The Crown Jewel of Suburban Living

Franklin Lakes stands out as one of Northern New Jersey’s most prestigious and desirable communities, known for its spacious properties, natural beauty, and quiet, upscale atmosphere. Tucked into Bergen County, this township offers a rare blend of privacy and accessibility, attracting buyers who value room to breathe without losing proximity to New York City. Homes for sale in Franklin Lakes often reflect this lifestyle, with large lots, mature landscaping, and a strong sense of long-term community pride.

Single-family homes in Franklin Lakes, New Jersey typically command prices well above the state average, reflecting the town’s reputation, low density, and high demand. Compared to many other parts of New Jersey, the cost of owning a home here signals exclusivity rather than entry-level affordability. Buyers exploring this page are usually comparing value, lifestyle, and long-term stability rather than bargain pricing.

Within Franklin Lakes, the most desirable places to live are generally found near wooded residential enclaves, quiet cul-de-sacs, and areas close to local lakes and preserved land. These sections offer both privacy and easy access to town amenities. While property taxes vary by home size and assessed value, Franklin Lakes is not known for having the lowest taxes in the region; instead, taxes tend to align with the town’s high level of services, school quality, and infrastructure.

In terms of affluence, Franklin Lakes is consistently recognized as one of the wealthiest municipalities in Bergen County, with household incomes that exceed many neighboring towns. Because of this, a middle-class salary here is higher than in much of New Jersey, and homeownership generally requires a strong, dual-income household or significant savings. Affording a $400,000 home in Franklin Lakes is uncommon due to limited inventory at that price point, and buyers typically need a higher income to comfortably compete in this market.

A salary of $90,000, while solid in many parts of New Jersey, is considered modest in Franklin Lakes when measured against housing costs and overall cost of living. Many residents earn well above that range, especially homeowners, which reinforces the town’s reputation as an upscale, long-term destination for buyers seeking space, privacy, and a refined suburban lifestyle.