Median home value in zip code 08823 (Franklin Park, NJ) is $422,928, up 2.6% year over year. Part of the New York-Newark-Jersey City, NY-NJ-PA metropolitan area.

Home Value$422,928

YoY Change

+2.6%

Prices rising — worse for buyers.

Affordability

Enter your income for 08823 (Franklin Park).

Income (annual)

Down Payment

$84,586 on $422,928

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

Out of reach41% of income

Need $109,929/yr to afford.

PITI$2,565

P/I41%

Afford$289K

Gap-$134K

P&I $2,139Tax $310Ins $117

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

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

Metro Analysis

08823 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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