As far as schools go, most will think that school is the best where they are or attended. The preferences on schools are pretty much evenly divided. Prices will change depending upon location, White Pine, Morristown, Newport, Talbott, Jefferson City, Dandridge, Whitesburg, Bulls Gap, and the list goes on. Each have good resale spots and bad, but even that may change. Just a suggestion, look at the counties first, then break into cities, then smaller areas. If prices seem too good to be true, they probably are.
In recent years, we have seen great development on the east side of the county. We have a mall, community college and many new businesses developing along the Davy Crockett Parkway corridor. This is a great link from all directions, with a lot of new development in the works. There are also good schools on this end of town. You can check out the stats on this page. A lot of people prefer the east side because it is not as congested with traffic and still very accessible to major cities. My opinion is that you would fare well in either of thes areas. If you have a good Realtor working for you (like me!) we can point out the good and the bad in any property you may choose. I always have room for one more customer!
With my office in Morristown, I can tell you what drives sales in the area are trains and access to everything. Morris County is one of the wealthiest in the country.
As far as why some areas of Morristown may bring more $'s is simple. It is a city and a diverse one at that. With that in mind prices can be mixed. Sections can be drawn on a map just by looking at selling prices. The higher the price the more desirable. You cannot tie it to the school however. Some parents send their children to private schools but many love the diversity of the public schools. A child can excel anywhere with the right parental guidance and self discipline.
Would love to assist you more. Please contact me at 973-538-5555 or email JeffHalpern@PruNewJersey.com.
I look forward to hearing from you.