NJLiving Hub
Compare towns

Morristown vs Newark, NJ

Property taxes, schools, NJ Transit pass and monthly cost for Morristown and Newark, side by side with sources.

At a glance

  • Lower tax billNewark, $7,641 a year
    More info

    Newark has the lower 2025 average residential tax bill: $7,641 a year, $3,540 less than $11,181 in Morristown. Newark is below the NJ average of $10,340 and Morristown is above it.

  • Median sale priceNewark $440,000 vs Morristown $725,000
    More info

    The median single-family sale price is $440,000 in Newark and $725,000 in Morristown, $285,000 more (GSMLS, 2025 closed sales).

  • Monthly cost estimateNewark $3,260 vs Morristown $5,446
    More info

    On the site's monthly cost estimate (mortgage, property tax and NJ Transit pass, each on the town's median single-family sale price), Newark comes to $3,260 a month and Morristown to $5,446, a gap of $2,186.

  • Peak commuteMorristown 59 min vs Newark 18 min
    More info

    Peak commute is 59 minutes in Morristown and 18 minutes in Newark, 41 minutes shorter in Newark.

  • NJ Transit passNewark $184 vs Morristown $477
    More info

    The NJ Transit monthly pass to NY Penn is $184 in Newark and $477 in Morristown, $293 more.

  • Higher school resultsMorristown: ELA, math; Newark: 4-year graduation
    More info

    On the district results, Morristown's district is higher on ELA (59.6% vs 34.3%) and math (42.5% vs 22.0%); Newark's district is higher on 4-year graduation (90.0% vs 85.8%).

Figures are from the data file, version 2.4.2. Estimates are labeled. Sources and dates are in each section below. Add a third town in the compare tool.

Monthly cost

Estimated monthly cost Estimate

  • Mortgage (principal and interest)
  • Property tax
  • NJ Transit pass
  • Morristown$5,446 / monthMortgage $3,953 · Property tax $1,016 · NJ Transit pass $477 · on a $725,000 median single-family home
  • Newark$3,260 / monthMortgage $2,399 · Property tax $676 · NJ Transit pass $184 · on a $440,000 median single-family home
More info

Each town uses its own headline median sale price, single-family unless the town's label says otherwise (GSMLS, 2025 closed sales), and its 2025 effective tax rate. Mortgage is the monthly mortgage in the data: Principal & interest only; excludes taxes and insurance. Calculated at a 7.24% 30-year fixed rate, 20% down, 30-year term. Excludes insurance, utilities, maintenance and HOA fees. Change the numbers in the calculator.

Sources: GSMLS (As of 2025) · Freddie Mac PMMS (Updated October 2026) · NJ Division of Taxation (Updated January 2026) · NJ Transit (Updated July 2026)

Home prices

Median sale price, single-family

Median sale price, condo / townhouse

Monthly mortgage

More info

Principal & interest only; excludes taxes and insurance. Based on the single-family median unless a town's row says otherwise.

Source: GSMLS, 2025 closed sales

Property taxes

Average residential tax bill, 2025

  • Morristown$11,181 / year$841 above the NJ average
  • Newark$7,641 / year$2,699 below the NJ average
  • NJ average$10,340 / yearState total, same series as the town bills
More info

Bills compare better than raw tax rates, because towns assess homes at different shares of market value.

Sources: NJ Division of Taxation (Updated February 2026)

Schools

Meeting ELA standards

Meeting math standards

4-year graduation rate

Chronic absenteeism

Student:teacher ratio

DistrictsMorristown: Morris School DistrictNewark: Newark Public School DistrictDistrict-wide results for all students. The NJ state line is the statewide figure.

Sources: NJDOE (2024-25 school year, published May 2026)

Commute

NJ Transit adult monthly pass to NY Penn

Peak commute time

  • Morristown59 min
    More info

    Typical from Morristown: 65.5 min, median trip time of the scheduled trips arriving 7:00-9:00 AM on Wed 2026-11-18 (one itinerary per departure; dominated options excluded). Based on 6 trips.

  • Newark18 min
    More info

    Typical from Newark Penn Station: 20 min, median trip time of the scheduled trips arriving 7:00-9:00 AM on Wed 2026-11-18 (one itinerary per departure; dominated options excluded). Based on 19 trips.

Sources: NJ Transit (Updated July 2026) · NJ Transit GTFS (via Mobility Database) (Scheduled service Nov 18, 2026)

Full pages: Morristown · Newark. Find a local expert if you want help weighing these two towns.

NJ town data in your inbox

Get NJ town data and market updates. Unsubscribe anytime.