Florham Park, NJ
Full City Profile · New Jersey · Essex County County
4.0
/5.0
A
Great
13,134
Population
1,797/sq mi density
$147,714
Median Income
$65,931 per capita
$722,700
Home Value
$1,009,491 Zillow
$3,009
Median Rent
29.3% income on rent
53°F
Avg Temperature
271 sunny days/yr
9
Violent Crime/100K
963 property/100K
A
Overall
4.0 / 5.0
Strong
A+
Economy
4.9 / 5.0
$147,714 median income, 2.9% unemployment
B+
Affordability
3.9 / 5.0
$722,700 home value, $3,009/mo rent
C
Safety
2.0 / 5.0
9 violent crimes/100K
A+
Education
5.0 / 5.0
66.3% bachelor's degree or higher
Housing Overview
Median Home Value
$722,700
156% above
US avg: $281,900
Median Rent
$3,009/mo
159% above
US avg: $1,163/mo
Homeownership Rate
69.6%
6% above US avg (65.4%)
Total Housing Units
4,778
Median year built: 1981
Home Value by Source
Census Median
$722,700
Zillow (ZHVI)
$1,009,491
Median Sale Price
$1,194,500
Median List Price
$1,295,000
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
69.6%
Owner-Occupied
30.4%
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:
$3,009/mo
Market Indicators (Redfin)
Median Days on Market
55 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
6
Price Drops
0.0%
of listings with price reduction
Price Per Sq Ft
$555
Active Inventory
5
homes for sale
Affordability & Housing Stock
Rent Burden
29.3%
of renters spending 30%+ of income on housing
5% below US avg (31.0%)
Median Year Built
1981
Average age of housing stock: 45 years
Homeownership Rate
69.6%
Complete Housing Data
Home Values
| Census Median Value | $722,700 |
| Zillow Home Value (ZHVI) | $1,009,491 |
| Median Sale Price | $1,194,500 |
| Median List Price | $1,295,000 |
| Price Per Sq Ft | $555 |
Rent
| Census Median Rent | $3,009 |
| 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 | 55 |
| Sale-to-List Ratio | 1.0% |
| Price Drops | 0.0% |
| Homes Sold | 6 |
| Active Inventory | 5 |
| Price Per Sq Ft | $555 |
Ownership & Stock
| Owner-Occupied | 69.6% |
| Renter-Occupied | 30.4% |
| Homeownership Rate | 69.6% |
| Total Housing Units | 4,778 |
| Median Year Built | 1981 |
| Rent Burden | 29.3% |
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