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2024 Compare Cities Housing:
Florham Park, NJ vs Franklin Lakes, NJ

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Highlights
- The median age of a home in Florham Park is 4.8% younger than the median age of a home in Franklin Lakes.

Housing
 Florham Park, NJFranklin Lakes, NJUnited States
 Median Home Age424442
 Median Home Cost$741,200$1,213,000$338,100
 Home Appr. Last 12 months12.1%12.7%16.6%
 Home Appr. Last 5 yrs.29.3%39.2%57.0%
 Home Appr. Last 10 yrs.44.3%51.6%101.1%
 Property Tax Rate$22.0$21.8$11.0
 Homes Owned67.4%84.5%57.4%
 Housing Vacant4.7%4.7%11.2%
 Homes Rented27.9%10.8%31.4%
 space
 Avg Rent For Home Or Apartment
 Florham Park, NJFranklin Lakes, NJUnited States
 Average Rent$2,960$3,400$1,840
 Studio Apartment$1,660$2,000$1,080
 1 Bedroom Home or Apartment$1,980$2,390$1,180
 2 Bedroom Home or Apartment$2,370$2,780$1,430
 3 Bedroom Home or Apartment$3,000$3,450$1,860
 4 Bedroom Home or Apartment$3,530$4,340$2,160
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 Vacant Housing
 Florham Park, NJFranklin Lakes, NJUnited States
 Vacant For Rent0.0%0.0%1.9%
 Vacant Rented0.0%0.0%0.4%
 Vacant For Sale1.2%2.5%0.7%
 Vacant Sold0.0%0.7%0.4%
 Vacant Vacation0.0%0.5%3.6%
 Vacant Other3.5%1.0%4.1%
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 Owner-Occupied Housing Value
 Florham Park, NJFranklin Lakes, NJUnited States
 Less Than $20,0000.5%0.6%2.6%
 $20,000 to $39,9990.5%0.0%2.4%
 $40,000 to $59,9990.0%0.0%2.8%
 $60,000 to $79,9990.0%0.0%3.9%
 $80,000 to $99,9990.4%0.2%4.5%
 $100,000 to $149,9990.8%0.6%11.3%
 $150,000 to $199,9990.4%0.0%13.0%
 $200,000 to $299,9991.6%0.1%20.1%
 $300,000 to $399,99916.4%0.9%13.6%
 $400,000 to $499,99914.4%3.6%8.3%
 $500,000 to $749,99929.9%21.6%9.7%
 $750,000 to $999,99925.0%21.0%3.9%
 $1,000,000 to $1,499,9999.0%31.8%2.2%
 $1,500,000 to $1,999,9990.6%12.4%0.8%
 $2,000,000 and over0.6%7.3%1.1%
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 Housing Units By Year Built
 Florham Park, NJFranklin Lakes, NJUnited States
 2015 and Newer0.0%1.3%0.2%
 2010 to 20147.9%14.4%13.6%
 2000 to 20097.9%14.4%13.6%
 1990 to 19997.5%7.3%13.6%
 1980 to 198919.1%17.7%13.2%
 1970 to 19799.3%17.8%14.8%
 1960 to 19697.5%7.3%13.6%
 1950 to 195919.2%10.8%10.0%
 1940 to 19495.2%1.7%4.7%
 1939 or Earlier4.6%4.7%12.2%

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Reviews for Florham Park    1 Reviews

Over 12 years ago

very safe neighborhood not many newcomers high price of  More

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Reviews for Franklin Lakes    2 Reviews

Over 14 years ago

It is a nice place to live near everything, ranches to multi million dollar home area, near all shopping, major transportation, 30 minutes to New  More

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Over 18 years ago

Franklin Lakes is a very affluent town to live in. The schools are excellent. I highly reccomend living  More

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ZIPS IN FLORHAM PARK, NEW JERSEY
07932 07961
ZIPS IN FRANKLIN LAKES, NEW JERSEY
07417

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