Hewitt, NJ

Hewitt is a small town located in Morris County, New Jersey. The population was 2,890 as of the 2010 United States Census. Hewitt is known for its well-maintained historic district and its proximity to New York City. Hewitt has a rich history dating back to the early 1800s when it was founded by Quakers from Pennsylvania. The town became an important railroad junction in the late 1800s and early 1900s due to its location on the Morristown & Erie Railroad and the Lackawanna Cut-Off. Hewitt's economy has been based largely on manufacturing and agriculture until more recently when it has become a bedroom community for commuters working in nearby cities such as Newark, New York City, and Hoboken, New Jersey.

Real estate in Hewitt is dominated by single family homes with modest acreage requirements. There are also a limited number of condominium units available for purchase or lease. The average price of a home in Hewitt is $269,000 while the average price of a condo is $225,000. There are several neighborhoods within Hewitt that vary in character from suburbanites looking for large lots to downtowners who want close proximity to shops and restaurants.

The real estate market in Hewitt has been relatively stable over the past few years with modest appreciation rates averaging 2%. This stability may be due to the low population density (only 1,500 people per square mile) and limited number of new homes being built which keeps inventory levels low which helps keep prices stable. In addition, there is strong demand from current residents who are looking to downsize or move up into larger homes or condos as prices continue to rise steadily throughout most of Morris County despite nationwide economic uncertainty