Median Age
40 Years
Largest Age Group
20-29 Years
Approximately 17% of Residents
Under 20
22%
Over 65
21%
Avg Rent
$2,950
Population
12,594
Renter Mix
35% Rent
Florham Park takes its name from Florence Vanderbilt Twombly, who built her 840-acre estate here in the late 1800s. Located 14 miles west of Newark in Morris County, this leafy borough offers tree-lined streets and well-kept green spaces with a quiet suburban rhythm that feels removed from city bustle while staying connected.
Daily life revolves around outdoor recreation, local dining along Ridgedale Avenue, and easy access to neighboring Madison and Chatham. Fairleigh Dickinson University's Florham Campus adds academic energy to the area. Football fans know the borough as home to the New York Jets' headquarters and training facility, bringing the NFL to the community's doorstep each season.
The rental market leans toward spacious apartment communities and townhome-style rentals with more square footage than you'd find closer to the city. Options range from garden-style communities among mature trees to updated units with modern finishes.
Median Household Income
$142,448
Average: $166,811
Education
6,202
Residents Have a Degree
Job Market
6,314
Workers Employed
Median Age
40 Years
Largest Age Group
20-29 Years
Approximately 17% of Residents
Under 20
22%
Over 65
21%
Housing Distribution
Florham Park has more homeowners than renters.
Education Distribution
Review this city's overall education levels.
As of April 2026, the average apartment rent in Florham Park, NJ is $2,950 for one bedroom, $3,633 for two bedrooms, and $3,886 for three bedrooms. Apartment rent in Florham Park has increased by 0.5% in the past year.
Explore how walkable, bikeable, drivable, and transit-friendly Florham Park, NJ is for everyday living.
Fairly Walkable
Walkability
Limited Public Transit
Transit
Exceptionally Drivable
Drivability
Fairly Bikeable
Bikeability
Public
Grades K-5
331 Students
Public
Grades PK-5
325 Students
Public
Grades 6-8
296 Students
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© 2026. All rights reserved.
† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.
Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.
Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in February 2026.
Demographic information comes from Neustar and combines detailed address data with U.S. Census and American Community Survey statistics to produce reliable local estimates.