The median home in Morris Plains, New Jersey is valued at $709,565, up 2.6% year over year. Typical monthly rent is $3,340, producing a price-to-rent ratio of 17.7x — near the national average of 18x. Morris Plains is part of the New York-Newark-Jersey City, NY-NJ-PA metropolitan area, which CrashWatch tracks daily with real-time stress scores and crash risk analysis.
See the full metro analysis: New York-Newark-Jersey City, NY-NJ-PA stress score, crash risk, and 12-month forecast →
Home Value$709,565
+2.6%
Rent$3,340/mo
AFFORDABILITYRenting $1,825/mo cheaper ($3,340 rent)6.50% 30yr, 20% down, county tax + NJ ins. 28% per HUD.
Enter your income for Morris Plains.
$141,913 on $709,565
Out of reach — 82.6% of income
Need $221,357/yr to afford.
PITI$5,165
P/I82.6%
Afford$240K
Gap-$469K
P&I $3,588Tax $1,461Ins $117
Home Buying Kit For Dummies (2025)Financing, negotiation, closing
Other cities in New Jersey
Compare Morris Plains with other housing markets across New Jersey.
Full New York-Newark-Jersey City, NY-NJ-PA analysis
Stress scores, crash risk, early warning signals, and 12-month price forecasts for the New York-Newark-Jersey City, NY-NJ-PA metro.
View New York-Newark-Jersey City, NY-NJ-PA metro →