House Prices

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


Average Data

average house price$852,788
average size per house2781 ft²
average price per ft²293 $ / ft²

05/22/2026 - The value range (VR) for house prices in Ridgedale Avenue Historic District Morristown, NJ is $278.35/ sqft to $307.65/ sqft. An average home with 2781 sqft costs approximately $737,710 to $815,363. 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 $293. Our analysis is based on 10 property listings.

Avergage prices by ZIP codes Ridgedale Avenue Historic District Morristown

07960435 $ / ft²




Historical development of home values in Ridgedale Avenue Historic District Morristown

Year Estimated value (USD) Change vs. 2025
2010 $396,050 -53.6%
2011 $380,735 -55.4%
2012 $379,710 -55.5%
2013 $393,902 -53.8%
2014 $413,489 -51.5%
2015 $434,711 -49.0%
2016 $457,397 -46.4%
2017 $482,084 -43.5%
2018 $508,737 -40.3%
2019 $532,326 -37.6%
2020 $559,845 -34.4%
2021 $636,763 -25.3%
2022 $742,323 -13.0%
2023 $782,814 -8.2%
2024 $828,100 -2.9%
2025 $852,788 0.0%

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



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

Loan amount: $852,788

Interest rate: 5.72%

Fixed monthly payment: $4,959.32

Breakdown in the 1st month:
Interest portion: $4,063.53  –  Principal portion: $895.78

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $48,476.18 $11,035.62 $841,752.38
2 $47,828.36 $11,683.44 $830,068.93
3 $47,142.51 $12,369.29 $817,699.64
4 $46,416.40 $13,095.40 $804,604.24
5 $45,647.67 $13,864.14 $790,740.10
6 $44,833.81 $14,678.00 $776,062.10
7 $43,972.17 $15,539.63 $760,522.47
8 $43,059.95 $16,451.85 $744,070.62
9 $42,094.19 $17,417.62 $726,653.00
10 $41,071.73 $18,440.08 $708,212.92
11 $39,989.25 $19,522.56 $688,690.37
12 $38,843.22 $20,668.58 $668,021.78
13 $37,629.92 $21,881.88 $646,139.90
14 $36,345.40 $23,166.41 $622,973.50
15 $34,985.47 $24,526.33 $598,447.16
16 $33,545.71 $25,966.09 $572,481.07
17 $32,021.43 $27,490.37 $544,990.70
18 $30,407.68 $29,104.13 $515,886.57
19 $28,699.19 $30,812.62 $485,073.96
20 $26,890.41 $32,621.40 $452,452.56
21 $24,975.45 $34,536.36 $417,916.21
22 $22,948.07 $36,563.73 $381,352.47
23 $20,801.69 $38,710.12 $342,642.36
24 $18,529.30 $40,982.50 $301,659.86
25 $16,123.52 $43,388.28 $258,271.57
26 $13,576.52 $45,935.29 $212,336.29
27 $10,880.00 $48,631.81 $163,704.48
28 $8,025.18 $51,486.62 $112,217.86
29 $5,002.78 $54,509.02 $57,708.84
30 $1,802.96 $57,708.84 $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 Ridgedale Avenue Historic District Morristown, NJ


1500 sqft3900 sqft
Ø selling price$506,801$1,078,104
Ø fast selling$460,728$970,293
Ø high price sale$552,874$1,185,914

In 2026, houses in Ridgedale Avenue Historic District Morristown, NJ will be offered at an average price of $293 per square foot. A 1,500 sqft home priced at $506,801 is 21.92% more expensive per square foot than a 3,900 sqft home priced at $1,078,104. Home prices in Ridgedale 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 $746,380. Sellers who can wait longer may achieve a higher price of up to $912,242.

FAQ – Home Values in Ridgedale Avenue Historic District Morristown

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

In 2026, the typical home value in Ridgedale Avenue Historic District Morristown is about $852,788 for an average home size of 2781 square feet. This corresponds to an average price of roughly $293 per square foot.

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

In 2026, homes in Ridgedale Avenue Historic District Morristown sell for an average of around $293 per square foot, with a typical range between $278.35 and $307.65 per square foot, depending on the property’s location, condition, and lot size.

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

The average home size in Ridgedale Avenue Historic District Morristown is about 2781 square feet, with an estimated 2026 value around $852,788.



Neighborhoods close to Ridgedale 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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