Data as of March 2026. Source: Realtor.com.
The MORRIS PLAINS, NJ real estate market (07950) currently shows 40 active listings, with 22 pending sales. Homes are averaging 29 days on the market before going under contract.
Inventory has increased compared to last year, with 3 more homes available — giving buyers more choice.
The median listing price has fallen 32.2% year-over-year, from $754,444 to $511,250.
Whether you are buying or selling in MORRIS PLAINS, NJ, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.
Population: 21,738 · Density: 921.2/mi² · Median household income: $146,903
Typical home value: $555,919 · Homeownership: 76.9%
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 07950 | Morris Plains, NJ 07950 | 0.0 mi | 33 | $18,920,814 | $618,700 | $573,358 |
| 07927 | Cedar Knolls, NJ 07927 | 2.3 mi | 5 | $3,792,500 | $758,500 | $758,500 |
| 07981 | Whippany, NJ 07981 | 3.6 mi | 8 | $7,213,920 | $859,000 | $901,740 |
| 07054 | Parsippany, NJ 07054 | 4.2 mi | 25 | $19,118,850 | $717,750 | $764,754 |
| 07869 | Randolph, NJ 07869 | 5.1 mi | 37 | $36,801,828 | $793,570 | $994,644 |
| 07936 | East Hanover, NJ 07936 | 6.5 mi | 19 | $17,915,917 | $925,000 | $942,943 |
| 07005 | Boonton, NJ 07005 | 6.6 mi | 28 | $29,902,628 | $789,000 | $1,067,951 |
| 07940 | Madison, NJ 07940 | 6.8 mi | 21 | $50,763,027 | $2,347,500 | $2,417,287 |
| 07045 | Montville, NJ 07045 | 7.4 mi | 13 | $12,653,550 | $724,450 | $973,350 |
| 07058 | Pine Brook, NJ 07058 | 7.5 mi | 6 | $6,210,498 | $1,056,250 | $1,035,083 |
| 07935 | Green Village, NJ 07935 | 7.7 mi | 1 | $2,300,000 | $2,300,000 | $2,300,000 |
| 07847 | Kenvil, NJ 07847 | 7.9 mi | 3 | $2,100,000 | $700,000 | $700,000 |
| 07928 | Chatham, NJ 07928 | 9.0 mi | 39 | $84,926,205 | $1,916,000 | $2,177,595 |
As of March 2026, there are 40 active listings in MORRIS PLAINS, NJ (zip code 07950), compared to 37 the prior year.
The median listing price in MORRIS PLAINS, NJ 07950 is $511,250 as of March 2026, a 32.2% decrease from $754,444 the prior year.
Homes in MORRIS PLAINS, NJ 07950 spend an average of 29 days on the market before going under contract, compared to 29 days the prior year.
Based on current inventory and days-on-market data as of March 2026, MORRIS PLAINS, NJ 07950 is currently a Balanced Market. Inventory has increased compared to last year, with 3 more homes available — giving buyers more choice.
With SELL123.com's maximum 3% commission, sellers in MORRIS PLAINS, NJ 07950 save an estimated $10,225 compared to a typical 5% commission on the median listing price of $511,250. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.