Franklin (08873) in New Jersey Real Estate, Demographics, Mortgage and Jobs

USA	New Jersey	Franklin New Jersey

Franklin, NJ 08873

Franklin (08873) has an estimated 49,921 residents with 48,923 of those people in approximately 18,495 housing units. The 08873 zipcode contains 9,773 housing units that are owned with a mortgage or a loan, 3,084 housing units that are owned free and clear and 5,638 housing units that are renter occupied.

In Franklin (08873) the median listing price of $327,280 has risen by $2,280 since 2018-10.

In 2018 the average percentage drop was 3.83% of original listing price.

Zip code 08873 is in the New York-Newark-Jersey City metropolitan area.
The median estimated home value in Franklin, NJ (08873) is $331,200 as of 2018-10-31

In Franklin, NJ (08873), values have dropped by -0.10 from when they peaked at $367,900 in 2006-Q3

The Zillow Market Health Index for Franklin, NJ (08873) is 0.72. The corresponding state value is 1.76. This is significantly lower than the overall Market Health Index of NewJersey.

Demographics of Somerset zipcode 08873
The median age here is 41.70. This age is 109.7% the national median age.
The number of male residents is 26,445 with a median age of 39.20 years. The number of female residents is 29,055 with a median age of 44.10 years. This yields a ♂ to ♀ ratio of 0.91
The average household is 2.62 persons and has an income of $98,251.
The average family size in Franklin is 3.18.
Area Code: 732/908
Time zone: Eastern USA
Region: Northeast - Middle Atlantic
Has Daylight Saving: Yes
Businesses: 1,454
Employment: 33,092
Medicare Area: New Brunswick-Lakewood, NJ
County: SOMERSET

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