House Prices

Madison Avenue Historic District Morristown, NJ House Prices & Home Values 2026


Average Data

average house price$949,431
average size per house3096 ft²
average price per ft²326 $ / ft²

05/22/2026 - The value range (VR) for house prices in Madison Avenue Historic District Morristown, NJ is $309.7/ sqft to $342.3/ sqft. An average home with 3096 sqft costs approximately $1,017,320 to $1,124,407. 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 $326. Our analysis is based on 10 property listings.

Avergage prices by ZIP codes Madison Avenue Historic District Morristown

07960484 $ / ft²




Historical development of home values in Madison Avenue Historic District Morristown

Year Estimated value (USD) Change vs. 2025
2010 $440,933 -53.6%
2011 $423,882 -55.4%
2012 $422,741 -55.5%
2013 $438,542 -53.8%
2014 $460,348 -51.5%
2015 $483,975 -49.0%
2016 $509,232 -46.4%
2017 $536,717 -43.5%
2018 $566,390 -40.3%
2019 $592,652 -37.6%
2020 $623,290 -34.4%
2021 $708,925 -25.3%
2022 $826,447 -13.0%
2023 $871,527 -8.2%
2024 $921,946 -2.9%
2025 $949,431 0.0%

Graph: estimated home values in Madison Avenue Historic District Morristown over time (USD)



Example: 100% financing house in Madison Avenue Historic District Morristown

Loan amount: $949,431

Interest rate: 6.37%

Fixed monthly payment: $5,917.63

Breakdown in the 1st month:
Interest portion: $5,036.73  –  Principal portion: $880.90

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $60,126.83 $10,884.69 $938,546.31
2 $59,413.33 $11,598.19 $926,948.12
3 $58,653.06 $12,358.46 $914,589.66
4 $57,842.96 $13,168.56 $901,421.10
5 $56,979.75 $14,031.77 $887,389.33
6 $56,059.96 $14,951.56 $872,437.77
7 $55,079.87 $15,931.65 $856,506.12
8 $54,035.54 $16,975.98 $839,530.14
9 $52,922.75 $18,088.77 $821,441.37
10 $51,737.02 $19,274.50 $802,166.88
11 $50,473.57 $20,537.95 $781,628.92
12 $49,127.29 $21,884.23 $759,744.69
13 $47,692.76 $23,318.76 $736,425.94
14 $46,164.20 $24,847.32 $711,578.62
15 $44,535.44 $26,476.08 $685,102.54
16 $42,799.92 $28,211.60 $656,890.95
17 $40,950.63 $30,060.89 $626,830.06
18 $38,980.12 $32,031.40 $594,798.65
19 $36,880.44 $34,131.08 $560,667.57
20 $34,643.12 $36,368.40 $524,299.18
21 $32,259.15 $38,752.37 $485,546.81
22 $29,718.91 $41,292.61 $444,254.19
23 $27,012.15 $43,999.37 $400,254.82
24 $24,127.96 $46,883.56 $353,371.26
25 $21,054.71 $49,956.81 $303,414.44
26 $17,780.00 $53,231.51 $250,182.93
27 $14,290.64 $56,720.88 $193,462.05
28 $10,572.55 $60,438.97 $133,023.08
29 $6,610.74 $64,400.78 $68,622.30
30 $2,389.22 $68,622.30 $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 Madison Avenue Historic District Morristown, NJ


1500 sqft3900 sqft
Ø selling price$627,784$1,335,466
Ø fast selling$570,712$1,201,920
Ø high price sale$684,855$1,469,013

In 2026, houses in Madison Avenue Historic District Morristown, NJ will be offered at an average price of $326 per square foot. A 1,500 sqft home priced at $627,784 is 24.40% more expensive per square foot than a 3,900 sqft home priced at $1,335,466. Home prices in Madison Avenue Historic District 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 $924,554. Sellers who can wait longer may achieve a higher price of up to $1,130,010.

FAQ – Home Values in Madison Avenue Historic District Morristown

What is the median home value in Madison Avenue Historic District Morristown in 2026?

In 2026, the typical home value in Madison Avenue Historic District Morristown is about $949,431 for an average home size of 3096 square feet. This corresponds to an average price of roughly $326 per square foot.

What is the average cost per square foot in Madison Avenue Historic District Morristown?

In 2026, homes in Madison Avenue Historic District Morristown sell for an average of around $326 per square foot, with a typical range between $309.7 and $342.3 per square foot, depending on the property’s location, condition, and lot size.

What is the average home size in Madison Avenue Historic District?

The average home size in Madison Avenue Historic District Morristown is about 3096 square feet, with an estimated 2026 value around $949,431.



Neighborhoods close to Madison Avenue Historic District 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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