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Far Hills

Far Hills

Located in Somerset County

$1,520,086 Average Value
$423 Average Price per Sq Ft
10 Homes For Sale

Far Hills is an elite community west of Newark

About 30 miles west of Newark, Far Hills is an esteemed residential community where large estates on rolling hills list with million-dollar-plus price tags. "It's a beautiful town with rolling hills and mountains and lakes," says Realtor Lee M. Opperman with Coldwell Banker Realty, who's completely transparent that the town is only occupied by the wealthy. "Far Hills is very, very old money," he says. "It's a unique situation. It's a very small community, and it's very private. People that live there tend to stay there, and people that leave tend to leave their homes to their heirs."

Large estates on rolling hills

Far Hills has mostly single-family homes with a few townhouse options. Palatial multi-acre luxury estates are common and sometimes feature resort-style amenities. Traditional, Colonial Revival and Cape Cod architecture are standard, though French, farmhouse and ranch-style homes can be found as well. Most sales prices in the neighborhood fall between $1 and $3 million, but prices can sometimes climb as high as $10 million.

Highly rated private and public schools

"Far Hills doesn't have its own school, so a lot of the kids in Far Hills go to private schools," Opperman says. "Not a lot of Far Hills kids go to public schools." Far Hills is home to Far Hills Country Day School, a private K-8 school with an A-plus rating from Niche. Parents wanting their children to attend public school can send them to schools in Bernards Township School District, which gets an overall A-plus grade from Niche. They can start at the A-rated Liberty Corner Elementary before continuing to the A-rated William Annin Middle School and the A-plus-rated Ridge High School. Students at Ridge High School can take dual enrollment courses with Kean University, William Paterson University, Seton Hall University, and Raritan Valley Community College.

A scenic garden, the Far Hills Fairgrounds and the Far Hills Race Meet

Far Hills is home to Leonard J. Buck Garden, a picturesque 33-acre rock garden with ponds, streams and a variety of colorful plant life. At the Far Hills Fairgrounds, residents visit Atlantic Visiting Nurse's biannual rummage sales to raise money for the uninsured. The fairgrounds also hosts an annual Easter egg hunt and is enjoyed year-round for its basketball courts, swing set and fishing access on the Raritan River. The Far Hills Race Meeting attracts 75,000 visitors annually as one of the country's premier steeplechase horse race venues. Founded in 1875, the Far Hills Race Meeting today has the highest purses in the country for the sport.

Dining options in nearby Bedminster

Less than half a mile down the road, Bedminster has several dining options. Pizza Brothers is a casual local chain that serves Italian takeout and delivery. Delicious Heights is an upscale American tavern serving sandwiches, salads and other entrees. Trattoria Mediterranea is a family-owned Italian restaurant beloved by locals for its food and service alike. Three miles away, Ninety Acres is an upscale farm-to-table restaurant on a large estate with a lengthy wine list. Residents can buy groceries 3 miles away at The Fresh Market or Kings in Bedminster.

The Far Hills train station connects to Newark and New York City

Interstate 287 and U.S. Route 202 run through Far Hills, connecting the community to Newark, 31 miles east, and New York City, 41 miles east. Far Hills has a train station that offers NJ Transit routes to both destinations. "You're probably not living in Far Hills if you work in Manhattan every day, but it works if you work in Manhattan every once in a while," Opperman says. When traveling out of town, the closest airport is Newark. The nearest medical center to Far Hills is Robert Wood Johnson University Hospital Somerset, 11 miles south.

Ellen Daly
Written By
Ellen Daly

Interested in learning more about homes in this area? Reach out to Michele Klug, an experienced agent in this area.

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Schools

Source:
GreatSchools: The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process. View GreatSchools Rating Methodology

Far Hills Housing Trends

Housing Trends

Median List Price
$1,285,000
Median Sale Price
$1,285,000
Median Single Family Sale Price
$2,099,000
Median Townhouse Sale Price
$1,246,491
Median Change From 1st List Price
0%
Last 12 months Home Sales
23
Median Home Sale Price YoY Change
-55%
Average Price Per Sq Ft
$423

Neighborhood Facts

Number of Homes in Neighborhood
591
Number of Homes for Sale
10
Median Year Built
1993
Months of Supply
5.20
Average Single Family Home Size Sq Ft
6,701
Significantly above the national average
1,924
Average Townhouse Size Sq Ft
2,999
Median Lot Size Sq Ft
8,712

Homes for Sale

Distribution of Home Values

Source: Public Records

Average Home Value





Source: Public Records

Property Mix - Square Feet

Far Hills Has More Owners

Demographics

Total Population
844
Median Age
51
Population under 18
18.2%
Below the national average
23.8%
Population over 65
26.5%
Above the national average
19.1%

Finances

Median Household Income
$134,722
Significantly above the national average
$71,702
Average Household Income
$163,087

Education and Workforce

High School Graduates
99.5%
College Graduates
61.2%
Significantly above the national average
34.1%
Advanced Degrees
27.3%
Above the national average
13.3%
% Population in Labor Force
59.1%

Weather

Annual Precipitation
47''
Average Winter Low Temperature
20°F
Average Summer High Temperature
85°F
Annual Snowfall
5''

Area Factors

Somewhat Bikeable

Bike Score®®

20 / 100

Car-Dependent

Walk Score®®

1 / 100
Source: Walk Score
Source: Walk Score

Walk Score® measures the walkability of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address. CAP Index provides objective, accurate, and consistent data to help measure, compare, and mitigate crime risks.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. Our sources include: Accuweather, Public Records and Neustar. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Far Hills