Property prices for rent in Florham Park (New Jersey)
The rent prices in real estate in Florham Park, in the New Jersey region have risen considerably in the last couple of months. There has been a strong rise in the rent prices this city.
The price per sq.feet in Florham Park has risen strongly during the last 6 months. In November, the average price per sq.feet was $3.83. In December this price barely changed remaining at $3.64 per sq.feet. The price for the following two months in (January, February) had a considerable rise of 16955 %. The price per sq.feet has had a considerable fall of 84 % in the last two months compared to the average price for the previous four months. This was obtained by comparing the first four months of the period going from a price per sq.feet of $318.51 to $266.01 during March, and April.
When referring to the price in Florham Park (cities), this has fallen in the last 6 months. In our first sample month during November, the average price is $4,199. In December This price remains at $4,044. During the following two months (January, February) the average price fell 90 % with regard to the previous two months. During the last two months, the average price has barely gone through any changes with regard to the previous average values going from an average value of $3,907.5 and $3,867 between March and April.
The graph displaying the average rent price for bedrooms illustrates that those properties with 4 bedrooms are the most affordable ones. At a price of $3,715 they are 44 % more affordable than the average price for Florham Park . The properties with the highest average price have 3 bedrooms, Their price is 25 % more expensive than the average. After that we have properties with 2 bedrooms priced at $3,565.
With regard to the average price per sq.feet, those properties with 2 bedrooms are the most affordable ones at a cost of $3.01 / sq.feet, with an average $3.46 / sq.feet price in Florham Park. The properties with the most expensive average prices have 3 bedrooms. They are 30314 % more expensive than the average followed by properties with 1 bedroom with a price at $4 / sq.feet.
According to average price per property type in Florham Park, "" priced at $2,090 is 44 % lower than the average price ($3,715) in this city.
