07960 — Morristown, NJ home prices
ZIP 07960 is rising fast, a premium-priced area.
Momentum+3.1%Rising fast
Vs typical+59%Premium
Rental yield3.8%Low yield
Real Estate Price Map scores, derived from the data on this page · how we calculate them
2000: $339,932 → today: $912,031 (2.7×)
Typical home value
$912,031
Zillow ZHVI
Since 2000
+168%
Rank in NJ
#93
of 547 ZIPs
Median rent
$2,909/mo
3.8% gross yield
Market read
At $912,031, ZIP 07960 in Morristown is 59% above the typical NJ ZIP ($574,547), ranking #93 of 547.
It sits in Morris County — see full county data →.
Home value history
Zillow ZHVI, yearly.
🏙️ Morristown prices🗂️ Morris County data📍 Open in Google Maps📊 All New Jersey home prices🔎 ZIP lookup
Frequently asked questions
What is the average home value in ZIP code 07960?
The typical home in ZIP 07960 (Morristown, NJ) is worth $912,031 — 59% above the typical NJ ZIP ($574,547).
How have home prices in 07960 changed since 2000?
Home values in ZIP 07960 are +168% versus 2000.
What is the rental yield in ZIP 07960?
Median rent is $2,909/mo, about a 3.8% gross yield.
What county is ZIP 07960 in?
ZIP 07960 is in Morris County.
| Year | ZIP 07960 home value |
|---|---|
| 2000 | $339,932 |
| 2001 | $371,832 |
| 2002 | $415,838 |
| 2003 | $454,509 |
| 2004 | $509,863 |
| 2005 | $567,020 |
| 2006 | $580,298 |
| 2007 | $559,004 |
| 2008 | $506,488 |
| 2009 | $485,177 |
| 2010 | $483,432 |
| 2011 | $465,688 |
| 2012 | $489,706 |
| 2013 | $517,203 |
| 2014 | $553,274 |
| 2015 | $576,597 |
| 2016 | $598,367 |
| 2017 | $608,481 |
| 2018 | $617,922 |
| 2019 | $610,922 |
| 2020 | $638,138 |
| 2021 | $692,532 |
| 2022 | $734,481 |
| 2023 | $795,827 |
| 2024 | $848,854 |
| 2025 | $885,001 |
| 2026 | $912,031 |