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    Morris Plains, NJ Residential Land & Home Lots for Sale

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    $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 1 Potential Opportunities for your consideration. Besides 1 Active listings in Morris Plains, NJ, we suggest exploring several alternatives:

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

    Explore 1 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 $799,000.

    Sale prices for home sites in Morris Plains, NJ start at $799,000, averaging $799,000, and reaching up to $799,000 — 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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    Operating Costs & Financing

    Morris Plains property taxes are above the county average by 0.25 percentage points. Average Loan-to-Value is 65.0%.

    Effective Property Tax $29.75 per sq ft
    Tax Rate 2.77%
    Tax Rate vs County Average 0.25 pp above county avg
    Avg Loan-to-Value 65.0%

    Leading Commercial Asset Segments

    Commercial land 3
    Residential land & home lots 1

    Morris Plains Demographics Overview

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

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