Franklin Park, Somerset County, NJ Housing Trends, Rent, Price-to-Rent

Market Summary

Franklin Park, Somerset County, NJ

Median Home Price Price

$405,425 $405.4K

Median Monthly Rent Rent

$3,039 $3K

GRM

11.0x

GRM = Median Home Price divided by annual rent.

Price = Median Home Price.

Rent = Median Monthly Rent.

Trend Insights

Median Rent in Franklin Park, NJ is $3,039, with MoM change +$31 and YoY change +$276 pointing to positive momentum while volatility is low (std $71).

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Metric

Base market Franklin Park, NJ

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Delta vs base

Median rent

$3,039

N/A

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Median price

$405,425

N/A

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YoY change

+$276

N/A

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Price-to-rent

11.1x

Data unavailable

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