Morristown NJ Homes for Sale
Your Complete 2025 Buyer's Guide
Quick Summary
Morristown offers the perfect blend of urban energy and suburban comfort, with direct train access to Manhattan, a thriving downtown packed with over 50 restaurants and bars, and historic neighborhoods featuring stunning architecture. While the school district rates below average (3/10), the town attracts young professionals, empty nesters, and families using private schools who value walkability, nightlife, and a 60-70 minute commute to NYC. Median home prices range from $650K to $850K depending on neighborhood and property type.
Why Buy a Home in Morristown, NJ?
Morristown has earned its reputation as the cultural and economic heart of Morris County. As the county seat and a designated National Historical Park, this vibrant town of approximately 19,000 residents offers an urban-suburban lifestyle that's increasingly rare in New Jersey. The recent arrival of Sanofi's 1,900-employee headquarters at M Station has transformed downtown Morristown into a corporate hub, bringing new energy, investment, and amenities to an already thriving community.
What sets Morristown apart is its authentic downtown experience. Unlike many suburban towns with a handful of restaurants clustered around a train station, Morristown boasts a genuine urban core with dozens of dining options, live music venues, art galleries, boutique shopping, and a nightlife scene that rivals many small cities. The Morristown Green serves as the town's historic center, hosting farmers markets, outdoor concerts, and community events throughout the year.
For those prioritizing lifestyle over school ratings, Morristown delivers exceptional value. You'll find significantly lower home prices than top school districts like Chatham or Madison, while enjoying superior walkability, dining options, and cultural amenities. Many Morristown residents with children opt for private schools or the nearby Delbarton School for boys and Oak Knoll School for girls, both highly regarded independent institutions.
Morristown Real Estate Market Overview
The Morristown housing market in 2025 reflects a period of adjustment following several years of rapid appreciation. Current median home values range from $650,000 to $858,000 depending on the data source and property type, with the market showing signs of stabilization after double-digit growth during the pandemic years.
Single-family homes in desirable neighborhoods like Glen Alpin and Normandy Heights typically command prices from $800,000 to $1.5 million, while downtown condos and townhomes offer entry points starting around $400,000 to $600,000. The price per square foot averages $410, slightly above the Morris County average but below premium towns like Summit or Short Hills.
The arrival of Sanofi's headquarters has created strong demand for both rental and purchase properties within walking distance of M Station. Luxury apartment buildings like 22 Maple Ave cater to relocating executives, while single-family homes in nearby neighborhoods attract families making permanent moves. This corporate presence provides a solid foundation for long-term property value appreciation.
Morristown Neighborhoods & Home Prices
Downtown Morristown
Median Home Price: $450,000 - $700,000 (condos and townhomes)
Downtown Morristown represents the ultimate in walkable urban-suburban living. This neighborhood centers on the Morristown Green and extends several blocks in each direction, encompassing the densest concentration of restaurants, shops, and entertainment venues in Morris County. Housing options consist primarily of condos in converted historic buildings, modern luxury apartments, and a limited number of townhomes.
Glen Alpin
Median Home Price: $800,000 - $1.5 million
Glen Alpin ranks among Morristown's most prestigious neighborhoods, featuring grand historic homes on tree-lined streets just minutes from downtown. The neighborhood takes its name from the Glen Alpin mansion, a stunning 22-room Gothic Revival estate built in the 1850s that's considered one of New Jersey's finest examples of the architectural style.
Normandy Heights / Normandy Park
Median Home Price: $700,000 - $1.2 million
Normandy Heights and the adjacent Normandy Park Historic District represent Morristown's original "millionaire's row," developed in the late 19th century as a country retreat for New York City's wealthy elite. The neighborhood's defining characteristic is its grand boulevard design—houses set 200 feet back from tree-lined streets originally illuminated by gaslights.
Larchmont Estates
Median Home Price: $600,000 - $800,000
Larchmont Estates offers a more affordable entry point into Morristown's single-family home market, with median prices around $614,000. This mid-century neighborhood features ranch and split-level homes on modest lots (0.25 to 0.5 acres), appealing to first-time buyers, young families, and those seeking a more manageable property.
Commuting from Morristown to NYC
Morristown's position on NJ Transit's Midtown Direct Line represents one of its strongest selling points for Manhattan commuters. This premium rail service provides a one-seat ride to Penn Station, eliminating the need to transfer at Newark or Secaucus Junction—a significant quality-of-life advantage over many other suburban towns.
The typical commute time from Morristown to Penn Station ranges from 60 to 70 minutes depending on whether you catch an express or local train. Express trains make fewer stops and can complete the journey in approximately 54 minutes during off-peak hours, while peak-hour locals typically take 65-75 minutes. NJ Transit operates hourly service throughout the day, with more frequent trains during morning and evening rush hours.
For those with hybrid work schedules (2-3 days in the office), Morristown's commute becomes much more manageable. The town has seen an influx of such workers since 2020, as professionals realize they can enjoy Morristown's amenities without enduring a daily commute.
Downtown Morristown: Dining, Shopping & Entertainment
Downtown Morristown's restaurant and entertainment scene rivals that of much larger cities, offering an impressive variety of cuisines, price points, and atmospheres within a compact, walkable area. The dining scene spans from casual BYOB spots to upscale steakhouses.
Rod's Steak and Seafood Grille anchors the high end with prime cuts and an extensive wine list, while The Committed Pig offers elevated comfort food and craft cocktails in a lively atmosphere. For more casual dining, The Morris Proper serves neighborhood-focused comfort food using local ingredients, while Famished Frog offers creative American fare in a relaxed setting.
Cultural amenities add depth to the downtown experience. The Mayo Performing Arts Center (MPAC) presents Broadway shows, concerts, and comedy acts in a beautifully restored 1937 theater. The Morris Museum offers art exhibitions, science displays, and the Murtogh D. Guinness Collection of mechanical musical instruments.
Schools in Morristown
The Morristown school district represents the town's primary weakness for families with school-age children. Morristown High School currently holds a 3 out of 10 rating on GreatSchools.org, indicating below-average performance compared to other New Jersey public schools.
Many Morristown families with children choose private school options, of which the area offers several excellent choices. Delbarton School, an independent Catholic school for boys in nearby Morristown, ranks among New Jersey's most prestigious prep schools with exceptional college placement. Oak Knoll School in Summit provides a similar caliber education for girls. The Peck School in Morristown serves grades K-8, while Morristown-Beard School offers coeducational independent education.
Morristown's school situation creates a specific buyer profile: young professionals without children, empty nesters, families committed to private education, and those willing to prioritize lifestyle amenities over public school quality. For these buyers, Morristown offers exceptional value and quality of life.
Property Taxes in Morristown
Morristown's property taxes fall in the middle range for Morris County, with an effective tax rate of 1.735% based on 2024 data from the New Jersey Department of Treasury. This translates to approximately $13,880 in annual property taxes on an $800,000 home, or $10,410 on a $600,000 property.
While these figures may seem high to out-of-state buyers, they're actually moderate by New Jersey standards and significantly lower than many Morris County towns. Morristown's tax base benefits from substantial commercial development, including M Station, numerous office buildings, retail establishments, and the Morristown Medical Center (Atlantic Health System).
Ready to Find Your Morristown Home?
Whether you're relocating for Sanofi, commuting to Manhattan, or seeking a vibrant downtown lifestyle, I'll guide you to the right Morristown neighborhood and home for your needs.