Property Data

Morris County Real Estate Market Trends
Last Updated: September 20, 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 $740,000. Morris County real estate data shows that there have been a total of 6,364 residential properties sold over the past 12 months. ATTOM’s Morris County real estate data indicates that the county has 37 properties in foreclosure and 2 REOs (real estate bank owned) properties.

Morris County Real Estate Market Trends
Total Residential Properties 155,300
Total Commercial Properties 6,529
Avg. Home Age (Single Family Home) 58 Years
Avg. Square Feet (Single Family Home) 2,212
Total 2025 Residential Sales (year-to-date) 3,069
% of Homes Seriously Underwater (Q3 2025) 0.54%
Total 2024 Residential Sales 5,656
% of Equity Rich Homes (Q3 2025) 50.37%
Effective 2024 Property Tax 1.46%
Total Foreclosure Filings (year-to-date) 270
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Morris County, NJ Real Estate Overview

There were 6,364 residential properties sold in the past year in Morris County, NJ. The median home value in Morris County, NJ is $699,500. There are a total of 155,300 residential properties in the Morris.

Median Sales Price i
$740,000
(Jul 2025)
+5.7%
year-over-year
y-o-y
  • July '25 Jul '25 $740,000
  • June '25 Jun '25 $744,500
  • May '25 May '25 $700,000
  • April '25 Apr '25 $675,500
  • March '25 Mar '25 $659,000
  • February '25 Feb '25 $640,000
  • January '25 Jan '25 $650,000
  • December '24 Dec '24 $689,250
  • November '24 Nov '24 $667,500
  • October '24 Oct '24 $643,250
  • September '24 Sep '24 $680,000
  • August '24 Aug '24 $710,000
Median Down Payment i
$163,750
(Jul 2025)
+2.4%
year-over-year
y-o-y
  • July '25 Jul '25 $163,750
  • June '25 Jun '25 $161,250
  • May '25 May '25 $157,600
  • April '25 Apr '25 $141,600
  • March '25 Mar '25 $144,100
  • February '25 Feb '25 $128,000
  • January '25 Jan '25 $139,741
  • December '24 Dec '24 $144,000
  • November '24 Nov '24 $135,000
  • October '24 Oct '24 $130,000
  • September '24 Sep '24 $143,000
  • August '24 Aug '24 $151,200
Number of Homes Sold i
500
(Jul 2025)
-17.4%
year-over-year
y-o-y
  • July '25 Jul '25 500
  • June '25 Jun '25 534
  • May '25 May '25 452
  • April '25 Apr '25 377
  • March '25 Mar '25 389
  • February '25 Feb '25 335
  • January '25 Jan '25 482
  • December '24 Dec '24 490
  • November '24 Nov '24 442
  • October '24 Oct '24 579
  • September '24 Sep '24 548
  • August '24 Aug '24 631
Number of Purchase Loans i
411
(Jul 2025)
-11%
year-over-year
y-o-y
  • July '25 Jul '25 411
  • June '25 Jun '25 435
  • May '25 May '25 355
  • April '25 Apr '25 295
  • March '25 Mar '25 280
  • February '25 Feb '25 270
  • January '25 Jan '25 370
  • December '24 Dec '24 397
  • November '24 Nov '24 359
  • October '24 Oct '24 452
  • September '24 Sep '24 435
  • August '24 Aug '24 497
Number of REFI Loans i
271
(Jul 2025)
+18.3%
year-over-year
y-o-y
  • July '25 Jul '25 271
  • June '25 Jun '25 259
  • May '25 May '25 264
  • April '25 Apr '25 301
  • March '25 Mar '25 257
  • February '25 Feb '25 211
  • January '25 Jan '25 263
  • December '24 Dec '24 262
  • November '24 Nov '24 255
  • October '24 Oct '24 335
  • September '24 Sep '24 261
  • August '24 Aug '24 266
Number of HELOC Loans i
314
(Jul 2025)
+42.7%
year-over-year
y-o-y
  • July '25 Jul '25 314
  • June '25 Jun '25 275
  • May '25 May '25 263
  • April '25 Apr '25 232
  • March '25 Mar '25 204
  • February '25 Feb '25 192
  • January '25 Jan '25 213
  • December '24 Dec '24 229
  • November '24 Nov '24 200
  • October '24 Oct '24 252
  • September '24 Sep '24 228
  • August '24 Aug '24 243

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 37 Morris County, NJ properties with a foreclosure filing in July 2025. Lenders started the foreclosure process on 12 Morris County, NJ properties and repossessed 2 Morris County, NJ properties through completed foreclosures (REOs) in July 2025.

Total Foreclosure Filings i
37
(Jul 2025)
-11.9%
year-over-year
y-o-y
  • July '25 Jul '25 37
  • June '25 Jun '25 40
  • May '25 May '25 36
  • April '25 Apr '25 37
  • March '25 Mar '25 41
  • 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
Foreclosure Starts i
12
(Jul 2025)
-50%
year-over-year
y-o-y
  • July '25 Jul '25 12
  • June '25 Jun '25 22
  • May '25 May '25 23
  • April '25 Apr '25 20
  • March '25 Mar '25 27
  • 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
Completed Foreclosures (REOs) i
2
(Jul 2025)
-50%
year-over-year
y-o-y
  • July '25 Jul '25 2
  • June '25 Jun '25 4
  • May '25 May '25 3
  • April '25 Apr '25 6
  • March '25 Mar '25 1
  • 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
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