Median home value in zip code 07417 (Franklin Lakes, NJ) is $1,500,327, up 12.1% year over year. Part of the New York-Newark-Jersey City, NY-NJ-PA metropolitan area.

Home Value$1,500,327

YoY Change

+12.1%

Prices rising — worse for buyers.

Affordability

Enter your income for 07417 (Franklin Lakes).

Income (annual)

Down Payment

$300,065 on $1,500,327

Example: $75,000 household income. Change it above to see your own.

Out of reach140.8% of income

Need $377,271/yr to afford.

PITI$8,803

P/I140.8%

Afford$298K

Gap-$1.2M

P&I $7,586Tax $1,100Ins $117

6.50% 30yr, 20% down, county tax + NJ ins. 28% per HUD.

Home Buying Kit For Dummies (2025)Financing, negotiation, closing

Metro Analysis

07417 is part of the New York-Newark-Jersey City, NY-NJ-PA metropolitan area. See full stress scores, crash risk, early warning signals, and 12-month price forecast for the metro.

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