Florham Park, NJ Real Estate

According to census data in the year 2000 there were 3,342 housing units in Florham Park. This represents a 12.6% growth from 2,969 in 1990.

Of those housing units, 3,342 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.

Homeownership rate in Florham Park is about 85.6%. Florham Park's vacancy rate, including seasonal lodging, is about 3.1%. Average household size is 2.62 people.

The majority of houses, apartments or condos in Florham Park were built after 1966.


Housing Size

Housing Units by Size
Studio Type1.60%
One Bedroom9.80%
Two Bedrooms13.70%
Three Bedrooms36.20%
Four Bedrooms29.10%
Five Bedrooms or more9.60%
As % of Housing Units

Owned Homes, Apartments and Condos

Average Household Size2.75
Median year structure was built1963
Median Value of occupied units$322,400
Median Price asked for vacant units$162,500

Rented Homes, Apartments and Condos

Average Household Size1.83
Median year structure was built1981
Median Monthly Rent asked for vacant units$2,001

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage3.50%
Home Equity Loan14.60%
Simple Mortgage47%
Debt Free35%
As % of Housing Units
Median part of Monthly Household Income dedicated to covering home ownership costs18.3%