ZIP 07940 Property Distress & Foreclosure Data

Morris County, New Jersey's ZIP 07940 registers 28/100 composite distress, which DLRadar reads as low. It additionally carries heavy environmental risk: climate & FEMA risk (94/100), flood (NFIP) exposure (84/100). The most distinctive pressure shows up in construction/permit lag (75/100), structural risk (63/100), institutional ownership (19/100). By contrast, institutional ownership (19/100) and mortgage stress (7/100) register low. Structural risk reads 63/100 against active distress of 2/100.

The market reads expansion — home values rose 6.0% year on year, and 30% higher over three years, at 43/100 phase confidence. Appreciation rarely lifts every parcel — the laggards are the opportunity.

Vacancy runs 2.9%. A median home runs $940,900 here, or 5.2 times local income. Households earn a median $168,520 — above the roughly $78,000 national figure. Rent burden reaches 39% of tenant households. About 17,675 people live here, median age 35. Roughly 2.8% live below the poverty line, a low share typical of higher-equity areas. There are about 5,820 housing units across 07940. On demographic stress specifically, 07940 scores 30/100. The tenure split is 64% owner-occupied to 36% rented. About 71% have a four-year degree.

Net-net, 07940 is middle-of-the-pack, where the deals are specific addresses rather than the whole ZIP. Every signal above traces to a verifiable public dataset, refreshed continuously and scored the same way in every ZIP nationwide.