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Morris Plains, NJ 07950 Real Estate & Property Data

Morris Plains, NJ 07950 Real Estate Market Trends

Last Updated: April 28, 2024

A total of 359 residential properties have been sold over the past 12 months in 07950. With a median sales price of $530,000 in 07950 and a total of 3 foreclosures in Morris Plains, NJ 07950. Discover market trends and get the granular level real estate data for Morris Plains, NJ 07950 to keep your pulse on the housing market. Curate compelling home reports for Morris Plains, NJ 07950 from reliable property records is easy using the ATTOM platform as a source for state-of-the-art property reports.

Morris Plains, NJ 07950 Real Estate Market Trends

Get property data for any address in Morris Plains, NJ 07950 or the country:

Total Residential Properties 7,321

Total Commercial Properties 183

Avg. Home Age (Single Family Home) 57 Years

Avg. Square Feet (Single Family Home) 2,045

Total 2024 Residential Sales (year-to-date) 46

% of Homes Seriously Underwater (Q2 2024) 0.55%

Total 2023 Residential Sales 330

% of Equity Rich Homes (Q2 2024) 44.22%

Effective 2023 Property Tax 1.69%

Total Foreclosure Filings (year-to-date) 3

Morris Plains, NJ 07950 Real Estate Overview

There were 359 residential properties sold in the past year in Morris Plains, NJ 07950. The median home value in Morris Plains, NJ 07950 is $630,600. There are a total of 7,321 residential properties in the 07950.

Median Sales Price i

$530,000

(Feb 2024)

-10.8%

year-over-year

y-o-y

February '24 Feb '24 $530,000
January '24 Jan '24 $255,000
December '23 Dec '23 $576,500
November '23 Nov '23 $635,000
October '23 Oct '23 $550,000
September '23 Sep '23 $610,501
August '23 Aug '23 $612,500
July '23 Jul '23 $541,000
June '23 Jun '23 $515,000
May '23 May '23 $565,000
April '23 Apr '23 $250,000
March '23 Mar '23 $530,000

Median Down Payment i

$105,000

(Feb 2024)

-1%

year-over-year

y-o-y

February '24 Feb '24 $105,000
January '24 Jan '24 $85,000
December '23 Dec '23 $108,500
November '23 Nov '23 $51,187
October '23 Oct '23 $151,751
September '23 Sep '23 $124,000
August '23 Aug '23 $75,473
July '23 Jul '23 $109,500
June '23 Jun '23 $116,800
May '23 May '23 $65,000
April '23 Apr '23 $47,550
March '23 Mar '23 $150,000

Number of Homes Sold i

27

(Feb 2024)

year-over-year

y-o-y

February '24 Feb '24 27
January '24 Jan '24 19
December '23 Dec '23 20
November '23 Nov '23 25
October '23 Oct '23 27
September '23 Sep '23 38
August '23 Aug '23 29
July '23 Jul '23 48
June '23 Jun '23 33
May '23 May '23 28
April '23 Apr '23 9
March '23 Mar '23 29

Number of Purchase Loans i

20

(Feb 2024)

year-over-year

y-o-y

February '24 Feb '24 20
January '24 Jan '24 15
December '23 Dec '23 17
November '23 Nov '23 21
October '23 Oct '23 22
September '23 Sep '23 38
August '23 Aug '23 25
July '23 Jul '23 33
June '23 Jun '23 25
May '23 May '23 22
April '23 Apr '23 9
March '23 Mar '23 19

Number of REFI Loans i

7

(Feb 2024)

+40%

year-over-year

y-o-y

February '24 Feb '24 7
January '24 Jan '24 3
December '23 Dec '23 9
November '23 Nov '23 9
October '23 Oct '23 5
September '23 Sep '23 9
August '23 Aug '23 9
July '23 Jul '23 8
June '23 Jun '23 8
May '23 May '23 5
April '23 Apr '23 3
March '23 Mar '23 1

Number of HELOC Loans i

8

(Feb 2024)

+33.3%

year-over-year

y-o-y

February '24 Feb '24 8
January '24 Jan '24 13
December '23 Dec '23 4
November '23 Nov '23 6
October '23 Oct '23 9
September '23 Sep '23 6
August '23 Aug '23 9
July '23 Jul '23 10
June '23 Jun '23 4
May '23 May '23 12
April '23 Apr '23 6
March '23 Mar '23 10

Morris Plains, NJ 07950 Real Estate Market Overview

Last 30 days

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Morris Plains, NJ 07950 Foreclosure Activity

There were a total of 3 Morris Plains, NJ 07950 properties with a foreclosure filing in February 2024.

Total Foreclosure Filings i

3

(Feb 2024)

+200%

year-over-year

y-o-y

February '24 Feb '24 3
January '24 Jan '24 N/A
December '23 Dec '23 1
November '23 Nov '23 1
October '23 Oct '23 1
September '23 Sep '23 1
August '23 Aug '23 N/A
July '23 Jul '23 2
June '23 Jun '23 1
May '23 May '23 5
April '23 Apr '23 1
March '23 Mar '23 4

Foreclosure Starts i

3

(Feb 2024)

+200%

year-over-year

y-o-y

February '24 Feb '24 3
January '24 Jan '24 N/A
December '23 Dec '23 N/A
November '23 Nov '23 1
October '23 Oct '23 N/A
September '23 Sep '23 N/A
August '23 Aug '23 N/A
July '23 Jul '23 2
June '23 Jun '23 N/A
May '23 May '23 2
April '23 Apr '23 1
March '23 Mar '23 2

Completed Foreclosures (REOs) i

February '24 Feb '24 N/A
January '24 Jan '24 1
December '23 Dec '23 N/A
November '23 Nov '23 N/A
October '23 Oct '23 N/A
September '23 Sep '23 N/A
August '23 Aug '23 1
July '23 Jul '23 N/A
June '23 Jun '23 N/A
May '23 May '23 1
April '23 Apr '23 N/A
March '23 Mar '23 N/A

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