Abundance of Recreation: Franklin has parks, playgrounds, soccer fields, baseball fields, basketball courts, canoe launches, golf courses, and bike trails.Scenic Neighborhoods: Franklin offers both bustling thoroughfares and serene, wooded country lanes.Suitable for Any Budget: Franklin provides homes for every budget, including 3-4 bedroom ranches and 1960s colonials.Affordable Taxes: Franklin has one of the lowest tax rates in Central NJ ($1.90 per $100 of assessed valuation).
Diverse Real Estate: Franklin offers varied homes, from small 2-bedroom houses to grand 14,000 sq ft mansions set back from the road.Highly Ranked Lifestyle: Franklin Township was #5 on Money magazine's list of America's Top 100 Best Places to Live.Read on to discover a few things to consider before moving to Franklin Township, New Jersey. Understanding the job market, entertainment scene, climate, and other factors can help predict the expected lifestyle once the move is complete. However, before making a move to any new community, it's necessary to conduct research to understand if Franklin Township is a good place to live. Incoming residents can definitely find a home among Franklin's townhouses and condos or the township's new construction homes. However, the 1990 population was only 42,780, indicating a significant commercial and residential growth explosion in the last 30 years. The community grew by more than 5% in the last decade, indicating a steady and stable local economy. With a 2019 population of 65,642, it's the largest city in Somerset County, New Jersey. However, even today, it's mostly considered a rural community. Regardless, the area survived as a farming community up to the 20th century when new developments modernized the town. Opinions differ on whether the city was named for Benjamin Franklin himself or one of his sons. First formed in the 1700s, the area now called Franklin Township was incorporated in 1798 and eventually named for a member of the Franklin family.
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