Franklin, 07416 Real Estate Overview


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  • Schools
  • Commute
  • Amenities
  • Affordability
  • Demographics
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Average Listing Price

  • $185,482
  • for week ending Dec 17
  • -$6,473
  • -3.4%
  • w-o-w

Median Sales Price

  • $158,500
  • Sep '14 - Dec '14
  • $26,500
  • -14.3%
  • y-o-y

Average Listing Price $185,482 -3.4% w-o-w
Median Sales Price $158,500 -14.3% y-o-y
Average Price/sqft $142 +10.9% y-o-y
Number of Sales 13 +62.5 % y-o-y

Summary for Franklin, 07416


The median sales price for homes in ZIP code 07416 in Franklin from Sep 14 to Dec 14 was $158,500 based on 13 sales. Compared to the same period one year ago, the median sales price decreased 14.3%, or $26,500, and the number of sales increased 62.5%. Average price per square foot for homes in 07416 was $142, an increase of 20.3% compared to the same period last year. There are currently 94 resale and new homes in ZIP code 07416 on Trulia, including 94 homes in the pre-foreclosure, auction, or bank-owned stages of the foreclosure process. The average listing price for homes for sale in 07416 was $185,482 for the week ending Dec 17, which represents a decrease of 3.4%, or $6,473, compared to the prior week.


District Type Grades Schools Students
Franklin Borough School District Public K - 8 1 500
Hardyston Township School District Public K - 8 2 712
School Name School Type Grades Parent Rating
Immaculate Conception Regional Private PK - 7
Franklin Elementary School Public PK - 8
Hardyston Elementary School Public K - 5
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Homes for Sale in 07416
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