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07931 Zip Code Detailed Profile

 



Profiles Far Hills, NJ (07931) houses, apartments, residents, cars, jobs...

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City: Far Hills, NJ
Somerset County, NJ
Zip code population (2000): 2,766
Estimated zip code population in 2007: 2,898



Age and Sex of Residents in zip code 07931

Zip code 07931 (Far Hills, New Jersey) real estate house value trends

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Houses and condos: 1,043
Renter-occupied apartments: 181
% of renters here:  18%
State:  34%

2008 cost of living index in zip code 07931: 154.4 (very high, U.S. average is 100)

Land area: 16.8 sq. mi.
Water area: 0.1 sq. mi.
Population density: 173 people per square mile 
 
 (very low).

Estimate of real estate property taxes paid for housing units in 2007:
This zip code:  1.6% ($7,963)
New Jersey:  3.6% ($4,047)

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Males: 1,319  (47.7%)
Females: 1,447  (52.3%)

Zip code 07931 races chart


Urban population: 1,418
Rural population: 1,348

Estimated median house/condo value in 2007: $1,617,587
07931:  $1,617,587
New Jersey:  $372,300

According to our research of public records there were no registered sex offenders living in this zip code in early 2007.

Median resident age:  41.3 years
New Jersey median age:  36.7 years

Average household size:
This zip code:  2.7 people
New Jersey:  2.7 people

Averages for the 2004 tax year for zip code 07931, filed in 2005:
Average Adjusted Gross Income (AGI) in 2004: $471,526 (Individual Income Tax Returns)
Here:  $471,526
State:  $64,921

Salary/wage: $388,879 (reported on 68.8% of returns)
Here:  $388,879
State:  $57,755
(% of AGI for various income ranges: -51.3% for AGIs below $10k, 51.8% for AGIs $10k-25k, 64.3% for AGIs $25k-50k, 64.1% for AGIs $50k-75k, 57.0% for AGIs $75k-100k, 55.4% for AGIs over 100k)

Taxable interest for individuals: $17,308 (reported on 75.6% of returns)
This zip code:  $17,308
New Jersey:  $2,068
(% of AGI for various income ranges: -14.2% for AGIs below $10k, 7.2% for AGIs $10k-25k, 4.6% for AGIs $25k-50k, 4.5% for AGIs $50k-75k, 4.5% for AGIs $75k-100k, 2.5% for AGIs over 100k)

Taxable dividends: $27,436 (reported on 72.1% of returns)
Here:  $27,436
State:  $3,959
(% of AGI for various income ranges: -9.5% for AGIs below $10k, 8.2% for AGIs $10k-25k, 5.8% for AGIs $25k-50k, 5.7% for AGIs $50k-75k, 7.7% for AGIs $75k-100k, 4.0% for AGIs over 100k)

Net capital gain/loss: +$151,691 (reported on 65.8% of returns)
Here:  +$151,691
State:  +$13,591
(% of AGI for various income ranges: -5.0% for AGIs below $10k, 5.0% for AGIs $10k-25k, 1.0% for AGIs $25k-50k, 0.6% for AGIs $50k-75k, 2.2% for AGIs $75k-100k, 21.5% for AGIs over 100k)

Profit/loss from business: +$41,313 (reported on 20.1% of returns)
Here:  +$41,313
State:  +$17,520
(% of AGI for various income ranges: 0.2% for AGIs below $10k, 11.8% for AGIs $10k-25k, 11.8% for AGIs $25k-50k, 11.7% for AGIs $50k-75k, 5.4% for AGIs $75k-100k, 1.5% for AGIs over 100k)

IRA payment deduction: $4,379 (reported on 3.5% of returns)
07931:  $4,379
New Jersey:  $3,270

Self-employed pension: $24,189 (reported on 5.5% of returns)
Here:  $24,189
New Jersey:  $17,258

Total itemized deductions: $114,834 (0% of AGI, reported on 59.5% of returns)
Here:  $114,834
State:  $23,924
(% of AGI for various income ranges: -3.4% for AGIs below $10k, 29.0% for AGIs $10k-25k, 18.4% for AGIs $25k-50k, 27.0% for AGIs $50k-75k, 23.0% for AGIs $75k-100k, 14.0% for AGIs over 100k)

