Morristown, 07960 Real Estate Overview



Average Listing Price

  • $893,472
  • for week ending Apr 09
  • -$34,186
  • -3.7%
  • w-o-w

Median Sales Price

  • $430,000
  • Jan '14 - Apr '14
  • $20,000
  • -4.4%
  • y-o-y

Average Listing Price $893,472 -3.7% w-o-w
Median Sales Price $430,000 -4.4% y-o-y
Average Price/sqft $239 +1.3% y-o-y
Number of Sales 50 -39.8 % y-o-y

Summary for Morristown, 07960


The median sales price for homes in ZIP code 07960 in Morristown from Jan 14 to Apr 14 was $430,000 based on 50 sales. Compared to the same period one year ago, the median sales price decreased 4.4%, or $20,000, and the number of sales decreased 39.8%. Average price per square foot for homes in 07960 was $239, an increase of 11.7% compared to the same period last year. There are currently 191 resale and new homes in ZIP code 07960 on Trulia, including 5 open houses, as well as 113 homes in the pre-foreclosure, auction, or bank-owned stages of the foreclosure process. The average listing price for homes for sale in 07960 was $893,472 for the week ending Apr 09, which represents a decrease of 3.7%, or $34,186, compared to the prior week.


District Type Grades Schools Students
Morris School District Public PK - 12 10 4,851
Educational Services Commission Of Morris County Public 2 172
School Name School Type Grades Parent Rating
Alexander Hamilton Elementary School Public 3 - 5
Cheder Lubavitch Private PK - 8
Woodland Avenue Elementary School Public K - 2
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Homes for Sale in 07960
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