Data as of March 2026. Source: Realtor.com.
The FRANKLIN, NJ real estate market (07416) currently shows 15 active listings, with 6 pending sales. Homes are averaging 57 days on the market before going under contract.
Inventory has tightened compared to last year, with 4 fewer active listings — creating more competition among buyers.
Homes are taking longer to sell, averaging 57 days on market compared to 50 days last year.
The median listing price has fallen 6.6% year-over-year, from $394,900 to $368,675.
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.
Population: 5,736 · Density: 182.1/mi² · Median household income: $88,557
Typical home value: $235,413 · Homeownership: 63.5%
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 07416 | Franklin, NJ 07416 | 0.0 mi | 13 | $6,109,532 | $349,900 | $469,964 |
| 07419 | Hamburg, NJ 07419 | 3.2 mi | 51 | $25,801,614 | $450,725 | $505,914 |
| 07848 | Lafayette, NJ 07848 | 4.9 mi | 6 | $3,064,674 | $510,500 | $510,779 |
| 07822 | Augusta, NJ 07822 | 6.4 mi | 1 | $845,000 | $845,000 | $845,000 |
| 07462 | Vernon, NJ 07462 | 8.1 mi | 82 | $25,499,458 | $289,930 | $310,969 |
| 07422 | Highland Lakes, NJ 07422 | 9.1 mi | 23 | $10,397,679 | $385,999 | $452,073 |
| 07849 | Lake Hopatcong, NJ 07849 | 9.8 mi | 28 | $20,125,168 | $734,225 | $718,756 |
| 07480 | West Milford, NJ 07480 | 11.1 mi | 49 | $23,399,117 | $407,450 | $477,533 |
| 07866 | Rockaway, NJ 07866 | 12.0 mi | 52 | $26,262,600 | $523,450 | $505,050 |
| 07843 | Hopatcong, NJ 07843 | 12.2 mi | 39 | $24,300,003 | $509,675 | $623,077 |
| 07801 | Dover, NJ 07801 | 12.4 mi | 19 | $9,276,389 | $448,225 | $488,231 |
| 07821 | Andover, NJ 07821 | 13.0 mi | 23 | $23,902,313 | $699,000 | $1,039,231 |
| 10988 | Unionville, NY 10988 | 13.4 mi | 1 | $235,000 | $235,000 | $235,000 |
As of March 2026, there are 15 active listings in FRANKLIN, NJ (zip code 07416), compared to 19 the prior year.
The median listing price in FRANKLIN, NJ 07416 is $368,675 as of March 2026, a 6.6% decrease from $394,900 the prior year.
Homes in FRANKLIN, NJ 07416 spend an average of 57 days on the market before going under contract, compared to 50 days the prior year.
Based on current inventory and days-on-market data as of March 2026, FRANKLIN, NJ 07416 is currently a Balanced Market. Inventory has tightened compared to last year, with 4 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 57 days on market compared to 50 days last year.
With SELL123.com's maximum 3% commission, sellers in FRANKLIN, NJ 07416 save an estimated $7,374 compared to a typical 5% commission on the median listing price of $368,675. 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.