Franklin Lakes NJ Commercial Properties For Sale
The median home value in Franklin Lakes, NJ is $1,213,000. This is higher than the county median home value of $607,200. The national median home value is $338,100. The average price of homes sold in Franklin Lakes, NJ is $1,213,000. Approximately 84.52% of Franklin Lakes homes are owned, compared to 10.81% rented, while 4.66% are vacant. Franklin Lakes real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you're interested in, contact a Franklin Lakes real estate agent to arrange a tour today!
Learn More About Franklin Lakes Real EstateStatistics & facts
11,034
Population
$1.21M
Medium Home Value
3,844
# of Households
4.66%
Housing Vacancy
49.30%
Future Job Growth
2.60%
Unemployment Rate
For Sale
$7,800
804 Franklin Avenue
Franklin Lakes, NJ 07417
Listing Courtesy of: Charles Oppler - Prominent Properties Sotheby'S International Realty-Weehawken 201-223-4207
For Sale
$2,352
3 Tice
Franklin Lakes, NJ 07417
Listing Courtesy of: Alexander H Kashmann - Keller Williams Prosperity Realty 973-696-0077
For Sale
$2,669
801 Franklin Avenue
Franklin Lakes, NJ 07417
Listing Courtesy of: Mary Ann DeAlto - Weichert Realtors, Ridgewood 201-445-9500
The data relating to the real estate for sale on this web site comes in part from the Internet Data Exchange Program of NJMLS. Real estate listings held by brokerage firms other than the owner of this site are marked with the Internet Data Exchange logo and information about them includes the name of the listing brokers. Some properties listed with the participating brokers do not appear on this website at the request of the seller. Some properties listing with the participating brokers do not appear on this website at the request of the seller. Listings of brokers that do not participate in Internet Data Exchange do not appear on this website.All information deemed reliable but not guaranteed. Last date Updated: {{last updated}}
Source: New Jersey Multiple Listing Service, INC.
©2025 New Jersey Multiple Listing Service, Inc. All rights reserved.
Population
Franklin Lakes has a population of approximately 11,034 and experiences a population change rate of 5.87%. The population density is 1,172.1 / sq mi.
Household
The median household income for Franklin Lakes is $188,272, with 3,844 households and an average household size of 2.87.
Cost of Living
The cost of living index in Franklin Lakes is 248.1%.
Home Value
The median value of a home in Franklin Lakes is $1,213,000 with an appreciation rate of 12.7%. 84.5% of housing in the city is owned while 10.8% is rented.
Employment
The unemployment rate in Franklin Lakes is 2.60%, and recent job growth is at 3.01%. Future job growth is projected at 49.30%.
Taxes
The sales tax rate in Franklin Lakes is 6.63%, while the income tax rate is 5.53%.
Education
School expenditures in Franklin Lakes are $24,891, and the school ratio is 12.5:1.
Weather
The average high temperature in July is 84 degrees, with an average low temperature in January of 19.5 degrees. The average rainfall is approximately 50.2 inches per year, with 26.3 inches of snow per year.
Education near Franklin Lakes NJ
| Metric | City | County |
|---|---|---|
| High School Graduates | 99.45 | 92.9 |
| College Degree - 2 year | 5.05 | 6.33 |
| College Degree - 4 year | 75.37 | 51.23 |
| Graduate Degree | 24.58 | 14.17 |
| Expenditures per Student | $24,891 | $24,891 |
| Students per Teacher | 12.50 | 12.50 |
Elementary Schools near Franklin Lakes NJ
| School | Grades | Students | P/T Ratio | ZIP |
|---|---|---|---|---|
| Abraham Lincoln Elementary School | KG - 05 | 308 | 12.3 | 07481 |
| Calvin Coolidge Elementary School | KG - 05 | 341 | 12.6 | 07481 |
| Colonial Road School | PK - 05 | 265 | 7.6 | 07417 |
| Dogwood Hill Elementary School | PK - 05 | 283 | 11.9 | 07436 |
| George Washington Elementary School | KG - 05 | 354 | 12.2 | 07481 |
| Godwin Elementary School | PK - 02 | 217 | 10.2 | 07432 |
| Haledon Public School | PK - 08 | 1034 | 10.8 | 07508 |
| Heights Elementary School | KG - 05 | 364 | 12.3 | 07436 |
| High Mountain Road School | PK - 05 | 229 | 9.4 | 07417 |
| Highland Elementary School | 03 - 06 | 291 | 8.9 | 07432 |
| Manito Elementary School | KG - 05 | 285 | 12.9 | 07436 |
| Memorial Elementary School | KG - 04 | 414 | 13.1 | 07508 |
| Prospect Park School No. 1 | PK - 08 | 866 | 12 | 07508 |
| Sicomac Elementary School | PK - 05 | 308 | 10.6 | 07481 |
| Woodside Avenue School | KG - 05 | 276 | 9.5 | 07417 |
Middle Schools near Franklin Lakes NJ
| School | Grades | Students | P/T Ratio | ZIP |
|---|---|---|---|---|
| Dwight D. Eisenhower Middle School | 06 - 08 | 788 | 11.8 | 07481 |
| Franklin Avenue Middle School | 06 - 08 | 454 | 8.3 | 07417 |
| High Mountain Middle School | 05 - 08 | 292 | 9.3 | 07508 |
| Valley Middle School | 06 - 08 | 619 | 11.4 | 07436 |
High Schools near Franklin Lakes NJ
| School | Grades | Students | P/T Ratio | ZIP |
|---|---|---|---|---|
| Indian Hills High School | 09 - 12 | 1226 | 10.9 | 07436 |
| Midland Park Junior/Senior High School | 07 - 12 | 483 | 11 | 07432 |
| Passaic County-Manchester Regional High School | 09 - 12 | 896 | 13.8 | 07508 |
| Ramapo High School | 09 - 12 | 1088 | 10.8 | 07417 |
