07931 Real Estate Market Overview

Could Far Hills, NJ 07931 be your next home? Kick-start your search with Trulia’s real estate guide and home search. With interactive maps and charts, Trulia provides a comprehensive overview of market trends, schools, demographics, and lifestyle data to help you learn all about 07931. Not sure which neighborhood is for you? Check out our Nearby Places section below to explore popular cities near 07931 such as Bern...ardsville and Bedminster. When you’re ready, Trulia has 36 resale and new homes in 07931 lined up for you, including open houses, and homes in the pre-foreclosure, auction, or bank-owned stages of the foreclosure process. View more

$855,000

Median Sales Price

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$251

Price Per Sqft

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$2,350

Median Rent Per Month

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Housing Market Trends

Market trends help you understand the movement of key price indicators. Trends in 07931 show a -16% year-over-year drop in median sales price and a 0% rise in median rent per month.

Median Sales Price
The median sales price for homes in 07931 for May 24 to Aug 23 was $855,000 based on 14 home sales.
Price Per Square Ft.
Average price per square foot for 07931 was $251, a decrease of -6% compared to the same period last year.
Median Rent Per Month
The median rent per month for apartments in 07931 for Jul 24 to Aug 24 was $2,350.

Crime

Most frequent crimes in the past year

Knowing more about crime activity in and around 07931 can help keep you aware of crime in the area. Crime activity is most helpful when comparing two locations to understand the relative safety of each location.

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Crime data for the past year is not available at this location.


Best Schools in 07931

There are 25 schools in 07931.

Elementary Schools
9

Mendham Twp Elementary School

Public, PK-4

8

Bedminster Township Elementary School

Public, PK-8

8

Liberty Corner Elementary School

Public, PK-5

Middle Schools
10

Mendham Twp Middle School

Public, 5-8

9

Long Valley Middle School

Public, 6-8

8

Bedminster Township Elementary School

Public, PK-8

High Schools
9

West Morris Central High School

Public, 9-12

9

West Morris Mendham High School

Public, 9-12

9

Ridge High School

Public, 9-12


Demographics

Get to know your neighbors in 07931 by reviewing our census driven map. Get insights into median age, how many people are married, and percentage of people with a college degree.

Single residents
22%
Single residents
Home owners
81%
Home owners
Median age
44
Median age
Household income
$134,397
Median household income
College educated
69%
College educated

Commute

Most people in 07931 commute by car. Learn how neighbors in this area get to work so you can consider how you might commute if you lived here, too.

Commute Type
91% commute by car
0% commute by bike
6% commute by public transportation
2% commute by foot

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