Home buying is slowing as a result of high prices, which may put down pressure on New Jersey home prices. North Jersey-area home prices, for example, fell 1% in May 2022, making houses for sale high in demand.
According to Niche, Morristown, NJ, is one of the best places to live in New Jersey. It's rated highly for public schools, family life, nightlife, diversity, and crime and safety. It was also awarded 12th place for "Best Places to Live in Morris County."
Morristown, NJ's cost of living is around 43% higher than the national average. The median home cost is $717,000, while the median sold price is a little higher at $840,000.
The Dougherty Group believes that everything starts with great service, knowledge of the area and care for our clients. Reach out today and let us help you with your real estate needs!