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    Morristown, NJ
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    Morristown, NJ Residential Land & Home Lots for Sale

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    Lots and Land, Morris Twp., NJ
    Updated: Sep 10, 2025
    Lots and Land, Morris Twp., NJ

    Morristown, NJ 07960

    $350,000
    0.52 AC lot
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    Residential Building Lot Near Downtown
    Updated: Jan 29
    Residential Building Lot Near Downtown

    Morristown, NJ 07960

    $325,000
    0.57 AC lot
    Large .57 acre building lot.
    Less than 1.5 miles to downtown Morristown.
    Opportunity to design and build a custom home.
    Deep lot dimensions.
    Ideal for creating a dream home.
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    Residential Land Near Morristown Green
    Residential Land Near Morristown Green

    Morristown, NJ 07960

    $350,000

    0.68-acre lot ready for custom home near NYC train.

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    See what stands out in Morris County

    We check every for-sale listing in the county against comparable properties across the country. Most price about where you would expect. A few are worth a second look.

    We check every listing here. A few are worth a second look.

    Cap Rate available after sign in
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    Local Demand available after sign in
    Residential Land in Butterworth Farms
    Residential Land in Butterworth Farms

    Morristown, NJ 07960

    Contact for pricing

    Subdividable land in Morris Township, close to amenities.

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    Lots And Land
    Lots And Land

    31 Sand Spring Lane, Morristown, NJ 07960

    $2,000,000

    Residential land & home lots

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    Residential Building Lot For Sale
    Residential Building Lot For Sale

    Morristown, NJ 07960

    $350,000

    Residential building lot available in Morris Twp., NJ.

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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Mixed-Use Development Lot
    Mixed-Use Development Lot

    76 Ridgedale Ave, Morristown, NJ 07960

    Contact for pricing

    Commercial, mixed-use and RA-15 zoned lot with capacity for up to three units pending town approvals.

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    Based on your search, we've compiled 11 Potential Opportunities for your consideration. Besides 7 Active listings in Morristown, 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.

    Prime Development Opportunity in Morristown
    Prime Development Opportunity in Morristown

    Morris Plains, NJ 07950

    $899,900

    5.25-acre parcel near Route 10, ideal for development.

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    LAND - Hanover Township, NJ
    LAND - Hanover Township, NJ

    Cedar Knolls, NJ 07927

    $100,000
    0.20 AC lot

    Land · 0.20 Acres

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    Development Land with Wetlands Area
    Development Land with Wetlands Area

    739 Mountain Way, Morris Plains, NJ 07950

    $899,900

    5.25-acre development parcel with wetlands in the front third and access just off Route 10.

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    Vacant Land
    Vacant Land

    Cedar Knolls, NJ 07927

    $100,000

    Residential land & home lots

    View details

    Morristown, NJ Residential Land & Home Lots Market Trends and Statistics

    Explore 7 residential land & home lots for sale in Morristown, NJ, showcased through 7 active listings on our real estate platform. These investment opportunities span a total of 47,358 square feet of properties for sale, with an estimated market value of $3,375,000.

    Sale prices for home sites in Morristown, NJ start at $325,000, averaging $675,000, and reaching up to $2,000,000 — 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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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Residential land & home lots 7

    Demographics Overview

    Population 47K
    Population Growth (5Y) +2.8%
    Median Household Income $149,462
    College Educated 65.1%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    07960 $596.4K

    Taxes & Financing

    Tax Rate (average for all types) 2.17%
    Property Tax per SF $13.37 per SF
    Tax Rate vs County Average 0.35 pp below 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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    Popular Searches in Morristown, NJ

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    Most Searched ZIP Codes in Morristown, NJ

    • 07960

    Featured Morristown Real Estate Agencies

    Realmo connects you with licensed Morristown CRE brokers providing property specifications, local market pricing, and commercial transaction underwriting support.

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    One Madison Ave - East Bldg. Morristown, NJ 07960
    Phone: 19735396300

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