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Median Home Price in Franklin Lakes, NJ

The median home value in Franklin Lakes, NJ is $1,628,296, up 12.26% from a year earlier.

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City housing-data period: September 2026. City source retrieval/check time (UTC) is recorded in the feed's updated field when available, not in the housing-data period.

Checked daily for new monthly Zillow releases, not new daily prices. Income and crime data are updated separately, not by the daily housing-data check. Unavailable means observation dates are missing or invalid.

Median Home Value

$1,628,296

Year-over-Year

+12.26%

Population

11,251

Home value history

The typical home value increased by 0.8%, from $1,615,242 in May 2026 to $1,628,296 in Sep 2026.

Monthly Zillow Home Value Index snapshots retained by HomePriceMap. A short history is shown now and grows automatically as each new monthly release arrives.

Franklin Lakes, NJ monthly home value history
Month	Typical home value	Year-over-year change
May 2026	$1,615,242	+11.7%
Jun 2026	$1,631,541	+12.0%
Jul 2026	$1,656,849	+12.3%
Aug 2026	$1,642,902	+12.7%
Sep 2026	$1,628,296	+12.3%

Franklin Lakes ranks #4 of 171 New Jersey cities tracked here by median home value, and sits 160.6% above the state's city median of $624,825. It sits in Bergen County, where the county-wide median is $780,357.

Crime in Franklin Lakes

Franklin Lakes police recorded a violent crime rate of 27 per 100,000 residents in 2024 — lower than most cities that report to the FBI. Property crime runs at 373 per 100,000.

Reported by the city's own police department to the FBI's Uniform Crime Reporting Program (what this covers).

Common questions about Franklin Lakes

What is the average home price in Franklin Lakes, NJ?

People often call this an average home price, but the figure shown here is Zillow's typical home value (ZHVI), not a simple arithmetic average. In Franklin Lakes, that value is $1,628,296. That's up 12.26% from a year earlier. It is about 160.6% above the typical New Jersey city tracked here.

Is Franklin Lakes expensive compared to the surrounding area?

Homes in Franklin Lakes are more expensive than Bergen County as a whole, where the median is $780,357 — a difference of about 108.7%.

Is Franklin Lakes a safe place to live?

Franklin Lakes police reported 27 violent crimes per 100,000 residents, covering a population of about 11,251. Crime rates are one input among many — they vary block to block within a city, and this figure is a citywide average.