Home prices
Franklin Center's median home cost is $437,700. In comparison to other places in this area this is approximately $117,320 (36%) higher.Compared to the entire country it is approximately $220,200 (101%) higher, and in comparison to the city of New York is roughly $168,300 (27%) lower.
Rents
In Franklin Center the median monthly rent is $2,013. In comparison to the surrounding areas it is approximately $558 (38%) higher.Compared to the rest of the nation it is roughly $951 (89%) higher, and it is roughly $570 (39%) higher in comparison to the city of New York.
Nearby places
South Bound Brook
South Bound Brook is Franklin Center's neighbor to the northeast. The real estate prices there are a lot less expensive. The median home in South Bound Brook is valued at $248,800, which is $188,900 (75%) lower than Franklin Center. Rent there is a lot less expensive. In South Bound Brook the median monthly rent is $1,422, which is $591 (41%) lower than Franklin Center.
Middlebush
Middlebush is Franklin Center's neighbor to the south. Its housing prices are a little more expensive. Middlebush's median home value is $501,500, which comes out to $63,800 (12%) higher than Franklin Center. Rent there is a lot less expensive. In Middlebush the median monthly rent is $1,424, which is $589 (41%) lower than Franklin Center.
Manville
Manville is Franklin Center's neighbor to the west. Housing prices there are substantially less expensive. The median home price in Manville is $262,000, which comes out to $175,700 (67%) lower than Franklin Center. The rent there is significantly less expensive. Manville's median rent is $1,355 a month, which is $658 (48%) lower than Franklin Center.
Somerset
Somerset is Franklin Center's neighbor to the southeast. Housing prices there are substantially less expensive. Somerset's median home value is $315,900, which is $121,800 (38%) lower than Franklin Center. Rents there are a bit less expensive. The median rent in Somerset is $1,629 a month, which comes out to $384 (23%) lower than Franklin Center.
Bound Brook
Bound Brook is approximately 2 miles north from Franklin Center. Its real estate prices are a lot less expensive. The cost of the median home in Bound Brook is $273,700, which is $164,000 (59%) lower than Franklin Center. The rent there is significantly less expensive. In Bound Brook the median monthly rent is $1,443, which is $570 (39%) lower than Franklin Center.