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FRANKLIN LAKES, NJ 07417

Real Estate Market Report  ·  Bergen County
Balanced Market
January 2026  ·  Source: Realtor.com

Market Overview

Active Listings
27
⇩ 20.6% vs 34 last year
Pending
6
22% pending ratio
Median Price
$2,990,000
⇩ 10% vs $3,322,000 last year
Average Price
$3,175,648
⇩ 8.4% vs $3,465,709 last year
Days on Market
95
⇧ 43.9% vs 66 days last year

Market Context

Population: 11,010  ·  Density: 451.2/mi²  ·  Median household income: $204,833

Typical home value: $1,139,240  ·  Homeownership: 88.0%

Market Analysis

Data as of January 2026. Source: Realtor.com.

The FRANKLIN LAKES, NJ real estate market (07417) currently shows 27 active listings, with 6 pending sales. Homes are averaging 95 days on the market before going under contract.

Inventory has tightened compared to last year, with 7 fewer active listings — creating more competition among buyers.

Homes are taking longer to sell, averaging 95 days on market compared to 66 days last year.

The median listing price has fallen 10% year-over-year, from $3,322,000 to $2,990,000.

Whether you are buying or selling in FRANKLIN LAKES, 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.

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Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 27 this year vs 34 last year
  • Days on market: 95 now vs 66 last year

Median & Average Pricing

Year over Year
  • Median: $2,990,000 (-10% YoY)
  • Average: $3,175,648 (-8.4% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 6.5 miles — 204 listings ($270,992,897 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
07417Franklin Lakes, NJ 074170.0 mi27$85,742,496$2,990,000$3,175,648
07436Oakland, NJ 074362.3 mi21$18,134,151$750,000$863,531
07508Haledon, NJ 075083.9 mi25$18,534,525$649,444$741,381
07401Allendale, NJ 074014.3 mi3$3,669,000$949,000$1,223,000
07506Hawthorne, NJ 075064.4 mi21$14,411,544$634,999$686,264
07446Ramsey, NJ 074464.8 mi13$15,282,618$1,150,000$1,175,586
07430Mahwah, NJ 074305.2 mi30$68,985,000$689,000$2,299,500
07452Glen Rock, NJ 074525.5 mi14$21,057,148$1,499,000$1,504,082
07457Riverdale, NJ 074575.5 mi5$2,907,750$497,200$581,550
07444Pompton Plains, NJ 074445.9 mi12$5,705,316$524,950$475,443
07522Paterson, NJ 075226.0 mi7$2,685,669$332,500$383,667
07502Paterson, NJ 075026.2 mi12$7,220,400$550,000$601,700
07403Bloomingdale, NJ 074036.5 mi14$6,657,280$466,950$475,520

Frequently Asked Questions

How many homes are for sale in FRANKLIN LAKES, NJ 07417?

As of January 2026, there are 27 active listings in FRANKLIN LAKES, NJ (zip code 07417), compared to 34 the prior year.

What is the median home price in FRANKLIN LAKES, NJ 07417?

The median listing price in FRANKLIN LAKES, NJ 07417 is $2,990,000 as of January 2026, a 10% decrease from $3,322,000 the prior year.

How long do homes stay on the market in FRANKLIN LAKES, NJ?

Homes in FRANKLIN LAKES, NJ 07417 spend an average of 95 days on the market before going under contract, compared to 66 days the prior year.

Is it a seller's or buyer's market in FRANKLIN LAKES, NJ 07417?

Based on current inventory and days-on-market data as of January 2026, FRANKLIN LAKES, NJ 07417 is currently a Balanced Market. Inventory has tightened compared to last year, with 7 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 95 days on market compared to 66 days last year.

How much can I save on real estate commission in FRANKLIN LAKES, NJ?

With SELL123.com's maximum 3% commission, sellers in FRANKLIN LAKES, NJ 07417 save an estimated $59,800 compared to a typical 5% commission on the median listing price of $2,990,000. 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.