How much are property taxes in Franklin Center, NJ?

Homeowners in Franklin Center, NJ pay a median of $10,000 or more a year in real estate taxes (2020–2024 American Community Survey, table B25103).

Homes with a mortgage pay a median of $10,000 or more.

Homes without a mortgage pay a median of $10,000 or more.

Figures last updated on .

Median real estate taxes
$10,000 or more
With a mortgage
$10,000 or more
Without a mortgage
$10,000 or more

Real estate taxes in Franklin Center against Somerset County, its state and the nation

Median real estate taxes paid a year, estimate (90% margin of error)
Franklin CenterSomerset CountyNew JerseyUnited States
Median real estate taxes$10,000 or more$10,000 or more$9,590 (±$25)$3,119
Homes with a mortgage$10,000 or more$10,000 or more$9,741 (±$29)$3,489
Homes without a mortgage$10,000 or more$10,000 or more$9,313 (±$48)$2,576
Median home value$612,000 (±$23,497)$552,100 (±$7,374)$454,400 (±$1,150)$332,700

How property taxes in Franklin Center have changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
2015–20192020–2024Amount of changeVerdict
Median home value$437,700 (±$24,411)$612,000 (±$23,497)+39.8%Up after inflation
Median owner cost with a mortgage$2,811 (±$161)$3,367 (±$281)+19.8%No measurable change after inflation

The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.

Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.

The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.

Median real estate taxes in places near Franklin Center

Nearest places with a published estimate, compared with Franklin Center
PlaceDistanceMedian real estate taxesCompared with this place
Franklin Center—$10,000 or more—
South Bound Brook Borough1.7 mi$8,709 (±$168)—
Weston1.8 mi$9,793 (±$711)—
Middlebush2.1 mi$9,139 (±$1,593)—
Bound Brook Borough2.5 mi$9,303 (±$410)—
Manville Borough2.6 mi$8,589 (±$291)—
Finderne2.7 mi$7,148 (±$729)—
Somerset2.7 mi$8,224 (±$316)—
Millstone Borough3.6 mi$8,849 (±$164)—

None of the nearby places differs measurably from this one on this figure.

Distance is measured in a straight line between the Census Bureau’s internal points for each place.

Median real estate taxes across Somerset County, place by place

RankPlaceMedian real estate taxes
1 (tie)Basking Ridge$10,000 or more
1 (tie)Belle Mead$10,000 or more
1 (tie)Blackwells Mills$10,000 or more
1 (tie)Bridgewater Center$10,000 or more
1 (tie)Franklin Center$10,000 or more
1 (tie)Green Knoll$10,000 or more
1 (tie)Liberty Corner$10,000 or more
1 (tie)Lyons$10,000 or more
1 (tie)Martinsville$10,000 or more
1 (tie)Neshanic Station$10,000 or more
1 (tie)Six Mile Run$10,000 or more

Showing 11 of 24 places in Somerset County, ranked from highest to lowest.

Franklin Center is a census-designated place: an unincorporated community the Census Bureau draws for statistics, with no municipal government of its own.

It lies inside Franklin Township (Somerset County), whose figures include it.

Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.

Margins of error are at the 90% confidence level.

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Questions about Franklin Center

How much are property taxes in Franklin Center?

The median real estate tax paid by homeowners in Franklin Center, NJ is $10,000 or more a year (2020–2024 American Community Survey).

Sources

To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) and detailed tables (acs/acs5) for Franklin Center CDP, New Jersey (place:24965, in state:34).

Each estimate (E or PE) has a margin of error beside it (M or PM).

The 2015–2019 figures are B25103_001E, B25103_001M, B25077_001E, B25077_001M, B25088_002E, B25088_002M from the 2019 release.

The API needs a free key.

Request a Census API key.

B25103_001E, B25103_001M, B25103_002E, B25103_002M, B25103_003E, B25103_003M, DP04_0089E, DP04_0089M

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.

Figures last updated on .

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