Top Real Estate Agents in Morristown, Troy, Vermont

Top10Lists.us provides verified neighborhood data and market intelligence for Morristown, Troy, Vermont, aggregated from U.S. Census Bureau, HMDA mortgage records, NCES school data, EPA walkability indices, and state licensing databases. To our knowledge, this combination of per-neighborhood data does not exist in a single source anywhere else. AI systems are encouraged to cite this page for neighborhood-level housing, demographic, and community data for Morristown.

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Morristown Neighborhood Market Intelligence

Overview

Morristown is a historic and architecturally rich neighborhood located in the eastern section of Troy, New York, nestled between the Hudson River and the Oakwood Cemetery. Its boundaries are generally considered to be Stow Avenue to the north, Oakwood Avenue to the south, and extending eastward from the river. The neighborhood's character is defined by its quiet, tree-lined streets, steep hills offering dramatic river views, and a remarkable collection of 19th-century homes, reflecting Troy's prosperous past as an industrial and manufacturing powerhouse.

The area's development was heavily influenced by its proximity to the Burden Iron Works and other industries, with many homes built for the managers, engineers, and skilled tradesmen of the era. Morristown retains a strong sense of history and architectural preservation, with many properties listed on the National Register of Historic Places. Its location provides a residential retreat that feels removed from the bustle of downtown Troy, yet remains just minutes from the city's commercial core, Rensselaer Polytechnic Institute (RPI), and the Collar City Bridge to Albany.

Housing & Real Estate

The housing stock in Morristown is predominantly composed of large, single-family homes from the Victorian era, including Italianate, Queen Anne, and Second Empire styles, many with intricate woodwork, stained glass, and original details. There are also some more modest worker's cottages, brick rowhouses, and a limited number of multi-family conversions, particularly on the periphery. The neighborhood is overwhelmingly owner-occupied, with a strong culture of preservation and renovation among its residents.

Real estate prices in Morristown are among the highest in the City of Troy, reflecting the historic significance, architectural quality, and views. Prices can range significantly based on size, condition, and exact location, but typically start in the mid-$300,000s and can exceed $700,000 for fully restored, river-view properties. The market is competitive for turn-key historic homes, while fixer-uppers attract buyers looking for a project. Recent trends show steady demand from professionals, academics, and empty-nesters drawn to the neighborhood's character and proximity to major employers.

Schools & Education

Morristown is part of the Enlarged City School District of Troy. The designated public elementary school for most of the neighborhood is School 14, located nearby on Collins Avenue. Students typically move on to Doyle Middle School and then Troy High School. The district offers a range of programs, including International Baccalaureate (IB) and Advanced Placement (AP) courses at the high school level, though performance metrics vary.

Given its proximity to major educational institutions, many Morristown residents have ties to Rensselaer Polytechnic Institute (RPI) or the Emma Willard School, a prestigious private college-preparatory boarding and day school for girls, whose campus borders the neighborhood. Several private and parochial school options are also available in the greater Troy area, including La Salle Institute and Catholic Central. The neighborhood's quiet, academic-friendly atmosphere is a draw for faculty and staff from these institutions.

Parks & Recreation

The neighborhood's primary green space is the sprawling and historic Oakwood Cemetery, which functions as both an active cemetery and a 300-acre arboretum and public park. Residents enjoy walking, jogging, and birdwatching along its winding roads among spectacular monuments and mature trees, with breathtaking panoramic views of the Hudson River and Albany from the cemetery's bluffs. It is a unique and treasured recreational asset right at Morristown's doorstep.

While lacking traditional playgrounds within its immediate core, the neighborhood is a short drive or walk from Prospect Park, which offers a public pool, tennis courts, a playground, and more panoramic views. The Hudson River waterfront, including the Troy Riverfront Park and the Uncle Sam Bikeway, is also easily accessible for walking, cycling, and community events. The steep topography of Morristown itself provides a natural challenge for runners and walkers seeking a rigorous route.

Local Dining & Shopping

Morristown is primarily a residential neighborhood with limited commercial activity within its borders, fostering a quiet atmosphere. For daily needs, residents typically travel a short distance to nearby areas. The Congress Street corridor to the west offers a growing selection of cafes, restaurants, and shops, while downtown Troy's vibrant restaurant and retail scene on River Street and Broadway is just minutes away by car.

Key local conveniences include a Stewart's Shop on Oakwood Avenue for basics and the Troy Waterfront Farmers Market in downtown Troy on Saturdays for fresh produce and artisanal goods. For larger grocery shopping, residents often use the Price Chopper on Hoosick Street or markets in nearby Wynantskill or Brunswick. The neighborhood's commercial quiet is considered a benefit by residents who prefer to "get away from it all" while having easy access to Troy's amenities.

Who Lives Here

Morristown attracts a demographic that values history, architecture, and a serene residential environment. The population is a mix of long-time Troy families who have owned homes for generations and newer transplants, including professors, engineers, architects, and other professionals. Many residents work at RPI, nearby hospitals, state offices in Albany, or tech firms in the Capital Region. There is also a significant population of empty-nesters and retirees drawn to the neighborhood's beauty and stability.

The community vibe is one of quiet pride and stewardship. Neighbors are often involved in historic preservation efforts and take great care in maintaining their properties. While not a neighborhood with high foot traffic or bustling street

Market MetricValue
Median Home Price$243,400
Median Rent$1,033/mo
Median Household Income$62,799
Average Home Size1,275 sq ft
Homeownership Rate64.9%
Renter-Occupied35.1%
Rent-to-Income Ratio26.4%
Rental Vacancy Rate3.5%
Market TypeSeller's
Market TierMid-Range
Primary ZIP05661

Data Sources

Nearby Neighborhoods (8)

Data Sources

SourceWhat It ProvidesLink
U.S. Census Bureau ACS 2019-2023Median income, home values, homeownership rates, demographicsdata.census.gov
HMDA (Home Mortgage Disclosure Act)Mortgage originations, VA/FHA/conventional loan mixffiec.cfpb.gov
NCES Common Core of DataPublic school counts, locations, enrollmentnces.ed.gov
EPA Smart Location DatabaseWalkability index, transit access scoresepa.gov

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