Morris Plains, Morris County, NJ Housing Trends, Rent, Price-to-Rent

Market Summary

Morris Plains, Morris County, NJ

Median Home Price Price

$693,515 $693.5K

Median Monthly Rent Rent

$3,406 $3.4K

GRM

17.0x

GRM = Median Home Price divided by annual rent.

Price = Median Home Price.

Rent = Median Monthly Rent.

Trend Insights

Median Rent in Morris Plains, NJ is $3,406, with MoM change +$35 and YoY change +$294 pointing to positive momentum while volatility is low (std $75).

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Metric

Base market Morris Plains, NJ

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Delta vs base

Median rent

$3,406

N/A

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Median price

$693,515

N/A

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YoY change

+$294

N/A

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Price-to-rent

17.0x

Data unavailable

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