Franklin, NJ 07416 Real Estate & Property Data

Franklin, NJ 07416 Real Estate Market Trends
Last Updated: April 29, 2024

A total of 80 residential properties have been sold over the past 12 months in 07416. With a median sales price of $337,500 in 07416 and a total of 2 foreclosures in Franklin, NJ 07416. Discover market trends and get the granular level real estate data for Franklin, NJ 07416 to keep your pulse on the housing market. Curate compelling home reports for Franklin, NJ 07416 from reliable property records is easy using the ATTOM platform as a source for state-of-the-art property reports.

Franklin, NJ 07416 Real Estate Market Trends
Total Residential Properties 1,695
Total Commercial Properties 161
Avg. Home Age (Single Family Home) 77 Years
Avg. Square Feet (Single Family Home) 1,672
Total 2024 Residential Sales (year-to-date) 8
% of Homes Seriously Underwater (Q2 2024) 0.47%
Total 2023 Residential Sales 79
% of Equity Rich Homes (Q2 2024) 48.34%
Effective 2023 Property Tax 2.1%
Total Foreclosure Filings (year-to-date) 5
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Franklin, NJ 07416 Real Estate Overview

There were 80 residential properties sold in the past year in Franklin, NJ 07416. The median home value in Franklin, NJ 07416 is $330,100. There are a total of 1,695 residential properties in the 07416.

Median Sales Price i
$337,500
(Feb 2024)
-8.4%
year-over-year
y-o-y
  • February '24 Feb '24 $337,500
  • January '24 Jan '24 $325,000
  • December '23 Dec '23 $450,000
  • November '23 Nov '23 $308,500
  • October '23 Oct '23 $321,000
  • September '23 Sep '23 $325,000
  • August '23 Aug '23 $342,000
  • July '23 Jul '23 $324,625
  • June '23 Jun '23 $437,860
  • May '23 May '23 $430,000
  • April '23 Apr '23 $293,000
  • March '23 Mar '23 $317,499
Median Down Payment i
$8,500
(Feb 2024)
-83%
year-over-year
y-o-y
  • February '24 Feb '24 $8,500
  • January '24 Jan '24 $13,750
  • December '23 Dec '23 $58,000
  • November '23 Nov '23 $44,000
  • October '23 Oct '23 $7,807
  • September '23 Sep '23 $18,250
  • August '23 Aug '23 $68,400
  • July '23 Jul '23 $64,250
  • June '23 Jun '23 $176,340
  • May '23 May '23 $14,352
  • April '23 Apr '23 $21,839
  • March '23 Mar '23 $13,611
Number of Homes Sold i
4
(Feb 2024)
-60%
year-over-year
y-o-y
  • February '24 Feb '24 4
  • January '24 Jan '24 4
  • December '23 Dec '23 9
  • November '23 Nov '23 8
  • October '23 Oct '23 8
  • September '23 Sep '23 8
  • August '23 Aug '23 4
  • July '23 Jul '23 6
  • June '23 Jun '23 3
  • May '23 May '23 6
  • April '23 Apr '23 5
  • March '23 Mar '23 5
Number of Purchase Loans i
6
(Feb 2024)
-25%
year-over-year
y-o-y
  • February '24 Feb '24 6
  • January '24 Jan '24 4
  • December '23 Dec '23 8
  • November '23 Nov '23 7
  • October '23 Oct '23 7
  • September '23 Sep '23 7
  • August '23 Aug '23 3
  • July '23 Jul '23 4
  • June '23 Jun '23 2
  • May '23 May '23 6
  • April '23 Apr '23 5
  • March '23 Mar '23 5
Number of REFI Loans i
6
(Feb 2024)
+500%
year-over-year
y-o-y
  • February '24 Feb '24 6
  • January '24 Jan '24 5
  • December '23 Dec '23 6
  • November '23 Nov '23 2
  • October '23 Oct '23 1
  • September '23 Sep '23 2
  • August '23 Aug '23 2
  • July '23 Jul '23 10
  • June '23 Jun '23 2
  • May '23 May '23 4
  • April '23 Apr '23 1
  • March '23 Mar '23 3
Number of HELOC Loans i
4
(Feb 2024)
+33.3%
year-over-year
y-o-y
  • February '24 Feb '24 4
  • January '24 Jan '24 2
  • December '23 Dec '23 N/A
  • November '23 Nov '23 N/A
  • October '23 Oct '23 1
  • September '23 Sep '23 2
  • August '23 Aug '23 2
  • July '23 Jul '23 3
  • June '23 Jun '23 2
  • May '23 May '23 N/A
  • April '23 Apr '23 3
  • March '23 Mar '23 N/A

Franklin, NJ 07416 Foreclosure Activity

There were a total of 2 Franklin, NJ 07416 properties with a foreclosure filing in February 2024.

Total Foreclosure Filings i
2
(Feb 2024)
year-over-year
y-o-y
  • February '24 Feb '24 2
  • January '24 Jan '24 3
  • December '23 Dec '23 2
  • November '23 Nov '23 1
  • October '23 Oct '23 5
  • September '23 Sep '23 3
  • August '23 Aug '23 2
  • July '23 Jul '23 2
  • June '23 Jun '23 N/A
  • May '23 May '23 6
  • April '23 Apr '23 N/A
  • March '23 Mar '23 1
Foreclosure Starts i
1
(Feb 2024)
-50%
year-over-year
y-o-y
  • February '24 Feb '24 1
  • January '24 Jan '24 1
  • December '23 Dec '23 N/A
  • November '23 Nov '23 N/A
  • October '23 Oct '23 3
  • September '23 Sep '23 2
  • August '23 Aug '23 2
  • July '23 Jul '23 N/A
  • June '23 Jun '23 N/A
  • May '23 May '23 4
  • April '23 Apr '23 N/A
  • March '23 Mar '23 1
Completed Foreclosures (REOs) i
  • February '24 Feb '24 N/A
  • January '24 Jan '24 N/A
  • December '23 Dec '23 N/A
  • November '23 Nov '23 N/A
  • October '23 Oct '23 N/A
  • September '23 Sep '23 N/A
  • August '23 Aug '23 N/A
  • July '23 Jul '23 N/A
  • June '23 Jun '23 N/A
  • May '23 May '23 N/A
  • April '23 Apr '23 N/A
  • March '23 Mar '23 1
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