Franklin Lakes, NJ real estate snapshot: Pulse Score pending, cap rate –%, median price $1,950,388.5. Below: live market insights, demographics, crime overview, investment hotspots, and nearby areas.
The housing market in Franklin Lakes continues to see strong price appreciation, with values up 119.1% compared to last year. Home prices have increased 21.9% in the past month alone. At the current sales pace, it would take over 11.5 months to sell all available homes in Franklin Lakes, indicating an oversupplied market. Transaction volume is up 33% compared to what's typically expected this time of year. Approximately 50.0% of homes sold above list price, indicating some competitive segments within the market. Affordability remains a significant challenge in the Franklin Lakes market with the affordability index at 1251.1. Based on current market indicators, home prices in Franklin Lakes are projected to decrease by approximately 11.5% over the next month.
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The Pulse Score combines property value appreciation, rental income potential, market liquidity, demographic trends, and crime/safety signals into a single 0–100 grade. Higher scores indicate stronger investor fundamentals.
Investment quality depends on your goals. Use the cap rate, investor-friendly score, demographic insights, and crime data on this page to evaluate Franklin Lakes, NJ for buy-and-hold, fix-and-flip, or short-term rental strategies.
Our analysis combines public datasets (US Census Bureau, FBI Uniform Crime Reporting, HUD, BLS) with proprietary short-term rental performance and active MLS feeds, refreshed on a regular cadence.
Use the “Related analysis” section on this page to jump to the dedicated crime report, school ratings, and state-level short-term rental market analysis for Franklin Lakes, NJ.
PulseReal’s analysis is built on top of these public, authoritative datasets.
Official UCR crime statistics by state and agency from the FBI.
Population, demographics, housing, and income data from the US Census Bureau.
Encyclopedic overview of the city, history, and notable landmarks.
Housing affordability, fair-market rents, and market reports from HUD.
Local unemployment and employment data from the Bureau of Labor Statistics.
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