Market Report: The Four Northwest Corridor Boroughs, NJ
Market Report: The Four Northwest Corridor Boroughs, NJ
The Four Northwest Corridor Boroughs housing market is still a seller's market. The median single-family sale price hit $425,000 from Aug 10 to Nov 8, 2026. That's up 2.7% from the 90 days before. Homes sold for 101.3% of list price in a median of 25 days. That's about $60,000 under the Sussex County median.
The Four Northwest Corridor Boroughs are Franklin, Hamburg, Ogdensburg and Sussex Borough. Each one has only a handful of sales in a typical quarter. So I combined them into one report to get numbers you can actually trust. Here's what the last 90 days tell us.
What is the median home price in Franklin, Hamburg, Ogdensburg and Sussex Borough?
The median sale price for a single-family home is $425,000. That's based on 26 sales over the last 90 days.
Last quarter, the median was $414,000. In the older six-month window, from November to May, it was $420,000. So prices are steady, with a small bump this fall. Asking prices climbed more than sale prices did. The median list price of sold homes rose from $387,450 to $412,000. Even so, buyers still paid a little over asking, on average.
Source: Garden State MLS
Are the Northwest Corridor Boroughs cheaper than the rest of Sussex County?
Yes. The $425,000 median here is about $60,000 below the county-wide median of $485,500.
That county figure comes from my Nov 2, 2026 Sussex County report. It's one of the lowest medians I've seen in any of my town reports this fall. For buyers moving up from Passaic, Essex or Bergen counties, that's a big deal. You can often get a real yard and a quieter street for less.
Source: calculated from Garden State MLS data, single-family homes
Are there more homes for sale in the four boroughs?
A few more. There are 25 active single-family listings, up from 23 last quarter.
That's an 8.7% bump in 90 days. Back in the fall and winter window, there were only 16. The median asking price across all listings this quarter was $399,900. So there's still a good mix of homes under $400,000. Buyers have a bit more to choose from than they did last winter.
Source: Garden State MLS
Are homes still selling over asking price?
Yes, but not by as much. Homes sold for a median of 101.3% of list price.
That's down from 101.7% last quarter and 102.7% in the older window. On a $400,000 list price, that's about $5,300 over asking. Last quarter, that same home would have gone for about $6,900 over. Bidding wars still happen on homes that are priced right. They're just a little calmer than they were last spring.
Source: Garden State MLS
How fast are homes selling in the Northwest Corridor Boroughs?
Faster than before. The median home sold in 25 days, down from 34 last quarter.
In the older window, homes took a median of 31 days. Closed sales dipped to 26, down from 30 last quarter. That's a 13.3% drop, but small towns swing like this. It works out to about 9 sales a month across all four boroughs. Good homes aren't sitting around, even with a few more listings out there.
Source: Garden State MLS
Is it still a seller's market in Franklin, Hamburg, Ogdensburg and Sussex?
Yes. A seller's market is when there are more buyers than homes for sale.
One way to measure it is months of supply. Under six months usually means a seller's market. With 25 listings and about 9 sales a month, that's roughly 2.9 months of supply. Last quarter, it was about 2.3 months. So the market is loosening a little, but sellers still have the edge.
Source: calculated from Garden State MLS data
What's it like to live in the Four Northwest Corridor Boroughs?
These are small, close-knit towns with real history and easy Route 23 access.
Franklin, Hamburg and Sussex Borough all sit right on Route 23. Ogdensburg is just off it, a short drive down County Route 517. Route 23 also runs south toward Wayne and Interstate 80. In 1968, New Jersey named Franklin the "Fluorescent Mineral Capital of the World." The Franklin Mineral Museum still draws thousands of visitors a year. Next door, Ogdensburg's Sterling Hill zinc mine closed in 1986. It reopened as the Sterling Hill Mining Museum in 1990.
Franklin, Hamburg and Ogdensburg each run their own K-8 school. Their teens go on to Wallkill Valley Regional High School in Hardyston. Sussex Borough is part of the Sussex-Wantage Regional School District for K-8. Its high schoolers attend High Point Regional High School. One tip: ask whether a home has public water and sewer, or well and septic. It can change from one street to the next.
Sources: Franklin Mineral Museum (Clio); Sterling Hill Mining Museum; Rock & Gem Magazine; Wallkill Valley Regional High School; Sussex-Wantage Regional School District; AARoads: NJ Route 23
What does this mean for buyers and sellers?
