Market Summary

Florham Park, Morris County, NJ

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Median Home Price Price

$950,091 $950.1K

Median Monthly Rent Rent

$3,993 $4K

GRM

20.0x

GRM = Median Home Price divided by annual rent.

Price = Median Home Price.

Rent = Median Monthly Rent.

Similar markets within Morris County

Region Price Rent GRM Display
$957,569 $2,833 28.0x
$1,127,510 $4,477 21.0x
$840,383 $2,927 24.0x

Home prices

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Monthly rent

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GRM

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Similar markets within NJ outside of Morris County

Region Price Rent GRM Display
$1,174,400 $3,572 27.0x
$1,029,590 $4,452 19.0x
$781,609 $4,215 15.0x
$422,617 $1,720 20.0x
$1,006,010 $3,484 24.0x
$960,142 $3,838 21.0x
$968,032 $2,481 32.0x
$1,087,016 $3,495 26.0x
$1,325,885 $4,512 24.0x
$700,245 $4,319 14.0x
$776,375 $2,704 24.0x
$1,430,277 $4,073 29.0x
$902,803 $2,952 25.0x
$1,009,183 $3,795 22.0x

Home prices

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Monthly rent

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GRM

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Similar markets outside of NJ

Region Price Rent GRM Display
$976,700 $2,793 29.0x
$1,274,156 $4,406 24.0x
$292,795 $1,848 13.0x
$600,296 $2,154 23.0x
$1,144,343 $2,313 41.0x
$1,268,985 $4,120 26.0x
$491,471 $1,876 22.0x
$712,028 $4,351 14.0x
$1,884,030 $4,338 36.0x
$951,223 $2,966 27.0x
$1,248,203 $4,417 23.0x
$300,148 $1,127 22.0x
$884,859 $1,078 68.0x
$252,558 $986 21.0x
$874,282 $1,879 39.0x
$1,395,925 $4,264 27.0x
$254,611 $1,221 17.0x
$506,938 $4,269 10.0x
$237,234 $1,230 16.0x
$1,268,170 $3,507 30.0x
$516,904 $3,854 11.0x
$338,538 $1,455 19.0x
$1,031,517 $2,024 42.0x
$542,573 $1,866 24.0x
$1,011,600 $966 87.0x
$236,902 $1,152 17.0x
$271,008 $1,127 20.0x

Home prices

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Monthly rent

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GRM

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Florham Park

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Trend Insights

Median Rent in Florham Park, NJ is $3,993, with MoM change +$50 and YoY change +$413 pointing to positive momentum while volatility is low (std $108).

Benchmark Markets Side by Side

Search a market to benchmark rent, price, YoY, and price-to-rent against Florham Park, NJ.

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Metric
Base market Florham Park, NJ
Compare market Select a market
Delta vs base
Median rent
$3,993
N/A
Median price
$950,091
N/A
YoY change
+$413
N/A
Price-to-rent
19.8x
Data unavailable
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