Charity contributions deductions: $32,640 (4.0% of AGI, reported on 55.3% of returns)
Here:  $32,640
New Jersey:  $3,242

Here:  4.0% of AGI
State:  2.7% of AGI
(% of AGI for various income ranges: -0.4% for AGIs below $10k, 1.1% for AGIs $10k-25k, 2.3% for AGIs $25k-50k, 2.8% for AGIs $50k-75k, 3.3% for AGIs $75k-100k, 3.8% for AGIs over 100k)

Total tax: $139,023 (reported on 83.2% of returns)
07931:  $139,023
State:  $12,321
(% of AGI for various income ranges: -1.3% for AGIs below $10k, 5.8% for AGIs $10k-25k, 9.3% for AGIs $25k-50k, 11.4% for AGIs $50k-75k, 11.2% for AGIs $75k-100k, 24.7% for AGIs over 100k)

Earned income credit: $1,457 (reported on 2.1% of returns)
Here:  $1,457
State:  $1,711
(% of AGI for various income ranges: -0.1% for AGIs below $10k, 2.0% for AGIs $10k-25k)

Percentage of individuals using paid preparers for their 2004 taxes: 78.8%
Here:  79%
State:  65%
(% for various income ranges: 79.2% for AGIs below $10k, 72.9% for AGIs $10k-25k, 66.1% for AGIs $25k-50k, 79.3% for AGIs $50k-75k, 76.5% for AGIs $75k-100k, 82.7% for AGIs over 100k)


Estimated median household income in 2007: $161,575
This zip code:  $161,575
New Jersey:  $67,035
Far Hills, NJ (07931) map

Nearest zip codes: 07977, 07934, 07921, 07924, 07920, 07979.


Percentage of family households:
This zip code:  77.0%
Whole state:  70.3%

Percentage of households with unmarried partners:
This zip code:  2.9%
Whole state:  4.9%

Likely homosexual households (counted as self-reported same-sex unmarried-partner households)
  • Lesbian couples: 0.2% of all households
  • Gay men: 0.2% of all households

Housing units in zip code 07931 with a mortgage: 364 (37 second mortgage, 43 home equity loan, 0 both second mortgage and home equity loan)
Houses without a mortgage: 170


Median monthly owner costs for units with a mortgage: $4,658

Median monthly owner costs for units without a mortgage: $5,851

Residents with income below the poverty level in 2007:
This zip code:  2.2%
Whole state:  8.6%

Residents with income below 50% of the poverty level in 2007:
This zip code:  1.9%
Whole state:  3.9%

Median number of rooms in houses and condos:
Here:  9.1
State:  6.6

Median number of rooms in apartments:
Here:  5.7
State:  3.8


Zip code 07931 close-up map

Click to draw/clear zip code borders

Notable locations in this zip code not listed on our city pages:

 

Year house built:
  • 1999 to March 2000: 24
  • 1995 to 1998: 194
  • 1990 to 1994: 100
  • 1980 to 1989: 114
  • 1970 to 1979: 106
  • 1960 to 1969: 88
  • 1950 to 1959: 76
  • 1940 to 1949: 22
  • 1939 or earlier: 318



Zip code 07931 satellite photo by USGS


Bedrooms in owner-occupied houses in Far Hills, NJ (07931):
  • no bedroom: 3
  • 1 bedrooms: 17
  • 2 bedrooms: 69
  • 3 bedrooms: 218
  • 4 bedrooms: 242
  • 5 or more bedrooms: 251


Bedrooms in renter-occupied apartments and housing units:
  • no bedroom: 0
  • 1 bedrooms: 24
  • 2 bedrooms: 64
  • 3 bedrooms: 54
  • 4 bedrooms: 24
  • 5 or more bedrooms: 15



Vehicles available in 07931 zip code in owner-occupied houses/condos:
  • no vehicle: 0
  • 1 vehicle: 109
  • 2 vehicles: 392
  • 3 vehicles: 214
  • 4 vehicles: 63
  • 5 or more vehicles: 22


