Mortgage lender in Morris County, NJ

Buying in Morris County

Morris County, with its county seat in Morristown, takes in Morristown, Parsippany, Randolph, Denville, Madison and Chatham. Stellar lends across all of New Jersey, and Morris County files are handled from our Hamilton, NJ office by a licensed officer you can reach directly.

2026 conforming limit

$1,209,750 (high-cost area)

2026 FHA limit

$1,249,125 (one-unit, set by HUD)

Above that

Jumbo pricing

Closing handled by

attorney

State housing agency

NJHMFA (participating lender)

Your office

Hamilton, NJ

2026 limits for a one-unit property. Morris County is designated a high-cost area for conforming loans. Sources: FHFA conforming loan limit values and HUD FHA mortgage limits.

Morris County sits inside the New York metropolitan high-cost area, so its conforming limit is $1,209,750, the FHFA high-cost limit for this area, rather than the national baseline of $832,750. That matters: a loan that would be jumbo elsewhere in New Jersey can still be a conforming loan here, with conforming pricing and guidelines.

Morris County: commuter towns and condo questions

Morris County takes in Morristown, the county seat, the rail towns of Madison, Chatham and Morris Plains, the larger townships of Parsippany-Troy Hills, Randolph, Roxbury and Mount Olive, and the lake communities to the north and west around Jefferson and Lake Hopatcong.

Three things come up on most Morris files. Property taxes are a large part of the monthly payment in New Jersey and vary by town, so we qualify you on the real tax bill for the house, not an estimate. Condominiums and townhomes are a big part of the market in Morristown, Parsippany and Randolph, and with a condo the project has to be approved as well as the buyer, so we start the project review as soon as you name the building. And many buyers here are paid partly in bonus, commission or stock, which lenders average over time under their own rules; bring two years of history and we will tell you what counts. Closings are handled by attorneys, with attorney review after the contract is signed.

Morris County by the numbers

Median home value

$582,500 (Census Bureau, ACS 2020–2024, table B25077)

Typical property tax

Median tax bill of $10,000 or more, the highest bracket the Census Bureau reports (Census Bureau, ACS 2020–2024, table B25103)

Transfer tax

Realty Transfer Fee on a graduated schedule per $500 of the price, charged to the seller (New Jersey Division of Taxation)

Largest communities

Parsippany-Troy Hills Township, Mount Olive Township, Randolph Township, Rockaway Township (Census Bureau, ACS 2020–2024, table B01003)

The county median home value is $582,500. The 2026 one-unit conforming loan limit here is $1,209,750 and the FHA limit is $1,249,125.

Census figures are survey estimates for owner-occupied homes, not appraisals or tax quotes. We use the actual tax bill for the property when we quote.

Closing and programs in New Jersey

Closings in New Jersey are typically handled by an attorney. The closing process, state transfer and recording taxes and first-time buyer programs are covered on the New Jersey page. Property taxes are set locally; we take the figure from the tax record for the address.

Questions Morris County buyers ask

Conforming limit shown is the 2026 FHFA figure for Morris County. FHA limits and state agency caps are set by HUD and NJHMFA and change periodically. Verify on the official source. Not a commitment to lend.