Median home value: $408K (+2.3% YoY). Rent: $2,375/mo. Price-to-rent: 14.3x. Part of New York-Newark-Jersey City, NY-NJ-PA.
Limited Data
Basic Zillow data only. For stress scores, AI analysis, and trends, New York-Newark-Jersey City, NY-NJ-PA metro page.
Home Value$408,392
+2.3%
Rent$2,375/mo
AFFORDABILITYRenting $541/mo cheaper ($2,375 rent)6.00% 30yr, 20% down, county tax + NJ ins. 28% per HUD.
Enter your income for Franklin Park.
$81,678 on $408,392
Out of reach — 46.7% of income
Need $124,971/yr to afford.
PITI$2,916
P/I46.7%
Afford$245K
Gap-$163K
P&I $1,959Tax $841Ins $117
Home Buying Kit For Dummies (2025)Financing, negotiation, closing