Morristown vs Newark: Housing
| Morristown | Newark | |
|---|---|---|
| Median Home Value | $567,600 | $373,700 |
| Median Gross Rent | $2,274/mo | $1,392/mo |
| Homeownership Rate | 36.7% | 24.4% |
| Rent as Share of Income | 22.5% | 32.1% |
Source: U.S. Census Bureau, American Community Survey, ACS 2020-2024.