$1,880,551Average Value$511Average Price per Sq Ft35Homes For Sale
Serene street and more than a few mansions
Home to an estimated 10,000 people, northern New Jersey’s Franklin Lakes is a residential area known for its quiet streets, expansive housing lots and oversized homes. No highways run through Franklin Lakes. Instead, residents travel along winding country roads. "Typically, what drives people to Franklin Lakes is more land. Those who want to have a luxury property," says Maryanne Elsaesser, a broker associate and Team Lead of The Home Navigators Team at Compass.
Neighborhoods with large homes and front lawns are common in Franklin Lakes
Franklin Lakes is around an hour from New York City.
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Large estates with lots of luxuries
People in Franklin Lakes like to live large. Homes measuring 7,000 square feet on sprawling estates outfitted with elaborate outdoor patios, tennis courts and swimming pools are common. Prices for colonials and millennium mansions that incorporate a variety of architectural styles start at about $1.3 million and can soar to $7 million and higher. Grand estates include elements such as marble foyers, bridal staircases, cathedral ceilings, columns and detailed woodwork. Some buyers opt to purchase large plots of land for custom builds.
Live lavish in a large estate in the Franklin Lakes neighborhood.
Large custom colonial home in Franklin Lakes.
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A break on taxes
Franklin Lakes residents find a little relief in property taxes. "The taxes are very reasonable when you compare them to other boroughs and counties in New Jersey, thanks to Franklin Lakes being the site of several Fortune 500 Company headquarters, which offsets property taxes," says Adam DeFino, the broker of record at DeFino Realtors.
Franklin Lakes is home to a variety of fortune 500 and other business complexes.
There are a variety of corporate buildings in Franklin Lakes.
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Strong schools with small class size
High Mountain Road Elementary School, which gets a B+ rating from Niche, enrolls approximately 275 students and has a student-teacher ratio of 10 to one. The B-rated Franklin Avenue Middle School emphasizes critical thinking skills and the development of the whole child. Ramapo Indian Hills Regional High School offers an aviation program and college-level classes. Niche gives it an A rating. The Catholic school Academy of the Most Blessed Sacrament enrolls about 100 prekindergarten through 8th grade students, and has an eight-to-one student ratio.
High Mountain Road School is in Franklin Lakes, NJ.
Franklin Avenue Middle School serves grades 6-8th.
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Rustic and refined recreation options
The serene Franklin Lakes Nature Preserve contains walking and hiking trails and a 75-acre lake where visitors can fish and boat from April to November. Parsons Pond Park features open green space, ponds and streams, ballfields and walking paths through natural wooded areas. Residents can join the Indian Trail Club, a private country club with a full-scale restaurant, tennis club, pool and lake. In colder months, the Campgaw Mountain Ski Area, a destination for skiers, snowboarders and snow tubers, can be reached in 10 minutes by car.
Hiking trails wind through the forest at The Franklin Lakes Nature Preserve.
Practice your batting at the ball field at Parson's Pond Park.
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A central street meets most needs
The main drag of the neighborhood is Franklin Avenue. Roast’d is a popular spot for coffee; Pazza serves Italian comfort food, and Five13 Liquor Lounge specializes in creative cocktails and elevated appetizers. Locals grab groceries at the Stop & Shop and fresh produce, baked goods and locally-made specialty items at Abma’s Farm in nearby Wyckoff.
Shop all throughout Franklin Lakes with local shopping centers.
The main thoroughfare of Franklin Lakes is a great place to get your shopping and dining in.
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Easy access to major thoroughfares
Roadways serving the area include New Jersey State Route 208 and Interstate 287. Midtown Manhattan can be reached in about an hour.
Residents of Franklin Lakes have access to highways to get in and out of town with ease.
Residents of Franklin Lakes have access to major highways for travel.
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Written By
Tina Davis
Photography Contributed By
Brendan Rogers
Video By
Syd Silberman
Interested in learning more about homes in this area?
Reach out to
Colin Somerville,
an experienced agent in this area.
On average, homes in Franklin Lakes, NJ sell after 61 days on the market compared to the national average of 53 days. The median sale price for homes in Franklin Lakes, NJ over the last 12 months is $1,725,000, up 27% from the median home sale price over the previous 12 months.
Tucked away on a quiet private cul-de-sac, this beautifully updated Franklin Lakes home sits on over a half-acre of picturesque land, blending timeless design with modern luxury. Every inch has been thoughtfully enhanced to perfection, offering a seamless balance of comfort, craftsmanship, and elegance.At the heart of the home is a stunning chef's kitchen with custom white cabinetry, marble
Set high atop 3.2 acres of manicured grounds, this magnificent villa offers resort style living with stunning mountain views and unparalleled tranquility and privacy. This exceptional property, rarely found in the Northeast, provides the feeling of a dream vacation destination in Central America or California, yet is only 30 minutes from NYC. Your private road brings brings you to grounds that
Jamie OakleyProminent Properties Sotheby's International Realty-Franklin Lakes
Nestled in one of the desired and affluent area this 6BR 7.5Bth Lakefront split level home has a lot to offer. Sitting on a 1.4acre lot this home has a large entry foyer, a proportionally size receiving room, a huge dining & living room area w/ direct access to a spacious terrace overlooking the backyard and the lake, an oversized eat-in kitchen with adjoining butler room, 4 fireplaces and 2
Live the Franklin Lakes lifestyle youa€TMve always imagined in this reimagined Mountain Shadows townhome. Perfectly positioned end unit at 1 Bentley Drive, this home was completely gutted and rebuilt with no expense spared. Two primary suites one on the first floor and one above create flexibility for multigenerational living. Experience sleek stone surfaces, luxury flooring, and modern
Tucked away on a quiet private cul-de-sac, this beautifully updated Franklin Lakes home sits on over a half-acre of picturesque land, blending timeless design with modern luxury. Every inch has been thoughtfully enhanced to perfection, offering a seamless balance of comfort, craftsmanship, and elegance.At the heart of the home is a stunning chef's kitchen with custom white cabinetry, marble
Welcome to this stunning, updated Center Hall Colonial immaculately kept nestled on nearly 2 private acres! Step through the elegant leaded glass front door into a sun-drenched two-story foyer, highlighted by a custom open wood staircase with wrought iron spindles. The first floor features gleaming hardwood floors, a sunken family room with dual gas fireplace and a beautiful Salerno kitchen with
Discover modern luxury in this stunning custom-built contemporary residence, crafted by a distinguished local architect. This home offers 3 bedrooms, 2 full baths, and 2 half baths, with floor-to-ceiling windows that fill each space with natural light. The backyard is an entertainerâ€TMs dream, featuring a gunite pool, spa, and dual fireplaces for year-round enjoyment. Inside, youâ€TMll find a
Dianna IvanovKeller Williams Village Square Realty
Experience beautiful Colonial Pointe Franklin Lakes, Bergen County, New Jersey’s newest luxury apartment community by Franklin Lakes Realty, LLC. Nestled in a serene, wooded setting on Colonial Road, just off Franklin Avenue, this pet-friendly community offers one- to two-bedroom apartments with luxury features and modern technology. Onsite amenities include a Residents’ Lounge, state-of-the-art
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