Franklin Lakes Real Estate Market Overview

Could Franklin Lakes, NJ 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 Franklin Lakes. Not sure which neighborhood is for you? Check out our Nearby Places section below to explore popular cities near Franklin L...akes such as Wyckoff and Upper Saddle River. When you’re ready, Trulia has 148 resale and new homes in Franklin Lakes lined up for you, including 22 open houses, and 32 homes in the pre-foreclosure, auction, or bank-owned stages of the foreclosure process. View more

$987,500

Median Sales Price

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$395

Price Per Sqft

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$6,000

Median Rent Per Month

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Housing Market Trends

Market trends help you understand the movement of key price indicators. Trends in Franklin Lakes show a -1% year-over-year drop in median sales price and a 9% rise in median rent per month.

Median Sales Price
The median sales price for homes in Franklin Lakes for Jun 22 to Sep 21 was $987,500 based on 4 home sales.
Price Per Square Ft.
Average price per square foot for Franklin Lakes was $395, an increase of 40% compared to the same period last year.
Median Rent Per Month
The median rent per month for apartments in Franklin Lakes for Aug 22 to Sep 22 was $6,000.

Crime

Most frequent crimes in the past year

Knowing more about crime activity in Franklin Lakes 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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Crime data for the past year is not available at this location.


Best Schools in Franklin Lakes

There are 5 schools in Franklin Lakes.

Elementary Schools
9

Colonial Road School

Public, PK - 5

9

High Mountain Road Elementary School

Public, PK - 5

8

Woodside Avenue Elementary School

Public, K - 5

Middle Schools
9

Franklin Avenue Middle School

Public, 6 - 8

High Schools
9

Ramapo High School

Public, 9 - 12


Demographics

Get to know your neighbors in Franklin Lakes 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
13%
Single residents
Home owners
97%
Home owners
Median age
46
Median age
Household income
$151,969
Median household income
College educated
67%
College educated

Commute

Most people in Franklin Lakes 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
91% commute by car
0% commute by bike
8% commute by public transportation
1% commute by foot

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