Franklin Township

Real Estate

Franklin Township offers a wide spectrum of housing, from condos and townhomes near major commercial corridors to established suburban neighborhoods, historic-village properties and larger homes near preserved open space.

August 2026 Market Snapshot

Median Listing Price

$549,900

Median Sold Price

$585,500

Median Days on Market

36 days

Median Rent

$2,875 per month

These figures are a point-in-time market snapshot from Realtor.com Economic Research for August 2026. Real-estate conditions change frequently.

Housing Areas & Property Types

Somerset / Easton Avenue Area

A mix of single-family homes, condos, townhomes and rental communities with convenient access to retail, Rutgers/New Brunswick and I-287.

Franklin Park

Route 27-area neighborhoods combining townhomes, condos, apartments and single-family housing, with strong access toward South Brunswick and Princeton-area employment.

Middlebush & Central Township

Established residential neighborhoods with convenient access to township schools, municipal services, parks and Amwell Road.

East Millstone, Griggstown & Kingston

Historic-village settings and older housing stock near the D&R Canal and Millstone River corridor.

Newer Communities

The township includes newer condominium, townhome and age-restricted communities as well as infill residential development.

Affordable Housing

Franklin maintains an affordable-housing program and income-restricted units in multiple developments across the township.

Buying or Renting in Franklin

Confirm the municipality and school district when a property uses a Somerset, Franklin Park, Kingston or other postal address.
Review flood-zone and canal/river considerations for properties near the Millstone River and D&R Canal corridor.
Historic-district properties may be subject to additional review for exterior changes.
Condo and townhome buyers should review association fees, reserves and rules as part of due diligence.
Market statistics are not property valuations; use current comparable sales and professional advice for a specific property.