What is the average home value in Franklin Lakes, NJ?

The typical home value in Franklin Lakes is about $1,643,000, up 12.7% over the past year, according to the Zillow Home Value Index for August 2026. Individual homes vary widely with lot, size and condition; Slava prepares a no-obligation written valuation for any Franklin Lakes home.

What are property taxes in Franklin Lakes, NJ?

The average residential property tax bill in Franklin Lakes was $20,718 in 2025, with a 2025 general tax rate of 1.904% and an effective rate of 1.4%, according to the New Jersey Division of Taxation.

How is property tax calculated in Franklin Lakes, NJ?

Multiply the home's assessed value by the general tax rate. At Franklin Lakes's 2025 rate of 1.904%, a home assessed at $1,000,000 owes about $19,040 a year. Assessed values are set by the town's tax assessor and can differ from market value, which is why the Division of Taxation also publishes an effective rate (1.4% of market value in Franklin Lakes).

What school district is Franklin Lakes, NJ in?

Franklin Lakes is served by Franklin Lakes Public Schools (PreK-8); high school students attend Ramapo HS or Indian Hills HS. U.S. News ranks Ramapo HS #129 in New Jersey (2026-2027 edition).

How long is the commute from Franklin Lakes to New York City?

From the nearest station (Waldwick (5.0 mi), Allendale (5.3 mi), Ramsey (5.5 mi)), scheduled morning-peak NJ Transit trips take 55-63 minutes to New York Penn Station. The George Washington Bridge is about 18.5 road miles from Franklin Lakes.

How much does it cost to sell a house in Franklin Lakes, NJ?

At Franklin Lakes's typical value of $1,643,000, New Jersey's state transfer costs for the seller come to about $33,785: $17,355 Realty Transfer Fee and $16,430 Graduated Percent Fee, which sellers have paid since July 10, 2025. Commission, attorney fees and any repairs are on top.

How do I sell my house in Franklin Lakes for the best price?

Price it from recent Franklin Lakes sales rather than from hope, fix what buyers and inspectors will notice, stage the rooms that show first, and market it with professional photography and video to buyers looking in Bergen County. Slava builds that plan for each Franklin Lakes home individually.

Bergen County, New Jersey

Franklin Lakes, NJ

Large lots, lakes and some of the biggest custom homes in Bergen County.

What’s my Franklin Lakes home worth

By Slava Zborovsky · Updated October 21, 2026

Franklin Lakes at a glance

Franklin Lakes is a borough in Bergen County where the typical home is worth about $1,643,000, the average property tax bill is $20,718, and the high school ranks #115 in New Jersey. Large lots, lakes and some of the biggest custom homes in Bergen County.

Typical home value

$1.64M

+12.7% in a year · Zillow, Aug 2026source

Average property tax bill

$20,718

2025, NJ Treasurysource

High school, NJ rank

#115

U.S. News 2026-2027 editionsource

Train to New York

55-63 min

From the nearest stationsource

To the GW Bridge

18.5 mi

Road miles, calculated

Population

11,084

Census ACS 2020-2024 5-year

Schools

Franklin Lakes is served by Franklin Lakes Public Schools (PreK-8). High schoolers attend Ramapo HS (or Indian Hills HS). Ramapo Indian Hills Regional HSD (Franklin Lakes, Oakland, Wyckoff); each 8th grader chooses Ramapo HS (Franklin Lakes) or Indian Hills HS (Oakland).

Ramapo HS: #129 in New Jersey and #2784 nationally, U.S. News 2026-2027 edition.source
Indian Hills HS: #115 in New Jersey, U.S. News 2026-2027 edition.source
Niche grade A for Ramapo Indian Hills Regional HSD (#46 of 244 NJ districts), 2027 Best School Districts in NJ.source
Franklin Lakes School District (K-8, graded not ranked, 2027): B+.source
Ramapo HS: 96.3% four-year graduation rate, 2024-25 (class of 2025), NJ Department of Education.source

Property taxes and selling costs

The average residential property tax bill in Franklin Lakes was $20,718 in 2025, up from $19,385 in 2024. The 2025 general tax rate is 1.904% of assessed value and the effective rate is 1.4% of market value, per the New Jersey Division of Taxation.source

What a seller pays to transfer a typical Franklin Lakes home

At Franklin Lakes’s typical value of $1,643,000, a seller pays roughly $17,355 in New Jersey’s Realty Transfer Fee plus $16,430 in the Graduated Percent Fee (1% of the price, which sellers have paid since July 10, 2025), about $33,785 in state transfer costs before commission and attorney fees. Standard rates; some sellers qualify for reductions. Run your own number.

