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$745,000
Median Sale Price
0.3% MoM
21.7% YoY
5/202435
Homes Sold
75.0% MoM
84.2% YoY
5/20240.2
Months Inventory
49.2% MoM
YoY
5/202417
Days on Market
38 MoM
4 YoY
5/20248
Listings
11.1% MoM
55.6% YoY
5/2024106.1%
Sale Price to List Price
4.2% MoM
2.0% YoY
5/2024
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.