Bergen County, New Jersey

What is your Franklin Lakes property worth to a builder?

If you own land, a teardown, or an oversized lot in Franklin Lakes, it may be worth far more to a builder than a traditional sale would ever bring. The Builders Resource Center knows exactly who is buying in Franklin Lakes and what they will pay.

Read our guide: What Your Land Is Worth to a Builder →

Why Builders Want Franklin Lakes

A market builders compete in.

One of Bergen County's premier luxury markets, Franklin Lakes' estate-sized lots draw builders of high-end custom homes.

That demand is exactly why an ordinary-looking Franklin Lakes property can be worth a premium to the right builder. We track who is actively buying, what they are paying, and what your town's zoning allows, so you get an honest read on your property's real development value.

Franklin Lakes Market Report

What homes actually sold for in Franklin Lakes.

Every single-family sale recorded with the State of New Jersey in Franklin Lakes over the last 12 months, July 2025 through June 2026. Real deed records, not estimates.

117homes sold109 sales the year before
$1.7Mmedian sale priceup 23.6% from $1.38M the year before
0new homes soldnone recorded this year
35sales over $2Molder homes: median $454 per sq ft

Builders aren't putting up many new homes here right now, so the right lot and the right buyer matter even more. Ask what your property is worth to a builder →

Daren Donofrio

Your Franklin Lakes agent

Daren Donofrio, REALTOR-Associate, Builders Resource Center. Follows these numbers every month and can tell you what they mean for your home.

Meet Daren Call or text (814) 574-8629

Source: NJ Division of Taxation deed records (SR1A): usable single-family sales from $100K to $20M recorded July 2025 through June 2026. New homes = built the year of the sale or the year before. Updated September 2026.

More on Franklin Lakes

Go deeper on Franklin Lakes.

What We Do in Franklin Lakes

Three ways we get you more.

01

Land & Teardowns

Older or dated homes and oversized lots in Franklin Lakes often sell for more as a builder's canvas than as a traditional listing. You sell as-is, no repairs or staging.

02

Subdivisions

If your Franklin Lakes lot can be divided, that potential can multiply its value. We know what the town will realistically approve and what builders will pay for it.

03

New Construction

We sell new construction in this market every week, so we price your land against what the finished home will actually command in Franklin Lakes.

Now on the Market

Homes for sale in Franklin Lakes.

The newest homes for sale in Franklin Lakes, live from the MLS and updated all day.

Looking for something specific? Search every listing in Franklin Lakes and nearby towns by price, size and features, or set the status to Sold to see recent closings.

Free & Confidential

What is your Franklin Lakes property worth?

Your information stays private. We never share owner details with builders until you tell us to.

Areas We Serve

We buy land and build across New Jersey.

Beyond Franklin Lakes, the Builders Resource Center works with landowners in:

Essex County
Bloomfield · Caldwell · Cedar Grove · Essex Fells · Fairfield · Glen Ridge · Livingston · Maplewood · Montclair · North Caldwell · Nutley · Roseland · Short Hills & Millburn · South Orange · Verona · West Caldwell · West Orange
Morris County
Boonton Township · Chatham · Chester · Denville · East Hanover · Florham Park · Hanover Township · Harding · Kinnelon · Long Hill · Madison · Mendham · Montville · Morris Plains · Morris Township · Morristown · Mountain Lakes · Parsippany · Randolph
Union County
Berkeley Heights · Clark · Cranford · Fanwood · Garwood · Kenilworth · Mountainside · New Providence · Rahway · Roselle Park · Scotch Plains · Springfield · Summit · Union · Westfield
Somerset County
Basking Ridge · Bedminster · Bernardsville · Bridgewater · Far Hills · Green Brook · Hillsborough · Montgomery · Peapack-Gladstone · Warren · Watchung
Bergen County
Allendale · Alpine · Closter · Cresskill · Demarest · Englewood · Englewood Cliffs · Glen Rock · Harrington Park · Haworth · Ho-Ho-Kus · Mahwah · Montvale · New Milford · Norwood · Old Tappan · Oradell · Paramus · Ridgewood · River Vale · Saddle River · Tenafly · Upper Saddle River · Washington Township · Westwood · Woodcliff Lake · Wyckoff