Significant acreage. Substantial homes.
One of Bergen County's most consistent luxury markets.
Franklin Lakes is Bergen County's trophy estate market. The borough's lots are notably large — many half-acre minimums, with significant runs of one-acre-plus and gated estate subdivisions. The result is a residential pattern more reminiscent of Westchester or Greenwich than typical suburban Bergen County: stone-walled drives, mature plantings, and homes set well back from the road.
Pricing here clusters in the $1.5M to $5M range for substantial single-family homes, with trophy estates well above. The borough has long attracted athletes, executives, and entertainment names — privacy is part of the product. Listings of consequence often move in selective channels before reaching the open market.
Twenty-eight miles from Midtown via Route 208 and the GSP, with Newark Liberty International ~30 minutes south. The location is unusually good for a market with this much space per home.
Pricing a Franklin Lakes estate is more nuanced than running comparable-sale spreads. Subdivision, gated vs. open access, lot orientation, and finish-quality tier all matter — and a small miss on any of them is a six-figure mispricing.
If you're considering a discrete sale or beginning a Franklin Lakes search, the right first step is a confidential, in-person conversation. We're glad to deliver a thoughtful, honest valuation off the market.
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Live MLS inventory across Franklin Lakes, updated by the minute. Sorted by price.
Franklin Lakes is the kind of market where transactional knowledge pays back many times. The short list:
Schools, dining rooms, and outdoor corners that define the borough.
Live single-family data for Franklin Lakes Borough, sourced from GSMLS via New Jersey REALTORS.
Franklin Lakes luxury real estate set another strong benchmark in June 2026. The Franklin Lakes median sale price rose to $2.1M (+5.0% year-over-year), homes sold 32.7% faster than last year, and inventory tightened 39.3%. Franklin Lakes trophy estates continue to reward well-positioned sellers — 13 closed sales in June reflects steady, discerning buyer demand for Bergen County's premier estate market.
Source: New Jersey REALTORS Local Market Update, June 2026. Single-family homes, Franklin Lakes Borough.
Begin with a confidential conversation and an expert, market-specific valuation from agents who actually work this corner of North Jersey.