Hello! How are you doing?
It looks like you are thinking to move into Morris Co. Good choice. Morris Co. is very large, and price will depend on exact area and the type of property. I would say the minimum, what you may find, can be around $1.15-1.25/sq.ft, but average would be around $2.00/sq.ft
From my experience as a real estate broker in residential rental field I could say, that in 95% tenants pay all utilities, if you rent privately owned condo or house. There are many Garden Apartment complexes in Morris Co., where utilities may be included in rent. I was trying to answer your question (I am new in Trulia), if you need more detailed information, do not hesitate to contact me.
GOOD LUCK.
Yelena Tsuladze
Broker / Founder
Advanced Realty Group, LLC
Morristown, NJ
YelenaRealtor@gmail.com

Too broad a question. In an old multi-family house in a run down area, you might find a 2BR 1,000 square foot apartment you could rent for $900, or 0.90 per sqft. Or a 500ft studio in a garden complex in an outstanding area might rent for $900, or $1.80 sqft. And then you have to figure if utilities are included or discounted in your calculation. Or amortizing a real estate commission. Or including parking or free laundry.

I think it is better to evaluate a residential apartment qualitiatively based on its individual merits rather than attempting to distill it to a unit estimate. It just doesn't work the same as commerical space, for which these computations have more relevance.

-Marc

Marc Paolella
Relocation Director
Member, Worldwide ERC
Licensed Realtor NJ
Licensed Appraiser NJ & NY
Century 21 Joe Tekula Realtors
Agent of the Year 2008
Owner: Sands Appraisal Service, Inc.
Phone (direct): (973) 584-4235
web: http://www.marcpaolella.com

-Marc