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Franklin Park, NJ
Full City Profile · New Jersey · Middlesex County County
3.9
/5.0
B+
Good
13,327
Population
5,106/sq mi density
$111,508
Median Income
$56,871 per capita
$326,800
Home Value
$418,724 Zillow
$2,074
Median Rent
26.4% income on rent
53°F
Avg Temperature
275 sunny days/yr
744
Violent Crime/100K
2,815 property/100K
B+
Overall
3.9 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
4.7 / 5.0
$111,508 median income, 3.4% unemployment
A+
Affordability
5.0 / 5.0
$326,800 home value, $2,074/mo rent
F
Safety
1.0 / 5.0
744 violent crimes/100K (96% above avg)
A+
Education
5.0 / 5.0
58.3% bachelor's degree or higher
Housing Overview
Median Home Value
$326,800
16% above
US avg: $281,900
Median Rent
$2,074/mo
78% above
US avg: $1,163/mo
Homeownership Rate
56.6%
13% below US avg (65.4%)
Total Housing Units
5,398
Median year built: 1992
Home Value by Source
Census Median
$326,800
Zillow (ZHVI)
$418,724
Median Sale Price
$361,000
Median List Price
$414,900
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
56.6%
Owner-Occupied
43.4%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$1,599/mo
1 Bedroom
$1,759/mo
2 Bedroom
$2,132/mo
3 Bedroom
$2,658/mo
4 Bedroom
$3,005/mo
Census median rent:
$2,074/mo
· Zillow rent:
$2,367/mo
Market Indicators (Redfin)
Median Days on Market
67 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
6
Price Drops
20.0%
of listings with price reduction
Price Per Sq Ft
$329
Active Inventory
10
homes for sale
Affordability & Housing Stock
Rent Burden
26.4%
of renters spending 30%+ of income on housing
15% below US avg (31.0%)
Median Year Built
1992
Average age of housing stock: 34 years
Homeownership Rate
56.6%
Complete Housing Data
Home Values
| Census Median Value | $326,800 |
| Zillow Home Value (ZHVI) | $418,724 |
| Median Sale Price | $361,000 |
| Median List Price | $414,900 |
| Price Per Sq Ft | $329 |
Rent
| Census Median Rent | $2,074 |
| Zillow Rent (ZORI) | $2,367 |
| FMR Studio | $1,599 |
| FMR 1-Bedroom | $1,759 |
| FMR 2-Bedroom | $2,132 |
| FMR 3-Bedroom | $2,658 |
| FMR 4-Bedroom | $3,005 |
Market
| Days on Market | 67 |
| Sale-to-List Ratio | 1.0% |
| Price Drops | 20.0% |
| Homes Sold | 6 |
| Active Inventory | 10 |
| Price Per Sq Ft | $329 |
Ownership & Stock
| Owner-Occupied | 56.6% |
| Renter-Occupied | 43.4% |
| Homeownership Rate | 56.6% |
| Total Housing Units | 5,398 |
| Median Year Built | 1992 |
| Rent Burden | 26.4% |