08823 Real Estate Market Overview

Could Franklin Park, NJ 08823 be your next home? Kick-start your search with Trulia’s real estate guide and home search. With interactive maps and charts, Trulia provides a comprehensive overview of market trends, schools, demographics, and lifestyle data to help you learn all about 08823. Not sure which neighborhood is for you? Check out our Nearby Places section below to explore popular cities near 08823 such as ...Kendall Park and Monmouth Junction. When you’re ready, Trulia has 64 resale and new homes in 08823 lined up for you, including 1 open house, and 26 homes in the pre-foreclosure, auction, or bank-owned stages of the foreclosure process. View more

$179,800

Median Sales Price

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$138

Price Per Sqft

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$2,037

Median Rent Per Month

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Housing Market Trends

Market trends help you understand the movement of key price indicators. Trends in 08823 show a -36% year-over-year drop in median sales price and a 0% rise in median rent per month.

Median Sales Price
The median sales price for homes in 08823 for Jan 7 to Apr 6 was $179,800 based on 6 home sales.
Price Per Square Ft.
Average price per square foot for 08823 was $138, a decrease of -5% compared to the same period last year.
Median Rent Per Month
The median rent per month for apartments in 08823 for Mar 7 to Apr 7 was $2,037.

Crime

Most frequent crimes in the past year

08823 has very low crime relative to the rest of Somerset County.

Knowing more about crime activity in 08823 can help keep you aware of crime in the area. Crime activity is most helpful when comparing two locations to understand the relative safety of each location.

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1

Count of Arrest


Best Schools in 08823

There is 1 school in 08823.

Elementary Schools
6

Franklin Park Elementary School

Public, PK - 4

Middle Schools

There are no middle schools in 08823.

High Schools

There are no high schools in 08823.


Demographics

Get to know your neighbors in 08823 by reviewing our census driven map. Get insights into median age, how many people are married, and percentage of people with a college degree.

Single residents
33%
Single residents
Home owners
72%
Home owners
Median age
35
Median age
Household income
$82,000
Median household income
College educated
64%
College educated

Commute

Most people in 08823 commute by car. Learn how neighbors in this area get to work so you can consider how you might commute if you lived here, too.

Commute Type
88% commute by car
0% commute by bike
10% commute by public transportation
0% commute by foot

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