Market Summary

Franklin Park, Mercer County, NJ

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Median Home Price Price

$234,820 $234.8K

Median Monthly Rent Rent

$1,959 $2K

GRM

10.0x

GRM = Median Home Price divided by annual rent.

Price = Median Home Price.

Rent = Median Monthly Rent.

Similar markets within Mercer County

Region Price Rent GRM Display
$239,992 $2,379 9.0x
$192,008 $1,934 8.0x
$264,679 $1,442 15.0x
$196,961 $1,692 10.0x
$188,721 $1,922 8.0x
$170,788 $1,708 8.0x
$257,046 $1,931 11.0x
$233,129 $1,453 13.0x
$193,682 $1,867 9.0x
$169,208 $1,581 9.0x
$402,021 $2,190 15.0x

Home prices

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Monthly rent

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GRM

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Similar markets within NJ outside of Mercer County

Region Price Rent GRM Display
$247,366 $2,157 10.0x

Home prices

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Monthly rent

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GRM

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Similar markets outside of NJ

Region Price Rent GRM Display
$80,370 $1,070 6.0x
$237,695 $1,656 12.0x
$419,396 $1,761 20.0x
$220,998 $1,601 11.0x
$254,937 $1,685 13.0x
$179,391 $1,378 11.0x
$199,398 $1,484 11.0x
$138,499 $1,367 8.0x
$888,319 $1,892 39.0x
$160,721 $1,371 10.0x
$617,877 $2,230 23.0x
$94,935 $1,026 8.0x

Home prices

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Monthly rent

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GRM

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Franklin Park

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Trend Insights

Median Rent in Franklin Park, NJ is $1,959, with MoM change +$11 and YoY change +$217 pointing to positive momentum while volatility is low (std $63).

Benchmark Markets Side by Side

Search a market to benchmark rent, price, YoY, and price-to-rent against Franklin Park, NJ.

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Metric
Base market Franklin Park, NJ
Compare market Select a market
Delta vs base
Median rent
$1,959
N/A
Median price
$234,820
N/A
YoY change
+$217
N/A
Price-to-rent
10.0x
Data unavailable
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