The median home value in Franklin Lakes, NJ is $1,547,500. 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 $1,547,500. 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!
Franklin Lakes, New Jersey has a population of 11,034. Franklin Lakes is more family-centric than the surrounding county with 40.58% of the households containing married families with children. The county average for households married with children is 35.18%.
The median household income in Franklin Lakes, New Jersey is $188,272. The median household income for the surrounding county is $109,497 compared to the national median of $69,021. The median age of people living in Franklin Lakes is 48.1 years.
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.