House Prices

Spring Brook Morristown, NJ House Prices & Home Values 2026


Average Data

average house price$923,481
average size per house3012 ft²
average price per ft²317 $ / ft²

05/22/2026 - The value range (VR) for house prices in Spring Brook Morristown, NJ is $301.15/ sqft to $332.85/ sqft. An average home with 3012 sqft costs approximately $936,090 to $1,034,626. 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 $317. Our analysis is based on 10 property listings.

Avergage prices by ZIP codes Spring Brook Morristown

07960471 $ / ft²




Historical development of home values in Spring Brook Morristown

Year Estimated value (USD) Change vs. 2025
2010 $428,881 -53.6%
2011 $412,296 -55.4%
2012 $411,186 -55.5%
2013 $426,555 -53.8%
2014 $447,766 -51.5%
2015 $470,747 -49.0%
2016 $495,313 -46.4%
2017 $522,047 -43.5%
2018 $550,909 -40.3%
2019 $576,454 -37.6%
2020 $606,254 -34.4%
2021 $689,548 -25.3%
2022 $803,858 -13.0%
2023 $847,706 -8.2%
2024 $896,747 -2.9%
2025 $923,481 0.0%

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



Example: 100% financing house in Spring Brook Morristown

Loan amount: $923,481

Interest rate: 6.19%

Fixed monthly payment: $5,651.24

Breakdown in the 1st month:
Interest portion: $4,765.16  –  Principal portion: $886.08

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $56,874.93 $10,939.97 $912,541.03
2 $56,177.97 $11,636.93 $900,904.10
3 $55,436.60 $12,378.29 $888,525.81
4 $54,648.01 $13,166.89 $875,358.92
5 $53,809.17 $14,005.72 $861,353.19
6 $52,916.90 $14,898.00 $846,455.19
7 $51,967.78 $15,847.12 $830,608.07
8 $50,958.19 $16,856.71 $813,751.37
9 $49,884.29 $17,930.61 $795,820.76
10 $48,741.97 $19,072.93 $776,747.83
11 $47,526.87 $20,288.03 $756,459.80
12 $46,234.36 $21,580.53 $734,879.27
13 $44,859.51 $22,955.38 $711,923.88
14 $43,397.08 $24,417.82 $687,506.06
15 $41,841.47 $25,973.43 $661,532.63
16 $40,186.76 $27,628.14 $633,904.49
17 $38,426.63 $29,388.27 $604,516.22
18 $36,554.36 $31,260.54 $573,255.69
19 $34,562.82 $33,252.08 $540,003.61
20 $32,444.40 $35,370.50 $504,633.11
21 $30,191.02 $37,623.87 $467,009.24
22 $27,794.09 $40,020.81 $426,988.43
23 $25,244.45 $42,570.45 $384,417.97
24 $22,532.37 $45,282.53 $339,135.45
25 $19,647.52 $48,167.38 $290,968.07
26 $16,578.88 $51,236.02 $239,732.05
27 $13,314.74 $54,500.16 $185,231.89
28 $9,842.65 $57,972.25 $127,259.65
29 $6,149.36 $61,665.53 $65,594.11
30 $2,220.78 $65,594.11 $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 Spring Brook Morristown, NJ


1500 sqft3900 sqft
Ø selling price$593,767$1,263,103
Ø fast selling$539,788$1,136,793
Ø high price sale$647,746$1,389,414

In 2026, houses in Spring Brook Morristown, NJ will be offered at an average price of $317 per square foot. A 1,500 sqft home priced at $593,767 is 23.74% more expensive per square foot than a 3,900 sqft home priced at $1,263,103. Home prices in Spring Brook 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 $874,456. Sellers who can wait longer may achieve a higher price of up to $1,068,780.

FAQ – Home Values in Spring Brook Morristown

What is the median home value in Spring Brook Morristown in 2026?

In 2026, the typical home value in Spring Brook Morristown is about $923,481 for an average home size of 3012 square feet. This corresponds to an average price of roughly $317 per square foot.

What is the average cost per square foot in Spring Brook Morristown?

In 2026, homes in Spring Brook Morristown sell for an average of around $317 per square foot, with a typical range between $301.15 and $332.85 per square foot, depending on the property’s location, condition, and lot size.

What is the average home size in Spring Brook?

The average home size in Spring Brook Morristown is about 3012 square feet, with an estimated 2026 value around $923,481.



Neighborhoods close to Spring Brook 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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