Franklin Lakes, NJ Housing Statistics

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B-

462%

Med. Home Val. NAT. AVG.

182%

Rent NAT. AVG.

40%

Owner Occ. NAT. AVG.

Franklin Lakes Housing Information

Index	Franklin Lakes	New Jersey	National
Median home price	$1,834,043	$555,483	$326,622
Median rent asked	$4,079	$1,825	$1,444
Avg. people per household	2.4	2.7	2.6
Owner occupied households	89.3%	64.1%	63.6%
Renter occupied households	10.7%	35.9%	36.4%

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Homes For Sale In Franklin Lakes, NJ

962 Arapaho Trl

Franklin Lakes, NJ

1055 High Mountain Rd

Franklin Lakes, NJ

639 Pawnee Ln

Franklin Lakes, NJ

268 Woodside Ave

Franklin Lakes, NJ

Housing Quick Facts

The median home price in Franklin Lakes is 462% higher than the national average.
The median rent asked in Franklin Lakes is 182% higher than the national average.
The average number of people per household in Franklin Lakes is 7% lower than the national average.
The number of owner occupied households in Franklin Lakes is 40% higher than the national average.
The number of renter occupied households in Franklin Lakes is 71% lower than the national average.

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Nearby cities with low home prices

	Population	Home Price	National Avg.
Teterboro, NJ	114	$0	100%
Highland Lakes, NJ	4,801	$415,904	27%
Greenwood Lake, NY	3,168	$437,814	34%
Paterson, NJ	149,118	$467,529	43%
Mount Ivy, NY	7,675	$470,861	44%
Franklin Lakes, NJ	11,324	$1,834,043	462%

Cities with similar population

	Population	Home Price	National Avg.
Woodmere, LA	11,322	$252,259	23%
Lindon, UT	11,318	$787,418	141%
Spencer, IA	11,331	$240,813	26%
Morgan City, LA	11,332	$220,209	33%
Ocean City, NJ	11,314	$1,033,499	216%
Franklin Lakes, NJ	11,324	$1,834,043	462%

Source: The Franklin Lakes, NJ housing data displayed above is derived from the United States Census Bureau American Community Survey (ACS) and include 2026 modeled data developed using proprietary methodologies.