Property prices for sale in Morristown (New Jersey)

The prices in real estate in Morristown, 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.

$639,163.33
Average price last 6 months
$293.33
Price/sq.feet last 6 months
Average price per sq.feet

The price per sq.feet in Morristown has increased during the last 6 months. In August, the average price per sq.feet was $277. In September this price pretty much remained the same at a value of $284 per sq.feet. In the following two months the price per sq.feet has increased 107 %, going from $280.5 to $301.5 per sq.feet. The price per sq.feet has barely changed in the last two months compared to the average price of the previous four months going from an average price of $291 to $298 during December y January

Average price

Based upon to the price in Morristown (cities), this has gone up in the last 6 months. In our first sample month during August, the average price is $607,644. In September This price remains at $611,218. During the following two months (October, November) the price has had an average incrementation from $609,431 to $654,442.5. 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 $631,936.75 and $653,616.5 between December and January.

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 $671,292 they are 44 % more affordable than the average price for Morristown. The properties with the highest average price have 2 bedrooms, Their price is 79 % more costly than the average. After that we have properties with 4 bedrooms priced at $868,434.

With regard to the average price per sq.feet , those properties with 3 bedrooms are the most costly ones at a cost of $325 / sq.feet, with an average $301 / sq.feet price in Morristown. The properties with the highest average prices have 1 bedroom. They are 2397 % more expensive than the average followed by properties with 2 bedrooms with a price at $4,239 / sq.feet.

Price per property type

The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $671,292 it is 22 % cheaper than the average price in Morristown. "Apartment" is seen as the second most affordable property type. The dearest property type is "House" followed by "Duplex". At a price of $706,808 it is 9 % 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 $298 / sq.feet followed by "House" priced at $303 / sq.feet. "Duplex" is the most costly type of property with a $3,346 / sq.feet cost followed by "Office" with an average price of $2,252 / sq.feet.

Charts data
Average price January
Average price per sq.feet January
Number of properties used in Morristown
Number of properties used in region New Jersey
$671,292
$301
910
200,954
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value
The Metropolitan At 40 Park Morristown
 37
The Metropolitan At 40 Park Morristown
Request Details
Morristown, New Jersey - For Rent - Apartment - 756 sq.feet - 1 bathroom
The metropolitan at park is located on the historic morristown green at the center of morristown s walkable retail and entertainment district furnishing your lifestyle with fine...
The Metropolitan At 40 Park Morristown
 37
The Metropolitan At 40 Park Morristown
$4,233
Morristown, New Jersey - For Rent - Apartment - 1,292 sq.feet - 2 bedrooms - 2 bathrooms
The metropolitan at park is located on the historic morristown green at the center of morristown s walkable retail and entertainment district furnishing your lifestyle with fine...
The Metropolitan At 40 Park Morristown
 37
The Metropolitan At 40 Park Morristown
$3,937
Morristown, New Jersey - For Rent - Apartment - 1,060 sq.feet - 2 bedrooms - 2 bathrooms
The metropolitan at park is located on the historic morristown green at the center of morristown s walkable retail and entertainment district furnishing your lifestyle with fine...
The Metropolitan At 40 Park Morristown
 37
The Metropolitan At 40 Park Morristown
$3,988
Morristown, New Jersey - For Rent - Apartment - 1,196 sq.feet - 2 bedrooms - 2 bathrooms
The metropolitan at park is located on the historic morristown green at the center of morristown s walkable retail and entertainment district furnishing your lifestyle with fine...
The Metropolitan At 40 Park Morristown
 37
The Metropolitan At 40 Park Morristown
$4,175
Morristown, New Jersey - For Rent - Apartment - 1,211 sq.feet - 2 bedrooms - 2 bathrooms
The metropolitan at park is located on the historic morristown green at the center of morristown s walkable retail and entertainment district furnishing your lifestyle with fine...