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FRANKLIN LAKES, NJ
Real Estate & Community Guide
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Located in northwest Bergen County, Franklin Lakes is known for its expansive homes, scenic surroundings, and peaceful suburban atmosphere. The town features winding roads, wooded landscapes, and a mix of custom estates and well-established residential neighborhoods. Its setting appeals to buyers seeking space, privacy, and a slower pace while remaining connected to the greater Northern New Jersey region.
Franklin Lakes attracts move-up buyers, executives, and relocating families who value large properties, strong community involvement, and a refined lifestyle. Residents enjoy access to nature preserves, local shopping, and nearby dining without the density of more urban Bergen County towns. The town’s blend of tranquility and convenience continues to support steady demand in the Franklin Lakes NJ real estate market.
For buyers exploring Bergen County homes for sale, Franklin Lakes offers long-term lifestyle value, while sellers benefit from consistent interest driven by limited inventory and high buyer expectations.
per NJMLS 2024
Franklin Lakes Home Sale Statistics
76
Units Sold
$1,651,967
Average Sold Price
41
Average Days on Market
100.0%
List/Sale Price Ratio
Franklin Lakes remains one of Bergen County’s higher-end residential markets. With 76 homes sold, an average sale price of $1,651,967, and a 100% list-to-sale price ratio, the market reflects balanced pricing and informed buyers. Homes average 41 days on market, suggesting thoughtful purchasing decisions rather than rushed transactions.
For buyers, this means competition exists, especially for well-maintained or updated homes, but there is typically enough time to evaluate options carefully. For sellers, pricing accuracy and presentation matter—homes that align with buyer expectations tend to sell close to list value.
The Gill Group brings local market insight and strategic guidance to help clients navigate Franklin Lakes and the broader Northern New Jersey real estate landscape with confidence.
Franklin Lakes is served by the Franklin Lakes School District, which offers a close-knit educational environment and strong community support. Elementary students attend Colonial Road School or Woodside Avenue School, while middle school students continue on to Franklin Avenue Middle School.
Families are drawn to the district’s emphasis on academic fundamentals, creative thinking, and extracurricular involvement. Schools play a key role in buyer decision-making and long-term home values, making Franklin Lakes especially appealing to households planning for stability and future growth.
Quick Facts About Franklin Lakes
County: Bergen County, NJ
Population: ~11,079
Median Home Price: Around $1.3M (varies by season & inventory)
Train to NYC: ~40–55 minutes via car or nearby transit
School Rating: Highly regarded public schools; strong community reputation
Lifestyle: Affluent suburb with spacious homes, family-friendly environment, and suburban comfort
The Gill Group helps clients sell and buy throughout the Jersey Shore, notably Long Beach Island, Manasquan, Point Pleasant Beach, Asbury Park, Spring Lake, Avalon and much more.
Sample Franklin Lakes NJ Sales by The Gill Group
29 Bentley Drive, Franklin Lakes
Sold: $570,000
847 Seneca Road, Franklin Lakes
Sold: $3,926,500
2 Bentley Drive , Franklin Lakes
Sold: $655,000
378 Hillview Terrace, Franklin Lakes
Sold: $2,315,000
101 Evergreen Court, Franklin Lakes
Sold: $1,875,000
Frequently Asked Questions
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