HomeNew JerseySomerset CountyFar Hills
Far Hills, New Jersey: commercial real estate data.
Far Hills is a Census borough of 948 people across 4.85 square miles of land, in Somerset County. Median household income is $143,250, 87.1 percent of occupied homes are owned, and the SBA record carries 1 7(a) approvals to borrowers here worth $20,000 since FY2020.
Underlined figures are computed by MMCG Analytics, not published by the agency.
Far Hills
What Far Hills is
- Census place typeborough
- Land area4.85 sq mi
- Water area0.05 sq mi
- Population per square mile of land196
- County holding the largest share of its areaSomerset 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.
Far Hills
How many people live in Far Hills
- Population948
- Median age50.3
- Population under 18158 plus or minus 53
- Share under 1816.7 percent plus or minus 5.0
- Population 65 and over279
- Share 65 and over29.4 percent
- Households427
- Family households269
- Share of households that are families63.0 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Far Hills
Income and work in Far Hills
- Median household income$143,250 plus or minus $38,289
- Per capita income$115,732
- Civilian labor force542
- Employed503 plus or minus 109
- Unemployed39 plus or minus 27
- Unemployment rate7.2 percent plus or minus 4.8
- Adults 25 and over737
- Adults 25 and over with a high school diploma or higher97.8 percent
- Adults 25 and over with a bachelor degree or higher61.7 percent
- Adults 25 and over with a graduate degree34.5 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Far Hills
Housing in Far Hills
- Housing units452
- Occupied units427
- Vacant units25 plus or minus 21
- Vacancy rate5.5 percent plus or minus 4.6
- Owner occupied372
- Renter occupied55 plus or minus 24
- Ownership rate87.1 percent
- Median owner-occupied home value$792,100
- Median gross rent, monthly$1,554
- Annual rent as a share of median income13.0 percent plus or minus 4.3
- Single family units380
- Share single family84.1 percent
- Units in buildings of two or more72 plus or minus 27
- Share in buildings of two or more15.9 percent plus or minus 5.6
- Mobile homes0
- Median year structure built1988
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Far Hills
How Far Hills gets to work
- Workers 16 and over who commute395 plus or minus 85
- Commuting under 15 minutes90 plus or minus 35
- Share commuting under 15 minutes22.8 percent plus or minus 7.4
- Commuting 30 minutes or more168 plus or minus 41
- Share commuting 30 minutes or more42.5 percent
- Drove alone69.5 percent
- Carpooled5.8 percent plus or minus 2.5
- Public transport2.2 percent plus or minus 3.0
- Walked1.8 percent plus or minus 1.8
- Worked from home20.7 percent plus or minus 6.8
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Far Hills
SBA loans in Far Hills (7(a))
- Approvals1
- Gross approval$20,000
- Average approval$20,000
- Median approval$20,000
- Largest approval$20,000
- Jobs supported0
- Jobs per approval0.0
- Loans with a final outcome0
- Paid in full0
- Charged off0
- Median term120 months
- Share on real estate terms of 20 years or more0.0 percent
- Share to franchises0.0 percent
- Distinct lenders1
- Distinct industries by NAICS1
Counted by borrower city: approvals to borrowers whose address is in Far Hills, in any county, FY2020 to FY2026. Only 0 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Far Hills
SBA loans in Far Hills (504)
- Approvals1
- Gross approval$1,068,000
- Average approval$1,068,000
- Median approval$1,068,000
- Largest approval$1,068,000
- Jobs supported7
- Loans with a final outcome0
- Charged off0
- Median term240 months
- Distinct CDCs1
Counted by borrower city: approvals to borrowers whose address is in Far Hills, in any county, FY2010 to FY2026. Only 0 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published.
US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.
Far Hills
Flood risk in Far Hills
- NFIP communityBorough of Far Hills
- NFIP community number340433
- Participating in the NFIPYes
- Community Rating System classNone
- Currently effective map date09/28/07
The Borough of Far Hills participates in the National Flood Insurance Program as community 340433 and carries no Community Rating System class, so no CRS premium discount applies to it.
Federal Emergency Management Agency, NFIP Community Status Book (OpenFEMA), as of 2026-09-26.
Somerset County, not Far Hills
Somerset County context, not Far Hills figures
- Establishments in Somerset County9,831
- Covered employment, Somerset County190,468
- Average annual pay, Somerset County$106,418
- Housing units permitted, Somerset County635
Every figure in this section is published for Somerset County as a whole and is not a measurement of Far Hills.
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.
Coverage
What this page does not hold.
Parcel detail, zoning and the flood zone at an address are not on this page; they resolve at the address in the platform. How this page was built →
Common questions
Far Hills questions, answered from the record.
How many people live in Far Hills, New Jersey?
948, in 427 households. Far Hills borough covers 4.85 square miles of land, which is 196 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
What county is Far Hills in?
Somerset 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 Far Hills?
$143,250. The median owner-occupied home is valued at $792,100. Median gross rent is $1,554 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
How much SBA lending goes to Far Hills businesses?
1 7(a) approvals totaling $20,000 since FY2020, across 1 lenders, median approval $20,000, plus 1 504 approvals worth $1.1 m since FY2010. These count approvals to borrowers whose address is in Far Hills, not projects sited inside the place boundary, and they are approvals recorded in the release rather than loans disbursed.
Do SBA loans to Far Hills borrowers get paid back?
No rate is published for Far Hills. Only 0 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published. The counts are shown instead.
Is Far Hills in the National Flood Insurance Program?
Yes. Far Hills appears in the FEMA Community Status Book as Far Hills, borough of, community 340433, with no Community Rating System class, so no CRS discount applies. Whether a specific parcel sits in a mapped special flood hazard area is an address level question the platform answers.
Are the county figures on this page Far Hills figures?
No, and they are labeled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for Somerset 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 Far Hills.
Is zoning published for Far Hills?
No. Nothing on this page presents parcel level zoning.