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. Franchise affiliates also benefit from an association with the venerable Sotheby's auction house, established in 1744.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. Sotheby's International Realty Affiliates LLC supports its affiliates with a host of operational, marketing, recruiting, educational and business development resources. Affiliations in the system are granted only to brokerages and individuals meeting strict qualifications. The agreement provided for the licensing of the Sotheby's International Realty name and the development of a full franchise system. In February 2004, Realogy entered into a long-term strategic alliance with Sotheby's, the operator of the auction house. (NYSE: RLGY), a global leader in real estate franchising and provider of real estate brokerage, relocation and settlement services. Sotheby's International Realty Affiliates LLC is a subsidiary of Realogy Holdings Corp. About Sotheby’s International Realty Affiliates LLCįounded in 1976 to provide independent brokerages with a powerful marketing and referral program for luxury listings, the Sotheby's International Realty network was designed to connect the finest independent real estate companies to the most prestigious clientele in the world.
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