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Homes in Franklin Lakes, NJ

Franklin Lakes

Homes in Mahwah, NJ

Mahwah

By Slava Zborovsky · Updated

Franklin Lakes vs Mahwah

Homes cost more in Franklin Lakes: a typical value of $1.64M against $723K in Mahwah, about 127% higher.

  • Mahwah has the lower average property tax bill: $10,236 against $20,718 in Franklin Lakes (2025).
  • Mahwah has the higher-ranked high school option in U.S. News (#80 in New Jersey against #115 for Franklin Lakes).
  • By train, Franklin Lakes is the quicker commute to New York Penn (55 minutes at the fastest, against 70).
  • Values rose faster in Franklin Lakes over the past year (12.7% against 5.6%).

Franklin Lakes and Mahwah, side by side

Franklin Lakes

Mahwah

Typical home value (Zillow)
$1,643,000source$723,000source
Change in home value, past year
12.7%5.6%
Average property tax bill (2025)
$20,718source$10,236source
Effective tax rate (2025)
1.4%source1.563%source
High school
Ramapo HSMahwah HS
Best high school option, NJ rank (U.S. News)
#115source#80source
Niche grade
AsourceAsource
Train to NY Penn (AM peak)
55-63 minutes from Waldwicksource70-77 minutessource
Own train station
NoYes
Road miles to the GW Bridge
18.520.9
Population
11,08425,491
Land area (sq mi)
9.41425.392
Median household income
$235,795$131,327
Owner-occupied homes
88.9%81.1%
NJ seller transfer costs at the typical value
$33,785$6,489

Bold marks the lower cost, higher-ranked school or shorter trip. Sources: Zillow Home Value Index (2026-08-31); NJ Treasury 2025 tax rates and average residential bills; U.S. News and Niche school rankings; NJ Transit timetables; U.S. Census ACS 2020-2024. Road miles calculated.

Full town guide

Franklin Lakes

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

Full town guide

Mahwah

Bergen's largest township by land, from mountain-side estates to new communities.

Franklin Lakes vs Mahwah: questions

Is Franklin Lakes or Mahwah more expensive?
Homes cost more in Franklin Lakes: a typical value of $1.64M against $723K in Mahwah, about 127% higher.
Which has lower property taxes, Franklin Lakes or Mahwah?
Mahwah has the lower average property tax bill: $10,236 against $20,718 in Franklin Lakes (2025).
Which has better schools, Franklin Lakes or Mahwah?
Mahwah has the higher-ranked high school option in U.S. News (#80 in New Jersey against #115 for Franklin Lakes).

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