House Prices

Collinsville Morristown, NJ House Prices & Home Values 2026


Average Data

average house price$855,473
average size per house2790 ft²
average price per ft²294 $ / ft²

05/22/2026 - The value range (VR) for house prices in Collinsville Morristown, NJ is $279.3/ sqft to $308.7/ sqft. An average home with 2790 sqft costs approximately $744,961 to $823,377. Morristown, NJ includes 1 ZIP codes and it is located in Morris county. The lowest prices are found in ZIP 07960, while the highest are in ZIP 07960. The average price per sqare feet is $294. Our analysis is based on 10 property listings.

Avergage prices by ZIP codes Collinsville Morristown

07960436 $ / ft²




Historical development of home values in Collinsville Morristown

Year Estimated value (USD) Change vs. 2025
2010 $397,297 -53.6%
2011 $381,934 -55.4%
2012 $380,905 -55.5%
2013 $395,143 -53.8%
2014 $414,791 -51.5%
2015 $436,079 -49.0%
2016 $458,837 -46.4%
2017 $483,602 -43.5%
2018 $510,338 -40.3%
2019 $534,002 -37.6%
2020 $561,607 -34.4%
2021 $638,768 -25.3%
2022 $744,660 -13.0%
2023 $785,278 -8.2%
2024 $830,708 -2.9%
2025 $855,473 0.0%

Graph: estimated home values in Collinsville Morristown over time (USD)



Example: 100% financing house in Collinsville Morristown

Loan amount: $855,473

Interest rate: 5.74%

Fixed monthly payment: $4,984.70

Breakdown in the 1st month:
Interest portion: $4,089.16  –  Principal portion: $895.54

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $48,782.86 $11,033.57 $844,439.43
2 $48,133.06 $11,683.37 $832,756.06
3 $47,445.00 $12,371.43 $820,384.63
4 $46,716.42 $13,100.01 $807,284.62
5 $45,944.93 $13,871.50 $793,413.12
6 $45,128.01 $14,688.42 $778,724.70
7 $44,262.97 $15,553.46 $763,171.24
8 $43,346.99 $16,469.44 $746,701.81
9 $42,377.07 $17,439.36 $729,262.45
10 $41,350.03 $18,466.40 $710,796.05
11 $40,262.50 $19,553.93 $691,242.12
12 $39,110.92 $20,705.51 $670,536.61
13 $37,891.53 $21,924.90 $648,611.71
14 $36,600.32 $23,216.11 $625,395.60
15 $35,233.07 $24,583.36 $600,812.24
16 $33,785.30 $26,031.13 $574,781.11
17 $32,252.27 $27,564.16 $547,216.95
18 $30,628.95 $29,187.48 $518,029.48
19 $28,910.04 $30,906.39 $487,123.08
20 $27,089.89 $32,726.54 $454,396.54
21 $25,162.55 $34,653.88 $419,742.66
22 $23,121.70 $36,694.73 $383,047.93
23 $20,960.66 $38,855.77 $344,192.16
24 $18,672.36 $41,144.07 $303,048.09
25 $16,249.29 $43,567.14 $259,480.95
26 $13,683.52 $46,132.91 $213,348.05
27 $10,966.65 $48,849.78 $164,498.27
28 $8,089.78 $51,726.65 $112,771.61
29 $5,043.48 $54,772.95 $57,998.66
30 $1,817.77 $57,998.66 $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 Collinsville Morristown, NJ


1500 sqft3900 sqft
Ø selling price$510,132$1,085,189
Ø fast selling$463,756$976,670
Ø high price sale$556,507$1,193,707

In 2026, houses in Collinsville Morristown, NJ will be offered at an average price of $294 per square foot. A 1,500 sqft home priced at $510,132 is 21.99% more expensive per square foot than a 3,900 sqft home priced at $1,085,189. Home prices in Collinsville Morristown, 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 $751,285. Sellers who can wait longer may achieve a higher price of up to $918,237.


Living in Collinsville, Morristown, NJ

Collinsville is a welcoming neighborhood in Morristown, NJ, known for its convenient location and friendly, residential vibe.
Homebuyers searching for Collinsville Morristown NJ will find a mix of classic homes and updated properties close to downtown amenities.

Location & Accessibility

The area offers quick access to Morristown NJ Transit Station, I-287, and Route 24, making commuting to Newark or New York City straightforward.
Residents also enjoy being minutes from the Morristown Green, boutique shopping, and a diverse dining scene.

Homes & Lifestyle

Housing in Collinsville ranges from modest single-family homes to multi-family options, appealing to first-time buyers and downsizers alike.
Tree-lined streets and established blocks contribute to a neighborhood feel that balances privacy with community connection.

Parks, Schools & Things to Do

Nearby parks, recreation fields, and walking paths provide outdoor space for sports, dog walks, and weekend runs.
Families appreciate access to the well-regarded Morris School District and the short drive to major employers like Morristown Medical Center.
Cultural attractions, seasonal festivals, and live entertainment around downtown keep weekends full without traveling far.

Why Buyers Look at Collinsville

With its commuter-friendly location, value-driven housing, and proximity to everything Morristown offers, Collinsville real estate stands out for convenience and lifestyle.



FAQ – Home Values in Collinsville Morristown

What is the median home value in Collinsville Morristown in 2026?

In 2026, the typical home value in Collinsville Morristown is about $855,473 for an average home size of 2790 square feet. This corresponds to an average price of roughly $294 per square foot.

What is the average cost per square foot in Collinsville Morristown?

In 2026, homes in Collinsville Morristown sell for an average of around $294 per square foot, with a typical range between $279.3 and $308.7 per square foot, depending on the property’s location, condition, and lot size.

What is the average home size in Collinsville?

The average home size in Collinsville Morristown is about 2790 square feet, with an estimated 2026 value around $855,473.



Neighborhoods close to Collinsville Morristown, NJ

Murray Hill New Providence, NJ402 $ / ft²
Hartley Farms New Vernon, NJ365 $ / ft²
Bee Meadow Whippany, NJ309 $ / ft²
Coventry Park Morris Plains, NJ287 $ / ft²
Mendham Commons Mendham, NJ250 $ / ft²
Downtown Madison Madison, NJ325 $ / ft²
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