Population: 5,736 · Density: 182.1/mi² · Median household income: $88,557
Typical home value: $235,413 · Homeownership: 63.5%
Data as of January 2026. Source: Realtor.com.
The FRANKLIN, NJ real estate market (07416) currently shows 13 active listings, with 5 pending sales. Homes are averaging 42 days on the market before going under contract.
Inventory has tightened compared to last year, with 3 fewer active listings — creating more competition among buyers.
Homes are selling faster, averaging 42 days on market compared to 66 days last year.
The median listing price has fallen 4.7% year-over-year, from $393,450 to $374,900.
Whether you are buying or selling in FRANKLIN, NJ, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 07416 | Franklin, NJ 07416 | 0.0 mi | 13 | $5,464,810 | $374,900 | $420,370 |
| 07419 | Hamburg, NJ 07419 | 3.2 mi | 49 | $25,371,857 | $452,450 | $517,793 |
| 07848 | Lafayette, NJ 07848 | 4.9 mi | 10 | $4,796,000 | $445,000 | $479,600 |
| 07822 | Augusta, NJ 07822 | 6.4 mi | 1 | $845,000 | $845,000 | $845,000 |
| 07462 | Vernon, NJ 07462 | 8.1 mi | 80 | $22,845,760 | $273,700 | $285,572 |
| 07422 | Highland Lakes, NJ 07422 | 9.1 mi | 28 | $13,304,928 | $399,000 | $475,176 |
| 07849 | Lake Hopatcong, NJ 07849 | 9.8 mi | 26 | $17,585,412 | $697,000 | $676,362 |
| 07480 | West Milford, NJ 07480 | 11.1 mi | 57 | $26,975,820 | $399,450 | $473,260 |
| 07866 | Rockaway, NJ 07866 | 12.0 mi | 46 | $25,174,190 | $532,450 | $547,265 |
| 07843 | Hopatcong, NJ 07843 | 12.2 mi | 35 | $18,907,490 | $399,000 | $540,214 |
| 07801 | Dover, NJ 07801 | 12.4 mi | 24 | $12,156,552 | $494,450 | $506,523 |
| 07821 | Andover, NJ 07821 | 13.0 mi | 21 | $22,376,907 | $743,950 | $1,065,567 |
| 10988 | Unionville, NY 10988 | 13.4 mi | 2 | $736,666 | $370,000 | $368,333 |
As of January 2026, there are 13 active listings in FRANKLIN, NJ (zip code 07416), compared to 16 the prior year.
The median listing price in FRANKLIN, NJ 07416 is $374,900 as of January 2026, a 4.7% decrease from $393,450 the prior year.
Homes in FRANKLIN, NJ 07416 spend an average of 42 days on the market before going under contract, compared to 66 days the prior year.
Based on current inventory and days-on-market data as of January 2026, FRANKLIN, NJ 07416 is currently a Seller's Market. Inventory has tightened compared to last year, with 3 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 42 days on market compared to 66 days last year.
With SELL123.com's maximum 3% commission, sellers in FRANKLIN, NJ 07416 save an estimated $7,498 compared to a typical 5% commission on the median listing price of $374,900. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.