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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 Estate

Statistics & 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

Andrea D. Conner, License 521381, Xome Inc., License 9002330, AndreaD.Conner@Xome.com, 844-400-XOME (9663), 750 Highway 121 Bypass, Suite 100, Lewisville, Texas 75067


The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the NTREIS Multiple Listing Service. Real estate listings held by brokerage firms other than this broker are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers. ©2025 North Texas Real Estate Information Systems


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