Why Live in Florham Park
Florham Park in Morris County, NJ, is a growing suburb known for its proximity to New York City, located 30 miles to the east, making it a popular choice for commuters. The area is experiencing a construction boom, with new single-family homes, townhomes, and condos being built, particularly near the Madison border. Traditional housing styles include older colonials, cape cods, and split levels, with newer homes on larger lots. Florham Park attracts buyers from pricier neighboring towns like Summit and Chatham, partly due to its lower property taxes. The public school district is highly rated, with Briarwood Elementary School, Brooklake Elementary School, and Ridgedale Middle School receiving strong reviews. Local attractions include Elm Street's recreational area, Emmett Park, Florham Park Municipal Pool, and the popular Florham Park Roller Rink. Families enjoy Imagine That!!!, a large indoor playspace, and two golf clubs, Brooklake Country Club and Pinch Brook. Columbia Turnpike features corporate offices and strip malls, with dining options like Lucco Cucina + Bar, Nonna’s, and Thirsty Turtle. Florham Village Shopping Center offers local amenities, while neighboring East Hanover provides big-box stores like Costco. Though Florham Park lacks a train station, nearby Madison and Chatham offer NJ Transit access to Penn Station. Morristown Airport is convenient for chartered flights but can be noisy. The town hosts major Fourth of July festivities and a summer concert series. Additionally, Florham Park is home to parts of Fairleigh Dickinson University and Saint Elizabeth University.
Home Trends in Florham Park, NJ
On average, homes in Florham Park, NJ sell after 34 days on the market compared to the national average of 51 days. The median sale price for homes in Florham Park, NJ over the last 12 months is $1,080,000, up 31% from the median home sale price over the previous 12 months.
Median Sale Price
$1,080,000
Median Single Family Sale Price
$1,230,000
Median Townhouse Sale Price
$706,500
Median 1 Bedroom Sale Price
$489,000
Average Price Per Sq Ft
$552
Number of Homes for Sale
7
Last 12 months Home Sales
127
Median List Price
$1,100,000
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
31%