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2025 Compare Cities Housing:
Franklin Lakes, NJ vs Cedar Grove, NJ

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Highlights
- The median age of a home in Franklin Lakes is 45.5% younger than the median age of a home in Cedar Grove.
 Franklin Lakes, NJCedar Grove, NJUnited States
 Median Home Age44  Unlock42
 Median Home Cost  Unlock$558,400$338,100
 Home Appr. Last 12 months12.7%  Unlock16.6%
 Home Appr. Last 5 yrs.  Unlock43.7%57.0%
 Home Appr. Last 10 yrs.51.6%  Unlock101.1%
 Property Tax Rate  Unlock$29.1$11.0
 Homes Owned84.5%  Unlock57.4%
 Housing Vacant  Unlock1.7%11.2%
 Homes Rented10.8%  Unlock31.4%
 space
 Avg Rent For Home Or Apartment
 Franklin Lakes, NJCedar Grove, NJUnited States
 Average Rent  Unlock$2,460$1,840
 Studio Apartment$2,000  Unlock$1,080
 1 Bedroom Home or Apartment  Unlock$1,630$1,180
 2 Bedroom Home or Apartment$2,780  Unlock$1,430
 3 Bedroom Home or Apartment  Unlock$2,490$1,860
 4 Bedroom Home or Apartment$4,340  Unlock$2,160
 space1
 Vacant Housing
 Franklin Lakes, NJCedar Grove, NJUnited States
 Vacant For Rent  Unlock0.0%1.9%
 Vacant Rented0.0%  Unlock0.4%
 Vacant For Sale  Unlock0.0%0.7%
 Vacant Sold0.7%  Unlock0.4%
 Vacant Vacation  Unlock1.3%3.6%
 Vacant Other1.0%  Unlock4.1%
 space2
 Owner-Occupied Housing Value
 Franklin Lakes, NJCedar Grove, NJUnited States
 Less Than $20,000  Unlock0.0%2.6%
 $20,000 to $39,9990.0%  Unlock2.4%
 $40,000 to $59,999  Unlock0.3%2.8%
 $60,000 to $79,9990.0%  Unlock3.9%
 $80,000 to $99,999  Unlock0.0%4.5%
 $100,000 to $149,9990.6%  Unlock11.3%
 $150,000 to $199,999  Unlock0.5%13.0%
 $200,000 to $299,9990.1%  Unlock20.1%
 $300,000 to $399,999  Unlock15.3%13.6%
 $400,000 to $499,9993.6%  Unlock8.3%
 $500,000 to $749,999  Unlock36.6%9.7%
 $750,000 to $999,99921.0%  Unlock3.9%
 $1,000,000 to $1,499,999  Unlock7.2%2.2%
 $1,500,000 to $1,999,99912.4%  Unlock0.8%
 $2,000,000 and over  Unlock0.3%1.1%
 space3
 Housing Units By Year Built
 Franklin Lakes, NJCedar Grove, NJUnited States
 2015 and Newer1.3%  Unlock0.2%
 2010 to 2014  Unlock4.6%13.6%
 2000 to 200914.4%  Unlock13.6%
 1990 to 1999  Unlock3.9%13.6%
 1980 to 198917.7%  Unlock13.2%
 1970 to 1979  Unlock5.2%14.8%
 1960 to 19697.3%  Unlock13.6%
 1950 to 1959  Unlock36.9%10.0%
 1940 to 19491.7%  Unlock4.7%
 1939 or Earlier  Unlock12.7%12.2%
Transportation
Reviews for Franklin Lakes    2 Reviews
john · Franklin Lakes, NJ
Franklin Lakes
Over 15 years ago

It is a nice place to live near everything, ranches to multi million dollar home area, near all shopping, major transportation, 30 minutes to New  More

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Lauren · Franklin Lakes, NJ
Affluent Town
Over 19 years ago

Franklin Lakes is a very affluent town to live in. The schools are excellent. I highly reccomend living  More

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Reviews for Cedar Grove    3 Reviews
Jonn · Cedar Grove, NJ
Quaint Town at Risk
Over 1 years ago

Trails and a lovely park. Close to major employment centers NYC, Hoboken, Jersey City, Morristown but few employment opportunities in township. It is also attracting  More

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Farah · Cedar Grove, NJ
Good town with increasing drug activity
Over 2 years ago

Cedar Grove is well located in the NYC metro area. However increasing drug activity especially in the Mountain Ridge Drive area, meth house hub. There is room to turn  More

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marilynn · Cedar Grove, NJ
politics as usual
Over 16 years ago

The Mayor and Council of Cedar Grove, NJ seem to be unaware that they were voted into office by their constitutents, not by Joe Divicenzo, County Executive. Although it  More

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Learn More About Franklin Lakes, New Jersey
Overview
Cost of Living
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Learn More About Cedar Grove, New Jersey
Overview
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