ACS 2021 release
2017-2021 five-year estimate
- Median home value B25077
- —Margin of error not available
- Median gross rent B25064
- —Margin of error not available
- Population B01003
- 337Margin of error ±95
Rental market · ZIP 07961 · Florham Park, NJ
ZIP 07961, Florham Park, NJ rental market
Population 333 · Florham Park, Morris County, NJ · ZIP Code Tabulation Area
Limited data · ACS 2024 5-year
Not ranked
Population is 333 (below the 500 floor for ranking), so survey estimates are too noisy to rank reliably.
It stays searchable; available government estimates remain below (data tier: Limited data).
Key metrics
333
Population
±160 ±48% wide
Market context
Trend context
Loading population context…
View source data
Each point is one ACS 5-year estimate on the same 2020-Census ZCTA boundary. Adjacent releases overlap, so the release-to-release differences are not independent annual market movement.
| Series | 2017–2021 | 2018–2022 | 2019–2023 | 2020–2024 |
|---|---|---|---|---|
| Median home value B25077 | — | — | — | — |
| Median gross rent B25064 | — | — | — | — |
| Population B01003 | 337 ±95 | 343 ±135 | 342 ±124 | 333 ±159 |
ACS 2022 release
2018-2022 five-year estimate
- Median home value B25077
- —Margin of error not available
- Median gross rent B25064
- —Margin of error not available
- Population B01003
- 343Margin of error ±135
ACS 2023 release
2019-2023 five-year estimate
- Median home value B25077
- —Margin of error not available
- Median gross rent B25064
- —Margin of error not available
- Population B01003
- 342Margin of error ±124
ACS 2024 release
2020-2024 five-year estimate
- Median home value B25077
- —Margin of error not available
- Median gross rent B25064
- —Margin of error not available
- Population B01003
- 333Margin of error ±159
Source: U.S. Census Bureau, American Community Survey 5-year, table-based Summary File (ZCTA geography); tables B25077 (median value), B25064 (median gross rent), and B01003 (population); estimate + margin of error. Missing releases remain gaps and are never interpolated. Home value is owner-reported; gross rent describes renter housing stock; population is a ZCTA estimate. Dollar figures are nominal.
Underwrite with these as starting points
No ACS median value is published for this area, so nothing is pre-filled; every calculator input is editable. Owner-occupied median value and renter median gross rent describe different housing stock: the median-valued home is not the typical rental, so this is a screen, not a listing, appraisal, asking rent, cap rate, or forecast. Bring your own entry price and rent.
ZIP Codes bordering 07961
3 ZIP Code areas share a land boundary with 07961 in the official Census 2020 ZCTA map, ordered by shared-boundary length, not ZIP-number proximity or driving distance. 3 of them are in CE’s ranked set and are listed below, each with its own Rental Investor ZIP Score, grade and national rank, read from the same published dataset as this page. The rest are counted here and searchable from the ZIP Code explorer. A neighbour’s score is a score for that area, never for 07961, and this list is ordered by border length, so it is not a ranking and no neighbour is called best.
Evidence, sources & limitations
Official geography: Florham Park borough, Morris County. Analytical entity: the U.S. Census ZIP Code Tabulation Area (ZCTA) 07961, an approximation of the USPS ZIP delivery area, not its exact route boundaries. Model z3-measured-v1; data ACS 2024 5-year.
This ZIP Code area is primarily in Morris County, overlapping Florham Park, by land-area overlap from the official Census 2020 ZCTA relationship files (not population or address share).
| Population | survey ACS B01003 · ±48% margin of error |
|---|
Class: survey = ACS estimate (with margin of error); derived = computed from ACS. The survey gross-rent yield is a proxy (renter gross rent vs owner-occupied value, different housing stock; ACS top-codes very high values/rents) and is not a cap rate. Subscores are national percentiles among data-eligible areas; ranks are competition-ranked with deterministic ties. No vendor, listing, parcel, or school data. Not investment advice.