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.
Franklin Lakes NJ real estate is Bergen County's benchmark estate market — a nine-square-mile borough where every closed sale carries luxury implications. Urban Farms, the historic estate section built out from the 1930s, remains the borough's most instantly recognizable address and the reason Franklin Lakes has stayed on the national luxury-real-estate map for four decades. Beyond Urban Farms, the High Mountain Road corridor, the streets around the Ramapo Country Club, the newer construction pockets off Pulis Avenue, and the wooded acreage along Ewing Avenue and Franklin Avenue each define their own segment of the borough's luxury tiers. Franklin Lakes homes for sale rarely trade under $1M, most sit between $1.5M and $3M, and trophy estates on the largest lots regularly clear $5M — with a handful of new construction and gated compounds trading well above that.
What separates Franklin Lakes from other Bergen County luxury markets is inventory scarcity. The borough has no meaningful new subdivisions and a limited number of teardown-and-rebuild lots, which means the estate market runs on a small denominator. When a well-positioned home comes to market on the right street, the buyer pool is real: relocations from Manhattan, move-up families from Ho-Ho-Kus and Ridgewood, cross-Hudson interest from Westchester, and international buyers using the borough's proximity to the George Washington Bridge. If you're weighing a sell my home in Franklin Lakes decision, the more important question than "when" is often "how" — a quiet, off-market approach, a pre-market broker preview, or a full public launch each produce different outcomes at this price point.
An accurate Franklin Lakes NJ home valuation begins with the last twelve months of closed sales on your specific street or estate section, cross-checked against active listings within your price band and adjusted for renovation vintage, lot yield, pool and outdoor amenities, and the increasingly important question of whether the home's floor plan matches what today's Franklin Lakes buyer is actually asking for. Franklin Lakes' June 2026 median sale price of $2.1M (up 5.0% year-over-year) tells one story; the underlying $1.2M-to-$6M spread is where valuation accuracy lives. Days-on-market compressed 32.7% year-over-year to 33 days, and sale-to-list held near 98.4% — a healthy seller's market for correctly positioned inventory.
Jeff Montemarano handles the majority of our Franklin Lakes and Bergen County estate work, with Jason Alan on strategy and marketing. When you're ready to have a discreet, unhurried conversation about your home's real value in today's Franklin Lakes market — and hear how a boutique launch would look — get a real Franklin Lakes home valuation from Jason Alan. Prepared personally, delivered inside one business day, and treated with the confidentiality this market expects.