Housing & Real Estate — Franklin Park, New Jersey
Overview
| Total Housing Units | 5,338 |
|---|
| Occupied | 5,338 |
|---|
| Vacant | 0 |
|---|
| Owner-Occupied | 3,020 |
|---|
| Renter-Occupied | 2,318 |
|---|
| Median Home Value (Census) | $336,600 |
|---|
| Estimated 2026 | ~$361,000 |
|---|
| Median Rent | $2,074/mo |
|---|
| Median Property Tax | $6,216/yr |
|---|
Affordability
| Home Price to Income Ratio | N/Ax |
|---|
| Home Affordability | affordable |
|---|
| Rent as % of Income | 21.7% |
|---|
| Severely Rent-Burdened | 36.7% |
|---|
Housing Age
| Built 2010 or later | 84 |
|---|
| Built 2000-2009 | 845 |
|---|
| Built 1990-1999 | 2,240 |
|---|
| Built before 1960 | 161 |
|---|
| Median Year Built | 1992 |
|---|
Sources: Census ACS 5-Year 2023; Census ACS 5-Year 2023, B25077; HUD FMR FY2026.
