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ZIP Code 07054

Morris, New Jersey

FIPS 07054

Juniper

ZIP Code 07054 is in the top 11% nationally for appreciation 1yr %, but in the bottom 11% nationally for price-to-income ratio. It also sits in the 91th percentile nationally for median home value. And it sits in the 88th percentile nationally for median rent.

Median Home Value

$587,000

Higher than 91% of U.S. ZIP codes

HPI Growth 5yr %

49%

Higher than 71% of U.S. ZIP codes

FEMA Risk Score

59.6

Lower than 57% of U.S. ZIP codes

The basics

Total Population

29,480

Median Age

41.8

Home values & property tax

Ranked against U.S. ZIP codes.

Median Home Value

$587,000

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

5.63

Higher than 89%

Median Rent

$1,731

Higher than 88%

Home prices & appreciation

Ranked against U.S. ZIP codes.

HPI Growth 5yr %

49%

Higher than 71%

Appreciation 1yr %

7.1%

Higher than 89%

Pandemic Gain %

34%

Recession Drop %

-18%

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)

24

Flood & disaster risk

Ranked against U.S. ZIP codes.

FEMA Risk Score

59.6

Lower than 57%

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 07054: frequently asked questions

What is the median home value in ZIP Code 07054?
The median home value in ZIP Code 07054 is $587,000, higher than 91% of U.S. ZIP codes.
How much is property tax in ZIP Code 07054?
The median annual property tax in ZIP Code 07054 is $10,001, an effective rate of 2% of home value.
Is ZIP Code 07054 expensive to live in?
Homes in ZIP Code 07054 cost about 5.63× the median household income, higher than 89% of U.S. ZIP codes.
What is the average rent in ZIP Code 07054?
The median gross rent in ZIP Code 07054 is $1,731 a month, higher than 88% of U.S. ZIP codes.
How much have home prices grown in ZIP Code 07054?
Home prices in ZIP Code 07054 have moved 49% over the past five years (7.1% in the past year), per the FHFA House Price Index.
What is the weather like in ZIP Code 07054?
ZIP Code 07054 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 24 inches of snow a year.
Is ZIP Code 07054 at risk of flooding or natural disasters?
ZIP Code 07054's FEMA National Risk Index score is 59.6 (lower than 57% 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 →