Why Live in Franklin
Franklin is a neighborhood known for its mix of contemporary and historic homes, including midcentury vintage houses, 1980s constructions, and early 20th-century ranch-style homes once inhabited by miners. These homes range from one- to three-bedroom ranches to larger split-levels and colonials with three to four bedrooms, often set on expansive lots up to an acre. The median home price is $335,000. Franklin Boro Park is a local attraction offering green spaces, playgrounds, and water activities like fishing, boating, and kayaking on Franklin Pond. Golf enthusiasts can enjoy the 18-hole Black Bear Golf Club or the nine-hole Wallkill Country Club. The Franklin Mineral Museum and Sterling Hill Mining Museum provide educational experiences with fossils, fluorescent minerals, and mining history. Dining and retail options are concentrated along Route 23, featuring a variety of cuisines including Italian, Mexican, and traditional American, with conveniences like grocery stores, fast food, and retail shops. Route 23 is the main thoroughfare, connecting residents to Sussex County and New York City, which is just over an hour away. The neighborhood's layout includes nature-themed street names and requires car ownership for easy navigation. Franklin Elementary School and Wallkill Valley Regional High School both have high ratings, with a variety of extracurricular activities available for students.
Frequently Asked Questions
Is Franklin a good place to live?
Franklin is a good place to live. Franklin is considered car-dependent and somewhat bikeable. Franklin has 6 parks for recreational activities. It has a median age of 45. The average household income is $83,409 which is below the national average. College graduates make up 20.1% of residents. A majority of residents in Franklin are home owners, with 34.2% of residents renting and 65.8% of residents owning their home. A
local real estate agent serving Franklin can help you decide if this neighborhood is the right one for you. Learn more on our
Franklin neighborhood guide.
Is Franklin, NJ a safe neighborhood?
Franklin, NJ is safer than the average neighborhood in the United States. It received a crime score of 3 out of 10.
How much do you need to make to afford a house in Franklin?
The median home price in Franklin is $283,741. If you put a 20% down payment of $56,700 and had a 30-year fixed mortgage with an interest rate of 6.63%, your estimated principal and interest payment would be $1,450 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $62K a year to afford the median home price in Franklin. The average household income in Franklin is $83K.
What are the best public schools in Franklin?
The best public schools that serve Franklin are:
What are the most popular zip codes in Franklin, Franklin, NJ?
What are the most popular neighborhoods near Franklin, Franklin, NJ?
Are home prices dropping in Franklin?
Yes, home prices in Franklin are down 50% in the last 12 months.
Home Trends in Franklin, NJ
On average, homes in Franklin, NJ sell after 79 days on the market compared to the national average of 70 days. The median sale price for homes in Franklin, NJ over the last 12 months is $279,000, down 27% from the median home sale price over the previous 12 months.
Median Sale Price
$279,000
Median Single Family Sale Price
$279,000
Median Townhouse Sale Price
$458,990
Average Price Per Sq Ft
$269
Number of Homes for Sale
9
Last 12 months Home Sales
25
Median List Price
$283,741
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
-27%