Active Listings
56
⇩ 5.1% vs 59 last year
Data as of September 2026. Source: Realtor.com.
The MORRIS PLAINS, NJ real estate market (07950) currently shows 56 active listings, with 21 pending sales. Homes are averaging 34 days on the market before going under contract.
Inventory has tightened compared to last year, with 3 fewer active listings — creating more competition among buyers.
Homes are taking longer to sell, averaging 34 days on market compared to 18 days last year.
The median listing price has fallen 9.7% year-over-year, from $731,225 to $660,000.
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 September 2026, there are 56 active listings in MORRIS PLAINS, NJ (zip code 07950), compared to 59 the prior year.
The median listing price in MORRIS PLAINS, NJ 07950 is $660,000 as of September 2026, a 9.7% decrease from $731,225 the prior year.
Homes in MORRIS PLAINS, NJ 07950 spend an average of 34 days on the market before going under contract, compared to 18 days the prior year.
Based on current inventory and days-on-market data as of September 2026, MORRIS PLAINS, NJ 07950 is currently a Balanced Market. Inventory has tightened compared to last year, with 3 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 34 days on market compared to 18 days last year.
With SELL123.com's maximum 3% commission, sellers in MORRIS PLAINS, NJ 07950 save an estimated $13,200 compared to a typical 5% commission on the median listing price of $660,000. 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.