Housing & Real Estate — Morris Plains, New Jersey
Overview
| Total Housing Units | 2,591 |
|---|
| Occupied | 2,524 |
|---|
| Vacant | 67 |
|---|
| Owner-Occupied | 1,886 |
|---|
| Renter-Occupied | 638 |
|---|
| Median Home Value (Census) | $643,300 |
|---|
| Estimated 2026 | ~$729,000 |
|---|
| Median Rent | $2,686/mo |
|---|
| Median Property Tax | $10,001/yr |
|---|
Affordability
| Home Price to Income Ratio | N/Ax |
|---|
| Home Affordability | moderate |
|---|
| Rent as % of Income | 20.8% |
|---|
| Severely Rent-Burdened | 28.1% |
|---|
Housing Age
| Built 2010 or later | 366 |
|---|
| Built 2000-2009 | 73 |
|---|
| Built 1990-1999 | 143 |
|---|
| Built before 1960 | 1,200 |
|---|
| Median Year Built | 1964 |
|---|
Sources: Census ACS 5-Year 2023; Census ACS 5-Year 2023, B25077; HUD FMR FY2026.
