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Morris Plains, NJ
Full City Profile · New Jersey · Morris County County
3.8
/5.0
B+
Good
6,214
Population
2,437/sq mi density
$149,623
Median Income
$75,940 per capita
$609,700
Home Value
$709,926 Zillow
$2,686
Median Rent
26.0% income on rent
52°F
Avg Temperature
275 sunny days/yr
34
Violent Crime/100K
1,196 property/100K
B+
Overall
3.8 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
4.8 / 5.0
$149,623 median income, 3.3% unemployment
A
Affordability
4.4 / 5.0
$609,700 home value, $2,686/mo rent
F
Safety
1.0 / 5.0
34 violent crimes/100K
A+
Education
5.0 / 5.0
68.8% bachelor's degree or higher
Housing Overview
Median Home Value
$609,700
116% above
US avg: $281,900
Median Rent
$2,686/mo
131% above
US avg: $1,163/mo
Homeownership Rate
74.7%
14% above US avg (65.4%)
Total Housing Units
2,575
Median year built: 1964
Home Value by Source
Census Median
$609,700
Zillow (ZHVI)
$709,926
Median Sale Price
$915,000
Median List Price
$477,500
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
74.7%
Owner-Occupied
25.3%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$1,599/mo
1 Bedroom
$1,759/mo
2 Bedroom
$2,132/mo
3 Bedroom
$2,658/mo
4 Bedroom
$3,005/mo
Census median rent:
$2,686/mo
· Zillow rent:
$3,525/mo
Market Indicators (Redfin)
Median Days on Market
35 days
Sale-to-List Ratio
1.1%
Buyers market
Homes Sold
3
Price Drops
0.0%
of listings with price reduction
Price Per Sq Ft
$390
Active Inventory
4
homes for sale
Affordability & Housing Stock
Rent Burden
26.0%
of renters spending 30%+ of income on housing
16% below US avg (31.0%)
Median Year Built
1964
Average age of housing stock: 62 years
Homeownership Rate
74.7%
Complete Housing Data
Home Values
| Census Median Value | $609,700 |
| Zillow Home Value (ZHVI) | $709,926 |
| Median Sale Price | $915,000 |
| Median List Price | $477,500 |
| Price Per Sq Ft | $390 |
Rent
| Census Median Rent | $2,686 |
| Zillow Rent (ZORI) | $3,525 |
| FMR Studio | $1,599 |
| FMR 1-Bedroom | $1,759 |
| FMR 2-Bedroom | $2,132 |
| FMR 3-Bedroom | $2,658 |
| FMR 4-Bedroom | $3,005 |
Market
| Days on Market | 35 |
| Sale-to-List Ratio | 1.1% |
| Price Drops | 0.0% |
| Homes Sold | 3 |
| Active Inventory | 4 |
| Price Per Sq Ft | $390 |
Ownership & Stock
| Owner-Occupied | 74.7% |
| Renter-Occupied | 25.3% |
| Homeownership Rate | 74.7% |
| Total Housing Units | 2,575 |
| Median Year Built | 1964 |
| Rent Burden | 26.0% |