Prospect Park, NJ housing market
The typical Prospect Park home is worth about $545,000, up 3.8% in a year, 6% below the New Jersey typical home.
Home values, sales, trends and how Prospect Park compares with the towns next door — updated as new data is published.
Prospect Park at a glance
Only 4 sales in May 2026: in a market this size, monthly medians swing a lot, so the typical value above is the steadier guide.
Typical home value, 2016–2026
Show as a table
| January | Prospect Park | New Jersey |
|---|---|---|
| 2017 | $246,000 | $317,000 |
| 2018 | $265,000 | $330,000 |
| 2019 | $287,000 | $343,000 |
| 2020 | $319,000 | $358,000 |
| 2021 | $366,000 | $394,000 |
| 2022 | $415,000 | $441,000 |
| 2023 | $432,000 | $471,000 |
| 2024 | $473,000 | $511,000 |
| 2025 | $517,000 | $551,000 |
| 2026 | $532,000 | $568,000 |
| August 2026 | $545,000 | $580,000 |
Prospect Park and its neighbors
| Town | Typical value | 1-yr change | Days on market | Median income |
|---|---|---|---|---|
| Prospect Park | $545K | +3.8% | — | $53,125 |
| Paterson | $537K | +4.8% | 55 | $55,997 |
| Haledon | $567K | +4.7% | 47 | $95,870 |
| Hawthorne | $647K | +6% | 24 | $110,237 |
| North Haledon | $720K | +6.1% | 66 | $125,313 |
10.3 years of income
The typical Prospect Park home costs about 10.3 years of the town's median household income, more than across New Jersey (5.6 years).
How Prospect Park ranks on affordability →
Home value ÷ ACS median household income.
Owners, rent & taxes
U.S. Census Bureau, ACS 2020-2024.
Home values: Zillow Home Value Index (ZHVI), Zillow Research, August 2026. Sales, days on market and supply: Redfin Data Center, May 2026. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Listings link to their publishers.