What the Pros Know
Market Snapshot
Zip Code 7045 | Morris County, NJ
10,240
Population
YoY
202251
Median Age
YoY
2022$163,047
Median Household Income
YoY
2022$855,000
Median Sale Price
2.9% MoM
10.2% YoY
6/202541
Homes Sold
2.4% MoM
46.4% YoY
6/20250.4
Months Inventory
8.9% MoM
188.8% YoY
6/202542
Days on Market
5 MoM
26 YoY
6/202516
Listings
11.1% MoM
6.7% YoY
6/2025383
Price per Sq Ft
14.3% MoM
0% YoY
6/2025
See 7045 on Zillow
1. Population Data from U.S. Census Bureau.
2. Sales Data provided by Redfin, a national real estate brokerage.
MoM = Month over Month. The percentage change from the previous month to the current month.
YoY = Year over Year. The percentage change from the same period the previous year to the current period.