Morristown New Jersey Real Estate
Morristown, New Jersey, is located in Morris County, 5 miles SW of Parsippany, New Jersey and 26 miles W of New York, New York. Morristown has a population of 18,544.
Morristown Homes
Morristown properties pool is 7,252 residential properties including Morristown new homes. Median age of real estate in Morristown is 1954. Average Household size is 3.19 people. 10% are one bedroom homes, 18% are 2 bedroom homes, 41% are 3 bedroom homes, 21% are 4 bedroom homes, and 9% are 5+ bedroom homes.
Morristown Mortgage Statistics
Morristown mortgages vs. USA median statistics
| Homes |
Morristown |
USA |
| Homes With No Mortgage |
24% |
30% |
| Homes With Mortgage |
76% |
70% |
| First Mortgage Only |
56% |
54% |
| First & Second Mortgage or HELOC |
20% |
16% |
Morristown Area Real Estate Tax
Morristown Real estate Tax: Median Real Estate Taxes (2000) were $4,508 comparing to 1999 Median Family income $ 66,419. Compare to USA median yearly Real Estate Tax $1,300 and USA median Family Income $42,000 (1999).
Morristown School District: Children make up 18.4% of Morristown population. Morristown has 3,404 under 18 years old residents, or 0.33 kids per one worker, or 0.47 kids per one household.
Morristown Real Estate & Morristown Homeownership
There are 2828.28 or 39% one person households, 1958.04 or 27% two person households, and 870.24 or 12% three person households in Morristown, New Jersey. Median residents age is 35, Senior citizens (65+) make up 2,292 or 12.4%% of Morristown population.
There are 10,209 workers (over 16 years of age) in Morristown. Of these, 79.82% drive to work. Approximately 6.35% of workers in Morristown take public transportation. An estimated 7.66% walk to work.
Median Morristown homeowner's housing expences are 22.1%
Crime in Morristown (2003), crimes per 10,000 residents per year
| Type of Crime |
Morristown |
USA, 2003 |
| Violent Crimes |
67.41 |
47.5 |
| Robberies |
30.74 |
14.2 |
| Aggravated Assaults |
33.43 |
29.5 |
| Property Crimes |
359.15 |
358.8 |
| Burglaries |
69.03 |
74.0 |
| Larceny-Thefts |
266.93 |
241.5 |
| Motor Vehicle Thefts |
23.19 |
43.3 |
Invest in Morristown Properties
When making a decision about buying real estate in Morristown New Jersey area, you should consider following statistical data:
| Category |
Morristown |
USA |
| Near Medium City |
Parsippany, New Jersey |
- |
| Near Large City |
New York, New York |
- |
| Morristown Zip Codes |
07960 |
- |
| Morristown Area Codes |
973 |
- |
| White population |
67.15% |
75.1% |
| African-American population |
16.95% |
12.3% |
| Asian |
3.77% |
3.6% |
| American Indian & Alaskan |
0.22% |
0.9% |
| Hispanic (of any race) |
27.15% |
12.5% |
| Median Family Income (1999) |
$ 66,419% |
$42,000 |
| Population Below Poverty Level |
11.16% |
12.4% |
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