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.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 1.60% |
| One Bedroom | 9.80% |
| Two Bedrooms | 13.70% |
| Three Bedrooms | 36.20% |
| Four Bedrooms | 29.10% |
| Five Bedrooms or more | 9.60% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.75 |
| Median year structure was built | 1963 |
| Median Value of occupied units | $322,400 |
| Median Price asked for vacant units | $162,500 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.83 |
| Median year structure was built | 1981 |
| Median Monthly Rent asked for vacant units | $2,001 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 3.50% |
| Home Equity Loan | 14.60% |
| Simple Mortgage | 47% |
| Debt Free | 35% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 18.3% |