Commute

Franklin Lakes has no train station; the nearest are Waldwick (5.0 mi), Allendale (5.3 mi), Ramsey (5.5 mi). Scheduled morning-peak trips take 55-63 minutes from Waldwick to New York Penn Station and 46-55 minutes from Waldwick to Hoboken, per the NJ Transit timetable.source The George Washington Bridge is about 18.5 road miles away.

Selling a home in Franklin Lakes

To sell a home in Franklin Lakes for the best price, start with a valuation built on recent Franklin Lakes sales, prepare the house so it photographs and shows at its best, and market it to the buyers already looking in Bergen County. That is the plan Slava Zborovsky follows with every seller here.

Slava grew up in the Pascack Valley, has been a licensed New Jersey broker since 2007, and works as a Broker Associate with The Agency One Rock from its Ho-Ho-Kus office. He will walk your home, show you the sales that matter, and give you a clear plan, whether you list next month or next year.

Life in Franklin Lakes

Zoning districts A-130, A-40, A-40C, A-22.5, A-5source
Franklin Lakes Nature Preserve (about 147 acres)source

Homes in Franklin Lakes

For Lease

837 Franklin Lake Road, Unit 837

Franklin Lakes, NJ

$35 per sq ft / yr

Listed by Slava

Franklin Lakes questions

What is the average home value in Franklin Lakes, NJ?: The typical home value in Franklin Lakes is about $1,643,000, up 12.7% over the past year, according to the Zillow Home Value Index for August 2026. Individual homes vary widely with lot, size and condition; Slava prepares a no-obligation written valuation for any Franklin Lakes home.
What are property taxes in Franklin Lakes, NJ?: The average residential property tax bill in Franklin Lakes was $20,718 in 2025, with a 2025 general tax rate of 1.904% and an effective rate of 1.4%, according to the New Jersey Division of Taxation.
How is property tax calculated in Franklin Lakes, NJ?: Multiply the home's assessed value by the general tax rate. At Franklin Lakes's 2025 rate of 1.904%, a home assessed at $1,000,000 owes about $19,040 a year. Assessed values are set by the town's tax assessor and can differ from market value, which is why the Division of Taxation also publishes an effective rate (1.4% of market value in Franklin Lakes).
What school district is Franklin Lakes, NJ in?: Franklin Lakes is served by Franklin Lakes Public Schools (PreK-8); high school students attend Ramapo HS or Indian Hills HS. U.S. News ranks Ramapo HS #129 in New Jersey (2026-2027 edition).
How long is the commute from Franklin Lakes to New York City?: From the nearest station (Waldwick (5.0 mi), Allendale (5.3 mi), Ramsey (5.5 mi)), scheduled morning-peak NJ Transit trips take 55-63 minutes to New York Penn Station. The George Washington Bridge is about 18.5 road miles from Franklin Lakes.
How much does it cost to sell a house in Franklin Lakes, NJ?: At Franklin Lakes's typical value of $1,643,000, New Jersey's state transfer costs for the seller come to about $33,785: $17,355 Realty Transfer Fee and $16,430 Graduated Percent Fee, which sellers have paid since July 10, 2025. Commission, attorney fees and any repairs are on top.
How do I sell my house in Franklin Lakes for the best price?: Price it from recent Franklin Lakes sales rather than from hope, fix what buyers and inspectors will notice, stage the rooms that show first, and market it with professional photography and video to buyers looking in Bergen County. Slava builds that plan for each Franklin Lakes home individually.