Frank Pallone
Photo: US House, Public domain, via Wikimedia Commons

Frank Pallone Net Worth

U.S. Representative for New Jersey
DemocratHouseNew JerseyMillionaire
Estimated net worth (midpoint)
$4.4M
Range: $2.55M to $6.23M
Source: U.S. House Clerk, 2025 annual report filed May 15, 2026. Updated October 25, 2026.
How to read this: members of Congress report each asset and debt in a value band (for example, $1,001 to $15,000), not an exact amount. We add up the low ends and the high ends, then subtract debts the same way, to get the widest possible range. The midpoint is simply the middle of that range, not a measured value. The forms do not include a home the official lives in (unless it earns rent), cars and personal belongings, or federal retirement savings such as the Thrift Savings Plan, so true net worth can be higher. We also leave out mortgages on homes the report does not list as assets (Washington, DC), because the homes themselves are not counted either.

Frank Pallone’s net worth over time

$0$2M$4M$6M$8M◂ Took office (1988), before the first report shown2013: $1.7M to $5.96M (2013 annual report, filed June 4, 2014)2014: $1.33M to $4.96M (2014 annual report, filed May 15, 2015)2015: $1.23M to $4.76M (2015 annual report, filed May 16, 2016)2016: $1.13M to $4.2M (Amendment to 2016 annual report, filed May 15, 2018)2017: $1.03M to $4.02M (2017 annual report, filed May 15, 2018)2018: $1.52M to $4.81M (2018 annual report, filed May 14, 2019)2019: $1.58M to $4.88M (2019 annual report, filed August 12, 2020)2020: $1.89M to $4.91M (Amendment to 2020 annual report, filed May 16, 2022)2021: $2.21M to $5.5M (2021 annual report, filed May 16, 2022)2022: $1.75M to $4.47M (2022 annual report, filed May 15, 2023)2023: $2.57M to $6.21M (2023 annual report, filed May 15, 2024)2024: $2.54M to $6.23M (2024 annual report, filed May 14, 2025)2025: $2.55M to $6.23M (2025 annual report, filed May 15, 2026)Midpoint $3.83MMidpoint $3.14MMidpoint $3MMidpoint $2.67MMidpoint $2.52MMidpoint $3.16MMidpoint $3.23MMidpoint $3.4MMidpoint $3.86MMidpoint $3.11MMidpoint $4.39MMidpoint $4.39MMidpoint $4.39M2013201420152016201720182019202020212022202320242025

Swipe the chart to see every year →

Disclosed range (low to high)MidpointTook office

He took office in 1988. The House's online database has his electronic reports from 2013 on, so we can't show his wealth when he first took office. Every bar is one official report, added up the same way. Nothing is filled in between reports. Tap or hover a bar for details.

See every year as a table
YearNet worth rangeMidpointSource
2013$1.7M to $5.96M$3.83M2013 annual report, filed June 4, 2014
2014$1.33M to $4.96M$3.14M2014 annual report, filed May 15, 2015
2015$1.23M to $4.76M$3M2015 annual report, filed May 16, 2016
2016$1.13M to $4.2M$2.67MAmendment to 2016 annual report, filed May 15, 2018
2017$1.03M to $4.02M$2.52M2017 annual report, filed May 15, 2018
2018$1.52M to $4.81M$3.16M2018 annual report, filed May 14, 2019
2019$1.58M to $4.88M$3.23M2019 annual report, filed August 12, 2020
2020$1.89M to $4.91M$3.4MAmendment to 2020 annual report, filed May 16, 2022
2021$2.21M to $5.5M$3.86M2021 annual report, filed May 16, 2022
2022$1.75M to $4.47M$3.11M2022 annual report, filed May 15, 2023
2023$2.57M to $6.21M$4.39M2023 annual report, filed May 15, 2024
2024$2.54M to $6.23M$4.39M2024 annual report, filed May 14, 2025
2025$2.55M to $6.23M$4.39M2025 annual report, filed May 15, 2026

Since the earliest online report (2013)

+$849K
change in the low end ($1.7M → $2.55M)
+$266K
change in the high end ($5.96M → $6.23M)
+$557K
change in the midpoint ($3.83M → $4.39M)

Compares the 2013 report with the 2025 report, using the same method for both. He took office in 1988. The House's online database has his electronic reports from 2013 on, so we can't show his wealth when he first took office. Changes can come from a spouse’s assets, market moves, property values, new debts or how filers choose bands, and the forms do not say which. We do not guess.

What the latest report lists

Real estate in Long Branch, NJ (Half Interest)$500K–$1M
F&J Pallone Realty, LLC – Long Branch, NJ property 1 (Half Interest)$500K–$1M
F&J Pallone Realty, LLC – Long Branch, NJ property 2 (Half Interest)$500K–$1M
F&J Pallone Realty, LLC – Long Branch, NJ property 3 (Half Interest)$250K–$500K
Debt: Mortgage on Real Estate, Long Branch, NJ, Wells Fargo Bank, Long Branch, NJ$15,001–$50,000
Debt: Revolving Credit, Congressional Federal Credit Union$15,001–$50,000
Two mortgages on homes not listed as assets (left out of our totals)$350K–$750K

From the 2025 report filed May 15, 2026. Highlights only. The full report is linked in the sources below.

