Real Estate details: Paramus NJ vs Morristown IN

RE Insights

Metric Paramus Morristown
Population 26,359 1,187
Median Home Price $570,000 $150,000
Rent 19% 34%
Own 81% 66%

Real Estate Insights Comparison: Paramus vs Morristown

  • Paramus has a larger population of 26,359 compared to 1,187 in Morristown.
  • A higher median home price of $570,000 is found in Paramus compared to $150,000 in Morristown.
  • The rent percentage in Morristown is higher at 34% compared to 19% in Paramus.
  • A greater percentage of homeowners in Paramus at 81% compared to 66% in Morristown.

Environmental Insights

Understanding environmental factors is crucial for assessing the sustainability and quality of life in a city or town. Environmental conditions can vary significantly, influenced by factors such as air quality, green spaces, and local climate. Evaluating these aspects helps in making informed decisions about living and investing in a community.