Comprehensive market data and analysis• Updated Dec 2025
Market conditions are relatively balanced between buyers and sellers.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | - | - | 1 | 1 |
| 1-2 acres | - | - | - | 1 |
| 2-5 acres | - | - | - | - |
| 5-10 acres | - | - | - | - |
| 10-20 acres | - | - | - | - |
| 20-50 acres | - | - | - | - |
| 50-100 acres | - | - | - | - |
| 100+ acres | - | - | - | - |
| TOTAL | 0 | 0 | 1 | 2 |
Acreage buckets
The median price for land in Franklin Lakes, New Jersey is currently $2.3M per acre. For a typical parcel, the median sale price is $765K. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $755K while premium lots reached $2.7M.
Land in Franklin Lakes, New Jersey typically sells within 36 days of listing. The median time on market is 36 days. Properties are moving quickly.
Over the past 12 months, Franklin Lakes, New Jersey saw 4 properties sold, totaling $5.9M in sales volume.
Land in Franklin Lakes, New Jersey averages $2.3M per acre. The median price per acre is $2.3M, which may be more representative of typical transactions. Most parcels sold are around 42,318 sq ft.
The 12-month rate is 100.0%. Absorption rate shows what percentage of available inventory is being sold, with higher rates indicating stronger buyer demand.
The median land price in Franklin Lakes, New Jersey stands at $765K. This translates to roughly $2.3M per acre for the typical parcel size. The average price is $1.5M, indicating some higher-priced properties pulling up the average.
The top-performing broker in this market is Christie's International Real Estate Group-Franklin Lakes.
Market statistics are compiled from multiple sources including LandyDandy listings, Zillow.com, Realtor.com, Redfin.com, county records, and MLS data. While we strive for accuracy, these figures are estimates and may not reflect 100% of market activity. Data is updated regularly but some transactions may have reporting delays. For the most accurate assessment of a specific property, we recommend consulting with a local real estate professional.
