Far Hills, NJ Real Estate

According to census data in the year 2000 there were 384 housing units in Far Hills. This represents a 44.4% growth from 266 in 1990.

Of those housing units, 297 were located in either urbanized areas or urban clusters, and 87 were located in what is classified as a rural area.

Homeownership rate in Far Hills is about 76.8%. Far Hills's vacancy rate, including seasonal lodging, is about 4.7%. Average household size is 2.34 people.

The majority of houses, apartments or condos in Far Hills were built after 1968.


Housing Size

Housing Units by Size
Studio Type0.80%
One Bedroom7%
Two Bedrooms26.60%
Three Bedrooms34.40%
Four Bedrooms18.20%
Five Bedrooms or more13%
As % of Housing Units

Owned Homes, Apartments and Condos

Average Household Size2.48
Median year structure was built1978
Median Value of occupied units$393,300
Median Price asked for vacant units$287,500

Rented Homes, Apartments and Condos

Average Household Size1.87
Median year structure was built1939

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage11.70%
Home Equity Loan5.60%
Simple Mortgage50%
Debt Free32.70%
As % of Housing Units
Median part of Monthly Household Income dedicated to covering home ownership costs16.8%