Median home value in zip code 07950 (Morris Plains, NJ) is $699,993, up 2.8% year over year. Part of the New York-Newark-Jersey City, NY-NJ-PA metropolitan area.

Home Value$699,993

YoY Change

+2.8%

Prices rising — worse for buyers.

Affordability

Enter your income for 07950 (Morris Plains).

Income (annual)

Down Payment

$139,999 on $699,993

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

Out of reach66.7% of income

Need $178,714/yr to afford.

PITI$4,170

P/I66.7%

Afford$294K

Gap-$406K

P&I $3,540Tax $513Ins $117

6.50% 30yr, 20% down, county tax + NJ ins. 28% per HUD.

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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