Real Estate Investing in Morris County, New Jersey
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
46 ZIP codes •
Population: 501,290
Should you buy in Morris County, NJ?
Our answer, based on the numbers below.
🏠For Homebuyers
MIXED
Grade C (68/100)
Mixed — home prices are stretched relative to local incomes. Run the math on your specific situation.
📈For Investors
MIXED
3.0 / 5
(47/100)
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
⚠️Risks to Know
1 flag
Tenant-protective state:
Landlord rating 1.0/5 — slower evictions, more regulations.
What’s happening in Morris County, NJ?
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Investability
County-wide average
Appreciation
6.3% 5yr CAGR
Landlord Climate
Regulatory friendliness
Avg Investability★★★★★
Avg Home Value$774,070
Avg Monthly Rent$2,626
ZIP Codes46
Market Trends — Morris County
County Home Value History
County Rent History
Investing in Morris County Real Estate
This is a distressed-leaning county in New Jersey: Morris has 45 cities, 46 ZIPs, and investment math that only works for investors with genuine local understanding.
A 3.0 rating and a 0.0% 5-year CAGR are the kinds of numbers that warrant real local underwriting. Morris County sits firmly in that category.
Population dynamics in Morris haven't been supportive. a stretch for combined with tepid income growth, the demographic backdrop complicates any purely financial underwriting.
A great house in the wrong ZIP is still a bad deal — screen every market by cash flow & cap rate.
PMI Prime Property Services offers residential, association, and commercial property management in Northern New Jersey, including marketing, tenant screening, and maintenance. summary from their website
Investor Insight: With 1,705 students living off-campus, Morris County has substantial rental demand from the college population — typically stable, lease-renewing tenants.
Filter this county’s ZIPs by cap rate, vacancy, appreciation and 30+ more criteria, and export your shortlist to CSV — with the Investor plan ($19/mo). Add weekly alerts when these markets move with Investor Pro+.
, NJ reports an investability rating of 3.0/5, with median home values near $774K and average rents around $2,626/mo. That combination puts it in the notable tier for investor interest.
Do landlords face vacancy issues in, NJ?
Occupancy in, NJ runs even-keeled with elevated vacancy. Well-priced units at $2,626/mo lease on reasonable timelines.
What do landlords charge for rent in, NJ?
The typical rental in, NJ commands about $2,626/mo monthly. That rent profile even-keeled cash flow against the $774K purchase basis.
What is the tenant pool like in, NJ?
Working renters make up the core of the, NJ tenant base. The pool is reasonable for investors targeting long-term holds.
Community Ratings
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