RentYield Atlas

ZIP 07960 — Morristown, NJ: rental yield & market data

Gross rental yield of 3.76% — ranked #248 of 275 New Jersey ZIP codes. June 2026 data.

Gross rental yield
3.76%
Home value
$918,560
Market rent / mo
$2,876
Price-to-rent
26.6

Trend

Metric1-year change5-year change
Home value+5.7% +34.6%
Market rent+2.0% +27.0%

Metro: New York-Newark-Jersey City, NY-NJ-PA · County: Morris County · Annual rent: $34,512

Comparable ZIP codes in New Jersey

Similar home values, sorted by yield — the cheapest way to see if 07960 is actually the better buy.

ZIPCitySTHome valueRent/moYieldP/RValue 1y
07746MarlboroNJ$901,010$5,3007.06%14.2+1.9%
07310Jersey CityNJ$916,715$4,5505.96%16.8+12.3%
07645MontvaleNJ$943,118$4,2575.42%18.5+5.0%
07302Jersey CityNJ$903,901$3,8485.11%19.6-0.1%
07920Basking RidgeNJ$947,125$3,8054.82%20.7+4.0%
07675River ValeNJ$931,238$3,4474.44%22.5+6.6%
08542PrincetonNJ$927,383$3,2584.22%23.7+4.1%
07058Pine BrookNJ$931,967$2,9163.75%26.6+3.9%

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