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Foreclosure Homes in Franklin Lakes, NJ

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4 Crystal-lake-ter-Franklin-lakes-NJ-07417
Foreclosure
$570,164 EMV

4 Bed | 2 Bath | 1,650 Sq. Ft.

Summit-ave-Franklin-lakes-NJ-07417
Preforeclosure
$618,715 EMV

| 1,910 Sq. Ft.

Bentley-dr-#-7-c-Franklin-lakes-NJ-07417
Preforeclosure

| 2,035 Sq. Ft.

Pulis-ave-Franklin-lakes-NJ-07417
Preforeclosure
$755,776 EMV

| 2,677 Sq. Ft.

Franklin-ave-Franklin-lakes-NJ-07417
Preforeclosure
$431,290 EMV

| 1,278 Sq. Ft.

Phelps-rd-Franklin-lakes-NJ-07417
Preforeclosure
$1,444,912 EMV

| 5,633 Sq. Ft.

Devonshire-dr-Franklin-lakes-NJ-07417
Preforeclosure
$1,336,625 EMV
High-mountain-rd-Franklin-lakes-NJ-07417
Preforeclosure
$1,032,234 EMV

| 3,226 Sq. Ft.

Mountain-ave-Franklin-lakes-NJ-07417
Preforeclosure
$926,415 EMV

| 4,065 Sq. Ft.

Old-mill-rd-Franklin-lakes-NJ-07417
Preforeclosure
$1,588,950 EMV

| 6,232 Sq. Ft.

Displaying 1 - 10 of 35

Home Value Estimator For Franklin Lakes, NJ

There are currently 3,478 real estate properties in Franklin Lakes, NJ, with a median automated valuation model (AVM) price of $1,026,400.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Franklin Lakes, NJ, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Franklin Lakes, NJ, is $1,141,762.00, with the most expensive house in Franklin Lakes, NJ, topping out at $12,032,200.00 and the cheapest home in Franklin Lakes, NJ, clocking in at $323,400.00. In other words, there’s something for every potential homebuyer or savvy investor in Franklin Lakes, NJ!


Rent Prices In Franklin Lakes, NJ

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Franklin Lakes, NJ, is on a rollercoaster ride. The average rent price in Franklin Lakes, NJ, is $3,725.00. Indeed, when looking to rent in Franklin Lakes, NJ, you can expect to pay as little as $1,150.00 or as much as $6,040.00, with the average rent median estimated to be $3,750.00. The good news is that finding an affordable and desirable property to rent in Franklin Lakes, NJ -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.


Foreclosure Homes in Franklin Lakes, NJ

Find the best foreclosure homes listings for sale — bank-owned, government (Fannie Mae, Freddie Mac, HUD, etc.) and others — in and near the Franklin Lakes, NJ area at Foreclosure.com. Get information on foreclosure homes for rent, how to buy foreclosures in Franklin Lakes, NJ and much more. Save thousands at closing with home foreclosure listings in Franklin Lakes, NJ — up to 75% off market value!


Top Reasons To Live In Franklin Lakes, NJ In 2022

Franklin Lakes is located in Bergen, New Jersey, with an estimated municipal population of 11,119 residents. All of the best foreclosed homes for sale in Franklin Lakes are located in the following zip code areas on Foreclosure.com: 07417. The estimated population per square kilometer (.62 miles) in Franklin Lakes is 456.


Cost Of Living In Franklin Lakes, NJ

So, about how much do homes cost in Franklin Lakes? The most recent median value of resident-owned homes in Franklin Lakes is 946,839. An estimated 89.3 percent of households in Franklin Lakes own their homes, with an average family size of 3.14. The median household income in Franklin Lakes is 172,766, with74.9 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Franklin Lakes, the median commute time of resident workers (in minutes) is 34.1. And last, but certainly not least, are you looking for homes to rent in Franklin Lakes? If so, the average rent price paid by renters in Franklin Lakes is 2,642, according to recent statistics.


Diversity And Demographics In Franklin Lakes, New Jersey

Where a home is located is almost just as important as the home itself. Whether you are a first-time homebuyer or are relocating to Franklin Lakes, it is essential to take a deep dive into your potential future neighborhood. Homeownership is often a long-term relationship; therefore, be sure to do your due diligence to ensure that you make the best long-term decision.

The median age of residents in Franklin Lakes is 48.3, split between 50.1 percent male versus 49.9 female. The percentage of residents who report being married in Franklin Lakes is 67, with an average family size of 3.14.

The percentage of residents who report their race in Franklin Lakes is as follows:

White 87.6%
Black / African American 2.6%
Asian 6.2%
American Indian / Alaskan Native 0%
Native Hawaiian / Other Pacifc Islander 0.4%
Multi-racial 1.3%
Other 1.8%

Looking for family-friendly neighborhoods in and/or near Franklin Lakes? Or maybe you are searching for 55+ active adult communities in and/or near Franklin Lakes?

The percentage of residents who report their age in Franklin Lakes is as follows:

Under 10 9.9%
Aged 10-19 14.2%
20s 9.3%
30s 8.1%
40s 11.8%
50s 17%
60s 14.1%
70s 10.8%
80+ 4.8%

Best Schools In Franklin Lakes, New Jersey

It was a rollercoaster ride for academics in 2020, with school districts throughout the nation transferring their classes online because of the global pandemic. Numerous school districts will continue online courses, while others will welcome students back to campus. Regardless, homebuyers are shopping for homes in Franklin Lakes with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Franklin Lakes.


Pros And Cons Of Living In Franklin Lakes, New Jersey

How do you know that living in -- or moving to -- Franklin Lakes is right where you need to be? Perhaps you grew up in Franklin Lakes or already live nearby; therefore, the decision to buy a home in Franklin Lakes is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Franklin Lakes for work or just looking for a fresh start, getting a read on a neighborhood from afar (online) can be tricky... and exhausting.

Here are some questions to ask yourself when shopping for foreclosed homes for sale in Franklin Lakes:

  • What type of neighborhood environment (suburban, urban, rural, etc.) do you prefer?
  • What types of shopping (mom and pop, mall, big box), restaurants (fast food, chain, local) and businesses (small, big, mixed) would you like nearby?
  • What leisure-time activities (golf, biking, hiking, etc.) do you enjoy?
  • What type of commute (car, plane, home office) do you seek?

In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Franklin Lakes.


Reasons To Move To Franklin Lakes, New Jersey, In 2022

Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Franklin Lakes can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Franklin Lakes, meanwhile, can field multiple offers from more qualified buyers.

Franklin Lakes, NJ Foreclosures


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