Property prices for sale in Morris Plains (New Jersey)

The prices in real estate in Morris Plains, in the New Jersey region have had a minor rise in the last couple of months. The real estate prices for second hand homes have risen in this city.

$708,530.17
Average price last 6 months
$306
Price/sq.feet last 6 months
Average price per sq.feet

The price per sq.feet in Morris Plains has increased during the last 6 months. In January, the average price per sq.feet was $291. In February this price pretty much remained the same at a value of $296 per sq.feet. In the following two months the price per sq.feet has barely changed, going from $293.5 to $304 per sq.feet. The price per sq.feet has increased 107 % in the last two months compared to the average price for the previous four months. This was obtained by comparing the first four months of the period going from a price per sq.feet of $298.75 to $320.5 during May, and June.

Average price

Based upon to the price in Morris Plains (cities), these have remained the same in the last 6 months. In our first sample month during January, the average price is $700,048. In February This price remains at $678,716. In the following two months the average price has remained the same with regard to the previous two months from $689,382 to $716,429.5. During the last two months, the average price has pretty much remained the same with regard to the previous average values going from an average value of $702,905.75 and $719,779 between May and June.

Average price per bedrooms

The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $718,519 they are 61 % more affordable than the average price for Morris Plains. The properties with the highest average price have 3 bedrooms, Their price is 7 % more costly than the average. After that we have properties with 4 bedrooms priced at $624,467.

With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $265 / sq.feet, with an average $332 / sq.feet price in Morris Plains. The properties with the highest average prices have 2 bedrooms. They are 14 % more expensive than the average followed by properties with 3 bedrooms with a price at $329 / sq.feet.

Price per property type

The graph displaying the average prices displays the property type "Duplex" as the most affordable one. At an cost of $718,519 it is 28 % cheaper than the average price in Morris Plains. "Commercial" is seen as the second most affordable property type. The dearest property type is "House" followed by "Condo". At a price of $696,143 it is 4 % more expensive than the average price.

According to the average cost per sq.feet, the cheapest property type is "Condo" at an average cost of $320 / sq.feet followed by "House" priced at $334 / sq.feet. "Commercial" is the most costly type of property with a $10,758 / sq.feet cost followed by "Duplex" with an average price of $10,692 / sq.feet.

Charts data
Average price June
Average price per sq.feet June
Number of properties used in Morris Plains
Number of properties used in region New Jersey
$718,519
$332
622
253,594
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value
1 Bedroom 1 Bath In Parsippany Troy Hills Township New Jersey 07950
 1
1 Bedroom 1 Bath In Parsippany Troy Hills Township New Jersey 07950
$1,550
Morris Plains, New Jersey - For Rent - Apartment - 1 bedroom - 1 bathroom
Rdl50791933 - updated and bright 2nd floor end unit with amazing views offers remodeled bath and kitchen with granite counters, new wall unit ac in living room...
1 Bedroom Condos & Townhouses For Rent Parsippany Troy Hills Township New Jersey
 1
1 Bedroom Condos & Townhouses For Rent Parsippany Troy Hills Township New Jersey
$1,550
Morris Plains, New Jersey - For Rent - Apartment - 1 bedroom - 1 bathroom
Rdl50791933 - this home is located in parsippany troy hills township new jersey 07950. It has 1 bedroom, 1 bathroom. This 1 bedroom condos & townhouses for...
1 Bedroom In Parsippany Troy Hills Township New Jersey 07950
 1
1 Bedroom In Parsippany Troy Hills Township New Jersey 07950
$1,550
Morris Plains, New Jersey - For Rent - Apartment - 1 bedroom - 1 bathroom
Ole50791933 - updated and bright 2nd floor end unit with amazing views offers remodeled bath and kitchen with granite counters, new wall unit ac in living room...
1 Bedroom Condos & Townhouses For Rent Parsippany Troy Hills Township New Jersey
 1
1 Bedroom Condos & Townhouses For Rent Parsippany Troy Hills Township New Jersey
$1,600
Morris Plains, New Jersey - For Rent - Apartment - 1 bedroom - 1 bathroom
Ole50327536 - this home is located in parsippany troy hills township new jersey 07950. It has 1 bedroom, 1 bathroom. This 1 bedroom condos & townhouses for...
1 Bedroom Condos & Townhouses For Rent Parsippany Troy Hills Township New Jersey
 1
1 Bedroom Condos & Townhouses For Rent Parsippany Troy Hills Township New Jersey
$1,600
Morris Plains, New Jersey - For Rent - Apartment - 1 bedroom - 1 bathroom
Ole50327866 - this home is located in parsippany troy hills township new jersey 07950. It has 1 bedroom, 1 bathroom. This 1 bedroom condos & townhouses for...