Zip Code:

07416, Franklin, NJ

07416 is a New Jersey Zip code within the city of Franklin and the county of Sussex County. Its population is roughly 5,523.

Franklin Real Estate: A Look at the 7416 Zip Code

Franklin, NJ is located in the 7416 zip code. According to the 2010 census, the population of Franklin was 13,848. The median household income in Franklin was $86,917 and the median family income was $106,906. Home equity and home prices in Franklin are among the highest in New Jersey.

The average home price in Franklin was $269,000 as of September 2013. The average home equity value as of September 2013 was $248,000. The average mortgage rate for a 30-year fixed-rate loan in Franklin was 3.14% as of September 2013.

The percentage of homes that are owner-occupied is among the highest in New Jersey at 87%. The percentage of homes that are renter-occupied is among the lowest in New Jersey at 14%.

Price Index: Newark, NJ-PA (MSAD)

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