Explore asking prices, listing activity, days on market and property-type trends for the Franklin Lakes-area ZIP 07417 market, plus ListOneNJ's potential savings for local home buyers and sellers. ZIP-code results are not municipal totals.
Current RentCast sale-listing statistics for ZIP 07417. These reflect asking prices, not the prices homes ultimately sell for.
The Franklin Lakes-area figures describe ZIP 07417, which may extend beyond municipal boundaries. Listing counts reflect properties active at some point during the month, not necessarily homes currently available today. Current-month new listings are month to date.
Single-family homes, townhouses, condominiums and other property types have different price distributions. This breakdown makes the ZIP 07417 overall median more useful to buyers comparing housing options.
| Property type | Median asking price | Listings this month | Median days on market |
|---|---|---|---|
| Single Family | $1,995,000 | 52 | 40 |
| Townhouse | $779,000 | 3 | 26 |
| Land | $595,000 | 1 | 35 |
| Bedrooms | Median asking price | Listings this month | Median days on market |
|---|---|---|---|
| 2 bedrooms | $779,000 | 3 | 15 |
| 3 bedrooms | $839,000 | 5 | 31 |
| 4 bedrooms | $1,499,999 | 16 | 37 |
| 5 bedrooms | $2,700,000 | 19 | 74 |
| 6 bedrooms | $2,450,000 | 10 | 38 |
| 7 bedrooms | $3,699,999 | 2 | 11 |
Property types and bedroom groups are separate breakdowns of RentCast-covered sale listings. Small groups may have unstable medians. Counts cover listings active at some point during the reporting month.
For comparable trend data, ListOneNJ uses completed calendar months rather than comparing a partial current month with a full month last year.
September 2026 versus September 2025: The median asking price in ZIP 07417 was $1,995,000, 0.2% lower year over year (previously $1,999,000).
Median days on market: 48 days, compared with 48 days one year earlier.
New listings during September 2026: 16, 14.3% higher than the same month a year earlier.
Franklin Lakes-area median asking price — last 12 completed months
| Completed month | Median asking price | New listings | Median days on market |
|---|---|---|---|
| September 2026 | $1,995,000 | 16 | 48 |
| August 2026 | $1,999,000 | 12 | 51 |
| July 2026 | $1,849,000 | 11 | 34 |
| June 2026 | $1,849,000 | 19 | 28 |
| May 2026 | $1,799,999 | 19 | 25 |
| April 2026 | $1,999,999 | 23 | 20 |
| March 2026 | $1,999,999 | 18 | 20 |
| February 2026 | $2,790,000 | 7 | 52 |
| January 2026 | $2,790,000 | 11 | 69 |
| December 2025 | $2,495,000 | 4 | 62 |
| November 2025 | $2,180,000 | 13 | 52 |
| October 2025 | $2,295,000 | 12 | 56 |
Trends describe changing asking prices and the mix of properties listed. They do not measure closed-sale appreciation or predict a specific property's value.
The following illustrations use the ZIP 07417 single-family median asking price of $1,995,000. The figures are hypothetical, not estimates of a particular property's selling price.
At an assumed sale price of $1,995,000, ListOneNJ's 1% listing fee would be $19,950. That is $39,900 less than a hypothetical 3% listing-side commission. Any buyer-agent compensation is optional and negotiated separately.
Learn about ListOneNJ's full-service 1% listings →If a $1,995,000 purchase includes a separately negotiated and paid 2% buyer-broker commission to ListOneNJ, the program's 50% rebate would be $19,950, subject to seller or builder and lender approval and other program requirements. A 2% commission is assumed here, not required.
Learn about ListOneNJ's NJ buyer commission rebates →Answers about low-fee listing agents, local Realtor services, negotiable commissions, and eligible buyer rebates in Franklin Lakes, Bergen County.
Yes. ListOneNJ offers a 1% listing-side fee for eligible homes in the Franklin Lakes area. Residential postal areas associated with Franklin Lakes include ZIP code 07417. Some of these ZIP codes overlap other municipalities; the ZIP list does not mean that every address in each ZIP is within Franklin Lakes.
If you are comparing an affordable real estate agent, discount broker, low-fee listing service, or a Realtor who charges less, compare the actual listing-side fee and included services. Seller-paid buyer-agent compensation, if any, is optional and negotiated separately. Try the 1% listing savings calculator for illustrative listing-side savings.
ListOneNJ is a New Jersey-licensed brokerage headquartered in Parsippany and serving Franklin Lakes and Bergen County. It offers in-person brokerage services, rather than operating solely as a virtual agent-matching or referral website. Broker-owner David Blinder is directly involved in pricing strategy, marketing, offer negotiations, and transaction oversight; other licensed professionals may assist when appropriate. ListOneNJ does not claim to have a physical office in every town it serves.
Yes. ListOneNJ's 1% listing-side service includes applicable local Multiple Listing Service (MLS) exposure and professional property photography, together with pricing guidance, listing marketing, negotiation, and transaction coordination. Service terms, optional services, and any buyer-agent compensation should be reviewed in the listing agreement. A lower fee does not by itself establish that a brokerage provides less marketing.
Read the ListOneNJ 1% listing program for current service details.
No. New Jersey sellers are not automatically required to pay the buyer's brokerage. A buyer may ask the seller to pay buyer-agent compensation as part of a purchase offer, and the seller may agree, reject, or negotiate that request. Any such compensation is separate from ListOneNJ's 1% listing-side fee. Real estate commissions are negotiable.
ListOneNJ does not charge a cancellation fee if your home is not under contract and no offer is pending at the time of cancellation. A 14-day written notice is required. ListOneNJ may still be entitled to compensation if a buyer who submitted an offer during the listing period later purchases the property. These conditions and any applicable obligations are governed by the signed listing agreement.
Review the ListOneNJ 1% listing program for published listing terms before deciding.
There is no mandatory or fixed Realtor commission rate in Franklin Lakes or elsewhere in New Jersey. Brokerages offer different listing-side fees and service arrangements. ListOneNJ offers a 1% listing-side fee; compensation for a buyer's broker, if any, is a separate, negotiable matter. Compare listing fees rather than assuming a bundled percentage is required. For a detailed explanation, read the Ultimate Guide to Realtor Commissions in New Jersey.
Eligible residential buyers represented by ListOneNJ may receive a rebate equal to 50% of the buyer-broker compensation actually received by ListOneNJ. For illustration only, if the brokerage receives a negotiated 2% buyer-broker commission, a 50% rebate would equal 1% of the purchase price. The 2% figure is hypothetical, not mandatory or standard. Eligibility is subject to the written rebate agreement, seller or builder and lender approval where applicable, closing requirements, and agent availability. Learn more about the New Jersey buyer commission rebate program.
Not necessarily. Buyer-broker compensation is negotiated in the buyer representation agreement and may be paid by the seller, buyer, or both, subject to the purchase agreement and applicable requirements. Sellers are not obligated to cover a buyer's agent, but buyers may request seller-paid compensation when submitting an offer.
Depending on the lender, settlement terms, and applicable restrictions, an approved commission rebate may reduce eligible closing costs or be applied through another lender-approved closing arrangement, potentially including principal reduction. The method cannot be assumed in advance. New Jersey rebates must be properly documented and disclosed, and paid or credited at closing. Ask your lender and closing attorney which uses are permitted for your transaction; rebate recipients should also consult a tax professional.
All real estate commissions are negotiable in New Jersey. Buyer commission rebates may have tax consequences; recipients are encouraged to consult a qualified tax professional. Commission rebates are subject to seller / lender approval.