Vehicles available in renter-occupied apartments:
  • no vehicle: 8
  • 1 vehicle: 64
  • 2 vehicles: 98
  • 3 vehicles: 11
  • 4 vehicles: 0
  • 5 or more vehicles: 0



Estimated household income distribution in 2007:

Zip code 07931 household income distribution in 2007

Zip code 07931 house/condo values in 2007


Estimate of home value of owner-occupied houses/condos in 2007 in zip code 07931:

  • $20,000 to $24,999: 1
  • $25,000 to $29,999: 1
  • $30,000 to $34,999: 1
  • $90,000 to $99,999: 2
  • $100,000 to $124,999: 10
  • $125,000 to $149,999: 4
  • $175,000 to $199,999: 12
  • $200,000 to $249,999: 6
  • $250,000 to $299,999: 4
  • $300,000 to $399,999: 8
  • $400,000 to $499,999: 18
  • $500,000 to $749,999: 80
  • $750,000 to $999,999: 84
  • $1,000,000 or more: 607
 



07931 rent paid by renters


Rent paid by renters in 2007 in zip code 07931:

  • $400 to $449: 1
  • $550 to $599: 1
  • $600 to $649: 2
  • $650 to $699: 3
  • $700 to $749: 2
  • $750 to $799: 3
  • $800 to $899: 2
  • $900 to $999: 15
  • $1,000 to $1,249: 34
  • $1,250 to $1,499: 7
  • $1,500 to $1,999: 66
  • $2,000 or more: 61
  • No cash rent: 27
 


Median price asked for vacant for-sale houses and condos in 2007: $1,399,839.


Estimated median house (or condo) value in 2007 for:

  • White Non-Hispanic householders: $1,406,269
  • Black or African American householders: $2,217,393
  • Asian householders: $609,782
  • Some other race householders: $2,217,393
  • Two or more races householders: $776,086
  • Hispanic or Latino householders: $776,086

Estimated median house or condo value in 2007: $1,597,857 (it was $729,500 in 2000)
07931:  $1,597,857
New Jersey:  $372,300
Lower value quartile - upper value quartile: $559,502 - $1,017,230

Mean price in 2007:
Detached houses: $1,612,872
Here:  $1,612,872
State:  $452,919

Townhouses or other attached units: $1,082,384
Here:  $1,082,384
State:  $310,364

In 2-unit structures: $582,996
Here:  $582,996
State:  $429,538

In 3-to-4-unit structures: $1,214,572
Here:  $1,214,572
State:  $371,779

In 5-or-more-unit structures: $108,324
Here:  $108,324
State:  $309,003

Mobile homes: $1,250,000
Here:  $1,250,000
State:  $53,584


Owners and renters by unit type in %



Breakdown of mean house values by ages of householders


Housing units in structures:

  • One, detached: 839
  • One, attached: 110
  • Two: 34
  • 3 or 4: 20
  • 5 to 9: 13
  • 10 to 19: 9
  • 20 to 49: 14
  • Mobile homes: 3
07931 zip code mode of transportation to work chart

Means of transportation to work

  • Drove a car alone: 834 (70%)
  • Carpooled: 95 (8%)
  • Bus or trolley bus: 3 (0%)
  • Subway or elevated: 4 (0%)
  • Railroad: 81 (7%)
  • Walked: 47 (4%)
  • Other means: 12 (1%)
  • Worked at home: 122 (10%)
 

07931 zip code travel time to work

Travel time to work

  • Less than 5 minutes: 60
  • 5 to 9 minutes: 84
  • 10 to 14 minutes: 160
  • 15 to 19 minutes: 121
  • 20 to 24 minutes: 125
  • 25 to 29 minutes: 36
  • 30 to 34 minutes: 131
  • 35 to 39 minutes: 27
  • 40 to 44 minutes: 33
  • 45 to 59 minutes: 104
  • 60 to 89 minutes: 73
  • 90 or more minutes: 122
 

Percentage of zip code residents living and working in this county: 45.7%


Household type by relationship
Households: 2,725

  • In family households: 2,446 (635 male householders, 138 female householders)
    684 spouses, 918 children (877 natural, 26 adopted, 15 stepchildren), 5 grandchildren, 8 brothers or sisters, 6 parents, 22 other relatives, 30 non-relatives
  • In nonfamily households: 279 (97 male householders (71 living alone)), 129 female householders (119 living alone)), 53 nonrelatives
  • In group quarters: 44 (35 institutionalized population)

Size of family households: 315 2-persons, 151 3-persons, 175 4-persons, 95 5-persons, 33 6-persons, 4 7-or-more-persons.

