Housing & Real Estate — Prospect Park, New Jersey

Overview

Total Housing Units2,176
Occupied2,045
Vacant131
Owner-Occupied821
Renter-Occupied1,224
Median Home Value (Census)$406,800
Estimated 2026~$445,000
Median Rent$1,794/mo
Median Property Tax$10,001/yr

Affordability

Home Price to Income RatioN/Ax
Home Affordabilityvery expensive
Rent as % of Income40.5%
Severely Rent-Burdened71.2%

Housing Age

Built 2010 or later20
Built 2000-200935
Built 1990-199914
Built before 19601,665
Median Year Built1946
Sources: Census ACS 5-Year 2023; Census ACS 5-Year 2023, B25077; HUD FMR FY2026.