Home prices
The value of the median home in Far Hills is $789,100. This is approximately $175,700 (28%) higher compared to the surrounding areas.It is roughly $571,600 (262%) higher compared to the entire country, and in comparison to the city of New York is about $183,100 (30%) higher.
Rents
In Far Hills the median monthly rent is $2,167. It is about $625 (40%) higher compared to its surrounding areas.It is roughly $1,105 (104%) higher in comparison to the entire nation, and is about $724 (50%) higher compared to the city of New York.
Nearby places
Peapack and Gladstone
Peapack and Gladstone is Far Hills's neighbor to the northwest. Its real estate prices are a bit less expensive. The median home in Peapack and Gladstone is valued at $680,900, which works out to $108,200 (15%) lower than Far Hills. Rents there are significantly less expensive. The median monthly rent in Peapack and Gladstone is $1,526, which comes out to $641 (42%) lower than Far Hills.
Bernardsville
Bernardsville is Far Hills's neighbor to the northeast. Housing prices there are a bit less expensive. The value of the median home in Bernardsville is $681,500, which is $107,600 (15%) lower than Far Hills. Rent there is a little less expensive. In Bernardsville the median monthly rent is $1,787, which works out to $380 (21%) lower than Far Hills.
Mendham
Mendham is roughly 5 miles north of Far Hills. Housing prices there are somewhat less expensive. Mendham's median home value is $662,300, which is $126,800 (19%) lower than Far Hills. Rents there are substantially less expensive. Mendham's median rent is $1,581 a month, which works out to $586 (37%) lower than Far Hills.
Green Knoll
Green Knoll is approximately 5 miles south from Far Hills. Real estate prices there are significantly less expensive. The median home in Green Knoll is valued at $482,500, which works out to $306,600 (63%) lower than Far Hills. Rents there are a lot less expensive. In Green Knoll the median rent is $1,161 a month, which is $1,006 (86%) lower than Far Hills.
Martinsville
Martinsville is approximately 6 miles south from Far Hills. Real estate prices there are a lot less expensive. The median home in Martinsville costs $559,800, which comes out to $229,300 (40%) lower than Far Hills. Rents there are a bit less expensive. Martinsville's median rent is $1,657 per month, which comes out to $510 (30%) lower than Far Hills.
