Florham Park, NJ Overview

Newcomers to the Florham Park area will find a lively college-town atmosphere where attractive homes line tranquil tree-lined streets.  The well-developed community of Florham Park is home to several leading companies as well as a campus for Fairleigh Dickinson University.  Neighboring Madison features the private institutions of Drew University and the College of St. Elizabeth.  Madison features the architectural charm of a quaint town center with a shopping district, a dramatic Gothic train station, and a town hall with a marble portico.  Beautiful Victorian houses and stately mansions include the area known as “Millionaire’s Row.”  Recreational amenities include a conservation area in Florham Park, lush local parks, playgrounds, sports facilities, league sports, tennis courts, swimming pools, a skating rink, YMCA facilities, and a golf course.  Transportation efficiencies combine major thoroughfares with bus service to New York and train service to Hoboken from Madison.

Summary

Population Growth (since 2000)43%
Population Density (ppl / mile)1,738.00
Household Size (ppl)2.468
Households w/ Children26%

Housing Stability

Annual Residential Turnover0%
5+ Years in Residency50%
Median Year in Residency5.08

Housing Inventory

Florham Park, NJ Housing Inventory 2041,3253,0883,0882041,3253,088

Market Overview

46 listings with an estimated median price of $850,000

PriceCount
$300K - 400K1
$400K - 500K2
$500K - 600K2
$600K - 700K8
$700K - 800K6
$800K - 900K18
$900K - 1M1
$1M - Max8
Property TypeCount
Single Family25
Townhouse6
Rental7
Lots and Land2
Condo/Town/CoOp13

(Data as of 10/28/2020)

Population Demographics

The population of the community broken down by age group. The numbers at the top of each bar indicate the number of people in the age bracket below.

Florham Park, NJ Population Demographics

Total: 12,672

Households:4,413

Median Age: 37.18

Climate and Weather

The Temperature chart displays average high and low values for January and July, and is designed to provide an indication of both seasonal and daily temperature variability. The Weather Risk Index indicates the calculated risk of each type of weather event occurring in the future. This risk is based on historical localized storm events and weather patterns. The national average for each type of weather event equals a score of 100, so a score of 200 would represent twice the risk as the national average, and a score of 50 would represent half the risk of the national average.

Temperature (degrees F)

Florham Park, NJ Temperature

Weather Risk

Florham Park, NJ Weather Risk

Education

The Community Educational Index chart is based on the U.S. Census Bureau's Socioeconomic Status (SES) elements. Factors used in creating the index below are income, educational achievement, and occupation of persons within the selected ZIP code. Since this index is based on the population of an entire Zip code, it may not reflect the nature of an individual school.

Education Climate Index

Florham Park, NJ Education Climate Index

Highest Education Level Attained

Florham Park, NJ Highest Education Level Attained 1,2267975621891042,3282,8421,2267975621891042,3282,842

Employment and Finance

Workforce

Florham Park, NJ Workforce

Income by dollar range (Median Income: $118,840)

Florham Park, NJ Income by dollar range 581811471345810491122281722126213692871,059430185154

Fair Market Rents

The Fair Market Rents show average gross rent estimates based on figures provided by the U.S. Department of Housing and Urban Development (HUD).

Studio
$1,007
One Bedroom
$1,063
Two Bedroom
$1,288
Three Bedroom
$1,655
Four Bedroom
$1,886

Smoking Ban

The Smoking Ban data indicates whether an area has a smoking ban in place for workplaces, restaurants or bars. This information represents that of the search area and may not reflect that of the whole County or State.

Workplaces
Yes
Restaurants
Yes
Bars
Yes

Crime

The Crime Index compares the risk or probability of future occurrence of certain types of crime in this community as compared to the national average. The national average for each type of crime equals a score of 1.0, so a score of 2.0 would represent twice the risk as the national average, and a score of 0.50 would represent half the risk of the national average.

Florham Park, NJ Crime

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