Morris County, NJ — Housing & Real Estate
Home values, rent, homeownership rates, housing types, and property taxes
Housing Overview
Source: Census Bureau ACS (2023)Median Home Value
$557,000
Median Rent
$1,860/mo
Homeownership
73.9%
Vacancy Rate
3.4%
Total Housing Units
198,611
Property Tax
$10,001/yr
Housing Tenure
Source: Census Bureau ACS (2023)Owner-Occupied73.9%
Renter-Occupied26.1%
Housing Types
Source: Census Bureau ACS (2023)Single Family73.4%
Multi-Family26.3%
Mobile Home0.3%
Owner Costs
Source: Census Bureau ACS (2023)With Mortgage
$2,573/mo
Without Mortgage
$3,256/mo
Median Year Built
1971
The median home value in Morris County, NJ is $557,000 according to 2023 Census Bureau estimates. The median monthly rent is $1,860. 73.9% of housing units are owner-occupied. There are 198,611 total housing units in the county. The vacancy rate is 3.4%.