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.

$573,893.67
Average price last 6 months
$253.17
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 December, the average price per sq.feet was $236. In January this price pretty much remained the same at a value of $240 per sq.feet. In the following two months the price per sq.feet has barely changed, going from $238 to $249 per sq.feet. The price per sq.feet has increased 112 % 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 $243.5 to $272.5 during April, and May.

Average price

Based upon to the price in Morris Plains (cities), this has gone up considerably in the last 6 months. The price in December is $461,100, rising in January till $486,016. During the following two months (February, March) the average price had a considerable increase of 125 % with regard to the previous two months. Based on an analysis of the first four prices and the last two months the average price has risen strongly 123 % during the last two months.

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 $657,852 they are 71 % more affordable than the average price for Morris Plains. The properties with the lowest average price have 4 bedrooms, Their price is 6 % cheaper than the average. After that we have properties with 3 bedrooms priced at $518,081.

With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $218 / sq.feet, with an average $282 / sq.feet price in Morris Plains. The properties with the highest average prices have 2 bedrooms. They are 5 % more expensive than the average followed by properties with 3 bedrooms with a price at $284 / sq.feet.

Price per property type

The graph displaying the average prices displays the property type "Townhouse" as the most affordable one. At an cost of $657,852 it is 59 % cheaper than the average price in Morris Plains. "Condo" is seen as the second most affordable property type. The cheapest type property is "Commercial" followed by "Duplex". At a price of $521,751 it is 20 % more affordable than the average price.

According to the average cost per sq.feet, the cheapest property type is "Townhouse" at an average cost of $254 / sq.feet followed by "Duplex" priced at $10,835 / sq.feet. "House" is the most costly type of property with a $154,738 / sq.feet cost followed by "Condo" with an average price of $12,559 / sq.feet.

Charts data
Average price May
Average price per sq.feet May
Number of properties used in Morris Plains
Number of properties used in region New Jersey
$657,852
$282
300
323,490
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value
Brand New Home In Morris Plains, Nj. 3 Bed, 2 Bath
 9
Brand New Home In Morris Plains, Nj. 3 Bed, 2 Bath
$784,540
Morris Plains, New Jersey - For Sale - House - 2,654 sq.feet - 3 bedrooms - 3 bathrooms
This new construction, quick delivery home is the birch plan by lennar, and is located in the community of the venue at the american - townes at 55 whitney ave, morris plains, nj...
Brand New Home In Morris Plains, Nj. 3 Bed, 2 Bath
 9
Brand New Home In Morris Plains, Nj. 3 Bed, 2 Bath
$839,540
Morris Plains, New Jersey - For Sale - House - 2,635 sq.feet - 3 bedrooms - 3 bathrooms
This new construction, quick delivery home is the willow plan by lennar, and is located in the community of the venue at the american - townes at 49 whitney ave, morris plains, nj...
Brand New Home In Morris Plains, Nj. 3 Bed, 2 Bath
 9
Brand New Home In Morris Plains, Nj. 3 Bed, 2 Bath
$775,540
Morris Plains, New Jersey - For Sale - House - 2,875 sq.feet - 3 bedrooms - 3 bathrooms
This new construction, quick delivery home is the maple plan by lennar, and is located in the community of the venue at the american - townes at 53 whitney ave, morris plains, nj...
3 Bed, 2 Bath New Home Plan In Morris Plains, Nj
 8
3 Bed, 2 Bath New Home Plan In Morris Plains, Nj
$759,990
Morris Plains, New Jersey - For Sale - House - 2,654 sq.feet - 3 bedrooms - 3 bathrooms
This to-be-built home is the birch plan by lennar, and is located in the community of the venue at the american - townes. This plan home is priced from...
3 Bed, 2 Bath New Home Plan In Morris Plains, Nj
 8
3 Bed, 2 Bath New Home Plan In Morris Plains, Nj
$799,990
Morris Plains, New Jersey - For Sale - House - 2,635 sq.feet - 3 bedrooms - 3 bathrooms
This to-be-built home is the willow plan by lennar, and is located in the community of the venue at the american - townes. This plan home is priced from...