Local Realtors In Morristown NJ

We’re pleased to welcome you to this particular page, where you’ll find all the information relevant for those living in, planning to move to or out of Morristown, New Jersey. Firstly, you’ll find useful information about how real estate agents in Morristown NJ can help you through your real estate venture. Then you’ll get to know more about the city that caught your attention, and lastly, you’ll get to understand what living in Morristown, New Jersey, is like. If you’re interested in selling a home in Morristown NJ, you should know a few facts about the real estate market there. Some of our best realtors in Morristown NJ can help you decipher the current market trends. As a real estate transaction is a complicated venture, you might want to work with people who have vast experience in the field. Real estate agents in Morristown NJ know everything there is to know about their city’s housing market. Just like when you go to the bank, they can assist you on choosing the best option for a loan, and when you sign a contract, you can have a lawyer look it over; the real estate market makes it possible for you to use specialized realtors in Morristown NJ to ensure you get a fair price for your home. If you’re looking into buying a home in Morristown NJ, you shouldn’t hesitate to contact a professional. Real estate agents in Morristown NJ will be by your side from the moment you decide to look at listings in the city. Even after the closing date, they’ll be available to you for anything else you might need. Below you’ll find the best realtors in Morristown NJ along with their contact information. For further information about the city, keep reading as what follows might help you decide.
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Local real estate professionals in Morristown NJ specializing in buying, selling, renting

  • Doug Tucker ELITE badge icon

    RE/MAX Select

    • Fair Housing and Equal Opportunity (FHEO)
    • REALTOR®
    • The Multiple Listing Service Mark

    Providing services for homebuyers, sellers and renters in:

    Chester, NJ

    Denville, NJ

    Morris Plains, NJ

    Mendham, NJ

    Morristown, NJ

    Randolph, NJ

    Agent spoken language: English

  • Raul Ruisanchez ELITE badge icon

    Weichert, Realtors - Wayne NJ

    • Fair Housing and Equal Opportunity (FHEO)
    • REALTOR®
    • The Multiple Listing Service Mark

    Providing services for homebuyers, sellers and renters in:

    Montville Township, NJ

    Florham Park, NJ

    Denville, NJ

    Morristown, NJ

    Boonton Township, NJ

    East Hanover, NJ

    Agent spoken language: English

  • Alice B. Samach ELITE badge icon

    Weichert Realtors

    • ABR, Accredited Buyer Representative
    • Fair Housing and Equal Opportunity (FHEO)
    • REALTOR®
    • The Multiple Listing Service Mark

    Providing services for homebuyers, sellers and renters in:

    New Vernon, NJ

    Morristown, NJ

    Randolph, NJ

    Basking Ridge, NJ

    Mendham, NJ

    Agent spoken language: English

 
 

Located approximately a 45-minute drive away from the internationally acclaimed New York, the city of Morristown, New Jersey, is a town and the county seat of Morris County. As a northern city in the state of New Jersey, real estate agents in Morristown NJ know that its appeal comes from its proximity to other much larger cities. But let’s take a closer look at what realtors in Morristown NJ can share about their city because, besides its nearby much bigger cousins, there are other reasons that inspire people to move here.

Housing Market in Morristown, NJ

With the close proximity to Newark, NJ, and right across state lines, New York, NY, you can expect a somewhat higher cost of living. The main factor that influences this is housing expenses. Real estate agents in Morristown NJ understand that this is the main reason for which 66% of the city’s residents would rather rent than own. With housing costs similar to NY than the state’s median, the median home value in Morristown, New Jersey, is $626,000. 

Now, before you backtrack, know that the city is experiencing a buyer’s market, meaning that while homes may be valued at that price, they tend to drop towards a median of $542,000 by closing. With more homes on the market than the current demand, buyers can negotiate with the help of realtors in Morristown NJ.

 

Seeing as the vast majority of residents choose to rent, a relevant piece of information is that the median monthly rent in Morristown, New Jersey is $2,900. Again, this comes with the proximity to New York. Living here comes with a lot of opportunities, and many people are fighting for their American Dream. Job opportunities are plentiful in the area, and we’ll get to incomes in a bit, but before that …

 

Regarding prices, with top real estate agents in Morristown NJ, you can browse the listings knowing that around 88% of all housing is priced between $230,000 and $861,000, with approximately 60% priced below the median value. Also, around 47% belong to apartment complexes, 22% are single-family homes, 21% are small apartment buildings, and 10% are townhomes. 

 

Whether you decide to purchase or to rent, contact the local realtors in Morristown NJ, and they will help you manage your finances in order to find the right home for you.

Job Market in Morristown, NJ

After reading the section above, you might think that living in this part of the country can put a toll on your budget. However, the median household income is $96,000. While we aren’t saying that it couldn’t be better, it’s still much better than other areas. It’s still better than New York.

Now, in order to get into more details, the most important thing is that there has been a 4% increase over the last year which means, income growth. Real estate agents in Morristown NJ know how much occupations and industries influence individual earnings, so let’s analyze that for a moment.

 

In Morristown, New Jersey, the most common jobs are Management Occupations and, these are also the highest-paying jobs reaching as much as $164,000 even if the median salary is $93,000. When it comes to industries, the most common employment sector is the Health Care and Social Assistance, while the highest-paying sector is the Information industry with median earnings of $110,000.

 

The final bit of inside scoop realtors in Morristown NJ shared with us is that the largest bulk of the population, namely 27%, earn more than $200,000 a year. Now let’s see what it's like to live there.

Living in Morristown, NJ

With the moderate population growth and the overall amount of people relocating to Morristown, New Jersey, the city’s median age is around 34. Because of this and the job opportunities present in and around the city, real estate agents in Morristown NJ are aware of their city’s attractivity for young professionals. Especially for their young residents, the city developed a rich pub culture and, despite its small population - below 20,000 -the city has a decent nightlife that has something to offer for everybody. One of the best things about Morristown, New Jersey, is the city’s overall safety. Realtors in Morristown NJ can’t make this up, so continue your research, and we’re sure you won’t be disappointed.

Zipcodes in Morristown New Jersey served by our agents

07960 07961 07962 07963