Median home value in zip code 07950 (Morris Plains, NJ) is $700K, up 2.8% year over year. Part of the New York-Newark-Jersey City, NY-NJ-PA metropolitan area.
Full stress scores, AI analysis, and 12-month forecast: New York-Newark-Jersey City, NY-NJ-PA metro →
Home Value$699,993
YoY Change
+2.8%
AFFORDABILITY6.50% 30yr, 20% down, county tax + NJ ins. 28% per HUD.
Enter your income for 07950 (Morris Plains).
$139,999 on $699,993
Out of reach — 66.7% of income
Need $178,714/yr to afford.
PITI$4,170
P/I66.7%
Afford$294K
Gap-$406K
P&I $3,540Tax $513Ins $117
Home Buying Kit For Dummies (2025)Financing, negotiation, closing
Metro Analysis
07950 is part of the New York-Newark-Jersey City, NY-NJ-PA metropolitan area. See full stress scores, crash risk, early warning signals, and 12-month price forecast for the metro.
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