Foreclosure Homes in Franklin Park, NJ

Current Market Conditions in Franklin Park, NJ

The real estate market in Franklin Park has shown consistent growth over the last year, with increasing demand for family homes. The community's appeal due to its schools and parks has attracted many buyers, leading to a competitive market.

Prices have risen modestly, and inventory has been limited, which has driven sellers to list their homes at higher price points. However, the market remains accessible for first-time buyers due to a variety of home styles and price ranges available.

Rent Prices In Franklin Park, NJ

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Franklin Park, NJ, is on a rollercoaster ride. The average rent price in Franklin Park, NJ, is $2,352.00. Indeed, when looking to rent in Franklin Park, NJ, you can expect to pay as little as $1,580.00 or as much as $5,450.00, with the average rent median estimated to be $2,290.00. The good news is that finding an affordable and desirable property to rent in Franklin Park, 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.