Workforce & Industrial Development

Nestled in Bergen County, Franklin Lakes stands out as a strategic location for industrial and advanced manufacturing operations in northern New Jersey. The borough benefits from its proximity to major transportation corridors, including Interstate 287, Route 208, and the nearby Garden State Parkway, making it ideal for regional distribution and logistics. Access to the Port of New York and New Jersey, as well as Newark Liberty International Airport, further enhances connectivity for both domestic and international supply chains.

Industrial real estate in Franklin Lakes and the surrounding Bergen County market remains in high demand, with limited inventory and rising lease rates reflecting the desirability of the area. Developers are increasingly focused on modernizing existing sites and redeveloping underutilized parcels to meet the needs of today’s manufacturers and distributors.

Franklin Lakes benefits from New Jersey’s robust workforce and business incentive programs. The New Jersey Economic Development Authority (NJEDA) offers a range of grants, tax credits, and financing solutions to attract and retain businesses. Workforce development initiatives, such as the New Jersey Community College Consortium for Workforce and Economic Development, provide customized training to help employers upskill their teams in manufacturing, logistics, and technology.

Regional partnerships, including those led by Bergen County Economic Development, support site selection, permitting, and workforce recruitment, making Franklin Lakes a compelling choice for companies seeking a well-connected, business-friendly environment.