Data as of March 2026. Source: Realtor.com.
The FRANKLIN LAKES, NJ real estate market (07417) currently shows 32 active listings, with 3 pending sales. Homes are averaging 51 days on the market before going under contract.
Inventory has tightened compared to last year, with 6 fewer active listings — creating more competition among buyers.
Homes are selling faster, averaging 51 days on market compared to 68 days last year.
The median listing price has fallen 14.2% year-over-year, from $3,344,000 to $2,870,000.
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.
Population: 11,010 · Density: 451.2/mi² · Median household income: $204,833
Typical home value: $1,139,240 · Homeownership: 88.0%
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 07417 | Franklin Lakes, NJ 07417 | 0.0 mi | 28 | $87,195,360 | $2,990,000 | $3,114,120 |
| 07436 | Oakland, NJ 07436 | 2.3 mi | 18 | $14,751,684 | $669,500 | $819,538 |
| 07508 | Haledon, NJ 07508 | 3.9 mi | 25 | $19,179,650 | $650,000 | $767,186 |
| 07401 | Allendale, NJ 07401 | 4.3 mi | 6 | $4,996,800 | $799,750 | $832,800 |
| 07506 | Hawthorne, NJ 07506 | 4.4 mi | 20 | $13,678,800 | $632,499 | $683,940 |
| 07446 | Ramsey, NJ 07446 | 4.8 mi | 10 | $8,691,000 | $907,225 | $869,100 |
| 07430 | Mahwah, NJ 07430 | 5.2 mi | 32 | $70,146,112 | $663,000 | $2,192,066 |
| 07452 | Glen Rock, NJ 07452 | 5.5 mi | 15 | $23,779,875 | $1,674,500 | $1,585,325 |
| 07457 | Riverdale, NJ 07457 | 5.5 mi | 8 | $3,579,000 | $455,000 | $447,375 |
| 07444 | Pompton Plains, NJ 07444 | 5.9 mi | 14 | $8,323,224 | $419,925 | $594,516 |
| 07522 | Paterson, NJ 07522 | 6.0 mi | 7 | $2,431,044 | $298,500 | $347,292 |
| 07502 | Paterson, NJ 07502 | 6.2 mi | 13 | $7,565,753 | $565,000 | $581,981 |
| 07403 | Bloomingdale, NJ 07403 | 6.5 mi | 17 | $9,133,284 | $489,675 | $537,252 |
As of March 2026, there are 32 active listings in FRANKLIN LAKES, NJ (zip code 07417), compared to 38 the prior year.
The median listing price in FRANKLIN LAKES, NJ 07417 is $2,870,000 as of March 2026, a 14.2% decrease from $3,344,000 the prior year.
Homes in FRANKLIN LAKES, NJ 07417 spend an average of 51 days on the market before going under contract, compared to 68 days the prior year.
Based on current inventory and days-on-market data as of March 2026, FRANKLIN LAKES, NJ 07417 is currently a Seller's Market. Inventory has tightened compared to last year, with 6 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 51 days on market compared to 68 days last year.
With SELL123.com's maximum 3% commission, sellers in FRANKLIN LAKES, NJ 07417 save an estimated $57,400 compared to a typical 5% commission on the median listing price of $2,870,000. 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.