Franklin Lakes, NJ Real Estate Market Summary – September 8, 2026
In Franklin Lakes, NJ, the overall market has seen 8 homes sold in the last 30 days, averaging a pace of 1 every 3.75 days. The average days on market for these homes was approximately 12 days, with an average sale price of $1,701,063.
| Metric | 30 Days |
|---|---|
| Number Sold | 8 |
| Sold Per Day | 1 every 3.75 days |
| Average SQFT | not provided |
| Median Sales Price | $1,612,500 |
| Average Sales Price | $1,701,063 |
| Average Price Per SQFT | not provided |
| Average Days on Market | 12 |
| Average Year Built | 1977 |
Franklin Lakes, NJ Single Family Home Analysis
In the single-family segment, 8 homes were sold in the same period, maintaining the same pace of 1 every 3.75 days. These homes had a median sale price of $1,612,500 and spent around 12 days on the market before being sold.
| Metric | 30 Days |
|---|---|
| Number Sold | 8 |
| Sold Per Day | 1 every 3.75 days |
| Average SQFT | not provided |
| Median Sales Price | $1,612,500 |
| Average Sales Price | $1,701,063 |
| Average Price Per SQFT | not provided |
| Average Days on Market | 12 |
| Average Year Built | 1977 |
Franklin Lakes, NJ Condo & Townhome Analysis
There is no market data available for that home type at this time.
Buyer & Seller Analysis
- 8 homes were sold in total during the last 30 days.
- The homes sold at an average of 1 every 3.75 days.
- Properties had a median days on market of 12.5 days.
- The average sale price for homes was $1,701,063.
Conclusion
Overall, Franklin Lakes shows a consistent pattern in single-family home sales, reflecting stable activity in the market. However, no condo or townhome transactions were recorded in the past month.