Florham Park, NJ Commercial Investment Properties for Sale
Explore commercial real estate investment properties for sale in Florham Park, New Jersey Market population: 12K. Browse multifamily, office, retail, industrial, and mixed-use...
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12 properties found
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⭐ Featured
Strategic Oakland Investment: 5476 Vicente Way in High-Demand 94609 Zip Code
$1,200,000
Oakland
Multifamily
Cap Rate
2.70%
NOI
$32,400
Size
1,800 SF
📊 Avg Property Tax Rate For Florham Park NJ Properties: 1.6000%
⭐ Featured
High-Cap-Rate Value-Add Multifamily Investment in Oakland
$2,299,999
Oakland
Multifamily
Cap Rate
7.97%
NOI
$183,323
Size
6,104 SF
Investor Questions For Florham Park NJ
Common questions from investors exploring commercial real estate in Florham Park NJ.
What is the overall investment potential of Florham Park, NJ?
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The combination of a high median household income of $106,424, a relatively low poverty rate of 6.6%, and a strong health insurance coverage rate of 98.2% suggests a stable and attractive market for real estate investment, with a diverse population of White, White Non-Hispanic, and Asian residents.
How does the commute time and transportation infrastructure impact the rental market?
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The average commute time of 30 minutes, with top commute methods including driving alone, working from home, and walking, indicates a well-connected and convenient location for renters, which is further supported by the top industries of Information, Transportation & Warehousing, and Finance & Insurance, providing a strong demand for housing.
What are the key factors to consider when assessing tenant quality in Florham Park, NJ?
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The low poverty rate of 6.6% combined with a high health insurance coverage rate of 98.2% and a median age of 40.9 suggests a working-class market with employment stability, while the foreign born rate of 24.1% and top ethnicities of White, White Non-Hispanic, and Asian indicate a diverse and potentially resilient tenant base.
How does the local economy and industry diversity impact the real estate market?
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The top industries of Information, Transportation & Warehousing, and Finance & Insurance, along with a median household income of $106,424 and a GINI coefficient of 0.467, indicate a diverse and relatively equitable economy, which can contribute to a stable and growing real estate market, with a median property value of $627,800 and a homeownership rate of 70.7%.
What are the implications of the demographic characteristics of Florham Park, NJ for real estate investors?
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The combination of a high median age of 40.9, a low poverty rate of 6.6%, and a high health insurance coverage rate of 98.2%, along with a diverse population and a strong economy, suggests a market with a high potential for long-term appreciation and rental yield, with a median property taxes of $3,118 and an average commute time of 30 minutes, making it an attractive location for investors seeking stable and growing returns.
Florham Park NJ Real Estate & City Facts
Key facts and real estate information about Florham Park NJ.
What are some of the best neighborhoods to live in Florham Park?
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Some of the best neighborhoods to live in Florham Park include the south parts of the city, which tend to be more desired, while more affordable homes can be found in the north regions. According to Nextdoor, the best places to live in Florham Park consider cost of living, home prices, friendliness, and crime/safety reports.
What are some fun things to do in Florham Park?
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There are plenty of fun things to do in Florham Park, including visiting The Funplex, Imagine That!, and other amusement parks and venues. According to Tripadvisor, some of the top attractions in Florham Park include tours, music, theater, and other activities. You can also check out the Florham Park Travel Guide for more ideas.
What is the food scene like in Florham Park?
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The food scene in Florham Park is diverse and offers a range of options, including Italian cuisine at restaurants like Lucco Cucina & Bar and Angelina's Trattoria. You can also find upscale dining at Park Avenue Club, which offers al fresco patios and private dining. Additionally, there are plenty of great food trucks and other eateries to explore.
What are the pros and cons of living in Florham Park?
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The pros of living in Florham Park include its desirable neighborhoods, affordable homes, and range of activities and attractions. However, some cons include the potential for traffic and parking issues, particularly in areas like Hoboken. Overall, Florham Park is a great place to live, with a strong sense of community and plenty of things to do.
Is Florham Park a good place to live?
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Yes, Florham Park is a good place to live, offering a unique blend of small-town charm and big-city amenities. With its desirable neighborhoods, range of activities and attractions, and strong sense of community, Florham Park is an excellent choice for those looking to relocate to the area. However, as with any place, there are potential downsides to consider, such as traffic and parking issues. Overall, Florham Park is a great place to call home.
⭐ Featured
Prime Oakland Multifamily Investment: 6-Unit Apartment Building with 7.97% Cap Rate in Temescal
$2,299,999
Oakland
Apartment Building
Cap Rate
7.97%
NOI
$183,300
Size
0 SF
📊 Average Income For Florham Park NJ Commercial Property: $106,424
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⭐ Featured
Prime Oakland Multifamily Investment: 6-Unit Property with 7.97% Cap Rate in Temescal
$2,299,999
Oakland
Multifamily
Cap Rate
7.97%
NOI
$183,324
Size
0 SF
⭐ Featured
Prime 18-Unit Multifamily Investment in Central City, CO - 5.70% Cap Rate
$5,800,000
Central City
Multifamily
Cap Rate
5.70%
NOI
$330,380
Size
13,454 SF
⭐ Featured
New Construction 18-Unit Multifamily Asset in Central City, CO - 5.70% Cap Rate
$5,800,000
Central City
Multifamily
Cap Rate
5.70%
NOI
$330,380
Size
13,454 SF
⭐ Featured
New Construction 18-Unit Multifamily Asset in Central City, CO - 5.70% Cap Rate
$5,800,000
Central City
Multifamily
Cap Rate
5.70%
NOI
$330,380
Size
13,454 SF
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⭐ Featured
Prime Value-Add Opportunity: 8-Unit Multifamily Asset in San Fernando, CA
$1,750,000
San Fernando
Multifamily
Cap Rate
6.66%
NOI
$116,550
Size
5,040 SF
⭐ Featured
Prime Valley Village Multifamily: 48-Unit Modern Apartment Complex with 3.39% Cap Rate
$30,000,000
Valley Village
Multifamily
Cap Rate
3.39%
NOI
$1,017,000
Size
52,393 SF
⭐ Featured
Prime San Fernando Multifamily: 5-Unit Value-Add Opportunity with 7.76% Cap Rate
$1,275,000
San Fernando
Multifamily
Cap Rate
7.76%
NOI
$98,945
Size
10,888 SF
⭐ Featured
Prime Turnkey Investment: Modern 2022 Multifamily Condo in Miami's High-Growth 33127
$2,450,000
Miami
Multifamily (Condo)
Cap Rate
%
NOI
$0
Size
30,000 SF
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⭐ Featured
Prime Investment Opportunity: 1531 Green St, Philadelphia, PA - Value-Add Multifamily Asset
$1,375,000
Philadelphia
Multifamily
Cap Rate
%
NOI
$0
Size
6,624 SF
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