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Foreclosure Homes in Franklin, NJ 08322

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Franklin, NJ Foreclosures

Current Market Conditions in in Franklin, NJ As of April 2026?
Over the past month, the housing market in Franklin has experienced an uptick in listings, providing potential buyers with more choices. However, the demand remains strong, leading to competitive bidding on well-located properties. The average days on market have decreased slightly, indicating a quick turnaround for sellers and a vibrant market. Prices have remained steady, with small fluctuations due to seasonal changes and inventory levels.
How much do homes sell for in Franklin, NJ?
The average home price is currently $420,225.
In Franklin, NJ, how many homes are available?
There are currently 2 active home listings available in Franklin.
What’s the average rental cost in Franklin, NJ?
The average rental price in Franklin is $1,737.
What is the most expensive home in Franklin?
The most expensive home sold in Franklin had a price of $11,316,343.
What is currently the cheapest priced home in Franklin, NJ?
The cheapest home for sale in Franklin is priced at $17,474.

Living in Franklin, NJ

Franklin, NJ is an inviting township known for its beautiful landscapes, strong community ties, and convenient amenities. The area offers a blend of history and nature, perfect for families and individuals alike. With a variety of recreational activities and local services, Franklin is a great place to call home.

Buyer vs Seller Market in Franklin, NJ

The real estate market in Franklin has shown consistent growth over the past year, with an increase in demand for single-family homes. The community's appeal lies in its combination of nature and accessibility, which has attracted many homebuyers seeking a suburban lifestyle. The average home price has steadily risen, indicating a healthy market with opportunities for investment.

Additionally, Franklin's market has been bolstered by its proximity to larger urban areas, enabling residents to enjoy a peaceful rural setting while still being close to urban amenities. Homes in Franklin tend to sell quickly, reflecting the increasing interest from buyers.

Home Value Estimator For Franklin, NJ

There are currently 2,010 real estate properties in Franklin, NJ, with a median automated valuation model (AVM) price of $367,407.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Franklin, NJ, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Franklin, NJ, is $420,225.00, with the most expensive house in Franklin, NJ, topping out at $11,316,343.00 and the cheapest home in Franklin, NJ, clocking in at $17,474.00. In other words, there’s something for every potential homebuyer or savvy investor in Franklin, NJ!

Rent Prices In Franklin, NJ

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Franklin, NJ, is on a rollercoaster ride. The average rent price in Franklin, NJ, is $1,737.00. Indeed, when looking to rent in Franklin, NJ, you can expect to pay as little as $1,200.00 or as much as $2,940.00, with the average rent median estimated to be $1,710.00. The good news is that finding an affordable and desirable property to rent in Franklin, NJ -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Franklin, NJ 08322 Foreclosures

Market Trend for Franklin, NJ

Total Listings Available: 2

Market Values:

Home Prices from $17,474 to $11,316,343

Average Sales Price: $420,225

Rental Values:

Rental from $1,200 to $2,940

Average Rent Value: $1,737 / month

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