Buildocrat US Land Value Book

Land and home values in Franklin Lakes, NJ

Franklin Lakes is a borough in Bergen County, New Jersey, home to about 11,084 people. Residential land runs about $47.00 per sq ft, the typical home is worth about $1.55M, and a 2-bedroom rents for about $2,880 a month, as of October 12, 2026.

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Values in Franklin Lakes

Land: residential$47.00per sq ft
Land: residential$2.05Mper acre
Land: quarter-acre lot$511,83010,890 sq ft
Home: typical (median)$1.55Mvalue
Home: entry-level$939,000lower quartile
Home: upper-end$1.55Mupper quartile
Build new$179per sq ft, no land
Rent: 1-bedroom$2,530per month
Rent: 2-bedroom$2,880per month
Rent: 3-bedroom$3,540per month
Rent: 4-bedroom$4,520per month
Gross yield, 2-bed2.2%a year

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Questions people ask

How much is land worth in Franklin Lakes, NJ?

Residential land in Franklin Lakes, NJ is about $47.00 per square foot, or $2.05M an acre, as of October 2026. A quarter-acre lot (10,890 sq ft) is about $511,830. Smaller lots sell for more per square foot and large tracts for less.

What is the typical home value in Franklin Lakes, NJ?

The typical (median) home in Franklin Lakes, NJ is worth about $1.55M, with entry-level homes around $939,000 and upper-end homes around $1.55M, as of October 2026.

How much is rent in Franklin Lakes, NJ?

A 2-bedroom rents for about $2,880 a month in Franklin Lakes, NJ, a 1-bedroom about $2,530 and a 3-bedroom about $3,540 (gross rent including utilities, HUD Fair Market Rent basis).

Is this an appraisal?

No. Indicative values for screening, budgeting and negotiation, not an appraisal. For lending, a tax appeal or legal use, hire a state-licensed or certified appraiser.

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