Size of nonfamily households: 190 1-person, 23 2-persons, 12 3-persons, 1 4-persons.

675 married couples with children.
46 single-parent households (12 men, 34 women).

91.3% of residents of 07931 zip code speak English at home.
3.7% of residents speak Spanish at home (41% very well, 39% well, 16% not well, 3% not at all).
4.1% of residents speak other Indo-European language at home (91% very well, 3% well, 6% not well).
0.4% of residents speak Asian or Pacific Island language at home (82% very well, 18% well).
0.5% of residents speak other language at home (100% very well).

Foreign born population: 264 (9.5%)
(48.5% of them are naturalized citizens)

This zip code:  9.5%
Whole state:  17.5%

Most common places of birth for the foreign-born residents:



  • United Kingdom (30%)
  • Germany (13%)
  • Guyana (8%)
  • Other South America (7%)
  • Portugal (5%)
  • Honduras (4%)
  • Other Northern Europe (4%)



Year of entry for the foreign-born population
  • 1995 to March 2000: 32
  • 1990 to 1994: 21
  • 1985 to 1989: 104
  • 1980 to 1984: 8
  • 1975 to 1979: 1
  • 1970 to 1974: 7
  • 1970 to 1974: 21
  • 1965 to 1969: 70

White population: 2,654
Black population: 24
American Indian population: 1
Asian population: 63
Native Hawaiian and Other Pacific Islander population: 0
Some other race population: 9
Two or more races population: 15

Zip code 07931 races chart


First ancestries reported:

 Irish: 466
 Italian: 366
 English: 333
 German: 305
 United States or American: 201
 Other groups: 156
 Polish: 66
 Scottish: 53
 Russian: 52
 Dutch: 44
 Portuguese: 41
 British: 40
 Swedish: 40
 Scotch-Irish: 38
 Czech: 36
 Hungarian: 35
 French (except Basque): 28
 French Canadian: 26
 Greek: 24
 Guyanese: 21
 Czechoslovakian: 18
 European: 14
 Norwegian: 14
 Eastern European: 12
 Swiss: 10
 Finnish: 9
 Slovak: 9
 Austrian: 9
 Canadian: 8
 Ukrainian: 7
 Icelander: 3
 Armenian: 3
 Lithuanian: 3
 Croatian: 3
 Danish: 2
 Brazilian: 2



Zip code 07931 topographic map


Facitilies with environmental interests located in this zip code:

