All Countries
Far Hills, NJ
Full City Profile · New Jersey · Somerset County County
4.0
/5.0
A
Great
1,004
Population
207/sq mi density
$152,188
Median Income
$120,610 per capita
$798,900
Home Value
$1,341,690 Zillow
$1,495
Median Rent
14.0% income on rent
53°F
Avg Temperature
275 sunny days/yr
A
Overall
4.0 / 5.0
Strong
A+
Economy
4.8 / 5.0
$152,188 median income, 3.2% unemployment
B+
Affordability
3.7 / 5.0
$798,900 home value, $1,495/mo rent
C+
Safety
2.5 / 5.0
0 violent crimes/100K
A+
Education
5.0 / 5.0
59.2% bachelor's degree or higher
Housing Overview
Median Home Value
$798,900
183% above
US avg: $281,900
Median Rent
$1,495/mo
29% above
US avg: $1,163/mo
Homeownership Rate
82.7%
26% above US avg (65.4%)
Total Housing Units
436
Median year built: 1988
Home Value by Source
Census Median
$798,900
Zillow (ZHVI)
$1,341,690
Median Sale Price
$889,000
Median List Price
$1,066,539
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
82.7%
Owner-Occupied
17.3%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$1,599/mo
1 Bedroom
$1,759/mo
2 Bedroom
$2,132/mo
3 Bedroom
$2,658/mo
4 Bedroom
$3,005/mo
Census median rent:
$1,495/mo
Market Indicators (Redfin)
Median Days on Market
111 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
1
Price Drops
0.0%
of listings with price reduction
Price Per Sq Ft
$389
Active Inventory
3
homes for sale
Affordability & Housing Stock
Rent Burden
14.0%
of renters spending 30%+ of income on housing
55% below US avg (31.0%)
Median Year Built
1988
Average age of housing stock: 38 years
Homeownership Rate
82.7%
Complete Housing Data
Home Values
| Census Median Value | $798,900 |
| Zillow Home Value (ZHVI) | $1,341,690 |
| Median Sale Price | $889,000 |
| Median List Price | $1,066,539 |
| Price Per Sq Ft | $389 |
Rent
| Census Median Rent | $1,495 |
| FMR Studio | $1,599 |
| FMR 1-Bedroom | $1,759 |
| FMR 2-Bedroom | $2,132 |
| FMR 3-Bedroom | $2,658 |
| FMR 4-Bedroom | $3,005 |
Market
| Days on Market | 111 |
| Sale-to-List Ratio | 1.0% |
| Price Drops | 0.0% |
| Homes Sold | 1 |
| Active Inventory | 3 |
| Price Per Sq Ft | $389 |
Ownership & Stock
| Owner-Occupied | 82.7% |
| Renter-Occupied | 17.3% |
| Homeownership Rate | 82.7% |
| Total Housing Units | 436 |
| Median Year Built | 1988 |
| Rent Burden | 14.0% |