Multi-family Homes Foreclosure in Florham Park, NJ

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Foreclosure Homes in Florham Park, NJ

Find the best foreclosure homes listings for sale — bank-owned, government (Fannie Mae, Freddie Mac, HUD, etc.) and others — in and near the Florham Park, NJ area at Get information on foreclosure homes for rent, how to buy foreclosures in Florham Park, NJ and much more. Save thousands at closing with home foreclosure listings in Florham Park, NJ — up to 75% off market value!

Top Reasons To Live In Florham Park, NJ In 2022

Florham Park is located in Morris, New Jersey, with an estimated municipal population of 11,496 residents. All of the best foreclosed homes for sale in Florham Park are located in the following zip code areas on 07961 07932. The estimated population per square kilometer (.62 miles) in Florham Park is 607.

Cost Of Living In Florham Park, NJ

So, about how much do homes cost in Florham Park? The most recent median value of resident-owned homes in Florham Park is 646,037. An estimated 68.6 percent of households in Florham Park own their homes, with an average family size of 3.02. The median household income in Florham Park is 128,071, with58.4 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Florham Park, the median commute time of resident workers (in minutes) is 28.5. And last, but certainly not least, are you looking for homes to rent in Florham Park? If so, the average rent price paid by renters in Florham Park is 2,441, according to recent statistics.

Diversity And Demographics In Florham Park, New Jersey

Where a home is located is almost just as important as the home itself. Whether you are a first-time homebuyer or are relocating to Florham Park, it is essential to take a deep dive into your potential future neighborhood. Homeownership is often a long-term relationship; therefore, be sure to do your due diligence to ensure that you make the best long-term decision.

The median age of residents in Florham Park is 40.2, split between 48.1 percent male versus 51.9 female. The percentage of residents who report being married in Florham Park is 47, with an average family size of 3.02.

The percentage of residents who report their race in Florham Park is as follows:

White 85%
Black / African American 4.1%
Asian 9%
American Indian / Alaskan Native 0.2%
Native Hawaiian / Other Pacifc Islander 0%
Multi-racial 1.4%
Other 0.3%

Looking for family-friendly neighborhoods in and/or near Florham Park? Or maybe you are searching for 55+ active adult communities in and/or near Florham Park?

The percentage of residents who report their age in Florham Park is as follows:

Under 10 9.4%
Aged 10-19 12%
20s 19.5%
30s 8.9%
40s 11.2%
50s 13%
60s 10.6%
70s 8.5%
80+ 6.7%

Best Schools In Florham Park, New Jersey

It was a rollercoaster ride for academics in 2020, with school districts throughout the nation transferring their classes online because of the global pandemic. Numerous school districts will continue online courses, while others will welcome students back to campus. Regardless, homebuyers are shopping for homes in Florham Park with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Florham Park.

Pros And Cons Of Living In Florham Park, New Jersey

How do you know that living in -- or moving to -- Florham Park is right where you need to be? Perhaps you grew up in Florham Park or already live nearby; therefore, the decision to buy a home in Florham Park is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Florham Park for work or just looking for a fresh start, getting a read on a neighborhood from afar (online) can be tricky... and exhausting.

Here are some questions to ask yourself when shopping for foreclosed homes for sale in Florham Park:

  • What type of neighborhood environment (suburban, urban, rural, etc.) do you prefer?
  • What types of shopping (mom and pop, mall, big box), restaurants (fast food, chain, local) and businesses (small, big, mixed) would you like nearby?
  • What leisure-time activities (golf, biking, hiking, etc.) do you enjoy?
  • What type of commute (car, plane, home office) do you seek?

In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Florham Park.

Reasons To Move To Florham Park, New Jersey, In 2022

Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Florham Park can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Florham Park, meanwhile, can field multiple offers from more qualified buyers.

Florham Park, NJ Multi-family Homes Foreclosures


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