Morris Plains, NJ
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    Morris Plains, NJ Residential Land & Home Lots for Sale

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    Morristown, NJ Cedar Knolls, NJ Denville, NJ
    Prime Development Opportunity in Morristown
    $899,900
    5.25 Acres
    Prime Development Opportunity in Morristown

    Morris Plains, NJ 07950

    5.25-acre parcel near Route 10, ideal for development.
    • Prime 5.25‑acre development opportunity in a highly desirable location.
    • Immediate access to major highways, shopping, dining, and NYC transportation via Route 10.
    • Versatile layout supports various development concepts (residential, townhomes, multi‑unit, mixed‑use - subject to approvals).
    • Strong surrounding demographics and high demand for quality housing.
    • Front third of the property contains wetlands, offering natural privacy and scenic buffers.
    Updated: Jan 30
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    Prime Development Opportunity in Parsippany
    $799,000
    5.25 Acres
    Prime Development Opportunity in Parsippany

    Morris Plains, NJ 07950

    5.25-acre parcel for builders, investors, and developers.
    • 5.25‑acre development opportunity in a highly desirable location.
    • Immediate access to Route 10, major highways, shopping, dining, and NYC transportation.
    • Versatile layout supports various development concepts (residential, townhomes, multi‑unit, mixed‑use).
    • Strong surrounding demographics and high demand for quality housing.
    • Wetlands provide natural privacy and scenic buffers.
    Updated: Jan 7
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    Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 2 Active listings in Morris Plains, NJ, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Vacant Residential Lot
    $300,000
    0.35 Acres
    Vacant Residential Lot

    Build-ready residential lot with public utilities available at the street in a sought-after Denville area.

    44a Beaver Brook Ln, Denville, NJ 07834

    View details
    Residential Land in Denville Township
    $179,900
    6.70 Acres
    Residential Land in Denville Township

    6.7 acre residential land for sale in Denville Township.

    44 Shongum Rd, Denville, NJ 07834

    View details
    Undeveloped Land in Mine Hill
    $159,000
    3.30 Acres
    Undeveloped Land in Mine Hill

    3.3 acres of land perfect for a dream home.

    U.S. 46, Mine Hill, NJ 07803

    View details
    Approved Building Lot Available
    $200,000
    Approved Building Lot Available

    Building lot for a dream home, close to highways.

    5Th Ave, Mine Hill, NJ 07803

    View details

    Morris Plains, NJ Residential Land & Home Lots Investment Opportunities Market Analysis

    Explore 2 residential land & home lots for sale in Morris Plains, NJ on our real estate platform. These investment opportunities span a total of 0 square feet of properties for sale, with an estimated market value of $1,698,900.

    Sale prices for home sites in Morris Plains, NJ start at $799,000, averaging $849,450, and reaching up to $899,900 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Commercial land 3
    Residential land & home lots 2

    Demographics Overview

    Population 22K
    Population Growth (5Y) +12.7%
    Median Household Income $148,469
    College Educated 96.6%

    High-Yield Neighborhoods for Investment

    Identify Morris Plains submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    07950 $849.5K

    Taxes & Financing

    Tax Rate (average for all types) 2.77%
    Property Tax per SF $29.75 per SF
    Tax Rate vs County Average 0.25 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Morris County

    New Delisted

    Total CRE Inventory on Market (SF)

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