House Prices

The American at Morris Plains Morris Plains, NJ House Prices & Home Values 2026


Average Data

average house price$392,891
average size per house1514 ft²
average price per ft²248 $ / ft²

04/04/2026 - The value range (VR) for house prices in The American at Morris Plains Morris Plains, NJ is $235.6/ sqft to $260.4/ sqft. An average home with 1514 sqft costs approximately $339,577 to $375,322. 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 $248. Our analysis is based on 7 property listings.

Avergage prices by ZIP codes The American at Morris Plains Morris Plains

07950280 $ / ft²




Historical development of home values in The American at Morris Plains Morris Plains

Year Estimated value (USD) Change vs. 2025
2010 $182,466 -53.6%
2011 $175,410 -55.4%
2012 $174,937 -55.5%
2013 $181,476 -53.8%
2014 $190,500 -51.5%
2015 $200,277 -49.0%
2016 $210,729 -46.4%
2017 $222,103 -43.5%
2018 $234,382 -40.3%
2019 $245,250 -37.6%
2020 $257,928 -34.4%
2021 $293,365 -25.3%
2022 $341,998 -13.0%
2023 $360,653 -8.2%
2024 $381,517 -2.9%
2025 $392,891 0.0%

Graph: estimated home values in The American at Morris Plains Morris Plains over time (USD)



Example: 100% financing house in The American at Morris Plains Morris Plains

Loan amount: $392,891

Interest rate: 5.71%

Fixed monthly payment: $2,283.33

Breakdown in the 1st month:
Interest portion: $1,870.16  –  Principal portion: $413.17

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $22,310.05 $5,089.90 $387,801.10
2 $22,011.58 $5,388.37 $382,412.72
3 $21,695.61 $5,704.34 $376,708.38
4 $21,361.11 $6,038.84 $370,669.53
5 $21,007.00 $6,392.96 $364,276.58
6 $20,632.12 $6,767.84 $357,508.74
7 $20,235.26 $7,164.70 $350,344.04
8 $19,815.12 $7,584.83 $342,759.21
9 $19,370.35 $8,029.60 $334,729.60
10 $18,899.50 $8,500.45 $326,229.15
11 $18,401.04 $8,998.91 $317,230.24
12 $17,873.35 $9,526.61 $307,703.63
13 $17,314.72 $10,085.24 $297,618.39
14 $16,723.32 $10,676.63 $286,941.76
15 $16,097.25 $11,302.70 $275,639.06
16 $15,434.47 $11,965.49 $263,673.57
17 $14,732.82 $12,667.14 $251,006.43
18 $13,990.03 $13,409.93 $237,596.51
19 $13,203.68 $14,196.28 $223,400.23
20 $12,371.22 $15,028.74 $208,371.49
21 $11,489.94 $15,910.02 $192,461.47
22 $10,556.99 $16,842.97 $175,618.50
23 $9,569.33 $17,830.63 $157,787.87
24 $8,523.75 $18,876.21 $138,911.67
25 $7,416.86 $19,983.10 $118,928.57
26 $6,245.06 $21,154.89 $97,773.68
27 $5,004.55 $22,395.40 $75,378.27
28 $3,691.30 $23,708.66 $51,669.62
29 $2,301.04 $25,098.92 $26,570.70
30 $829.25 $26,570.70 $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 The American at Morris Plains Morris Plains, NJ


1500 sqft3900 sqft
Ø selling price$428,515$911,567
Ø fast selling$389,559$820,410
Ø high price sale$467,471$1,002,724

In 2026, houses in The American at Morris Plains Morris Plains, NJ will be offered at an average price of $248 per square foot. A 1,500 sqft home priced at $428,515 is 21.90% more expensive per square foot than a 3,900 sqft home priced at $911,567. Home prices in The American at Morris Plains 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 $631,085. Sellers who can wait longer may achieve a higher price of up to $771,326.

FAQ – Home Values in The American at Morris Plains Morris Plains

What is the median home value in The American at Morris Plains Morris Plains in 2026?

In 2026, the typical home value in The American at Morris Plains Morris Plains is about $392,891 for an average home size of 1514 square feet. This corresponds to an average price of roughly $248 per square foot.

What is the average cost per square foot in The American at Morris Plains Morris Plains?

In 2026, homes in The American at Morris Plains Morris Plains sell for an average of around $248 per square foot, with a typical range between $235.6 and $260.4 per square foot, depending on the property’s location, condition, and lot size.

What is the average home size in The American at Morris Plains?

The average home size in The American at Morris Plains Morris Plains is about 1514 square feet, with an estimated 2026 value around $392,891.



Neighborhoods close to The American at Morris Plains 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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