House Prices

House Prices & Home Values Franklin Park, NJ 2026


Average Data

average house price$497,400
average size per house2319 ft²
average price per ft²215 $ / ft²

04/16/2026 - The value range (VR) for house prices in Franklin Park, NJ is $205/ sqft to $205/ sqft. An average home with 2319 sqft costs approximately $475,395 to $475,395. Franklin Park, NJ includes 1 ZIP codes and it is located in Somerset county. The lowest prices are found in ZIP 08823, while the highest are in ZIP 08823. The average price per sqare feet is $215. Our analysis is based on 108 property listings.

Avergage prices by ZIP codes Franklin Park

08823193 $ / ft²


House prices by neighborhoods in Franklin Park

Beacon Hill223 $ / ft²
Cedar Manor204 $ / ft²
Crown Pointe197 $ / ft²
Green Hill Manor215 $ / ft²
Kingsley Square195 $ / ft²
Sterling Pointe202 $ / ft²
Village Gate188 $ / ft²
Wynnefield212 $ / ft²




Historical development of home values in Franklin Park

Year Estimated value (USD) Change vs. 2025
2010 $231,002 -53.6%
2011 $222,069 -55.4%
2012 $221,471 -55.5%
2013 $229,749 -53.8%
2014 $241,173 -51.5%
2015 $253,551 -49.0%
2016 $266,783 -46.4%
2017 $281,182 -43.5%
2018 $296,727 -40.3%
2019 $310,486 -37.6%
2020 $326,537 -34.4%
2021 $371,400 -25.3%
2022 $432,970 -13.0%
2023 $456,586 -8.2%
2024 $483,001 -2.9%
2025 $497,400 0.0%

Graph: estimated home values in Franklin Park over time (USD)



Example: 100% financing house in Franklin Park

Loan amount: $497,400

Interest rate: 6.00%

Fixed monthly payment: $2,982.16

Breakdown in the 1st month:
Interest portion: $2,487.00  –  Principal portion: $495.16

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $29,677.84 $6,108.13 $491,291.87
2 $29,301.11 $6,484.87 $484,807.00
3 $28,901.13 $6,884.84 $477,922.16
4 $28,476.49 $7,309.48 $470,612.68
5 $28,025.66 $7,760.31 $462,852.37
6 $27,547.02 $8,238.95 $454,613.42
7 $27,038.86 $8,747.11 $445,866.31
8 $26,499.36 $9,286.62 $436,579.69
9 $25,926.58 $9,859.39 $426,720.30
10 $25,318.47 $10,467.50 $416,252.80
11 $24,672.86 $11,113.11 $405,139.68
12 $23,987.43 $11,798.54 $393,341.14
13 $23,259.72 $12,526.25 $380,814.89
14 $22,487.13 $13,298.84 $367,516.04
15 $21,666.88 $14,119.09 $353,396.95
16 $20,796.05 $14,989.92 $338,407.03
17 $19,871.50 $15,914.47 $322,492.56
18 $18,889.93 $16,896.04 $305,596.52
19 $17,847.82 $17,938.15 $287,658.37
20 $16,741.44 $19,044.53 $268,613.84
21 $15,566.81 $20,219.16 $248,394.68
22 $14,319.74 $21,466.23 $226,928.44
23 $12,995.75 $22,790.22 $204,138.22
24 $11,590.10 $24,195.88 $179,942.35
25 $10,097.75 $25,688.22 $154,254.12
26 $8,513.35 $27,272.62 $126,981.50
27 $6,831.24 $28,954.73 $98,026.77
28 $5,045.37 $30,740.60 $67,286.17
29 $3,149.36 $32,636.61 $34,649.56
30 $1,136.41 $34,649.56 $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 Franklin Park, NJ


1500 sqft3900 sqft
Ø selling price$390,226$830,116
Ø fast selling$354,750$747,104
Ø high price sale$425,701$913,127

In 2026, houses in Franklin Park, NJ will be offered at an average price of $215 per square foot. A 1,500 sqft home priced at $390,226 is 21.57% more expensive per square foot than a 3,900 sqft home priced at $830,116. Home prices in Franklin Park, NJ vary significantly depending on the neighborhood and location. For a quick sale, a 2,700 sqft home should be listed at around $574,695. Sellers who can wait longer may achieve a higher price of up to $702,405.


Discover Franklin Park, NJ

Nestled along Route 27, Franklin Park, NJ is a vibrant unincorporated community spanning parts of Franklin Township, South Brunswick, and North Brunswick.
Its central location in Somerset and Middlesex counties makes living in Franklin Park New Jersey convenient for commuters and families alike.

Location & Access

Residents enjoy quick access to US-1, NJ-130, I-287, and the New Jersey Turnpike, plus NJ Transit bus service along the Route 27 corridor.
Major job centers and universities, including New Brunswick, Rutgers University, and Princeton, are a short drive away.

Nearby train stations in New Brunswick and Princeton Junction simplify regional and NYC commuting.

Lifestyle & Amenities

Local dining, international groceries, and everyday retail line Route 27, offering plenty of things to do in Franklin Park, NJ after work or on weekends.
Recreation options include the Delaware & Raritan Canal State Park Trail, nearby Colonial Park, and community sports fields and playgrounds.

The area?s diverse community hosts cultural events and township programs that foster a welcoming, neighborly vibe.

Housing & Schools

From townhomes and apartments to single-family houses, Franklin Park NJ real estate offers a range of homes for sale and rent at varied price points.
Depending on your address, students typically attend either Franklin Township Public Schools or South Brunswick Public Schools, both known for strong academics and extracurriculars.



FAQ – Home Values in Franklin Park

What is the median home value in Franklin Park in 2026?

In 2026, the typical home value in Franklin Park is about $497,400 for an average home size of 2319 square feet. This corresponds to an average price of roughly $215 per square foot.

What is the average cost per square foot in Franklin Park?

In 2026, homes in Franklin Park sell for an average of around $215 per square foot, with a typical range between $205 and $205 per square foot, depending on the property’s location, condition, and lot size.

What is the average home size in ?

The average home size in Franklin Park is about 2319 square feet, with an estimated 2026 value around $497,400.



Locations close to Franklin Park, NJ

Kendall Park, NJ258 $ / ft²
Frenchtown, NJ206 $ / ft²
Glen Gardner, NJ152 $ / ft²
Flemington, NJ254 $ / ft²
Flagtown, NJ220 $ / ft²
Edison, NJ145 $ / ft²
  imprint  Privacy