Property prices for rent in Morristown (New Jersey)
The rent prices in real estate in Morristown, in the New Jersey region have barely changed in the last couple of months. There have hardly been any changes in the rent prices in this city.
The price per sq.feet in Morristown has barely changed in the last 6 months. In October, the average price per sq.feet was $3.85. In November this price barely changed remaining at $3.83 per sq.feet. The price for the following two months in (December, January) fell 95 % with regard to the previous two months. The price per sq.feet has hardly changed in the last two months compared to the average price of the previous four months going from an average price of $3.74 to $3.71 during February y March
When referring to the price in Morristown (cities), there have hardly been any changes in the last 6 months. In our first sample month during October, the average price is $3,143. In November This price remains at $3,166. In the following two months the average price has hardly changed with regard to the previous two months from $3,154.5 to $3,168.5. During the last two months, the average price has barely gone through any changes with regard to the previous average values going from an average value of $3,161.5 and $3,203 between February and March.
The graph displaying the average rent price for bedrooms illustrates that those properties with 1 bedroom are the most affordable ones. At a price of $3,308 they are 17 % more affordable than the average price for Morristown . The properties with the highest average price have 4 bedrooms, Their price is 54 % more expensive than the average. After that we have properties with 3 bedrooms priced at $3,634.
With regard to the average price per sq.feet, those properties with 3 bedrooms are the most affordable ones at a cost of $3.72 / sq.feet, with an average $3.92 / sq.feet price in Morristown. The properties with the most expensive average prices have 1 bedroom. They are 8 % more expensive than the average followed by properties with 4 bedrooms with a price at $3.94 / sq.feet.
The graph displaying the average rent prices displays the property type "" as the most affordable one. At an cost of $3,308 it is 66 % more affordable than the average price in Morristown. "Condo" is seen as the second most affordable property type. The most expensive property type is "House" followed by "Condo". At a price of $3,066 it is 3 % more expensive than the average price.
According to the average cost per sq.feet, the most affordable property is "Condo" at an average price of $3.73 / sq.feet followed by "House" priced at $3.9 / sq.feet. "House" is the most affordable type of property with a $3.9 / sq.feet value followed by "Condo" with an average price of $3.73 / sq.feet.
