07933 — Morris County, New Jersey Market Snapshot

Housing market data for zip code 07933 in Morris County, New Jersey. Updated monthly with median prices, days on market, and more.

Data as of May 2026

Limited Sales Data

Only 9 homes sold in this ZIP code during the selected period. Statistics may not be representative. See the Morris County county page for broader data.

Market Sales Data

9 sales in 2026 (year to date)

Source: Redfin

Median Sale Price

$701,000

13.1% YoYClosed sales

Days to Sell

27

Median, listing to close

Homes Sold

9

Closed in 2026

Inventory

6

Conforming Loan Available

Most homebuyers in 07933 can comfortably use conventional financing. The median home price of $701,000 is well below the 2026 conforming loan limit of $1,209,750, meaning buyers can put as little as 3-5% down without hitting jumbo loan territory.

Market Insights

Market Temperature

Homes in 07933 are moving quickly at 27 days on market, indicating healthy buyer demand. Well-priced homes are likely seeing multiple offers.

Conforming Loan Feasibility

Most homebuyers in 07933 can comfortably use conventional financing. The median home price of $701,000 is well below the 2026 conforming loan limit of $1,209,750, meaning buyers can put as little as 3-5% down without hitting jumbo loan territory.

Loan limits in 07933 are set at the county level.

2026 Loan Limits — Morris County

Property Units Conforming Limit FHA Limit
1 Unit$1,209,750$1,249,125
2 Units$1,548,975$1,599,375
3 Units$1,872,225$1,933,200
4 Units$2,326,875$2,402,625

Affordability Snapshot — Zip 07933

To purchase the median home at $701,000 with 5% down at today's rate of 6.75%, the estimated monthly payment is approximately $5,521.

Monthly Payment

$5,521

Income Required

$236,607

Principal & Interest

$4,319/mo

Down Payment (5%)

$35,050

Based on 30-year fixed at 6.75%, 1.8% property tax, $1,800/yr insurance, 28% DTI guideline.

Mortgage Calculator

Estimate your monthly payment for a home in 07933.

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Estimated Monthly Payment

$4,488

Principal & Interest$3,637
Property Tax$701
Insurance$150
Loan Amount$560,800
Total Interest$748,642
Income Required$192,357/yr

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