Morristown, NJ Overview

Historic Morristown offers quaint businesses and a commercial center, serving as the legal and financial hub of New Jersey.  Newcomers will discover a pleasing variety of housing, from charming older properties to newer construction.  Lush parks, playgrounds, athletic fields, league sports., swimming pools, tennis courts, and a golf club combine with Patriots Path for passive recreation for a full complement of leisure activities.

Summary

Population Growth (since 2000)1 %
Population Density (ppl / mile)6,395.00
Household Size (ppl)2.396
Households w/ Children23 %

Housing Stability

Annual Residential Turnover13 %
5+ Years in Residency22 %
Median Year in Residency2.64

Housing Inventory

Morristown, NJ Housing Inventory 4,4257283,1354,425728

Market Overview

49 listings with an estimated median price of $450,000

PriceCount
$200K - 300K5
$300K - 400K14
$400K - 500K13
$500K - 600K6
$600K - 700K3
$900K - 1M2
$1M - Max6
Property TypeCount
Single Family21
Townhouse2
Commercial2
Rental45
Lots and Land2
Condo/Town/CoOp21
Multi Family1

(Data as of 12/18/2018)

Population Demographics

The population of the community broken down by age group. The numbers at the top of each bar indicate the number of people in the age bracket below.

Morristown, NJ Population Demographics

Total: 18,723

Households:7,560

Median Age: 37.09

Climate and Weather

The Temperature chart displays average high and low values for January and July, and is designed to provide an indication of both seasonal and daily temperature variability. The Weather Risk Index indicates the calculated risk of each type of weather event occurring in the future. This risk is based on historical localized storm events and weather patterns. The national average for each type of weather event equals a score of 100, so a score of 200 would represent twice the risk as the national average, and a score of 50 would represent half the risk of the national average.

Temperature (degrees F)

Morristown, NJ Temperature

Weather Risk

Morristown, NJ Weather Risk

Education

The Community Educational Index chart is based on the U.S. Census Bureau's Socioeconomic Status (SES) elements. Factors used in creating the index below are income, educational achievement, and occupation of persons within the selected ZIP code. Since this index is based on the population of an entire Zip code, it may not reflect the nature of an individual school.

Education Climate Index

Morristown, NJ Education Climate Index

Highest Education Level Attained

Morristown, NJ Highest Education Level Attained 3,3371,6865075361,3842,6553,5863,3371,6865361,3842,655

Employment and Finance

Workforce

Morristown, NJ Workforce

Income by dollar range (Median Income: $73,744)

Morristown, NJ Income by dollar range 3312691613882353602342282836267211,01273749987224533227

Fair Market Rents

The Fair Market Rents show average gross rent estimates based on figures provided by the U.S. Department of Housing and Urban Development (HUD).

Studio
$1,044
One Bedroom
$1,099
Two Bedroom
$1,324
Three Bedroom
$1,695
Four Bedroom
$1,922

Smoking Ban

The Smoking Ban data indicates whether an area has a smoking ban in place for workplaces, restaurants or bars. This information represents that of the search area and may not reflect that of the whole County or State.

Workplaces
Yes
Restaurants
Yes
Bars
Yes

Crime

The Crime Index compares the risk or probability of future occurrence of certain types of crime in this community as compared to the national average. The national average for each type of crime equals a score of 1.0, so a score of 2.0 would represent twice the risk as the national average, and a score of 0.50 would represent half the risk of the national average.

Morristown, NJ Crime

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