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    Morristown, NJ
    Residential

    Morristown, NJ Residential Land & Home Lots for Sale

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    Morris Plains, NJ Cedar Knolls, NJ Whippany, NJ Madison, NJ Parsippany Troy Hills, NJ Chatham Twp, NJ Florham Park, NJ Mendham, NJ
    6 properties
    Lots and Land, Mendham Twp., NJ
    Updated: Sep 12
    Lots and Land, Mendham Twp., NJ

    Morristown, NJ 07960

    $369,000
    0.44 AC lot
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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
    Residential Building Lot Near Downtown

    Morristown, NJ 07960

    $325,000
    0.57 AC lot

    Large lot near downtown Morristown for building a dream home.

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    Realmo Analytics Monitor Off-market properties and contact owners who are ready to sell. Many signals applied to make quality leads for you. Get Leads
    LAND
    LAND

    Morristown, NJ 07960

    $399,000

    Residential land & home lots

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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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    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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    Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 6 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.

    Residential Development Land Parcel
    Residential Development Land Parcel

    19 Exmoor Dr, Mendham, NJ 07945

    $1,250,000

    Building-ready residential homesite with improvements in place and currently farm assessed land.

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    Land
    Land

    17 Exmoor Dr, Mendham, NJ 07945

    $1,150,000

    Residential land & home lots

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    LAND
    LAND

    1329 Sussex Tpke, Randolph, NJ 07869

    $675,000

    Residential land & home lots

    View details
    Residential Building Lot
    Residential Building Lot

    44 Shongum Road, Randolph, NJ 07869

    $229,000

    Residential land sale requiring engineering and a house placement plan before local permits can be issued.

    View details

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

    Explore 6 residential land & home lots for sale in Morristown, NJ, showcased through 6 active listings on our real estate platform. These investment opportunities span a total of 66,525 square feet of properties for sale, with an estimated market value of $1,793,000.

    Sale prices for home sites in Morristown, NJ start at $325,000, averaging $358,600, and reaching up to $399,000 — 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 4

    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 $358.6K

    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)

    How Realmo verifies these figures

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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.

    RE/MAX SELECT
    One Madison Ave - East Bldg. Morristown, NJ 07960
    Phone: (973) 539-6300
    Keller Williams Realty Metropolitan
    55 Madison Ave, Suite 120 Morristown, NJ 07960
    Phone: (973) 539-1120
    kwmetropolitan.yourkwoffice.com
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