Franklin, 07416 Real Estate Overview


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

  • $215,037
  • for week ending Aug 13
  • -$4,878
  • -2.2%
  • w-o-w

Median Sales Price

  • $125,000
  • May '14 - Aug '14
  • $19,500
  • -13.5%
  • y-o-y

Average Listing Price $215,037 -2.2% w-o-w
Median Sales Price $125,000 -13.5% y-o-y
Average Price/sqft $109 -4.4% y-o-y
Number of Sales 7 -30.0 % y-o-y

Summary for Franklin, 07416


The median sales price for homes in ZIP code 07416 in Franklin from May 14 to Aug 14 was $125,000 based on 7 sales. Compared to the same period one year ago, the median sales price decreased 13.5%, or $19,500, and the number of sales decreased 30%. Average price per square foot for homes in 07416 was $109, a decrease of 9.9% compared to the same period last year. There are currently 111 resale and new homes in ZIP code 07416 on Trulia, including 73 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 $215,037 for the week ending Aug 13, which represents a decrease of 2.2%, or $4,878, 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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