$1,915,768Average Value$501Average Price per Sq Ft26Homes For Sale
Serene street and more than a few mansions
Home to an estimated 10,000 people, northern New Jersey’s Franklin Lakes is a residential area known for its quiet streets, expansive housing lots and oversized homes. No highways run through Franklin Lakes. Instead, residents travel along winding country roads. "Typically, what drives people to Franklin Lakes is more land. Those who want to have a luxury property," says Maryanne Elsaesser, a broker associate and Team Lead of The Home Navigators Team at Compass.
Neighborhoods with large homes and front lawns are common in Franklin Lakes
Franklin Lakes is around an hour from New York City.
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Large estates with lots of luxuries
People in Franklin Lakes like to live large. Homes measuring 7,000 square feet on sprawling estates outfitted with elaborate outdoor patios, tennis courts and swimming pools are common. Prices for colonials and millennium mansions that incorporate a variety of architectural styles start at about $1.3 million and can soar to $7 million and higher. Grand estates include elements such as marble foyers, bridal staircases, cathedral ceilings, columns and detailed woodwork. Some buyers opt to purchase large plots of land for custom builds.
Live lavish in a large estate in the Franklin Lakes neighborhood.
Large custom colonial home in Franklin Lakes.
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A break on taxes
Franklin Lakes residents find a little relief in property taxes. "The taxes are very reasonable when you compare them to other boroughs and counties in New Jersey, thanks to Franklin Lakes being the site of several Fortune 500 Company headquarters, which offsets property taxes," says Adam DeFino, the broker of record at DeFino Realtors.
Franklin Lakes is home to a variety of fortune 500 and other business complexes.
There are a variety of corporate buildings in Franklin Lakes.
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Strong schools with small class size
High Mountain Road Elementary School, which gets a B+ rating from Niche, enrolls approximately 275 students and has a student-teacher ratio of 10 to one. The B-rated Franklin Avenue Middle School emphasizes critical thinking skills and the development of the whole child. Ramapo Indian Hills Regional High School offers an aviation program and college-level classes. Niche gives it an A rating. The Catholic school Academy of the Most Blessed Sacrament enrolls about 100 prekindergarten through 8th grade students, and has an eight-to-one student ratio.
High Mountain Road School is in Franklin Lakes, NJ.
Franklin Avenue Middle School serves grades 6-8th.
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Rustic and refined recreation options
The serene Franklin Lakes Nature Preserve contains walking and hiking trails and a 75-acre lake where visitors can fish and boat from April to November. Parsons Pond Park features open green space, ponds and streams, ballfields and walking paths through natural wooded areas. Residents can join the Indian Trail Club, a private country club with a full-scale restaurant, tennis club, pool and lake. In colder months, the Campgaw Mountain Ski Area, a destination for skiers, snowboarders and snow tubers, can be reached in 10 minutes by car.
Hiking trails wind through the forest at The Franklin Lakes Nature Preserve.
Practice your batting at the ball field at Parson's Pond Park.
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A central street meets most needs
The main drag of the neighborhood is Franklin Avenue. Roast’d is a popular spot for coffee; Pazza serves Italian comfort food, and Five13 Liquor Lounge specializes in creative cocktails and elevated appetizers. Locals grab groceries at the Stop & Shop and fresh produce, baked goods and locally-made specialty items at Abma’s Farm in nearby Wyckoff.
Shop all throughout Franklin Lakes with local shopping centers.
The main thoroughfare of Franklin Lakes is a great place to get your shopping and dining in.
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Easy access to major thoroughfares
Roadways serving the area include New Jersey State Route 208 and Interstate 287. Midtown Manhattan can be reached in about an hour.
Residents of Franklin Lakes have access to highways to get in and out of town with ease.
Residents of Franklin Lakes have access to major highways for travel.
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Written By
Tina Davis
Photography Contributed By
Brendan Rogers
Video By
Syd Silberman
Interested in learning more about homes in this area?
Reach out to
Linda DeSantis,
an experienced agent in this area.
Agents Specializing in this Area
Vicki Gaily
Responds Quickly
Special Properties, Division Brook Hollow Group, Inc.
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On average, homes in Franklin Lakes, NJ sell after 58 days on the market compared to the national average of 53 days. The median sale price for homes in Franklin Lakes, NJ over the last 12 months is $1,750,888, up 30% from the median home sale price over the previous 12 months.
Set back from the street at the center of 3+ private acres, this Franklin Lakes estate blends natural elegance with modern comfort. The 5-bedroom, 3-bath residence features a dramatic great room with 17-foot ceilings and a screened porch, where soft breezes and birdsong create a setting that feels timeless. In the rear of the property, the detached barn-style garage with an additional two garage
Maryanne ElsaesserCompass New Jersey, LLC-Ridgewood
Spectacular brand new construction at the end of a cul-de-sac in Prestigious Highwoods Gate. This exquisite home offers 5 bedrooms and 7.1 bathrooms spanning across 9,900+ total sf. This open-concept masterpiece seamlessly connects each living space, offering refined luxury and timeless design. The grand 2 story foyer with a stunning bridal stair sets the tone, flanked by elegant living and
Dawn BraithwaiteKeller Williams Village Square Realty
Bergen County New Construction! Move in for the New Year! Discover modern living in this beautifully designed new construction townhome, spanning two thoughtfully crafted levels. The main floor features a spacious Great Room with a cozy corner fireplace perfect for relaxing or entertaining guests. It flows effortlessly into the gourmet kitchen and sunlit breakfast room, creating a warm,
Live the Franklin Lakes lifestyle youâ€TMve always imagined in this reimagined Mountain Shadows townhome. Perfectly positioned end unit at 1 Bentley Drive, this home was completely gutted and rebuilt with no expense spared. Two primary suites one on the first floor and one above create flexibility for multigenerational living. Experience sleek stone surfaces, luxury flooring, and modern
Exquisite New Construction Estate Located on 2+ Private Acres – Surrounded by Upscale Homes, A Rare Hidden Gem! There is Still Time to Customize. Anticipated Completion Spring 2026.
A GORGEOUS NEW CONSTRUCTION HOME IS SET TO BE BUILT ON ONE OF THE MOST PRESTIGIOUS STREETS IN FRANKLIN LAKES. THIS OVERSIZED LOT OFFERS THE PERFECT OPPORTUNITY TO CREATE YOUR DREAM HOME.
Experience beautiful Colonial Pointe Franklin Lakes, Bergen County, New Jersey’s newest luxury apartment community by Franklin Lakes Realty, LLC. Nestled in a serene, wooded setting on Colonial Road, just off Franklin Avenue, this pet-friendly community offers one- to two-bedroom apartments with luxury features and modern technology. Onsite amenities include a Residents’ Lounge, state-of-the-art
This spacious and well-maintained 4-bedroom, 4-bathroom home offers over 3,000 sq ft of living space in the heart of Franklin Lakes. The first floor features a welcoming family room with a fireplace and built-in bar, a versatile bonus room, full bathroom, laundry room, and an attached 2-car garage. Upstairs, enjoy an open-concept living room and kitchen with access to the deck—ideal for
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Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. Our sources include: Accuweather, Public Records and Neustar. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
