Active Listings
31
⇩ 6.1% vs 33 last year
Population: 21,738 · Density: 921.2/mi² · Median household income: $146,903
Typical home value: $555,919 · Homeownership: 76.9%
Data as of January 2026. Source: Realtor.com.
The MORRIS PLAINS, NJ real estate market (07950) currently shows 31 active listings, with 17 pending sales. Homes are averaging 57 days on the market before going under contract.
Inventory has tightened compared to last year, with 2 fewer active listings — creating more competition among buyers.
Homes are taking longer to sell, averaging 57 days on market compared to 47 days last year.
The median listing price has fallen 7.1% year-over-year, from $662,225 to $615,450.
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.
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 07950 | Morris Plains, NJ 07950 | 0.0 mi | 31 | $17,190,616 | $615,450 | $554,536 |
| 07927 | Cedar Knolls, NJ 07927 | 2.3 mi | 5 | $3,634,700 | $726,940 | $726,940 |
| 07981 | Whippany, NJ 07981 | 3.6 mi | 9 | $7,881,003 | $817,000 | $875,667 |
| 07054 | Parsippany, NJ 07054 | 4.2 mi | 23 | $18,420,148 | $725,000 | $800,876 |
| 07869 | Randolph, NJ 07869 | 5.1 mi | 29 | $27,287,028 | $782,515 | $940,932 |
| 07936 | East Hanover, NJ 07936 | 6.5 mi | 15 | $13,562,130 | $829,000 | $904,142 |
| 07005 | Boonton, NJ 07005 | 6.6 mi | 29 | $30,189,000 | $849,000 | $1,041,000 |
| 07940 | Madison, NJ 07940 | 6.8 mi | 21 | $38,847,669 | $1,699,000 | $1,849,889 |
| 07045 | Montville, NJ 07045 | 7.4 mi | 14 | $14,703,150 | $838,500 | $1,050,225 |
| 07058 | Pine Brook, NJ 07058 | 7.5 mi | 4 | $6,366,332 | $1,399,900 | $1,591,583 |
| 07935 | Green Village, NJ 07935 | 7.7 mi | 1 | $2,550,000 | $2,550,000 | $2,550,000 |
| 07847 | Kenvil, NJ 07847 | 7.9 mi | 6 | $3,674,850 | $612,475 | $612,475 |
| 07928 | Chatham, NJ 07928 | 9.0 mi | 22 | $45,096,348 | $1,895,000 | $2,049,834 |
As of January 2026, there are 31 active listings in MORRIS PLAINS, NJ (zip code 07950), compared to 33 the prior year.
The median listing price in MORRIS PLAINS, NJ 07950 is $615,450 as of January 2026, a 7.1% decrease from $662,225 the prior year.
Homes in MORRIS PLAINS, NJ 07950 spend an average of 57 days on the market before going under contract, compared to 47 days the prior year.
Based on current inventory and days-on-market data as of January 2026, MORRIS PLAINS, NJ 07950 is currently a Balanced Market. Inventory has tightened compared to last year, with 2 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 57 days on market compared to 47 days last year.
With SELL123.com's maximum 3% commission, sellers in MORRIS PLAINS, NJ 07950 save an estimated $12,309 compared to a typical 5% commission on the median listing price of $615,450. 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.