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NJ area data

Florham park, NJ

Florham park, NJ.

Population: 11,977 (Census ACS)

Home values & appreciation

Median home value
$1.07M
1-year appreciation
+9.6%
3-year appreciation
+27.2%
5-year appreciation
+41.6%
10-year appreciation
+61.6%
All-time peak (2026-07)
$1.07M
House Price Index
430.8 (+5.2% YoY)

Market activity

Median sale price
$1.00M
Median list price
$1.19M
Median days on market
14 days
Sale-to-list ratio
106.1%
Active listings
12
1-year forecast
+2.7%
New listings (monthly)
12

Rents

2-bedroom fair-market rent (HUD reference)
$2,099/mo
3BR fair-market rent
$2,729/mo

Affordability

Cost of living index (High)
112.5 (100 = US avg)
Electricity rate (state-level)
22.6¢/kWh
Natural gas rate (state-level)
$14.20/MCF
30-year mortgage rate (national)
6.66%
15-year mortgage rate (national)
6.00%

Schools

Total schools
3
Elementary schools
2
Middle schools
1
High schools
0

Natural hazards & flood risk

Overall hazard risk
Relatively Moderate
Top hazards
winterWeather, coldWave, inlandFlooding, lightning, strongWind
FEMA flood zone
AE
Flood risk level
High

Climate (30-year normals)

Annual precipitation
52.2 in

Air quality

Air quality rating
Good
Median AQI (annual)
37
Days with Good air quality
314
Days with Unhealthy air quality
2

Walkability & transit

Walkability index
14.8 / 20
Transit service frequency
435

Amenities

National parks within ~60 mi
23
Nearest national park
Morristown National Historical Park (8 mi)
Nearest airport
Morristown Municipal Airport (MMU) (2 mi)
Nearest major airport
Morristown Municipal Airport (MMU) (2 mi)
Hospitals nearby (~15 mi)
33
Avg hospital rating
2.6 / 5
Solar radiation rating
Fair (4.0 kWh/m²/day)

Migration

Net migration
-752 tax filers

Housing stock

Median year housing built
1,984
Median annual property tax
$10,001
Mean commute to work
18 min
Households with broadband internet
87.1%

Employment & development

Total county employment
268,704
Average weekly wage
$1,945
Top industries (by employment)
Health Care, Professional Services, Administrative Services
Annual residential building permits (county)
588

Area data compiled from public government, academic, and industry research feeds. Data sources →

Data last updated

Most recent source refresh: Aug 2026. See all data sources →

Data compiled by REAIGENT7 — AI listing platform for real estate agents