House Prices

Fairchild Morristown, NJ House Prices & Home Values 2026


Average Data

average house price$808,046
average size per house2635 ft²
average price per ft²277 $ / ft²

05/22/2026 - The value range (VR) for house prices in Fairchild Morristown, NJ is $263.15/ sqft to $290.85/ sqft. An average home with 2635 sqft costs approximately $626,141 to $692,050. 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 $277. Our analysis is based on 10 property listings.

Avergage prices by ZIP codes Fairchild Morristown

07960412 $ / ft²




Historical development of home values in Fairchild Morristown

Year Estimated value (USD) Change vs. 2025
2010 $375,271 -53.6%
2011 $360,759 -55.4%
2012 $359,788 -55.5%
2013 $373,236 -53.8%
2014 $391,795 -51.5%
2015 $411,903 -49.0%
2016 $433,399 -46.4%
2017 $456,792 -43.5%
2018 $482,046 -40.3%
2019 $504,397 -37.6%
2020 $530,472 -34.4%
2021 $603,355 -25.3%
2022 $703,376 -13.0%
2023 $741,743 -8.2%
2024 $784,654 -2.9%
2025 $808,046 0.0%

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



Example: 100% financing house in Fairchild Morristown

Loan amount: $808,046

Interest rate: 5.42%

Fixed monthly payment: $4,546.51

Breakdown in the 1st month:
Interest portion: $3,648.33  –  Principal portion: $898.18

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $43,508.21 $11,049.91 $796,996.09
2 $42,894.44 $11,663.69 $785,332.40
3 $42,246.57 $12,311.56 $773,020.84
4 $41,562.71 $12,995.42 $760,025.42
5 $40,840.87 $13,717.26 $746,308.16
6 $40,078.93 $14,479.20 $731,828.97
7 $39,274.67 $15,283.45 $716,545.51
8 $38,425.74 $16,132.39 $700,413.13
9 $37,529.65 $17,028.48 $683,384.65
10 $36,583.79 $17,974.34 $665,410.31
11 $35,585.39 $18,972.74 $646,437.58
12 $34,531.53 $20,026.59 $626,410.98
13 $33,419.14 $21,138.99 $605,271.99
14 $32,244.95 $22,313.17 $582,958.82
15 $31,005.55 $23,552.58 $559,406.24
16 $29,697.30 $24,860.83 $534,545.41
17 $28,316.38 $26,241.74 $508,303.67
18 $26,858.76 $27,699.36 $480,604.30
19 $25,320.18 $29,237.95 $451,366.35
20 $23,696.13 $30,862.00 $420,504.36
21 $21,981.87 $32,576.25 $387,928.10
22 $20,172.39 $34,385.73 $353,542.37
23 $18,262.41 $36,295.72 $317,246.65
24 $16,246.33 $38,311.79 $278,934.86
25 $14,118.27 $40,439.86 $238,495.00
26 $11,872.00 $42,686.12 $195,808.88
27 $9,500.96 $45,057.16 $150,751.72
28 $6,998.22 $47,559.90 $103,191.81
29 $4,356.47 $50,201.66 $52,990.15
30 $1,567.97 $52,990.15 $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 Fairchild Morristown, NJ


1500 sqft3900 sqft
Ø selling price$453,988$965,756
Ø fast selling$412,717$869,181
Ø high price sale$495,260$1,062,332

In 2026, houses in Fairchild Morristown, NJ will be offered at an average price of $277 per square foot. A 1,500 sqft home priced at $453,988 is 20.77% more expensive per square foot than a 3,900 sqft home priced at $965,756. Home prices in Fairchild 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 $668,601. Sellers who can wait longer may achieve a higher price of up to $817,178.


Discover Fairchild in Morristown, NJ

The Fairchild neighborhood in Morristown, NJ blends residential comfort with convenient urban access.

Homebuyers and renters appreciate its central Morristown location, close to employment, dining, and cultural attractions.

Location and Accessibility

Commuters benefit from proximity to NJ Transit?s Morristown Station for direct service to New York City.
Major roadways like I-287 and Route 24 provide smooth regional connectivity throughout Morris County.

Lifestyle and Amenities

Residents enjoy Morristown?s vibrant downtown scene, with restaurants, cafes, and locally owned shops a short drive or bike ride away.

Green spaces and multiuse trails around town offer places to walk, run, and unwind.

Cultural favorites such as the Mayo Performing Arts Center and seasonal festivals add year-round entertainment.

Housing and Real Estate

Fairchild offers a mix of housing options that appeal to first-time buyers, downsizers, and investors.
Strong demand for Morristown living keeps interest high for homes for sale in Fairchild, Morristown, NJ.

Schools and Community

The neighborhood benefits from access to Morristown-area public and private schools, active community groups, and a welcoming, walkable atmosphere.



FAQ – Home Values in Fairchild Morristown

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

In 2026, the typical home value in Fairchild Morristown is about $808,046 for an average home size of 2635 square feet. This corresponds to an average price of roughly $277 per square foot.

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

In 2026, homes in Fairchild Morristown sell for an average of around $277 per square foot, with a typical range between $263.15 and $290.85 per square foot, depending on the property’s location, condition, and lot size.

What is the average home size in Fairchild?

The average home size in Fairchild Morristown is about 2635 square feet, with an estimated 2026 value around $808,046.



Neighborhoods close to Fairchild 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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