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ZIP Code 07005

Morris, New Jersey

FIPS 07005

Juniper

ZIP Code 07005 is in the top 10% nationally for appreciation 1yr %, but in the bottom 20% nationally for price-to-income ratio. It also sits in the 91th percentile nationally for median rent. And it sits in the 91th percentile nationally for median home value.

Median Home Value

$587,100

Higher than 91% of U.S. ZIP codes

HPI Growth 5yr %

53%

Higher than 77% of U.S. ZIP codes

FEMA Risk Score

77.1

Higher than 66% of U.S. ZIP codes

The basics

Total Population

15,307

Median Age

41.5

Home values & property tax

Ranked against U.S. ZIP codes.

Median Home Value

$587,100

Higher than 91%

Median Property Tax

$10,001

Effective Tax Rate

2%

Cost of living & affordability

Ranked against U.S. ZIP codes.

Price-to-Income Ratio

4.43

Higher than 80%

Median Rent

$1,869

Higher than 91%

Home prices & appreciation

Ranked against U.S. ZIP codes.

HPI Growth 5yr %

53%

Higher than 77%

Appreciation 1yr %

7.2%

Higher than 90%

Pandemic Gain %

33%

Recession Drop %

-20%

Climate & weather

Ranked against U.S. ZIP codes.

Summer Avg High (°F)

83.2

Winter Avg Low (°F)

22.9

Avg Temperature (°F)

51.8

Hot Days/yr (>90°F)

16.2

Freezing Days/yr (<32°F)

123.9

Annual Precipitation (in)

49.2

Annual Snowfall (in)

28.1

Flood & disaster risk

Ranked against U.S. ZIP codes.

FEMA Risk Score

77.1

Higher than 66%

The full report

Six pillars — each with percentile benchmarks, 16-year trends, and per-metric detail.

  • People

  • Work & Money

  • Housing

  • Amenities

  • Environment & Risk

ZIP Code 07005: frequently asked questions

What is the median home value in ZIP Code 07005?
The median home value in ZIP Code 07005 is $587,100, higher than 91% of U.S. ZIP codes.
How much is property tax in ZIP Code 07005?
The median annual property tax in ZIP Code 07005 is $10,001, an effective rate of 2% of home value.
Is ZIP Code 07005 expensive to live in?
Homes in ZIP Code 07005 cost about 4.43× the median household income, higher than 80% of U.S. ZIP codes.
What is the average rent in ZIP Code 07005?
The median gross rent in ZIP Code 07005 is $1,869 a month, higher than 91% of U.S. ZIP codes.
How much have home prices grown in ZIP Code 07005?
Home prices in ZIP Code 07005 have moved 53% over the past five years (7.2% in the past year), per the FHFA House Price Index.
What is the weather like in ZIP Code 07005?
ZIP Code 07005 averages 51.8°F year-round, summer highs near 83.2°F, winter lows around 22.9°F (NOAA 1991–2020 normals). It sees about 28.1 inches of snow a year.
Is ZIP Code 07005 at risk of flooding or natural disasters?
ZIP Code 07005's FEMA National Risk Index score is 77.1 (higher than 66% of U.S. ZIP codes). Its greatest modeled natural hazard is earthquake.

Sources: U.S. Census ACS, FEMA National Risk Index, FHFA House Price Index, OpenStreetMap, EPA. Explore the map →