House Prices

Powder Mill Village Morris Plains, NJ House Prices & Home Values 2026


Average Data

average house price$410,224
average size per house1581 ft²
average price per ft²259 $ / ft²

04/04/2026 - The value range (VR) for house prices in Powder Mill Village Morris Plains, NJ is $246.05/ sqft to $271.95/ sqft. An average home with 1581 sqft costs approximately $386,672 to $427,374. Morris Plains, NJ includes 1 ZIP codes and it is located in Morris county. The lowest prices are found in ZIP 07950, while the highest are in ZIP 07950. The average price per sqare feet is $259. Our analysis is based on 7 property listings.

Avergage prices by ZIP codes Powder Mill Village Morris Plains

07950293 $ / ft²




Historical development of home values in Powder Mill Village Morris Plains

Year Estimated value (USD) Change vs. 2025
2010 $190,515 -53.6%
2011 $183,148 -55.4%
2012 $182,655 -55.5%
2013 $189,482 -53.8%
2014 $198,904 -51.5%
2015 $209,113 -49.0%
2016 $220,026 -46.4%
2017 $231,901 -43.5%
2018 $244,722 -40.3%
2019 $256,069 -37.6%
2020 $269,307 -34.4%
2021 $306,308 -25.3%
2022 $357,086 -13.0%
2023 $376,564 -8.2%
2024 $398,348 -2.9%
2025 $410,224 0.0%

Graph: estimated home values in Powder Mill Village Morris Plains over time (USD)



Example: 100% financing house in Powder Mill Village Morris Plains

Loan amount: $410,224

Interest rate: 5.96%

Fixed monthly payment: $2,450.01

Breakdown in the 1st month:
Interest portion: $2,038.81  –  Principal portion: $411.20

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $24,328.62 $5,071.54 $405,152.46
2 $24,017.74 $5,382.42 $399,770.04
3 $23,687.82 $5,712.35 $394,057.69
4 $23,337.66 $6,062.50 $387,995.19
5 $22,966.05 $6,434.12 $381,561.07
6 $22,571.65 $6,828.51 $374,732.56
7 $22,153.08 $7,247.08 $367,485.48
8 $21,708.85 $7,691.31 $359,794.17
9 $21,237.39 $8,162.77 $351,631.39
10 $20,737.03 $8,663.13 $342,968.27
11 $20,206.00 $9,194.16 $333,774.11
12 $19,642.42 $9,757.74 $324,016.37
13 $19,044.30 $10,355.86 $313,660.51
14 $18,409.51 $10,990.65 $302,669.86
15 $17,735.81 $11,664.35 $291,005.50
16 $17,020.81 $12,379.35 $278,626.15
17 $16,261.99 $13,138.17 $265,487.98
18 $15,456.65 $13,943.51 $251,544.47
19 $14,601.95 $14,798.21 $236,746.26
20 $13,694.85 $15,705.31 $221,040.95
21 $12,732.16 $16,668.01 $204,372.94
22 $11,710.45 $17,689.71 $186,683.23
23 $10,626.11 $18,774.05 $167,909.17
24 $9,475.31 $19,924.86 $147,984.32
25 $8,253.96 $21,146.20 $126,838.12
26 $6,957.75 $22,442.41 $104,395.71
27 $5,582.09 $23,818.08 $80,577.63
28 $4,122.10 $25,278.07 $55,299.56
29 $2,572.61 $26,827.55 $28,472.01
30 $928.15 $28,472.01 $0.00

Note: The calculation is based on a standard annuity mortgage with a fixed monthly payment over the entire term. Extra payments, interest rate changes, and additional purchase costs (e.g. taxes, notary fees) are not included.


How to sell in Powder Mill Village Morris Plains, NJ


1500 sqft3900 sqft
Ø selling price$467,265$994,000
Ø fast selling$424,786$894,600
Ø high price sale$509,744$1,093,399

In 2026, houses in Powder Mill Village Morris Plains, NJ will be offered at an average price of $259 per square foot. A 1,500 sqft home priced at $467,265 is 22.86% more expensive per square foot than a 3,900 sqft home priced at $994,000. Home prices in Powder Mill Village Morris Plains, NJ vary significantly depending on the property’s condition and exact location. For a quick sale, a 2,700 sqft home should be listed at around $688,154. Sellers who can wait longer may achieve a higher price of up to $841,077.

FAQ – Home Values in Powder Mill Village Morris Plains

What is the median home value in Powder Mill Village Morris Plains in 2026?

In 2026, the typical home value in Powder Mill Village Morris Plains is about $410,224 for an average home size of 1581 square feet. This corresponds to an average price of roughly $259 per square foot.

What is the average cost per square foot in Powder Mill Village Morris Plains?

In 2026, homes in Powder Mill Village Morris Plains sell for an average of around $259 per square foot, with a typical range between $246.05 and $271.95 per square foot, depending on the property’s location, condition, and lot size.

What is the average home size in Powder Mill Village?

The average home size in Powder Mill Village Morris Plains is about 1581 square feet, with an estimated 2026 value around $410,224.



Neighborhoods close to Powder Mill Village Morris Plains, NJ

Downtown Morristown Morristown, NJ461 $ / ft²
Murray Hill New Providence, NJ402 $ / ft²
Hartley Farms New Vernon, NJ365 $ / ft²
Mendham Commons Mendham, NJ250 $ / ft²
Downtown Madison Madison, NJ325 $ / ft²
The Green at Florham Park Florham Park, NJ330 $ / ft²
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