  • FAR HILLS BORO (6 PROSPECT ST in FAR HILLS, NJ)
    STATE MASTER (New Jersey environmental info) - NJEMS-025618, STATE CLEANUP SITE, NJEMS-191885, National Pollutant Discharge Elimination System Permit
    STATE MASTER (New Jersey environmental info) - NJEMS-G000021210, STATE CLEANUP SITE
    National Pollutant Discharge Elimination System NON-MAJOR (Tracking pollutant discharge elimination systems) - permit
    Conditionally Exempt Small Quantity Generators, less than 100 kg/month of hazardous waste (Resource Conservation and Recovery Act (tracking hazardous waste)) - notification
    Organizations: BOROUGH OF FAR HILLS (CONTACT/OWNER)
    Alternative names: FAR & HILLS MUNICIPAL BUILDING, FAR HILLS BORO MUNICIPAL BLDG, FAR HILLS MUNICIPAL BUILDING
  • FAR HILLS COUNTRY DAY SCHOOL CORP (697 MINE BROOK RD in FAR HILLS BORO, NJ)
    (Integrated Compliance Information System) - ICIS-02-2005-1208, FORMAL ENFORCEMENT ACTION, ENFORCEMENT/COMPLIANCE ACTIVITY
    STATE MASTER (New Jersey environmental info) - NJEMS-49250, National Pollutant Discharge Elimination System Permit, NJEMS-018131, STATE CLEANUP SITE, NJEMS-1802312, DRINKING WATER PROGRAM, NJEMS-35945, AIR PROGRAM, NJEMS-45339200000, EPCRA, NJEMS-00754, PESTICIDES-APPLICATION
    Business SIC classification: ELEMENTARY AND SECONDARY SCHOOLS
  • 8 PEAPACK ROAD (8 PEAPACK RD in FAR HILLS, NJ)
    STATE MASTER (New Jersey environmental info) - NJEMS-G000043258, STATE CLEANUP SITE
    Small Quantity Generators, between 100 kg and 1000 kg of hazardous waste/month (Resource Conservation and Recovery Act (tracking hazardous waste)) - notification
    TRANSPORTER (Resource Conservation and Recovery Act (tracking hazardous waste)) - notification
    Organizations: PROSPECT HOLDING CO (CONTACT/OWNER)
    Alternative names: PROSPECT HOLDING CO
  • GRACE FELLOWSHIP CHAPEL (184 LIBERTY CORNER RD in FAR HILLS, NJ)
    (Resource Conservation and Recovery Act (tracking hazardous waste))
  • FRELINGHUYSEN MARION K (THE RIVERHOUSE 600 YDS N OF in FAR HILLS, NJ)
    (Resource Conservation and Recovery Act (tracking hazardous waste))
  • ALLWOOD - HELEN BUCK (222 LIBERTY CORNER RD in FAR HILLS, NJ)
    Small Quantity Generators, between 100 kg and 1000 kg of hazardous waste/month (Resource Conservation and Recovery Act (tracking hazardous waste)) - notification
  • FAR HILLS COUNTRY DAY SCH BD OF TRUSTEES (PO BOX 8 in FAR HILLS, NJ)
    COMPLIANCE ACTIVITY (Tracking inspections of insecticide, fungicide, and rodenticide, and toxic substances)
  • FIDDLER'S ELBOW COUNTRY CLUB (PO BOX 248 in FAR HILLS, NJ)
    COMPLIANCE ACTIVITY (Tracking inspections of insecticide, fungicide, and rodenticide, and toxic substances)


Median worth of mobile homes: $1,688,526

Zip code 07931 marital status for males
Zip code 07931 marital status for females


Housing units lacking complete kitchen facilities: 0%

Most commonly used house heating fuel:
  • Fuel oil, kerosene, etc. (46%)
  • Utility gas (41%)
  • Bottled, tank, or LP gas (7%)
  • Electricity (5%)
  • Coal or coke (1%)


Place of birth for U.S.-born residents:

  • This state: 1286
  • Northeast: 835
  • Midwest: 170
  • South: 97
  • West: 65

46% of the 07931 zip code residents lived in the same house 5 years ago.
   Out of people who lived in different houses, 38% lived in this county.
   Out of people who lived in different counties, 46% lived in New Jersey.

Population in 1990: 2,728. Population change in the 1990s: +38 (+1.4%).

Year Householders Moved Into Unit:




Private vs. public school enrollment:
Students in private schools in grades 1 to 8 (elementary and middle school): 72
Here:  21.0%
New Jersey:  13.2%

Students in private schools in grades 9 to 12 (high school): 19
Here:  12.3%
New Jersey:  13.0%

Students in private undergraduate colleges: 19
Here:  36.5%
New Jersey:  30.1%


Educational Attainment


School Enrollment by Level of School



Class of Workers



Companies with federal contracts located in this zip code:

  • LOWITT, RANDI E (2 SADDLE HILL RD in FAR HILLS, NJ; small business)
    $7,063 with Army for Other Management Support Services. Signed on 2005-02-23. Completion date: 2005-02-24.
  • STORMS, ROBIN P (29 MINE BROOK RD in FAR HILLS, NJ; small business): $960 in 2 contracts in 2004
    $968 with Army for Miscellaneous Furniture and Fixtures. Signed on 2004-03-24. Completion date: 2004-04-16.
    $-8, same as above. Signed on 2004-03-25. Completion date: 2004-04-16.


