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Franklin Lakes, NJ Real Estate & Property Data

Franklin Lakes Real Estate Market Trends

Last Updated: October 04, 2025

Accurate and comprehensive real estate data is critical for insight into Franklin Lakes, NJ 07417. ATTOM’s Franklin Lakes real estate data is updated daily, and current market trends show that in Franklin Lakes, NJ a total of 125 residential properties have sold over the past year. With a median home price of $2,250,000 in Franklin Lakes. Get detailed property data for Franklin Lakes, NJ instantly. ATTOM is your one-stop-shop for the Franklin Lakes property reports and real estate data you need in Franklin Lakes, NJ.

Franklin Lakes Real Estate Market Trends

Get property data for any address in Franklin Lakes, NJ or the country:

Total Residential Properties 3,721

Total Commercial Properties 52

Avg. Home Age (Single Family Home) 48 Years

Avg. Square Feet (Single Family Home) 3,638

Total 2025 Residential Sales (year-to-date) 76

% of Homes Seriously Underwater (Q4 2025) 0.64%

Total 2024 Residential Sales 94

% of Equity Rich Homes (Q4 2025) 40.12%

Effective 2024 Property Tax 1.12%

Total Foreclosure Filings (year-to-date) 3

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Franklin Lakes, NJ 07417 Real Estate Overview

There were 125 residential properties sold in the past year in Franklin Lakes, NJ 07417. The median home value in Franklin Lakes, NJ 07417 is $1,342,000. There are a total of 3,721 residential properties in the 07417.

Median Sales Price i

$2,250,000

(Jul 2025)

+59%

year-over-year

y-o-y

July '25 Jul '25 $2,250,000
June '25 Jun '25 $1,300,000
May '25 May '25 $1,702,500
April '25 Apr '25 $1,100,000
March '25 Mar '25 $825,000
February '25 Feb '25 $1,350,000
January '25 Jan '25 $1,440,000
December '24 Dec '24 $1,266,500
November '24 Nov '24 $1,800,000
October '24 Oct '24 $1,200,000
September '24 Sep '24 $1,120,000
August '24 Aug '24 $2,312,500

Median Down Payment i

$576,000

(Jul 2025)

+103.5%

year-over-year

y-o-y

July '25 Jul '25 $576,000
June '25 Jun '25 $260,000
May '25 May '25 $796,000
April '25 Apr '25 $338,674
March '25 Mar '25 $170,875
February '25 Feb '25 $329,850
January '25 Jan '25 $340,000
December '24 Dec '24 $319,000
November '24 Nov '24 $450,000
October '24 Oct '24 $306,725
September '24 Sep '24 $340,100
August '24 Aug '24 $525,000

Number of Homes Sold i

19

(Jul 2025)

+216.7%

year-over-year

y-o-y

July '25 Jul '25 19
June '25 Jun '25 10
May '25 May '25 14
April '25 Apr '25 9
March '25 Mar '25 11
February '25 Feb '25 5
January '25 Jan '25 8
December '24 Dec '24 9
November '24 Nov '24 7
October '24 Oct '24 8
September '24 Sep '24 7
August '24 Aug '24 12

Number of Purchase Loans i

13

(Jul 2025)

+225%

year-over-year

y-o-y

July '25 Jul '25 13
June '25 Jun '25 6
May '25 May '25 7
April '25 Apr '25 7
March '25 Mar '25 5
February '25 Feb '25 3
January '25 Jan '25 8
December '24 Dec '24 8
November '24 Nov '24 4
October '24 Oct '24 5
September '24 Sep '24 5
August '24 Aug '24 9

Number of REFI Loans i

8

(Jul 2025)

+166.7%

year-over-year

y-o-y

July '25 Jul '25 8
June '25 Jun '25 4
May '25 May '25 11
April '25 Apr '25 9
March '25 Mar '25 4
February '25 Feb '25 3
January '25 Jan '25 5
December '24 Dec '24 11
November '24 Nov '24 2
October '24 Oct '24 8
September '24 Sep '24 4
August '24 Aug '24 7

Number of HELOC Loans i

5

(Jul 2025)

-37.5%

year-over-year

y-o-y

July '25 Jul '25 5
June '25 Jun '25 8
May '25 May '25 7
April '25 Apr '25 12
March '25 Mar '25 6
February '25 Feb '25 6
January '25 Jan '25 5
December '24 Dec '24 4
November '24 Nov '24 14
October '24 Oct '24 10
September '24 Sep '24 3
August '24 Aug '24 8

Franklin Lakes, NJ 07417 Real Estate Market Overview

Last 30 days

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Franklin Lakes, NJ 07417 Foreclosure Activity

Total Foreclosure Filings i

July '25 Jul '25 N/A
June '25 Jun '25 1
May '25 May '25 1
April '25 Apr '25 N/A
March '25 Mar '25 1
February '25 Feb '25 N/A
January '25 Jan '25 N/A
December '24 Dec '24 N/A
November '24 Nov '24 1
October '24 Oct '24 1
September '24 Sep '24 1
August '24 Aug '24 1

Foreclosure Starts i

July '25 Jul '25 N/A
June '25 Jun '25 N/A
May '25 May '25 N/A
April '25 Apr '25 N/A
March '25 Mar '25 1
February '25 Feb '25 N/A
January '25 Jan '25 N/A
December '24 Dec '24 N/A
November '24 Nov '24 1
October '24 Oct '24 1
September '24 Sep '24 N/A
August '24 Aug '24 N/A

Completed Foreclosures (REOs) i

July '25 Jul '25 N/A
June '25 Jun '25 N/A
May '25 May '25 N/A
April '25 Apr '25 N/A
March '25 Mar '25 N/A
February '25 Feb '25 1
January '25 Jan '25 N/A
December '24 Dec '24 N/A
November '24 Nov '24 N/A
October '24 Oct '24 N/A
September '24 Sep '24 N/A
August '24 Aug '24 N/A

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