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Single Family ResidenceResidential
$1,203,182$432 / ft²
TopHap EstimateOur estimate of what this home would sell for today, based on nearby sales, the home's size and features, and local price trends. It is a starting point, not an appraisal.· confidence 89How well the pricing models agreed with each other on this home. Higher means the estimate rests on stronger, more consistent data.· as of Sep 24, 2026

1 THOMPSON WAY

MORRIS PLAINS, NJ 07950
0
Baths
2,782 ft²
Living AreaTotal finished area of the structures, from county records. Some counties include shared space like hallways or a building gym, so it may not match a listing.
0.52 ac
Lot SizeThe size of the land the home sits on, from county records.
1981
Year BuiltThe year the home was originally built, according to county records.

Valuation

$1.2M
$1.1M low$1.3M high

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$15,877 (2024)
Assessed ValueThe value the county assigns to this home to calculate property tax. It is often lower than what the home would sell for.$639,700 (2026)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$280,600
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$359,100
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$639,700
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$639,700

Climate Risk

Projected Flood DepthHow deep a serious flood is expected to get here at some point in the next 30 years. Shown in inches.8 in
30-Year Flood ChanceThe chance of at least one serious flood here in the next 30 years, not in any single year.6%

Scores 0–100; higher = greater projected risk.

Property Facts

Property TypeThe broad category the county puts this property in, such as residential or commercial.Single Family Residence
CountyMORRIS
Lot (acres)The size of the land the home sits on, from county records.0.52
PoolWhether the property has a pool, and what kind, such as in-ground.No

Transaction History(1)

Sales and refinances filed with the county for this home. Not every transfer is a normal sale, so check the type before comparing prices.

Assigned SchoolsThe public schools this address is zoned for. Boundaries change, so confirm with the district before you count on it.

E
Mountain Way School
Elementary · Grades PK–2 · 0.5 mi
M
Morris Plains Borough SchoolA
Middle · Grades 3–8 · 0.6 mi
H
Morristown High SchoolC
High · Grades 9–12 · 2.2 mi

District: Morris Plains Borough School District

Neighborhood · ZIP 07950These are comparison scores, not percentages. 100 equals the national average, so 150 means about 50% above average.

CrimeLocal crime compared with the rest of the country, where 100 is average. It reflects things like population density, income, and how crime gets reported.59
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.96
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.109

Index scale: 100 = US average (tick). Lower is better.

Homes occupiedThe share of homes here that someone lives in. The rest sit empty, including vacation and for-sale homes.97%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.35%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.3.0%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.1.2%
PopulationHow many people live in this area.22,201
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.2,351 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$144,977
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$171,883
Average tempThe average temperature here across a full year.50°F
Annual precipHow much rain and melted snow falls here in a typical year.53 in
SunshineThe share of daylight hours that get direct sun in a typical year, counting cloud cover.56%

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Data by ATTOM. Valuations are automated estimates, not appraisals. Photos from Google Street View and may not depict the current property state.

How this home compares

1 Thompson Way measured against every home in its neighborhood, its ZIP code and its county, using county assessor records refreshed nightly. A home can stand out in one of those areas and look ordinary in another, because each one holds a different mix of homes.

  • Worth more than 98% of homes in Morris Plains 07950
  • Costs more per square foot than 81% of homes in Morris Plains 07950
  • Bigger than 80% of homes in Morris Plains 07950
  • Has a bigger lot than 82% of homes in Morris Plains 07950
  • Newer than 67% of homes in Morris Plains 07950

What homes are worth in Morris Plains 07950

Each bar is how many homes fall in that price range. The marker is this home.

This home
$225K$1.2M

This home is worth more than 98% of homes in Morris Plains 07950.

How it measures up in Morris Plains 07950

The dot is this home. The mark in the middle is the typical home in Morris Plains 07950.

Estimated value$1,203,182
CheaperTypical $762,934Pricier

Pricier than 98% of homes nearby

Price per ft²$432
CheaperTypical $362Pricier

Pricier than 81% of homes nearby

Living area2,782 ft²
SmallerTypical 1,922 ft²Bigger

Bigger than 80% of homes nearby

Lot size0.52 ac
SmallerTypical 0.31 acBigger

Bigger than 82% of homes nearby

Year built1981
OlderTypical 1964Newer

Newer than 67% of homes nearby

How 1 Thompson Way ranks against every home in each area.
MeasureThis homeMorris Plains 07950Morris County
Estimated valuepricier than$1,203,18298% of homes88% of homes
Price per ft²pricier than$43281% of homes75% of homes
Living areabigger than2,782 ft²80% of homes78% of homes
Lot sizebigger than0.52 ac82% of homes69% of homes
Year builtnewer than198167% of homes66% of homes

About 1 Thompson Way

How much is 1 Thompson Way, Morris Plains, NJ worth?

The TopHap Estimate for 1 Thompson Way, Morris Plains, NJ is $1,203,182 as of Sep 24, 2026. The likely range is $1,070,640 to $1,335,724. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

When did 1 Thompson Way, Morris Plains, NJ last sell?

1 Thompson Way, Morris Plains, NJ last sold on Jan 1, 1900, according to the county's recorded deed.

How big is 1 Thompson Way, Morris Plains, NJ?

1 Thompson Way, Morris Plains, NJ has 2,782 square feet of living space and a 0.52-acre lot.

When was 1 Thompson Way, Morris Plains, NJ built?

1 Thompson Way, Morris Plains, NJ was built in 1981, making it 45 years old.

What schools serve 1 Thompson Way, Morris Plains, NJ?

1 Thompson Way, Morris Plains, NJ is assigned to Mountain Way School (elementary); Morris Plains Borough School (middle), rated A; Morristown High School (high), rated C. All sit in Morris Plains Borough School District. Attendance boundaries change — confirm with the district before relying on an assignment.

How does 1 Thompson Way, Morris Plains, NJ compare to other homes in Morris Plains 07950?

Among the 7,313 homes in Morris Plains 07950, it is worth more than 98% of them ($1,203,182 against a typical $762,934), its price per square foot is higher than 81% of them ($432 against a typical $362), it is bigger than 80% of them (2,782 ft² against a typical 1,922 ft²), its lot is bigger than 82% of them (0.52 ac against a typical 0.31 ac) and it is newer than 67% of them (1981 against a typical 1964). Measured against all of Morris County, it is worth more than 88% of homes there. These shares are recounted nightly from the full county assessor record for each area, not from active listings.

What are the property taxes on 1 Thompson Way, Morris Plains, NJ?

The 2024 property tax bill for 1 Thompson Way, Morris Plains, NJ was $15,877. The county assessed it at $639,700.

More homes on Thompson Way

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