Explore Franklin Lakes in New Jersey City

General Information
Franklin Lakes, located in Bergen County, New Jersey, is a prestigious suburban community known for its quiet atmosphere, scenic beauty, and spacious properties. With tree-lined streets, luxury homes, and several lakes and nature preserves—including the popular Franklin Lakes Nature Preserve and Indian Trail Club—this town appeals to those seeking a peaceful lifestyle just 25 miles from Manhattan. It’s consistently ranked among New Jersey’s most desirable places to live, thanks to its excellent schools, strong community spirit, and access to outdoor recreation.
Real Estate Information
Franklin Lakes is a luxury housing market with large estates, custom-built homes, and gated communities. Many properties sit on half-acre to multi-acre lots, featuring high-end amenities like swimming pools, home theaters, and tennis courts. Entry-level homes generally start above $1 million, while larger estates can easily reach $3M–$6M+. There's limited inventory due to high demand and a community preference for privacy and space, making it a competitive market. It’s popular among executives, celebrities, and professionals looking for a retreat that still offers proximity to NYC.
Historical/Interesting Facts
Franklin Lakes was incorporated in 1922 from part of Franklin Township. The town retains a rural feel rooted in its early agricultural history, with original farmhouses still scattered throughout. It was named for William Franklin, the last colonial governor of New Jersey and son of Benjamin Franklin. Over time, the area evolved from farmland into a residential haven, especially after World War II. Today, the borough balances preservation of open land and historic charm with high-end modern development.
Properties Statistics
Total Properties
22
Median Asking
$3,776,772.59
Average Days on Market
113 days
Average Home Age
25 years
Based on results from 22 properties
