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ZIP Code 07405

Morris, New Jersey

FIPS 07405

Juniper

ZIP Code 07405 is in the top 11% nationally for appreciation 1yr %, but in the bottom 22% nationally for price-to-income ratio. It also sits in the 91th percentile nationally for median home value. And it sits in the 87th percentile nationally for median rent.

Median Home Value

$569,800

Higher than 91% of U.S. ZIP codes

HPI Growth 5yr %

54%

Higher than 78% of U.S. ZIP codes

FEMA Risk Score

53.4

Lower than 64% of U.S. ZIP codes

The basics

Total Population

17,983

Median Age

41.8

Home values & property tax

Ranked against U.S. ZIP codes.

Median Home Value

$569,800

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

4.22

Higher than 78%

Median Rent

$1,676

Higher than 87%

Home prices & appreciation

Ranked against U.S. ZIP codes.

HPI Growth 5yr %

54%

Higher than 78%

Appreciation 1yr %

6.9%

Higher than 89%

Pandemic Gain %

29%

Recession Drop %

-22%

Climate & weather

Ranked against U.S. ZIP codes.

Summer Avg High (°F)

80.7

Winter Avg Low (°F)

21

Avg Temperature (°F)

50

Hot Days/yr (>90°F)

9.7

Freezing Days/yr (<32°F)

137.8

Annual Precipitation (in)

52.2

Annual Snowfall (in)

28.1

Flood & disaster risk

Ranked against U.S. ZIP codes.

FEMA Risk Score

53.4

Lower than 64%

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 07405: frequently asked questions

What is the median home value in ZIP Code 07405?
The median home value in ZIP Code 07405 is $569,800, higher than 91% of U.S. ZIP codes.
How much is property tax in ZIP Code 07405?
The median annual property tax in ZIP Code 07405 is $10,001, an effective rate of 2% of home value.
Is ZIP Code 07405 expensive to live in?
Homes in ZIP Code 07405 cost about 4.22× the median household income, higher than 78% of U.S. ZIP codes.
What is the average rent in ZIP Code 07405?
The median gross rent in ZIP Code 07405 is $1,676 a month, higher than 87% of U.S. ZIP codes.
How much have home prices grown in ZIP Code 07405?
Home prices in ZIP Code 07405 have moved 54% over the past five years (6.9% in the past year), per the FHFA House Price Index.
What is the weather like in ZIP Code 07405?
ZIP Code 07405 averages 50°F year-round, summer highs near 80.7°F, winter lows around 21°F (NOAA 1991–2020 normals). It sees about 28.1 inches of snow a year.
Is ZIP Code 07405 at risk of flooding or natural disasters?
ZIP Code 07405's FEMA National Risk Index score is 53.4 (lower than 64% of U.S. ZIP codes). Its greatest modeled natural hazard is tornado.

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