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Morristown has 7,252 housing units, combining houses, condominiums, and apartments. About 39% of housing units in the town are owner-occupied.
About 76% of owner-occupied housing units in Morristown have a mortgage of one type or another. Approximately 20% of housing units in the town carry a second mortgage or home equity loan.
Mortgage and interest rate quotes for the Morristown area (or anywhere else you choose in the US) are available, without obligation or credit checks:
| Category | Value |
|---|---|
| Homes With No Mortgage | 24% |
| With A Mortgage | 76% |
| First Mortgage Only | 56% |
| Second Mortgage or Home Equity Loan | 20% |
| Second Mortgage Only | 6% |
| Home Equity Loan Only | 14% |
| Category | Value |
|---|---|
| Owner Costs as % of Income | 22.1% |
| Median Real Estate Taxes (2000) | $4,508 |
| Category | Value |
|---|---|
| Total Occupied | 7,252 |
| 1-Person Households | 39% |
| 2-Person Households | 27% |
| 3-Person Households | 12% |
| 4-Person Households | 10% |
| 5-Person Households | 6% |
| 6-Person Households | 2% |
| 7+-Person Households | 4% |
| Category | Value |
|---|---|
| Median Year Built | 1954 |
| Median Year Built (Owner Occupied) | 1951 |
| Median Year Built (Renter Occupied) | 1956 |
| Category | Value |
|---|---|
| Using Utility Co. Gas Heat | 84% |
| Using Bottled/Tank Gas Heat | 0% |
| Using Electric Heat | 1% |
| Using Oil Heat | 14% |
| Using Coal | 0% |
| Using Wood Heating | 0% |
| Using Solar Heat | 0% |
| Other Heating | 1% |
| No Heating | 0% |
| Category | Value |
|---|---|
| No Bedrooms | 0% |
| 1 Bedroom | 10% |
| 2 Bedrooms | 18% |
| 3 Bedrooms | 41% |
| 4 Bedrooms | 21% |
| 5+ Bedrooms | 9% |
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