House Prices

South Gate Franklin Lakes, NJ House Prices & Home Values 2026


Average Data

average house price$1,156,840
average size per house2980 ft²
average price per ft²351 $ / ft²

05/22/2026 - The value range (VR) for house prices in South Gate Franklin Lakes, NJ is $333.45/ sqft to $368.55/ sqft. An average home with 2980 sqft costs approximately $897,294 to $991,746. Franklin Lakes, NJ includes 1 ZIP codes and it is located in Bergen county. The lowest prices are found in ZIP 07417, while the highest are in ZIP 07417. The average price per sqare feet is $351. Our analysis is based on 9 property listings.

Avergage prices by ZIP codes South Gate Franklin Lakes

07417353 $ / ft²




Historical development of home values in South Gate Franklin Lakes

Year Estimated value (USD) Change vs. 2025
2010 $537,257 -53.6%
2011 $516,482 -55.4%
2012 $515,091 -55.5%
2013 $534,344 -53.8%
2014 $560,914 -51.5%
2015 $589,702 -49.0%
2016 $620,477 -46.4%
2017 $653,966 -43.5%
2018 $690,121 -40.3%
2019 $722,121 -37.6%
2020 $759,451 -34.4%
2021 $863,794 -25.3%
2022 $1,006,989 -13.0%
2023 $1,061,917 -8.2%
2024 $1,123,350 -2.9%
2025 $1,156,840 0.0%

Graph: estimated home values in South Gate Franklin Lakes over time (USD)



Example: 100% financing house in South Gate Franklin Lakes

Loan amount: $1,156,840

Interest rate: 5.42%

Fixed monthly payment: $6,509.02

Breakdown in the 1st month:
Interest portion: $5,223.13  –  Principal portion: $1,285.88

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $62,288.58 $15,819.62 $1,141,020.38
2 $61,409.87 $16,698.34 $1,124,322.04
3 $60,482.35 $17,625.86 $1,106,696.19
4 $59,503.30 $18,604.90 $1,088,091.28
5 $58,469.88 $19,638.33 $1,068,452.95
6 $57,379.05 $20,729.16 $1,047,723.80
7 $56,227.63 $21,880.58 $1,025,843.22
8 $55,012.25 $23,095.95 $1,002,747.27
9 $53,729.37 $24,378.84 $978,368.43
10 $52,375.22 $25,732.98 $952,635.45
11 $50,945.86 $27,162.34 $925,473.11
12 $49,437.11 $28,671.10 $896,802.01
13 $47,844.55 $30,263.66 $866,538.35
14 $46,163.52 $31,944.68 $834,593.67
15 $44,389.13 $33,719.08 $800,874.60
16 $42,516.17 $35,592.03 $765,282.56
17 $40,539.18 $37,569.02 $727,713.54
18 $38,452.38 $39,655.83 $688,057.71
19 $36,249.66 $41,858.55 $646,199.17
20 $33,924.59 $44,183.61 $602,015.55
21 $31,470.37 $46,637.83 $555,377.72
22 $28,879.83 $49,228.37 $506,149.35
23 $26,145.40 $51,962.81 $454,186.54
24 $23,259.08 $54,849.13 $399,337.42
25 $20,212.44 $57,895.77 $341,441.65
26 $16,996.57 $61,111.64 $280,330.01
27 $13,602.07 $64,506.14 $215,823.87
28 $10,019.01 $68,089.19 $147,734.68
29 $6,236.94 $71,871.26 $75,863.42
30 $2,244.79 $75,863.42 $0.00

Note: The calculation is based on a standard annuity mortgage with a fixed monthly payment over the entire term. Extra payments, interest rate changes, and additional purchase costs (e.g. taxes, notary fees) are not included.


How to sell in South Gate Franklin Lakes, NJ


1500 sqft3900 sqft
Ø selling price$575,270$1,223,756
Ø fast selling$522,973$1,101,380
Ø high price sale$627,567$1,346,132

In 2026, houses in South Gate Franklin Lakes, NJ will be offered at an average price of $351 per square foot. A 1,500 sqft home priced at $575,270 is 20.77% more expensive per square foot than a 3,900 sqft home priced at $1,223,756. Home prices in South Gate Franklin Lakes, NJ vary significantly depending on the property’s condition and exact location. For a quick sale, a 2,700 sqft home should be listed at around $847,216. Sellers who can wait longer may achieve a higher price of up to $1,035,486.


South Gate, Franklin Lakes, NJ

Neighborhood Overview

The South Gate neighborhood in Franklin Lakes, NJ offers quiet, tree-lined streets and an upscale suburban ambiance.
Buyers find spacious lots, manicured landscaping, and a refined mix of custom colonials and contemporary homes.
Its location blends privacy with convenience, placing residents near Route 208, I?287, and everyday essentials.

Outdoors and Recreation

Outdoor lovers enjoy quick access to the Franklin Lakes Nature Preserve, scenic lakes, and inviting walking and biking paths.
Local parks, playgrounds, and private clubs support an active lifestyle, seasonal events, and community connections.

Schools and Convenience

Families value strong schools in the Franklin Lakes Public Schools and the Ramapo Indian Hills regional high school district.
Nearby town centers provide boutique shopping, cafes, and services along Franklin Avenue and surrounding corridors.
Commuters appreciate NJ Transit bus links and regional park?and?ride options for trips to northern New Jersey and New York City.

Real Estate and Lifestyle

High curb appeal, pride of ownership, and thoughtful planning help sustain real estate value and neighborhood cohesion.
For those seeking luxury, nature, and an easy commute, South Gate in Franklin Lakes delivers a polished, well-connected lifestyle.



FAQ – Home Values in South Gate Franklin Lakes

What is the median home value in South Gate Franklin Lakes in 2026?

In 2026, the typical home value in South Gate Franklin Lakes is about $1,156,840 for an average home size of 2980 square feet. This corresponds to an average price of roughly $351 per square foot.

What is the average cost per square foot in South Gate Franklin Lakes?

In 2026, homes in South Gate Franklin Lakes sell for an average of around $351 per square foot, with a typical range between $333.45 and $368.55 per square foot, depending on the property’s location, condition, and lot size.

What is the average home size in South Gate?

The average home size in South Gate Franklin Lakes is about 2980 square feet, with an estimated 2026 value around $1,156,840.



Neighborhoods close to South Gate Franklin Lakes, NJ

Wanaque Reserve Haskell, NJ222 $ / ft²
Upper Greenwood Lake Hewitt, NJ157 $ / ft²
Barry Lakes Highland Lakes, NJ212 $ / ft²
Radburn Fair Lawn, NJ291 $ / ft²
Dundee Lake Elmwood Park, NJ276 $ / ft²
Glen Wild Lake Bloomingdale, NJ260 $ / ft²
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