HomeNew JerseyMorris CountyFlorham Park borough
Florham Park borough, New Jersey: commercial real estate data.
Florham Park borough is a Census borough of 13,564 people across 7.31 square miles of land, in Morris County. Median household income is $158,696, 69.8 percent of occupied homes are owned, and the SBA record carries 31 7(a) approvals to borrowers here worth $15.5 m.
76 sourced place values · tier FULL · 8 sections
Florham Park
What Florham Park is
- Census place typeborough
- Land area7.31 sq mi
- Water area0.16 sq mi
- Population per square mile of land1,855
- County holding the largest share of its areaMorris County, 100.0 percent
US Census Bureau, cartographic boundary file, places, 2024 vintage. US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Florham Park
How many people live in Florham Park
- Population13,564
- Median age40.9
- Population under 182,435
- Share under 1818.0 percent
- Population 65 and over2,872
- Share 65 and over21.2 percent
- Households4,668
- Family households3,179
- Share of households that are families68.1 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Florham Park
Income and work in Florham Park
- Median household income$158,696
- Per capita income$78,037
- Civilian labor force7,059
- Employed6,679
- Unemployed380 plus or minus 167
- Unemployment rate5.4 percent plus or minus 2.3
- Adults 25 and over8,741
- Adults 25 and over with a high school diploma or higher98.9 percent
- Adults 25 and over with a bachelor degree or higher69.9 percent
- Adults 25 and over with a graduate degree33.6 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Florham Park
Housing in Florham Park
- Housing units5,058
- Occupied units4,668
- Vacant units390 plus or minus 166
- Vacancy rate7.7 percent plus or minus 3.3
- Owner occupied3,257
- Renter occupied1,411
- Ownership rate69.8 percent
- Median owner-occupied home value$791,400
- Median gross rent, monthly$3,109
- Annual rent as a share of median income23.5 percent
- Single family units3,223
- Share single family63.7 percent
- Units in buildings of two or more1,835 plus or minus 387
- Share in buildings of two or more36.3 percent plus or minus 7.3
- Mobile homes0
- Median year structure built1984
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Florham Park
How Florham Park gets to work
- Workers 16 and over who commute4,524
- Commuting under 15 minutes1,284
- Share commuting under 15 minutes28.4 percent
- Commuting 30 minutes or more1,640 plus or minus 343
- Share commuting 30 minutes or more36.3 percent
- Drove alone53.6 percent
- Carpooled5.0 percent plus or minus 2.4
- Public transport5.5 percent plus or minus 2.7
- Walked3.7 percent plus or minus 1.3
- Worked from home30.9 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Florham Park
SBA 7(a) lending to Florham Park borrowers
- Approvals31
- Gross approval$15,532,500
- Average approval$501,048
- Median approval$243,000
- Ninetieth percentile approval$779,500
- Largest approval$3,709,000
- Jobs supported302
- Jobs per approval9.7
- Loans with a final outcome6
- Paid in full6
- Charged off0
- Median term120 months
- Share on real estate terms of 20 years or more12.9 percent
- Share to franchises25.8 percent
- Distinct lenders17
- Distinct industries by NAICS23
A charge-off rate is not published here. only 6 resolved loans, too few to publish a rate, and a rate over that few outcomes would move several points on one loan.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Florham Park
SBA 504 lending to Florham Park borrowers
- Approvals5
- Gross approval$10,221,000
- Average approval$2,044,200
- Median approval$1,946,000
- Largest approval$3,803,000
- Jobs supported134
- Loans with a final outcome1
- Charged off0
- Median term240 months
- Distinct CDCs2
US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.
Morris County, not Florham Park
Morris County context, not Florham Park figures
These are Morris County figures. There is no place level equivalent published for any of them, so they are shown as the county backdrop and never as Florham Park measurements.
- Establishments in Morris County16,518
- Employment at those establishments, Morris County301,249
- Covered employment, Morris County298,824
- Average annual pay, Morris County$101,208
- Average weekly wage, Morris County$1,946
- Housing units permitted, Morris County2,055
- Of those, single family, Morris County864
- County product, 2024, Morris County$74,395,289,000
- County product change over the prior year, Morris County4.3 percent
- Average income of an arriving household, Morris County$142,777
Every figure in this section is published for Morris County as a whole and is not a measurement of Florham Park. It is here because a county backdrop is what a credit committee reads a place against, and it is labelled so that it can never be quoted as the place's own.
US Census Bureau, County Business Patterns, 2023. US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages. US Census Bureau, Building Permits Survey, 2024 annual. US Bureau of Economic Analysis, Regional, table CAGDP2, CAGDP2, through 2024. US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Coverage
What this page does not hold.
Every item below could be filled with a plausible figure. None of them is. On a page a lender may read, a number that cannot be traced is worse than an absence, so the absences are named.
- This place is not listed as a community in the FEMA Community Status Book, so no NFIP participation or CRS class is shown.
- Parcel level detail, zoning and flood zone at an address are resolved in the platform, not on this page.
SBA figures count approvals to borrowers whose address is in the place. They are not approvals for projects inside the place boundary: the tape records a borrower city and a project county, and those can differ.
Common questions
Florham Park questions, answered from the record.
How many people live in Florham Park, New Jersey?
13,564, in 4,668 households. Florham Park borough covers 7.31 square miles of land, which is 1,855 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
What county is Florham Park in?
Morris County, which holds 100.0 percent of the place by area. Source: US Census Bureau, cartographic boundary file, places, 2024 vintage.
What is the median household income in Florham Park?
$158,696. The median owner-occupied home is valued at $791,400. Median gross rent is $3,109 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
How much SBA lending goes to Florham Park businesses?
31 7(a) approvals totalling $15.5 m, across 17 lenders, median approval $243,000, plus 5 504 approvals worth $10.2 m. These count approvals to borrowers whose address is in Florham Park, not projects sited inside the place boundary, and they are approvals recorded in the release rather than loans disbursed.
Do SBA loans to Florham Park borrowers get paid back?
No rate is published for Florham Park. only 6 resolved loans, too few to publish a rate, and a percentage over that few outcomes would move several points on a single loan. The counts are shown instead.
Are the county figures on this page Florham Park figures?
No, and they are labelled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for Morris County as a whole and there is no place level equivalent. They appear in one clearly marked section as context and are never presented as measurements of Florham Park.
Is zoning published for Florham Park?
Not yet. The zoning layer is in build. Nothing on this page presents parcel level zoning.