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Foreclosures in Franklin, NJ

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Franklin, NJ Foreclosures

Current Market Conditions in in Franklin, NJ As of March 2026?
Over the past month, the Franklin real estate market has exhibited signs of modest growth. Home sales have seen a slight uptick, driven by increased buyer interest following seasonal trends. Listings have also stabilized after the summer fluctuations, indicating a developing balance between supply and demand.
How much do homes sell for in Franklin, NJ?
The average home price is currently $425,612.
In Franklin, NJ, how many homes are available?
There are currently 14 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 $11,440,435.
What is currently the cheapest priced home in Franklin, NJ?
The cheapest home for sale in Franklin is priced at $17,666.

Living in Franklin, NJ

Franklin, NJ, is a quaint borough immersed in nature and history. It boasts excellent educational institutions, recreational activities, and a close-knit community vibe. With easy access to outdoor experiences and local amenities, Franklin is an appealing choice for families and individuals alike.

Buyer vs Seller Market in Franklin, NJ

The Franklin real estate market is currently stable, with homes maintaining their value over the past several months. The demand for housing in this area remains strong due to the attractive suburban lifestyle it offers, along with proximity to outdoor activities and education opportunities.

Trends show that property values have seen modest increases as buyers are drawn to the family-friendly environment, recreational areas, and tight community orientation. The market is characterized by a mix of charming older homes and new developments, catering to diverse preferences.

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 $374,275.00. 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 $425,612.00, with the most expensive house in Franklin, NJ, topping out at $11,440,435.00 and the cheapest home in Franklin, NJ, clocking in at $17,666.00. 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

Market Trend for Franklin, NJ

Total Listings Available: 14

Market Values:

Home Prices from $17,666 to $11,440,435

Average Sales Price: $425,612

Rental Values:

Rental from $1,200 to $2,940

Average Rent Value: $1,737 / month

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