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Northern New Jersey Explore Guide

Franklin Lakes

Known for substantial single-family homes, larger properties and a more private residential setting, Franklin Lakes often appeals to buyers who want space while remaining connected to Bergen County and the New York metropolitan area.

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Franklin Lakes Real Estate

A 12-month market snapshot.

Market data changes quickly. These figures are a recent trailing-12-month snapshot and should be used as context—not as a valuation of a specific home.

Median sale price$1,750,444
Average asking price$2,149,768
Year-over-year median change−1%
Average days on market51
Homes sold, last 12 months158
Average price / sq. ft.$535

Market snapshot checked August 14, 2026. Source: market data. “Average asking price” reflects homes currently offered for sale; median sale price and sales-count figures are trailing-12-month metrics.

Community Life

Why do people enjoy living in Franklin Lakes?

Franklin Lakes offers a quieter, more spacious residential setting with plenty of ways to enjoy the outdoors and connect locally. The Nature Preserve provides walking and hiking opportunities along with seasonal boating, while recreation fields, youth sports and community programming give families an active routine close to home.

A Local Detail Worth Knowing

Franklin Lakes has a quieter side that feels wonderfully removed.

The Franklin Lakes Nature Preserve gives the community a genuine outdoor anchor, while Veterans Plaza becomes a gathering place for the seasonal Farmers & Artisan Market. In 2026, the borough scheduled the market on Saturdays from May into November—exactly the kind of small ritual that makes a town begin to feel like home.

Franklin Lakes also hosts community traditions such as Freedom Fest and recreation programming, creating a warmer community rhythm than buyers sometimes expect from a town known for large homes and privacy.

Living in Franklin Lakes

What should buyers know about Franklin Lakes, NJ?

Known for substantial single-family homes, larger properties and a more private residential setting, Franklin Lakes often appeals to buyers who want space while remaining connected to Bergen County and the New York metropolitan area.

What kinds of homes will you find in Franklin Lakes?

The housing stock includes established traditional homes, extensively renovated properties and newer luxury construction. At higher price points, the differences between two similarly priced homes can come down to acreage, privacy, renovation quality, floor plan, outdoor living and the overall setting—not simply square footage.

What should buyers know about Franklin Lakes schools?

Franklin Lakes has its own public PreK-8 district; public high-school students are served by the Ramapo Indian Hills Regional High School District. Rather than reducing a school system to a ranking, buyers should review current programs, district boundaries and school resources directly.

About “Blue Ribbon” recognition

The National Blue Ribbon designation historically applied to individual schools, not an entire town or district. I did not find a current National Blue Ribbon designation for a Franklin Lakes public school in the New Jersey Department of Education’s Bergen County history. The Academy of the Most Blessed Sacrament, a private K-8 school in Franklin Lakes, was recognized as a 2016 National Blue Ribbon School.

What is the commute toward New York City like?

Franklin Lakes does not have its own passenger rail station, so commuting is more car- and bus-oriented. Depending on the property and routine, residents may use nearby rail stations or regional bus/park-and-ride options. For a buyer commuting to Manhattan, I recommend testing the actual door-to-door trip from a prospective home rather than comparing towns by mileage alone.

Transportation resources →

What is community life like?

Community life includes municipal recreation, parks, library programming and seasonal events. The borough’s calendar and recreation department are useful places to check what is happening now; recent programming has included the Farmers & Artisan Market and community recreation events.

Current community events & resources →

What should a buyer coming from outside North Jersey do first?

Start with your daily life rather than a list of town names. Identify the commute you can realistically tolerate, the property type and maintenance level you want, how much space matters, and which everyday destinations you expect to use. Then tour several communities in the same day. Seeing Franklin Lakes alongside nearby towns gives you a much clearer sense of what your budget buys and which environment feels practical for your routine.

What should Franklin Lakes sellers focus on before listing?

Presentation and positioning should be specific to the property. Before choosing a list price, look at recent comparable sales, current competition, condition, renovation quality and the features buyers are likely to value most. Strong photography and thoughtful preparation help buyers understand the home before they ever walk through the door.