Why Live in Franklin
Franklin, known as the "Florescent Mineral Capital of the World," is a semi-rural neighborhood with a population of around 5,000. Located less than 90 minutes from New York City, it offers a quieter lifestyle with less traffic and more nature. The area is home to the Franklin Mineral Museum and The Sterling Hill Mining Museum, both showcasing the town's unique glowing rocks. Housing options include historic ranch-style homes, split levels, and colonials from the 1980s, often set on expansive lots with mature trees. The median home price is approximately $335,000. State Route 23 is the main thoroughfare, facilitating commutes and errands, with amenities like ShopRite, Walmart, and various dining options including The Quarry Grill, known for its traditional American fare. Franklin Boro Park provides outdoor activities such as fishing, boating, and kayaking on Franklin Pond, while Black Bear Golf Club and Wallkill Country Club offer golfing opportunities. The neighborhood's layout features elongated streets with nature-themed names, and owning a car is essential due to its rural setting.
Home Trends in Franklin, NJ
On average, homes in Franklin, NJ sell after 40 days on the market compared to the national average of 50 days. The median sale price for homes in Franklin, NJ over the last 12 months is $369,500, up 12% from the median home sale price over the previous 12 months.
Median Sale Price
$369,500
Median Single Family Sale Price
$390,000
Median 2 Bedroom Sale Price
$310,000
Average Price Per Sq Ft
$274
Number of Homes for Sale
7
Last 12 months Home Sales
74
Median List Price
$370,000
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
12%