B-
447%
Med. Home Val. NAT. AVG.
188%
Rent NAT. AVG.
40%
Owner Occ. NAT. AVG.
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Franklin Lakes Housing Information

IndexFranklin LakesNew JerseyNational
Median home price$1,009,800$316,400$184,700
Median rent asked$2,730$1,213$949
Avg. people per household2.42.72.6
Owner occupied households89.3%64.1%63.6%
Renter occupied households10.7%35.9%36.4%
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Housing Quick Facts

  • The median home price in Franklin Lakes is 447% higher than the national average.
  • The median rent asked in Franklin Lakes is 188% higher than the national average.
  • The average number of people per household in Franklin Lakes is 7% lower than the national average.
  • The number of owner occupied households in Franklin Lakes is 40% higher than the national average.
  • The number of renter occupied households in Franklin Lakes is 71% lower than the national average.

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      Nearby cities with low home prices

       PopulationHome PriceNational Avg.
      Teterboro, NJ110$0100%
      Highland Lakes, NJ4,666$233,70027%
      Greenwood Lake, NY3,080$242,70031%
      Paterson, NJ145,484$257,70040%
      Mount Ivy, NY7,390$258,10040%
      Franklin Lakes, NJ11,044$1,009,800447%

      Cities with similar population

       PopulationHome PriceNational Avg.
      Munhall, PA11,049$87,90052%
      Spencer, IA11,038$136,40026%
      Holbrook, MA11,051$335,70082%
      Lanham, MD11,054$329,00078%
      Ontario, OR11,031$121,60034%
      Franklin Lakes, NJ11,044$1,009,800447%
      Source: The Franklin Lakes, NJ housing data displayed above is derived from the United States Census Bureau American Community Survey (ACS).