Franklin Township features a robust, diverse economy with major business districts concentrated in its Somerset section and along the Route 27 corridor. The area is a significant hub for the pharmaceutical, telecommunications, and information technology sectors, boasting several large corporate parks. The Route 27 corridor, particularly around Franklin Park, serves as a bustling retail and commercial strip featuring local businesses, grocery chains, and professional services. The township's proximity to Rutgers University in neighboring New Brunswick also fosters a steady environment for research, development, and tech startups.
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