Top industries in this zip code by the number of employees in 2005:

  • Educational Services: Elementary and Secondary Schools (100-249 employees: 1 establishment, 1-4 employees: 1 establishment)
  • Other Services (except Public Administration): Other Similar Organizations (except Business, Professional, Labor, and Political Organizations) (100-249: 1)
  • Health Care and Social Assistance: Offices of Physicians (except Mental Health Specialists) (50-99: 1, 5-9: 1, 1-4: 1)
  • Other Services (except Public Administration): Beauty Salons (10-19: 2, 5-9: 2)
  • Administrative and Support and Waste Management and Remediation Services: Landscaping Services (20-49: 1, 1-4: 4)
  • Construction: Painting and Wall Covering Contractors (20-49: 1)
  • Construction: New Single-Family Housing Construction (except Operative Builders) (10-19: 1, 5-9: 2, 1-4: 1)
  • Real Estate and Rental and Leasing: Offices of Real Estate Agents and Brokers (10-19: 1, 5-9: 1, 1-4: 2)
  • Administrative and Support and Waste Management and Remediation Services: Travel Agencies (10-19: 1)

Age and Sex of Sensory-Disabled Residents (Noninstitutionalized)

Age and Sex of Physically-Disabled Residents (Noninstitutionalized)


Age and Sex of Mentally-Disabled Residents (Noninstitutionalized)

Age and Sex of Self-Care Disabled Residents (Noninstitutionalized)


Age and Sex of Go-Outside-Home Disabled Residents (Noninstitutionalized)

Age and Sex of Residents with Employment Disability (Noninst.)




People in group quarters
  • 30 people in nursing homes
  • 7 people in religious group quarters
  • 6 people in other nonhousehold living situations

Fatal accident statistics in 2006
  • Fatal accident count: 2
  • Vehicles involved in fatal accidents: 3
  • Fatal accidents caused by drunken drivers: 0
  • Fatalities: 2
  • Persons involved in fatal accidents: 8
  • Pedestrians involved in fatal accidents: 1

Home Mortgage Disclosure Act Aggregated Statistics For Year 2007
(Based on 2 full and 8 partial tracts)
B) Conventional
Home Purchase Loans
C) Refinancings
D) Home Improvement Loans
F) Non-occupant Loans on
< 5 Family Dwellings (A B C & D)
NumberAverage ValueNumberAverage ValueNumberAverage ValueNumberAverage Value
LOANS ORIGINATED150$541,099151$730,68525$179,1048$1,152,615
APPLICATIONS APPROVED, NOT ACCEPTED24$877,39022$579,2107$162,1503$591,077
APPLICATIONS DENIED22$613,24248$573,93610$114,4898$453,378
APPLICATIONS WITHDRAWN23$753,71726$497,3922$731,0053$895,593
FILES CLOSED FOR INCOMPLETENESS4$436,16010$470,3221$209,8000$0
Choose year:  2007 2006 2005 2004 2003 2002 2001 2000 1999

Detailed HMDA statistics for the following Tracts: 0458.02 , 0526.01, 0528.00, 0529.01

Private Mortgage Insurance Companies Aggregated Statistics For Year 2007
(Based on 2 full and 4 partial tracts)
A) Conventional
Home Purchase Loans
B) Refinancings
NumberAverage ValueNumberAverage Value
LOANS ORIGINATED7$278,1493$380,590
APPLICATIONS APPROVED, NOT ACCEPTED0$04$440,955
APPLICATIONS DENIED0$00$0
APPLICATIONS WITHDRAWN0$00$0
FILES CLOSED FOR INCOMPLETENESS0$00$0
Choose year:  2007 2006 2005 2004 2003 2002 2001 2000 1999

Detailed PMIC statistics for the following Tracts: 0458.02 , 0526.01, 0528.00, 0529.01

Conventional Home Purchase Loans

Conventional Home Purchase Loans - Value




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