Moving to Franklin Lakes
Everything you need to know before buying in Franklin Lakes, Bergen County.
Why Move Here?
- ●Top-rated schools with small class sizes and high test scores
- ●Spacious lots (1-3+ acres) offering privacy and a semi-rural feel
- ●Over 1,000 acres of preserved open space, trails, and nature areas
- ●Safe, family-oriented community with low crime rates
- ●Proximity to NYC while maintaining a countryside atmosphere
Commute to NYC
Primary Method
NJ Transit Bus (Route 196) or Drive to train station
Duration
60-90 minutes to Midtown Manhattan
Bus Routes
196
Most commuters drive to NJ Transit train stations in Oakland or Mahwah (Main/Bergen Line) or take the 196 bus route. Some residents drive to the Radburn station in Fair Lawn for a faster train. The commute is longer than from eastern Bergen County but manageable with express options.
Cost of Living
Franklin Lakes is one of the most expensive communities in Bergen County, with high home prices and property taxes reflecting the quality of life and schools.
vs. NJ State Average
60-80% above the New Jersey average
vs. National Average
120-150% above the national average
Pros
- +Exceptional public and private schools
- +Beautiful natural surroundings with extensive preserved open space
- +Large lots provide privacy and room for families
- +Very low crime rate — one of the safest communities in NJ
- +Strong property values and community investment
Cons
- –Very high property taxes (often $20,000-$30,000+ annually)
- –Long commute to NYC compared to eastern Bergen County towns
- –Limited public transit options — car-dependent community
- –Few commercial areas — residents travel to nearby towns for shopping
- –Bear and deer wildlife encounters require property precautions