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Morris County Market Report

Real estate market data for 159,978 residential properties across 39 municipalities in Morris County, NJ.

County Overview

Total Residential Properties

159,978

Median Assessed Value

$418,000

Avg. Annual Tax

$11,363

Property Type Mix

62%

Single Family

7%

Condo

1%

Townhome

31%

Other

Largest Municipalities by Property Count

1Parsippany Tr Hls Twp
14,848
2Rockaway Twp
9,307
3Morris Twp
8,357
4Jefferson Twp
8,130
5Mount Olive Twp
7,711
6Roxbury Twp
7,708
7Randolph Twp
7,673
8Montville Twp
7,486
9Denville Twp
6,476
10Washington Twp
6,021

Most Expensive Municipalities (Median Assessed Value)

1Mendham Twp
$1.0M
2Harding Twp
$1.0M
3Mountain Lakes Boro
$916K
4Chatham Boro
$902K
5Chatham Twp
$736K
6Chester Boro
$630K
7Florham Park Boro
$628K
8Chester Twp
$597K
9Morristown Town
$587K
10Mendham Boro
$578K

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