House Prices

The Reserve at Franklin Lakes Franklin Lakes, NJ House Prices & Home Values 2026


Average Data

average house price$1,247,798
average size per house3215 ft²
average price per ft²379 $ / ft²

05/22/2026 - The value range (VR) for house prices in The Reserve at Franklin Lakes Franklin Lakes, NJ is $360.05/ sqft to $397.95/ sqft. An average home with 3215 sqft costs approximately $1,127,465 to $1,246,145. 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 $379. Our analysis is based on 9 property listings.

Avergage prices by ZIP codes The Reserve at Franklin Lakes Franklin Lakes

07417380 $ / ft²




Historical development of home values in The Reserve at Franklin Lakes Franklin Lakes

Year Estimated value (USD) Change vs. 2025
2010 $579,500 -53.6%
2011 $557,091 -55.4%
2012 $555,591 -55.5%
2013 $576,357 -53.8%
2014 $605,016 -51.5%
2015 $636,068 -49.0%
2016 $669,262 -46.4%
2017 $705,385 -43.5%
2018 $744,383 -40.3%
2019 $778,898 -37.6%
2020 $819,164 -34.4%
2021 $931,710 -25.3%
2022 $1,086,165 -13.0%
2023 $1,145,411 -8.2%
2024 $1,211,675 -2.9%
2025 $1,247,798 0.0%

Graph: estimated home values in The Reserve at Franklin Lakes Franklin Lakes over time (USD)



Example: 100% financing house in The Reserve at Franklin Lakes Franklin Lakes

Loan amount: $1,247,798

Interest rate: 5.84%

Fixed monthly payment: $7,356.49

Breakdown in the 1st month:
Interest portion: $6,076.78  –  Principal portion: $1,279.72

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $72,503.24 $15,774.67 $1,232,023.33
2 $71,556.27 $16,721.64 $1,215,301.68
3 $70,552.45 $17,725.46 $1,197,576.22
4 $69,488.37 $18,789.54 $1,178,786.68
5 $68,360.42 $19,917.49 $1,158,869.19
6 $67,164.75 $21,113.16 $1,137,756.03
7 $65,897.31 $22,380.60 $1,115,375.42
8 $64,553.78 $23,724.14 $1,091,651.29
9 $63,129.59 $25,148.32 $1,066,502.97
10 $61,619.91 $26,658.00 $1,039,844.97
11 $60,019.61 $28,258.30 $1,011,586.67
12 $58,323.23 $29,954.68 $981,631.99
13 $56,525.02 $31,752.89 $949,879.10
14 $54,618.87 $33,659.05 $916,220.05
15 $52,598.28 $35,679.63 $880,540.42
16 $50,456.40 $37,821.52 $842,718.90
17 $48,185.93 $40,091.98 $802,626.92
18 $45,779.17 $42,498.74 $760,128.18
19 $43,227.93 $45,049.98 $715,078.20
20 $40,523.53 $47,754.38 $667,323.82
21 $37,656.79 $50,621.12 $616,702.69
22 $34,617.95 $53,659.96 $563,042.73
23 $31,396.69 $56,881.22 $506,161.51
24 $27,982.05 $60,295.86 $445,865.65
25 $24,362.43 $63,915.48 $381,950.17
26 $20,525.52 $67,752.39 $314,197.78
27 $16,458.28 $71,819.64 $242,378.14
28 $12,146.87 $76,131.04 $166,247.10
29 $7,576.65 $80,701.26 $85,545.84
30 $2,732.07 $85,545.84 $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 The Reserve at Franklin Lakes Franklin Lakes, NJ


1500 sqft3900 sqft
Ø selling price$670,000$1,425,273
Ø fast selling$609,091$1,282,746
Ø high price sale$730,910$1,567,800

In 2026, houses in The Reserve at Franklin Lakes Franklin Lakes, NJ will be offered at an average price of $379 per square foot. A 1,500 sqft home priced at $670,000 is 22.40% more expensive per square foot than a 3,900 sqft home priced at $1,425,273. Home prices in The Reserve at Franklin Lakes 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 $986,728. Sellers who can wait longer may achieve a higher price of up to $1,206,000.

FAQ – Home Values in The Reserve at Franklin Lakes Franklin Lakes

What is the median home value in The Reserve at Franklin Lakes Franklin Lakes in 2026?

In 2026, the typical home value in The Reserve at Franklin Lakes Franklin Lakes is about $1,247,798 for an average home size of 3215 square feet. This corresponds to an average price of roughly $379 per square foot.

What is the average cost per square foot in The Reserve at Franklin Lakes Franklin Lakes?

In 2026, homes in The Reserve at Franklin Lakes Franklin Lakes sell for an average of around $379 per square foot, with a typical range between $360.05 and $397.95 per square foot, depending on the property’s location, condition, and lot size.

What is the average home size in The Reserve at Franklin Lakes?

The average home size in The Reserve at Franklin Lakes Franklin Lakes is about 3215 square feet, with an estimated 2026 value around $1,247,798.



Neighborhoods close to The Reserve at Franklin Lakes 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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