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ZIP Code 07440

Morris, New Jersey

FIPS 07440

Juniper

ZIP Code 07440 is in the top 13% nationally for appreciation 1yr %, but in the bottom 25% nationally for price-to-income ratio. It also sits in the 91th percentile nationally for median home value. And it sits in the bottom 28% nationally for FEMA risk score.

Median Home Value

$591,500

Higher than 91% of U.S. ZIP codes

HPI Growth 5yr %

41%

Higher than 63% of U.S. ZIP codes

FEMA Risk Score

81.5

Higher than 72% of U.S. ZIP codes

The basics

Total Population

4,670

Median Age

41.3

Home values & property tax

Ranked against U.S. ZIP codes.

Median Home Value

$591,500

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

4.02

Higher than 75%

Median Rent

$950

Higher than 56%

Home prices & appreciation

Ranked against U.S. ZIP codes.

HPI Growth 5yr %

41%

Higher than 63%

Appreciation 1yr %

6%

Higher than 87%

Pandemic Gain %

33%

Recession Drop %

-24%

Climate & weather

Ranked against U.S. ZIP codes.

Summer Avg High (°F)

83.1

Winter Avg Low (°F)

24.9

Avg Temperature (°F)

53.1

Hot Days/yr (>90°F)

21.2

Freezing Days/yr (<32°F)

108.2

Annual Precipitation (in)

44.9

Annual Snowfall (in)

28.1

Flood & disaster risk

Ranked against U.S. ZIP codes.

FEMA Risk Score

81.5

Higher than 72%

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 07440: frequently asked questions

What is the median home value in ZIP Code 07440?
The median home value in ZIP Code 07440 is $591,500, higher than 91% of U.S. ZIP codes.
How much is property tax in ZIP Code 07440?
The median annual property tax in ZIP Code 07440 is $10,001, an effective rate of 2% of home value.
Is ZIP Code 07440 expensive to live in?
Homes in ZIP Code 07440 cost about 4.02× the median household income, higher than 75% of U.S. ZIP codes.
What is the average rent in ZIP Code 07440?
The median gross rent in ZIP Code 07440 is $950 a month, higher than 56% of U.S. ZIP codes.
How much have home prices grown in ZIP Code 07440?
Home prices in ZIP Code 07440 have moved 41% over the past five years (6% in the past year), per the FHFA House Price Index.
What is the weather like in ZIP Code 07440?
ZIP Code 07440 averages 53.1°F year-round, summer highs near 83.1°F, winter lows around 24.9°F (NOAA 1991–2020 normals). It sees about 28.1 inches of snow a year.
Is ZIP Code 07440 at risk of flooding or natural disasters?
ZIP Code 07440's FEMA National Risk Index score is 81.5 (higher than 72% 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 →