Which ZIP code in Morris County has the highest median home value?

07931 (Far Hills), at $1,165,700 (±$163,925), among 48 ZIP codes with at least 1,000 residents.

Why are some ZIP codes missing?

ZIP codes with fewer than 1,000 residents are left out because their survey estimates swing too much to rank, and so are ZIP codes where the Census Bureau did not publish this figure.

ZIP codes with the highest home values in Morris County, NJ

These are the 25 ZIP codes in Morris County with the highest median home value, out of 48 with at least 1,000 residents. 07931 (Far Hills, $1,165,700), 07928 (Chatham, $1,024,100) and 07940 (Madison, $940,900) lead the list. There is no single "best" ZIP code in Morris County; the right one depends on who you want to reach, so the same ZIP codes are ranked several ways below.

ZIP codes with the highest home values in Morris County

Rank	ZIP	Mailing city	Median home value	Residents	Households	Residential mailboxes
1	07931	Far Hills	$1,165,700 ±$163,925	2,985	1,191	1,209
2	07928	Chatham	$1,024,100 ±$56,644	19,974	6,752	7,565
3	07940	Madison	$940,900 ±$44,176	17,610	5,653	5,935
4	07945	Mendham	$931,100 ±$68,315	9,690	3,497	3,335
5	07046	Mountain Lakes	$917,000 ±$70,958	4,585	1,443	1,462
6	07946	Millington	$801,700 ±$41,558	2,982	984	1,104
7	07920	Basking Ridge	$799,900 ±$35,168	28,753	10,770	10,874
8	07932	Florham Park	$791,100 ±$41,853	11,977	4,608	5,642
9	07930	Chester	$771,200 ±$60,195	8,648	2,839	3,029
10	07058	Pine Brook	$768,600 ±$74,030	5,946	2,280	2,645
11	07960	Morristown	$735,600 ±$28,160	46,702	18,575	18,658
12	07082	Towaco	$702,900 ±$42,690	5,723	2,123	2,027
13	07936	East Hanover	$702,800 ±$27,974	11,152	3,955	4,202
14	07980	Stirling	$689,200 ±$65,106	2,675	754	901
15	07045	Montville	$669,400 ±$23,047	10,561	3,825	3,939
16	07869	Randolph	$665,700 ±$20,551	26,022	8,941	9,636
17	07830	Califon	$656,400 ±$58,884	7,379	2,777	2,488
18	07927	Cedar Knolls	$646,700 ±$43,314	4,882	1,794	1,714
19	07933	Gillette	$637,600 ±$40,235	2,995	1,144	1,219
20	07981	Whippany	$614,100 ±$29,171	9,030	3,738	—
21	07853	Long Valley	$605,000 ±$14,865	12,339	4,249	4,372
22	07440	Pequannock	$591,500 ±$46,609	4,670	1,577	1,667
23	07950	Morris Plains	$589,900 ±$22,794	21,651	8,367	8,643
24	07005	Boonton	$587,100 ±$31,144	15,307	5,801	6,430
25	07054	Parsippany	$587,000 ±$16,455	29,480	12,252	12,742

How we ranked them

Ranked by median value of owner-occupied homes as reported by owners (ACS 5-year estimates, 2020–2024). Published medians are capped at $2,000,000. ZIP codes need at least 1,000 residents to be ranked; 48 of 56 qualify.

Which of these to mail, and why

Home value tracks what owners spend on the house itself: renovations, landscaping, pest control, security, interior design. Pair it with the homeowner share so the mailer reaches owners, not tenants.

The top five ZIP codes on this list hold 18,536 households, on 54 carrier routes with 19,506 residential mailboxes. Open any of them on the route map to see each carrier route's own figures before you choose.

Open 07931 on the EDDM route map

More rankings

Businesses that mail these ZIP codes

Map it and price it

EDDM guides

Frequently asked questions

Which ZIP code in Morris County has the highest median home value?: 07931 (Far Hills), at $1,165,700 (±$163,925), among 48 ZIP codes with at least 1,000 residents.
How is this ranking calculated?: Ranked by median value of owner-occupied homes as reported by owners (ACS 5-year estimates, 2020–2024). Published medians are capped at $2,000,000.
Why are some ZIP codes missing?: ZIP codes with fewer than 1,000 residents are left out because their survey estimates swing too much to rank, and so are ZIP codes where the Census Bureau did not publish this figure.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.