Home prices
Morris Plains's median home price is $517,500. In comparison to the surrounding areas it is roughly $92,880 (21%) higher.Compared to the US as a whole it is approximately $300,000 (137%) higher, and it is approximately $88,500 (14%) lower in comparison to the city of New York.
Rents
The median rent in Morris Plains is $2,524 a month. It is about $1,076 (74%) higher in comparison to other places in this area.Compared to the country as a whole it is about $1,462 (137%) higher, and it is approximately $1,081 (74%) higher in comparison to the city of New York.
Nearby places
Morristown
Morristown is approximately 2 miles south from Morris Plains. Its real estate prices are a little less expensive. The median home in Morristown is valued at $472,000, which works out to $45,500 (9%) lower than Morris Plains. Rent there is a lot less expensive. The median monthly rent in Morristown is $1,729, which comes out to $795 (45%) lower than Morris Plains.
Victory Gardens
Victory Gardens is roughly 3 miles northwest of Morris Plains. Its real estate prices are a lot less expensive. Victory Gardens's median home price is $171,100, which works out to $346,400 (202%) lower than Morris Plains. Rent there is a lot less expensive. The median rent in Victory Gardens is $1,229 a month, which works out to $1,295 (105%) lower than Morris Plains.
Mountain Lakes
Mountain Lakes is approximately 4 miles northeast from Morris Plains. Its housing prices are significantly more expensive. Mountain Lakes's median home cost is $867,200, which is $349,700 (40%) higher than Morris Plains. Rent there is significantly less expensive. Mountain Lakes's median rent is $1,454 per month, which is $1,070 (73%) lower than Morris Plains.
Rockaway
Rockaway is approximately 4 miles north from Morris Plains. The housing prices there are substantially less expensive. The value of the median home in Rockaway is $344,800, which comes out to $172,700 (50%) lower than Morris Plains. Rents there are significantly less expensive. Rockaway's median rent is $1,367 a month, which comes out to $1,157 (84%) lower than Morris Plains.
Dover
Dover is approximately 4 miles northwest from Morris Plains. Housing prices there are significantly less expensive. The median home in Dover is valued at $268,000, which works out to $249,500 (93%) lower than Morris Plains. The rent there is significantly less expensive. In Dover the median monthly rent is $1,461, which comes out to $1,063 (72%) lower than Morris Plains.