Where the money comes from

Congressional salarySpouse's investmentsMutual funds and ETFsStocksBank and cash accountsReal estate

Main sources named in the disclosures and the reporting we cite. The forms don’t split the total into exact amounts, so we don’t show percentages.

Frank Pallone reported household assets minus debts of $2.55M to $6.23M, a midpoint of about $4.39M, on his latest financial disclosure (2025 annual report, filed May 15, 2026).

Frank Pallone has represented New Jersey in the U.S. House since 1988, in a district now numbered the 6th that includes New Brunswick, Woodbridge, Edison and Asbury Park.

A lawyer, he is the ranking member of the House Energy and Commerce Committee.

What his 2025 disclosure shows

The report he filed on May 15, 2026 covers 2025. It lists 69 assets with a value, adding up to $2.7 million to $6.3 million. The largest are Real estate in Long Branch, NJ (Half Interest) ($500K–$1M); F&J Pallone Realty, LLC – Long Branch, NJ property 1 (Half Interest) ($500K–$1M) and F&J Pallone Realty, LLC – Long Branch, NJ property 2 (Half Interest) ($500K–$1M). Another seven items are listed with no value or an undetermined value, such as a pension, so they are not counted.

On the debt side, the report lists two debts adding up to $30,000 to $100,000. The largest is a mortgage on real estate in Long Branch, NJ with Wells Fargo Bank, in the $15,001–$50,000 band. Subtracting debts the same way gives a range of $2.6 million to $6.2 million, with a midpoint of about $4.4 million. It also lists 2 mortgages on a home the report does not list as an asset. As on all our House profiles, we leave those debts out because the home's value is not counted either.

How the range has changed

Using the same method for every year, the midpoint of his disclosed range went from about $3.8 million on his 2013 report to about $4.4 million on his 2025 report. The highest midpoint was about $4.4 million, on the 2023 report. The lowest was about $2.5 million, in 2017. The chart shows 13 reports from 2013 to 2025, each added up the same way, and nothing is filled in between them.

These are ranges built from the value bands on each form, not exact values. They move with market prices, property values, new or paid-off debts and the bands a filer picks, and the forms do not say which of these caused a change. Like every member of Congress, Pallone does not have to report a home he lives in, cars and personal belongings, or federal retirement savings such as the Thrift Savings Plan, so his real net worth could be higher than these forms show.

Career and money timeline

  1. 1988

    Takes office in the U.S. House.

  2. 2013

    Earliest report in the House's online database: range of $1.7 million to $6 million (midpoint $3.8 million).

  3. 2023

    Highest midpoint in the online reports: $4.4 million (range $2.6 million to $6.2 million).

  4. 2025

    Latest report: range of $2.6 million to $6.2 million (midpoint $4.4 million).

Frank Pallone net worth FAQ

What is Frank Pallone's net worth?

Frank Pallone's 2025 financial disclosure puts household assets minus debts at $2.55M to $6.23M, a midpoint of about $4.39M. Officials report values in ranges, so this is an estimate, not an exact figure.

Where does this number come from?

From Frank Pallone's official annual financial disclosure, filed with the Clerk of the House on May 15, 2026. We add up every asset and debt band on the form. The same method is used for every year on the chart.

Has Frank Pallone's net worth changed since taking office?

Compared with the earliest online report (2013), the low end of the range went from $1.7M to $2.55M and the high end from $5.96M to $6.23M. He took office in 1988. The House's online database has his electronic reports from 2013 on, so we can't show his wealth when he first took office.

What are Frank Pallone's largest assets?

On his 2025 report, the largest holdings are Real estate in Long Branch, NJ (Half Interest) ($500K–$1M); F&J Pallone Realty, LLC – Long Branch, NJ property 1 (Half Interest) ($500K–$1M); F&J Pallone Realty, LLC – Long Branch, NJ property 2 (Half Interest) ($500K–$1M). Values are reported in bands, not exact amounts.

Sources

  1. Clerk of the U.S. House, Financial Disclosure Reports database (accessed October 25, 2026). Filings used for the chart:
  2. House Committee on Ethics, Financial Disclosure Instruction Guide (calendar year 2025). What is and isn’t reported.
  3. Background facts: Wikipedia, Frank Pallone (accessed October 25, 2026). Used for career facts only, never for figures.

Photo: US House, Public domain, via Wikimedia Commons.

Every number on this page comes from an official filing or the named report next to it. We never fill in years with our own guesses, and this page is not a judgment about how the money was made. How we handle estimates.