Real Estate Overview for Franklin, 07416


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  • Schools
  • Commute
  • Amenities
  • Affordability
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Average Listing Price

  • $200,663
  • for week ending Aug 26
  • +$11,771
  • +6.2%
  • w-o-w

Median Sales Price

  • $178,000
  • May '15 - Aug '15
  • +$60,550
  • +51.6%
  • y-o-y

Average Listing Price $200,663 +6.2% w-o-w
Median Sales Price $178,000 +51.6% y-o-y
Average Price/sqft $101 +13.5% y-o-y
Number of Sales 9 +12.5 % y-o-y

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Most popular zip codes Avg. listing Price
Week ending Aug 26
w-o-w
07871 $438,663 +0.4%
07860 $258,870 0.0%
07843 $232,815 +5.7%
07461 $217,756 +1.7%
07462 $159,927 -0.1%
Movers & Shakers Avg. listing price
Week ending Aug 26
w-o-w
07822 $601,157 +8.1%
07416 $200,663 +6.2%
07843 $232,815 +5.7%
07439 $177,982 +5.3%
07848 $301,695 +5.0%
View Sussex County Home Prices Map

Summary for Franklin, 07416


The median sales price for homes in ZIP code 07416 in Franklin from May 15 to Aug 15 was $178,000 based on 9 sales. Compared to the same period one year ago, the median sales price increased 51.6%, or $60,550, and the number of sales increased 12.5%. Average price per square foot for homes in 07416 was $101, a decrease of 3.8% compared to the same period last year. There are currently 72 resale and new homes in ZIP code 07416 on Trulia, including 90 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 $200,663 for the week ending Aug 26, which represents an increase of 6.2%, or $11,771, 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
Hardyston Elementary School Public PK - 5
Franklin Elementary School Public PK - 8
View all Franklin Schools
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Homes for Sale in 07416
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