Franklin Lakes, NJ housing market

The typical home in Franklin Lakes, NJ costs $1.63M (+12.0% over the past year). The bottom 35% of homes run around $1.10M. Typical rent $3,163/mo. See the full market and find out if you can afford to buy a house in Franklin Lakes — free, no signup.

Market snapshot (2026-06)

• Typical home value: $1.63M (Zillow ZHVI, 2026-06)
• 1-year change: +12.0%
• Bottom 35% of homes: $1.10M
• Top 35% of homes start around: $2.42M
• Typical rent: $3,163/mo
• Median household income: $236K
• Price-to-income ratio: 6.9
• Estimated payment on the typical home: $8,388/mo principal & interest (20% down, 6.66% 30-yr fixed)

Nearby housing markets

• Oakland, NJ — typical home $777K
• North Haledon, NJ — typical home $730K
• Midland Park, NJ — typical home $765K
• Allendale, NJ — typical home $1.13M
• Waldwick, NJ — typical home $766K
• Pompton Lakes, NJ — typical home $567K

Home values are Zillow Group public data (ZHVI, updated monthly); income and population are US Census Bureau ACS 5-year estimates. Estimates only — not financial advice.

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