Median home value: $710K (+2.6% YoY). Rent: $3,340/mo. Price-to-rent: 17.7x. Part of New York-Newark-Jersey City, NY-NJ-PA.
Limited Data
Basic Zillow data only. For stress scores, AI analysis, and trends, New York-Newark-Jersey City, NY-NJ-PA metro page.
Home Value$709,565
+2.6%
Rent$3,340/mo
AFFORDABILITYRenting $1,641/mo cheaper ($3,340 rent)6.00% 30yr, 20% down, county tax + NJ ins. 28% per HUD.
Enter your income for Morris Plains.
$141,913 on $709,565
Out of reach — 79.7% of income
Need $213,471/yr to afford.
PITI$4,981
P/I79.7%
Afford$249K
Gap-$460K
P&I $3,403Tax $1,461Ins $117
Home Buying Kit For Dummies (2025)Financing, negotiation, closing