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Median Home Price in Franklin Lakes, NJ

The median home value in Franklin Lakes, NJ is $1,631,541 as of 2026-06-30, up 11.96% from a year earlier.

Median Home Value

$1,631,541

Year-over-Year

+11.96%

Population

11,251

Franklin Lakes ranks #3 of 184 New Jersey cities tracked here by median home value, and sits 165.5% above the state's city median of $614,590. It sits in Bergen County, where the county-wide median is $791,116.

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

How much does a house cost in Franklin Lakes, NJ?

The median home value in Franklin Lakes is $1,631,541. That's up 11.96% from a year earlier. That is about 165.5% above the typical county in New Jersey.

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 $791,116 — a difference of about 106.2%.

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.

Cities with similar home prices in NJ

Rumson · Englewood Cliffs · Fair Haven · Summit · Chatham · Tenafly