Franklin, NJ Real Estate & Property Data

Franklin Real Estate Market Trends
Last Updated: April 22, 2025

Accurate and comprehensive real estate data is critical for insight into Franklin, NJ 07416. ATTOM’s Franklin real estate data is updated daily, and current market trends show that in Franklin, NJ a total of 93 residential properties have sold over the past year. With a median home price of $400,950 in Franklin and a total of 3 foreclosures. Get detailed property data for Franklin, NJ instantly. ATTOM is your one-stop-shop for the Franklin property reports and real estate data you need in Franklin, NJ.

Franklin Real Estate Market Trends
Total Residential Properties 1,702
Total Commercial Properties 161
Avg. Home Age (Single Family Home) 77 Years
Avg. Square Feet (Single Family Home) 1,679
Total 2025 Residential Sales (year-to-date) 13
% of Homes Seriously Underwater (Q2 2025) 0.3%
Total 2024 Residential Sales 85
% of Equity Rich Homes (Q2 2025) 50.65%
Effective 2024 Property Tax 1.87%
Total Foreclosure Filings (year-to-date) 4
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Franklin, NJ 07416 Real Estate Overview

There were 93 residential properties sold in the past year in Franklin, NJ 07416. The median home value in Franklin, NJ 07416 is $378,050. There are a total of 1,702 residential properties in the 07416.

Median Sales Price i
$400,950
(Feb 2025)
+18.8%
year-over-year
y-o-y
  • February '25 Feb '25 $400,950
  • January '25 Jan '25 $420,909
  • December '24 Dec '24 $360,000
  • November '24 Nov '24 $377,500
  • October '24 Oct '24 $335,000
  • September '24 Sep '24 $400,000
  • August '24 Aug '24 $420,000
  • July '24 Jul '24 $420,000
  • June '24 Jun '24 $370,000
  • May '24 May '24 $344,500
  • April '24 Apr '24 $412,500
  • March '24 Mar '24 $269,250
Median Down Payment i
$28,758
(Feb 2025)
+238.3%
year-over-year
y-o-y
  • February '25 Feb '25 $28,758
  • January '25 Jan '25 $22,602
  • December '24 Dec '24 $13,350
  • November '24 Nov '24 $80,000
  • October '24 Oct '24 $35,000
  • September '24 Sep '24 $17,286
  • August '24 Aug '24 $90,000
  • July '24 Jul '24 $27,755
  • June '24 Jun '24 N/A
  • May '24 May '24 $58,750
  • April '24 Apr '24 $103,126
  • March '24 Mar '24 $150,000
Number of Homes Sold i
6
(Feb 2025)
+50%
year-over-year
y-o-y
  • February '25 Feb '25 6
  • January '25 Jan '25 7
  • December '24 Dec '24 6
  • November '24 Nov '24 8
  • October '24 Oct '24 10
  • September '24 Sep '24 10
  • August '24 Aug '24 6
  • July '24 Jul '24 12
  • June '24 Jun '24 2
  • May '24 May '24 9
  • April '24 Apr '24 10
  • March '24 Mar '24 3
Number of Purchase Loans i
3
(Feb 2025)
-50%
year-over-year
y-o-y
  • February '25 Feb '25 3
  • January '25 Jan '25 5
  • December '24 Dec '24 6
  • November '24 Nov '24 4
  • October '24 Oct '24 7
  • September '24 Sep '24 11
  • August '24 Aug '24 6
  • July '24 Jul '24 11
  • June '24 Jun '24 1
  • May '24 May '24 4
  • April '24 Apr '24 12
  • March '24 Mar '24 3
Number of REFI Loans i
2
(Feb 2025)
-66.7%
year-over-year
y-o-y
  • February '25 Feb '25 2
  • January '25 Jan '25 7
  • December '24 Dec '24 4
  • November '24 Nov '24 2
  • October '24 Oct '24 7
  • September '24 Sep '24 4
  • August '24 Aug '24 5
  • July '24 Jul '24 4
  • June '24 Jun '24 3
  • May '24 May '24 6
  • April '24 Apr '24 6
  • March '24 Mar '24 2
Number of HELOC Loans i
  • February '25 Feb '25 N/A
  • January '25 Jan '25 3
  • December '24 Dec '24 3
  • November '24 Nov '24 1
  • October '24 Oct '24 2
  • September '24 Sep '24 1
  • August '24 Aug '24 2
  • July '24 Jul '24 1
  • June '24 Jun '24 N/A
  • May '24 May '24 1
  • April '24 Apr '24 4
  • March '24 Mar '24 4

Franklin, NJ 07416 Foreclosure Activity

There were a total of 3 Franklin, NJ 07416 properties with a foreclosure filing in February 2025.

Total Foreclosure Filings i
3
(Feb 2025)
+50%
year-over-year
y-o-y
  • February '25 Feb '25 3
  • January '25 Jan '25 1
  • December '24 Dec '24 3
  • November '24 Nov '24 N/A
  • October '24 Oct '24 3
  • September '24 Sep '24 6
  • August '24 Aug '24 4
  • July '24 Jul '24 5
  • June '24 Jun '24 9
  • May '24 May '24 3
  • April '24 Apr '24 3
  • March '24 Mar '24 6
Foreclosure Starts i
3
(Feb 2025)
+200%
year-over-year
y-o-y
  • February '25 Feb '25 3
  • January '25 Jan '25 N/A
  • December '24 Dec '24 N/A
  • November '24 Nov '24 N/A
  • October '24 Oct '24 1
  • September '24 Sep '24 2
  • August '24 Aug '24 1
  • July '24 Jul '24 3
  • June '24 Jun '24 N/A
  • May '24 May '24 1
  • April '24 Apr '24 2
  • March '24 Mar '24 4
Completed Foreclosures (REOs) i
  • February '25 Feb '25 N/A
  • January '25 Jan '25 N/A
  • December '24 Dec '24 N/A
  • November '24 Nov '24 N/A
  • October '24 Oct '24 N/A
  • September '24 Sep '24 1
  • August '24 Aug '24 N/A
  • July '24 Jul '24 N/A
  • June '24 Jun '24 N/A
  • May '24 May '24 N/A
  • April '24 Apr '24 N/A
  • March '24 Mar '24 N/A
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