Living in Franklin Lakes: Things to Do and See in Franklin Lakes, New Jersey
Franklin Lakes—Upscale, Rural Enclave an Hour from Midtown Manhattan
A Look into Franklin Lakes, New Jersey 07417
The borough of Franklin Lakes, New Jersey, is nestled in the foothills of the Ramapo Mountains in the northeast corner of Bergen County, below the towns of Ramsey and Mahwah and between the towns of Oakland and Wyckoff. Franklin Lakes is a great place to live, especially for families. The local schools are highly ranked, with low student-to-teacher ratios for all grades. The natural surroundings, composed of wooded hills, lush lowlands, and nearly two dozen lakes and ponds, provide a beautiful setting for all four seasons. In the spring, summer, and autumn, you can hike along miles of picturesque trails in the Franklin Lakes Nature Preserve; and in the winter, you can ice skate on the smaller lakes in the area.
Historical Provenance of Franklin Lakes Homes
This quaint town was founded in the 17th century by Dutch settlers. This has left a lasting impression on the landscape and the architectural character of the town. The town’s bucolic landscape proved ideal for farming. Until the late 19th century, the town had a population of just a few hundred, but by the height of the Industrial Revolution, the area had attracted gentlemen farmers and affluent New York City families who used their new wealth to build large Georgian- and Federal-style homes. Today, much of the farmland has been subdivided into large, lush residential plots, and many of the original homes remain as private residences, including 14 Dutch Colonial houses, which are listed on the National Register of Historic Places.
Amenities in Franklin Lakes
The Franklin Lakes Nature Preserve is a recreational paradise. Here you can hike or mountain bike along miles of trails, go bird-watching for a yellow-rumped warbler, or go fishing for largemouth bass or catfish. In town, the private Indian Trail Club offers tennis, paddle-boating, and swimming in two pools and the lake. The club is also a popular destination for weddings and special events. Nearby is the Saddle Ridge Riding Center and Campgaw Mountain ski area. The New Jersey Botanical Garden and Sterling State Forest are both within 30 minutes’ drive.
What Kind of Home Can I Buy and What are the Taxes in Franklin Lakes?
Franklin Lakes has one of the lowest property tax rates in the state: 1.625% (as of 2018). Home buyers have a wide range of real estate options, including historic mansions and townhouses, large single-family estate homes, farms and equestrian properties, and tracts of land for private development.
Who Buys Homes in Franklin Lakes?
The majority of residents have lived in Franklin Lakes for two or even three generations. The town is a particular draw for families because of its high-quality schools, four-season recreation, and outstanding location, within commuter distance to New York City.
Commuting to New York City from Franklin Lakes
Franklin Lakes has an ideal location. New York City is just 25 miles away: less than an hour by car or a little over an hour by rail to Penn Station. The town is served by three airports: Newark Liberty International Airport and New York Stewart International Airport, both within 45 minutes’ drive, and Teterboro regional airport, just 20 minutes away.
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