Buyers have a little more room. Sellers still get strong offers if they price it right.
If you're buying, get pre-approved before you start touring. Good homes still go in under a month, often over asking. Look closely at the inspection, especially the well, septic and older systems. If you're selling, a fair price from day one matters most. Asking prices rose faster than sale prices this quarter. That tells me some sellers are stretching, and buyers notice. Price it right, and you'll likely sell over asking in a few weeks.
- $425,000 median sale price, Aug 10 to Nov 8, 2026
- +2.7% median price change vs. the prior 90 days
- About $60,000 below the Sussex County median ($485,500)
- 25 active single-family listings, up 8.7%
- 101.3% median sale price as a share of list price
- 25 days median days on market, down from 34
- 26 closed sales, down 13.3%
- About 2.9 months of supply
The Bottom Line
The Four Northwest Corridor Boroughs are still one of the most affordable corners of Sussex County. Prices held steady, homes are selling faster, and buyers have a few more choices. If you've been thinking about a move here, this fall is a good time to look. I'm always happy to walk you through what's happening on your street.
Frequently Asked Questions
What is the median home price in Franklin, Hamburg, Ogdensburg and Sussex Borough?
The combined median single-family sale price was $425,000 from Aug 10 to Nov 8, 2026. That's according to Garden State MLS data.
Are the Four Northwest Corridor Boroughs a seller's market?
Yes. There's about 2.9 months of supply, and anything under six months usually means a seller's market.
How fast are homes selling in Franklin, Hamburg, Ogdensburg and Sussex?
The median home sold in 25 days over the last 90 days. That's faster than the 34 days the quarter before.
Are homes in the Four Northwest Corridor Boroughs cheaper than the rest of Sussex County?
Yes, by about $60,000 at the median. The four boroughs came in at $425,000. The county median in the Nov 2 report was $485,500.
Sources
- Garden State MLS (https://www.gsmls.com/): Market Condition Statistics Report (1004 MC), single-family homes in Franklin Boro, Hamburg Boro, Ogdensburg Boro and Sussex Boro combined, Nov 8, 2025 to Nov 8, 2026. Supports median sale price, list prices, active listings, days on market, closed sales and sale-to-list ratio. Info deemed reliable but not guaranteed.
- Garden State MLS (https://www.gsmls.com/): Sussex County single-family report, Nov 2, 2026. Supports the $485,500 county median.
- The Clio, Franklin Mineral Museum (https://theclio.com/entry/15004): 1968 state resolution naming Franklin the "Fluorescent Mineral Capital of the World" and yearly visitors.
- Wikipedia, Sterling Hill Mining Museum (https://en.wikipedia.org/wiki/Sterling_Hill_Mining_Museum): museum opened in 1990 in Ogdensburg.
- Rock & Gem Magazine (https://www.rockngem.com/sterling-hill-mining-museum/): Sterling Hill Mine closed in 1986.
- Wikipedia, Wallkill Valley Regional High School (https://en.wikipedia.org/wiki/Wallkill_Valley_Regional_High_School): serves Franklin, Hamburg, Hardyston and Ogdensburg, each with its own K-8 district.
- Wikipedia, Sussex-Wantage Regional School District (https://en.wikipedia.org/wiki/Sussex-Wantage_Regional_School_District): K-8 for Sussex Borough and Wantage, then High Point Regional High School.
- AARoads, New Jersey Route 23 (https://wiki.aaroads.com/wiki/NJ-23): Route 23 passes through Franklin, Hamburg and Sussex; Ogdensburg is reached via County Route 517; I-80 interchange in Wayne.
- Months of supply, the county comparison and dollar amounts over asking are estimates calculated from the Garden State MLS figures above.
Nina Fradl is a REALTOR® with United Real Estate North Jersey, serving all of Sussex County, including Andover Boro, Andover Twp, Branchville Boro, Byram Twp, Frankford Twp, Franklin Boro, Fredon Twp, Green Twp, Hamburg Boro, Hampton Twp, Hardyston Twp, Hopatcong Boro, Lafayette Twp, Montague Twp, Newton Town, Ogdensburg Boro, Sandyston Twp, Sparta Twp, Stanhope Boro, Stillwater Twp, Sussex Boro, Vernon Twp, Walpack Twp, and Wantage Twp.
Nina Fradl, REALTOR®
United Real Estate North Jersey
Phone: (973) 490-4999
Email: Nina@NinaFradl.com
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