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For the 2025-26 school year, there are 2 public schools serving 823 students in Franklin, NJ (there are , serving 179 private students). 82% of all K-12 students in Franklin, NJ are educated in public schools (compared to the NJ state average of 86%).

The top-ranked public schools in Franklin, NJ are Hardyston Township Elementary School and Franklin Borough School. Overall testing rank is based on a school's combined math and reading proficiency test score ranking.

Franklin, NJ public schools have an average math proficiency score of 37% (versus the New Jersey public school average of 38%), and reading proficiency score of 51% (versus the 49% statewide average). Schools in Franklin have an average ranking of 5/10, which is in the bottom 50% of New Jersey public schools.

Minority enrollment is 35% of the student body (majority Hispanic), which is less than the New Jersey public school average of 62% (majority Hispanic).