House Prices

Little Italy Morristown, NJ House Prices & Home Values 2026


Average Data

average house price$945,852
average size per house3085 ft²
average price per ft²325 $ / ft²

05/22/2026 - The value range (VR) for house prices in Little Italy Morristown, NJ is $308.75/ sqft to $341.25/ sqft. An average home with 3085 sqft costs approximately $1,006,786 to $1,112,764. 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 $325. Our analysis is based on 10 property listings.

Avergage prices by ZIP codes Little Italy Morristown

07960482 $ / ft²




Historical development of home values in Little Italy Morristown

Year Estimated value (USD) Change vs. 2025
2010 $439,271 -53.6%
2011 $422,284 -55.4%
2012 $421,147 -55.5%
2013 $436,889 -53.8%
2014 $458,613 -51.5%
2015 $482,150 -49.0%
2016 $507,312 -46.4%
2017 $534,694 -43.5%
2018 $564,255 -40.3%
2019 $590,418 -37.6%
2020 $620,940 -34.4%
2021 $706,252 -25.3%
2022 $823,332 -13.0%
2023 $868,241 -8.2%
2024 $918,470 -2.9%
2025 $945,852 0.0%

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



Example: 100% financing house in Little Italy Morristown

Loan amount: $945,852

Interest rate: 6.34%

Fixed monthly payment: $5,880.49

Breakdown in the 1st month:
Interest portion: $4,998.83  –  Principal portion: $881.66

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $59,672.92 $10,892.92 $934,959.08
2 $58,961.65 $11,604.18 $923,354.90
3 $58,203.94 $12,361.89 $910,993.01
4 $57,396.76 $13,169.08 $897,823.93
5 $56,536.86 $14,028.97 $883,794.96
6 $55,620.82 $14,945.01 $868,849.95
7 $54,644.97 $15,920.87 $852,929.08
8 $53,605.39 $16,960.44 $835,968.64
9 $52,497.94 $18,067.89 $817,900.75
10 $51,318.17 $19,247.66 $798,653.08
11 $50,061.37 $20,504.46 $778,148.62
12 $48,722.51 $21,843.33 $756,305.29
13 $47,296.22 $23,269.62 $733,035.67
14 $45,776.80 $24,789.04 $708,246.63
15 $44,158.16 $26,407.67 $681,838.96
16 $42,433.84 $28,132.00 $653,706.96
17 $40,596.92 $29,968.91 $623,738.05
18 $38,640.06 $31,925.77 $591,812.28
19 $36,555.43 $34,010.41 $557,801.87
20 $34,334.67 $36,231.16 $521,570.71
21 $31,968.91 $38,596.92 $482,973.78
22 $29,448.67 $41,117.16 $441,856.62
23 $26,763.87 $43,801.96 $398,054.66
24 $23,903.77 $46,662.07 $351,392.59
25 $20,856.90 $49,708.93 $301,683.66
26 $17,611.09 $52,954.74 $248,728.92
27 $14,153.34 $56,412.49 $192,316.43
28 $10,469.82 $60,096.02 $132,220.41
29 $6,545.77 $64,020.07 $68,200.34
30 $2,365.49 $68,200.34 $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 Little Italy Morristown, NJ


1500 sqft3900 sqft
Ø selling price$623,498$1,326,351
Ø fast selling$566,817$1,193,716
Ø high price sale$680,180$1,458,986

In 2026, houses in Little Italy Morristown, NJ will be offered at an average price of $325 per square foot. A 1,500 sqft home priced at $623,498 is 24.31% more expensive per square foot than a 3,900 sqft home priced at $1,326,351. Home prices in Little Italy 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 $918,243. Sellers who can wait longer may achieve a higher price of up to $1,122,297.


Little Italy, Morristown, NJ

Little Italy in Morristown, NJ is a compact, walkable enclave known for its Italian American heritage and friendly neighborhood vibe. Tree-lined blocks and modest homes sit alongside mom-and-pop storefronts that have served locals for generations. The area?s culinary scene features classic red-sauce Italian restaurants, artisan pizzerias, and old-school delis where recipes are passed down with pride.

Food and Culture

You can start a day with espresso and a fresh sfogliatella, then stroll to the Morristown Green and nearby boutiques.
In the evening, lively trattorias, bakeries, and gelato counters draw visitors who want an authentic taste of Little Italy Morristown NJ. Historic churches, cultural clubs, and seasonal street fairs celebrate community traditions and add to the neighborhood?s welcoming feel.

Location, Transit, and Real Estate

Commuters value its convenient location near the Morristown NJ Transit station, with quick connections to Newark and New York City. Parks, the Frelinghuysen Arboretum, and the acclaimed Morristown Medical Center are just minutes away, enhancing everyday quality of life. Real estate options in Little Italy range from apartments to renovated single-family homes, offering choices for first-time buyers and downsizers alike. Whether you are dining, shopping, or house-hunting, Little Italy in Morristown delivers history, flavor, and a tight-knit lifestyle in the heart of Morris County.



FAQ – Home Values in Little Italy Morristown

What is the median home value in Little Italy Morristown in 2026?

In 2026, the typical home value in Little Italy Morristown is about $945,852 for an average home size of 3085 square feet. This corresponds to an average price of roughly $325 per square foot.

What is the average cost per square foot in Little Italy Morristown?

In 2026, homes in Little Italy Morristown sell for an average of around $325 per square foot, with a typical range between $308.75 and $341.25 per square foot, depending on the property’s location, condition, and lot size.

What is the average home size in Little Italy?

The average home size in Little Italy Morristown is about 3085 square feet, with an estimated 2026 value around $945,852.



Neighborhoods close to Little Italy 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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