The median home in Franklin Park, New Jersey is valued at $408,392, up 2.3% year over year. Typical monthly rent is $2,375, producing a price-to-rent ratio of 14.3x — below the national average of 18x. Franklin Park is part of the New York-Newark-Jersey City, NY-NJ-PA metropolitan area, which CrashWatch tracks daily with real-time stress scores and crash risk analysis.
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Home Value$408,392
+2.3%
Rent$2,375/mo
AFFORDABILITYRenting $647/mo cheaper ($2,375 rent)6.50% 30yr, 20% down, county tax + NJ ins. 28% per HUD.
Enter your income for Franklin Park.
$81,678 on $408,392
Out of reach — 48.4% of income
Need $129,514/yr to afford.
PITI$3,022
P/I48.4%
Afford$236K
Gap-$172K
P&I $2,065Tax $841Ins $117
Home Buying Kit For Dummies (2025)Financing, negotiation, closing
Other cities in New Jersey
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Full New York-Newark-Jersey City, NY-NJ-PA analysis
Stress scores, crash risk, early warning signals, and 12-month price forecasts for the New York-Newark-Jersey City, NY-NJ-PA metro.
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