Morris Plains, NJ Real Estate Market Summary – September 8, 2026
In Morris Plains, NJ, there were 19 homes sold over the last 30 days, with an average living area of 1,573 square feet and an average sale price of $539,331. The market continues with a consistent pace of 1 listing every 1.58 days.
| Metric | 30 Days |
|---|---|
| Number Sold | 19 |
| Sold Per Day | 1 every 1.58 days |
| Average SQFT | 1573 |
| Median Sales Price | $580,000 |
| Average Sales Price | $539,331 |
| Average Price Per SQFT | $123 |
| Average Days on Market | 15 |
| Average Year Built | 1976 |
Morris Plains, NJ Single Family Home Analysis
For single-family homes, 17 properties were sold during the last month, featuring an average living area of 1,412 square feet and an average sale price of $547,046. The average time on the market for these homes was approximately 14 days.
| Metric | 30 Days |
|---|---|
| Number Sold | 17 |
| Sold Per Day | 1 every 1.76 days |
| Average SQFT | 1412 |
| Median Sales Price | $580,000 |
| Average Sales Price | $547,046 |
| Average Price Per SQFT | $2 |
| Average Days on Market | 14 |
| Average Year Built | 1974 |
Morris Plains, NJ Condo & Townhome Analysis
In the condo and townhome segment, 2 units were sold, each with an average living area of 1,896 square feet, and the average sale price was $473,750. These homes had an average market presence of 26 days before being purchased.
| Metric | 30 Days |
|---|---|
| Number Sold | 2 |
| Sold Per Day | 1 every 15.00 days |
| Average SQFT | 1896 |
| Median Sales Price | $473,750 |
| Average Sales Price | $473,750 |
| Average Price Per SQFT | $364 |
| Average Days on Market | 26 |
| Average Year Built | 1993 |
Buyer & Seller Analysis
- Pace of listings is 1 every 1.58 days for the overall market.
- Average days on market for all properties is about 15 days.
- The median sale price across the market is $580,000.
- Note that the prices of homes sold are not disclosed by the state.
Conclusion
Overall, the Morris Plains market shows active engagement, particularly in single-family homes, with a swift turnover time. The limited number of condos may reflect niche demand within the market.