The median home value in Franklin Lakes, NJ is $1,070,000. This is higher than the county median home value of $462,600. The national median home value is $219,700. The average price of homes sold in Franklin Lakes, NJ is $1,070,000. Approximately 83.67% of Franklin Lakes homes are owned, compared to 12.08% rented, while 4.25% 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 10,953. Franklin Lakes is more family-centric than the surrounding county with 37.04% of the households containing married families with children. The county average for households married with children is 36.68%.
The median household income in Franklin Lakes, New Jersey is $155,458. The median household income for the surrounding county is $91,572 compared to the national median of $57,652. The median age of people living in Franklin Lakes is 47.2 years.
The average high temperature in July is 83.6 degrees, with an average low temperature in January of 19.4 degrees. The average rainfall is approximately 49.2 inches per year, with 25 inches of snow per year.