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.

Home Value$709,565

+2.6%

Rent$3,340/mo

Prices rising — worse for buyers.

Affordability

Enter your income for Morris Plains.

Income (annual)

Down Payment

$141,913 on $709,565

Example: $75,000 household income. Change it above to see your own.

Out of reach82.6% 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

Renting $1,825/mo cheaper ($3,340 rent)6.50% 30yr, 20% down, county tax + NJ ins. 28% per HUD.

Home Buying Kit For Dummies (2025)Financing, negotiation, closing

Other cities in New Jersey

Compare Morris Plains with other housing markets across New Jersey.

Deal$4.21M Alpine$2.96M Loch Arbour$2.88M Avalon$2.63M Stone Harbor$2.48M Bay Head$2.36M Sea Girt$2.3M Short Hills$2.26M

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.

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Morris Plains, NJ