Far Hills, Somerset County, NJ Housing Trends, Rent, Price-to-Rent

Market Summary

Far Hills, Somerset County, NJ

Median Home Price Price

$1,338,439 $1.3M

Median Monthly Rent Rent

$4,539 $4.5K

GRM

25.0x

GRM = Median Home Price divided by annual rent.

Price = Median Home Price.

Rent = Median Monthly Rent.

Trend Insights

Median Rent in Far Hills, NJ is $4,539, with MoM change +$47 and YoY change +$368 pointing to positive momentum while volatility is low (std $96).

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Metric

Base market Far Hills, NJ

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Delta vs base

Median rent

$4,539

N/A

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Median price

$1,338,439

N/A

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YoY change

+$368

N/A

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Price-to-rent

24.6x

Data unavailable

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