Zip 07932 (Florham Park, NJ) Housing

Housing in 07932 Florham Park, NJ is significantly more expensive than the national median. The median value of housing in this area is $767,100 compared to the US median of $338,100. However, while the US house appreciation rate over the last one year was 8.27%, homes in this area have only appreciated by 6.48%. This suggests that even with its high price tag, there may be some hesitation among local buyers when it comes to investing in real estate here.

The median home cost in Florham Park (zip 07932) is $767,100. Home appreciation the last 10 years has been 44.3%. Home Appreciation in Florham Park (zip 07932) is up 12.1%.

Average Age of Homes

- The median age of Florham Park (zip 07932) real estate is 41 years old

The Rental Market in Florham Park (zip 07932)

- Renters make up 25.9% of the Florham Park (zip 07932) population
- 0.0% of houses and apartments in Florham Park (zip 07932), are available to rent

DID YOU KNOW

Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Florham Park, New Jersey	United States
	4,567.0	139,647,020.0
	42	42
	$767,100	$338,100
	12.1%	16.6%
	29.3%	57.0%
	44.3%	101.1%
	$22.02	$10.98
	$9,103	$2,690
	67.1%	57.4%
	4.7%	11.2%
	28.2%	31.4%
Vacant Housing
	0.0%	1.9%
	0.0%	0.4%
	1.2%	0.7%
	0.0%	0.4%
	0.0%	3.6%
	3.6%	4.1%
Value of Owner-Occupied Housing
	0.5%	2.6%
	0.5%	2.4%
	0.0%	2.8%
	0.0%	3.9%
	0.4%	4.5%
	0.8%	11.3%
	0.4%	13.0%
	1.7%	20.1%
	16.6%	13.6%
	14.3%	8.3%
	30.2%	9.7%
	25.3%	3.9%
	8.1%	2.2%
	0.6%	0.8%
	0.6%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	7.9%	13.6%
	7.9%	13.6%
	7.6%	13.6%
	19.1%	13.2%
	9.4%	14.8%
	7.6%	13.6%
	19.4%	10.0%
	5.3%	4.7%
	4.6%	12.2%

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