Zip 08823 (Franklin Park, NJ) Housing

Franklin Park, NJ (08823) has an impressive median housing value of $341,700. This is higher than the national median value of $338,100, indicating that the housing market in Franklin Park is strong. Over the past year, housing appreciation in this area has been significant at 10.79%, compared to the national average of 8.27%. With such a high median value and rapid appreciation rate, it is clear that Franklin Park is a desirable place to live for those seeking a safe and prosperous community in which to invest in real estate.

The median home cost in Franklin Park (zip 08823) is $341,700. Home appreciation the last 10 years has been 60.4%. Home Appreciation in Franklin Park (zip 08823) is up 15.1%.

Average Age of Homes

- The median age of Franklin Park (zip 08823) real estate is 28 years old

The Rental Market in Franklin Park (zip 08823)

- Renters make up 28.0% of the Franklin Park (zip 08823) population
- 0.0% of houses and apartments in Franklin Park (zip 08823), are available to rent

DID YOU KNOW

Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Franklin Park, New Jersey	United States
	3,554.0	139,647,020.0
	29	42
	$341,700	$338,100
	15.1%	16.6%
	43.3%	57.0%
	60.4%	101.1%
	$22.56	$10.98
	$5,959	$2,690
	67.8%	57.4%
	2.2%	11.2%
	30.0%	31.4%
Vacant Housing
	0.0%	1.9%
	1.2%	0.4%
	0.0%	0.7%
	0.0%	0.4%
	0.0%	3.6%
	1.0%	4.1%
Value of Owner-Occupied Housing
	0.0%	2.6%
	0.0%	2.4%
	0.0%	2.8%
	0.0%	3.9%
	1.2%	4.5%
	9.8%	11.3%
	17.2%	13.0%
	29.4%	20.1%
	20.2%	13.6%
	11.1%	8.3%
	10.7%	9.7%
	0.5%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	11.1%	13.6%
	11.1%	13.6%
	50.5%	13.6%
	29.4%	13.2%
	1.5%	14.8%
	50.5%	13.6%
	1.6%	10.0%
	0.8%	4.7%
	1.1%	12.2%

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