Market Spotlight / Franklin Lakes
Bergen County · Residential Market

Franklin Lakes

Population 11,084 · median home value $1,264,000 — a closer look at where the Franklin Lakes market stands today.

Bergen County, NJ · municipal boundaries per U.S. Census Bureau TIGER/Line data

By The Numbers

Franklin Lakes at a glance

Demographic snapshot for Franklin Lakes, NJ.

Population
11,084
people
Homeownership Rate
88.9%
Median Property Value
$1,264,000
Median Age
46.3
years
Median Household Income
$235,795
Source: U.S. Census Bureau, American Community Survey 2020–2024 5-Year Estimates (fetched live for this page).
Current Month
Residential Market · August 2026

August 2026 market update

Franklin Lakes closed August with 8 sales and a median price of $1,766,000. Homes lingered longer than usual this month — averaging 131 days on market — and sold for about 98.2% of list price. The NJMLS Matrix report counted 51 active listings for the month.

Median Sale Price
$1,766,000
98.2% of list price
Homes Sold
8
NJMLS Matrix, August 2026
Active Listings
51
NJMLS Matrix count, August 2026
Avg. Days on Market
131
From list to accepted offer
Market Pace · Based on Days on Market & Close/List Ratio
Seller's Market Balanced Buyer's Market

“Franklin Lakes closed August with 8 sales and a median price of $1,766,000. Homes lingered longer than usual this month — averaging 131 days on market — and sold for about 98.2% of list price. The NJMLS Matrix report counted 51 active listings for the month.”

Statistics per the NJMLS · Maritsa C. Nunziata, Broker Owner
Source: NJMLS Matrix Statistics Report — Franklin Lakes, Single Family Residential, August 1–31, 2026. August is the most recently completed month as of this update (Sept 17, 2026); September 2026 is still in progress and is excluded from this snapshot. Compiled by Hera Realty Group; deemed reliable but not guaranteed.
Residential Market · Year-to-Date 2026

By property type

Franklin Lakes' 2026 year-to-date sales (January–September, partial) are led by single-family homes; condo and townhome activity is minimal, and 2–4 family properties recorded no sales so far this year.

Single Family Residential

Median Sale Price
$1,750,000
Homes Sold
83
Avg. Days on Market
n/a
New Listings
n/a
Year-to-date Jan–Sep 2026 (partial) · NJMLS Matrix

Condo / Townhome / Co-op

Median Sale Price
$2,012,500
Homes Sold
4
Avg. Days on Market
n/a
New Listings
n/a
Year-to-date Jan–Sep 2026 (partial) · NJMLS Matrix

2–4 Family

Median Sale Price
N/A
Homes Sold
0
Avg. Days on Market
N/A
New Listings
n/a
No sales recorded, year-to-date 2026
Source: NJMLS Matrix, Bergen County/Franklin Lakes filter — Single Family, Condo/Townhome/Co-op and 2–4 Family, January–September 2026 (partial). Avg. Days on Market and New Listings were not pulled at the property-type level for this period and are marked n/a rather than estimated. 2–4 Family has minimal presence in Franklin Lakes's housing stock; zero sales were recorded for this property type year-to-date.
2026 Trend

This year at a glance

Every metric tracked month by month as the year builds. Switch between stats below — bars fill in as each month is recorded; months with a dashed outline haven't happened yet or haven't been pulled from the NJMLS.

Franklin Lakes · 2026 monthly tracking

$2.08M
$1.48M
$3.0M
$1.44M
$1.6M
$2.23M
$1.9M
$1.77M
–
–
–
–
5
9
7
9
7
12
19
8
–
–
–
–
48
43
48
52
62
64
52
51
–
–
–
–
25
34
83
35
34
32
27
131
–
–
–
–
JanFebMarAprMayJun JulAugSepOctNovDec
Recorded month  ·  Not yet recorded  ·  Bars reflect Jan–Aug 2026, the completed months for the year; September 2026 is still in progress as of this update (Sept 17, 2026) and is excluded here so only fully closed months are compared.
Monthly History

Market update archive

Previous months, kept for reference. Click a month to expand its full snapshot.

July 2026
Median $1,900,000Sold 19Active 52
▾
Median Sale Price
$1,900,000
Homes Sold
19
Active Listings
52
Avg. Days on Market
27
Source: NJMLS Matrix · Franklin Lakes, Residential/Single Family.
June 2026
Median $2,225,000Sold 12Active 64
▾
Median Sale Price
$2,225,000
Homes Sold
12
Active Listings
64
Avg. Days on Market
32
Source: NJMLS Matrix · Franklin Lakes, Residential/Single Family.
May 2026
Median $1,600,000Sold 7Active 62
▾
Median Sale Price
$1,600,000
Homes Sold
7
Active Listings
62
Avg. Days on Market
34
Source: NJMLS Matrix · Franklin Lakes, Residential/Single Family.
April 2026
Median $1,436,000Sold 9Active 52
▾
Median Sale Price
$1,436,000
Homes Sold
9
Active Listings
52
Avg. Days on Market
35
Source: NJMLS Matrix · Franklin Lakes, Residential/Single Family.
March 2026
Median $3,000,000Sold 7Active 48
▾
Median Sale Price
$3,000,000
Homes Sold
7
Active Listings
48
Avg. Days on Market
83
Source: NJMLS Matrix · Franklin Lakes, Residential/Single Family.
February 2026
Median $1,475,000Sold 9Active 43
▾
Median Sale Price
$1,475,000
Homes Sold
9
Active Listings
43
Avg. Days on Market
34
Source: NJMLS Matrix · Franklin Lakes, Residential/Single Family.
January 2026
Median $2,075,000Sold 5Active 48
▾
Median Sale Price
$2,075,000
Homes Sold
5
Active Listings
48
Avg. Days on Market
25
Source: NJMLS Matrix · Franklin Lakes, Residential/Single Family. Only 5 closed sales recorded this month — a small sample.
December 2025
Median $1,350,000Sold 9Active 45
▾
Median Sale Price
$1,350,000
Homes Sold
9
Active Listings
45
Avg. Days on Market
64
Source: NJMLS Matrix · Franklin Lakes, Residential/Single Family.
November 2025
Median $1,562,500Sold 6Active 57
▾
Median Sale Price
$1,562,500
Homes Sold
6
Active Listings
57
Avg. Days on Market
17
Source: NJMLS Matrix · Franklin Lakes, Residential/Single Family. Only 6 closed sales recorded this month — a small sample.
October 2025
Median $1,600,000Sold 15Active 61
▾
Median Sale Price
$1,600,000
Homes Sold
15
Active Listings
61
Avg. Days on Market
32
Source: NJMLS Matrix · Franklin Lakes, Residential/Single Family.
Source: NJMLS Matrix Statistics Report — Franklin Lakes, Residential/Single Family, generated per calendar month for each row above, October 2025 through July 2026. Active Listings reflects the NJMLS Matrix monthly count for each period shown; no month in this range was missing an Active Listings figure. Close/List price ratios are not shown for these archive months because that figure was pulled from the NJMLS only for the current month (August 2026, 98.2%); it is not shown here rather than estimated for prior months.
Thinking About Franklin Lakes?

Get a custom read on your property

Want to know what these numbers mean for your specific home or search? Schedule a free, no-pressure consult.

Schedule Free Consult Browse Other Towns
Previous

Allendale
Next

Glen Rock