Prospect Park Housing Guide

Real Estate

Prospect Park's housing market reflects its very compact, densely developed street grid. Single-family, two-family and other small multifamily properties sit close to neighborhood commercial corridors, with a larger renter share than many suburban North Jersey communities.

Market-data note: Sale-price, listing-price and home-value measures describe different things. The snapshots below are dated and should not be treated as appraisals or live asking prices.

2026 market snapshot

IndicatorCurrent / recent measureSource period
Median sale price$595,000Redfin, 3 months ending July 2026
Year-over-year sale-price change+14.4%Redfin, July 2026
Median sale price per sq. ft.$289Redfin, July 2026
Average days on market51 daysRedfin, July 2026
Homes sold in July13Redfin, July 2026
Typical home value$546,232Zillow, updated July 31, 2026
Typical-value change+3.5% year over yearZillow, July 31, 2026
Median listing priceAbout $590,000Realtor.com current snapshot, September 2026

Housing context

2,184 housing units

ACS 2020–2024 estimates report about 2,184 housing units in the borough.

Owner vs. renter mix

About 39.7% of housing units are owner occupied and 54.9% renter occupied, with the remainder vacant in the ACS estimate.

Median owner value

The ACS 2020–2024 estimate for owner-occupied housing value is $406,800, a historical survey measure rather than a 2026 market price.

Compact lots & mixed-use edges

Many blocks have closely spaced homes, while Haledon Avenue and North 8th Street include commercial and mixed-use properties that give the borough a more urban pattern than lower-density suburbs.

Residential zoning

Prospect Park's land-development code includes multiple residential districts and standards for single-, two-family, townhouse and other permitted residential forms depending on zone.

Due diligence

Buyers and investors should verify zoning, legal unit count, certificates, flood information, taxes and permitted uses with official records rather than relying only on a listing description.

Local real-estate services

Real Estate AgencyA New Day Realty
148 Haledon Ave
Prospect Park, NJ 07508
973-595-1112

Local brokerage serving residential buyers, sellers and renters.

Real Estate AgencyPetra Realty
307A N 8th St
Prospect Park, NJ 07508
973-904-3306

Local real-estate office.

Tax / FinancialProspect Park Financial & Tax
232 N 7th St
Prospect Park, NJ 07508
973-956-8002

Local tax and financial services that may be relevant to owners and investors.

Standard free commercial listings do not include private business website links.

Official property resources

Real-estate advertising on NJTGO

Real-estate professionals, property managers and related local services can request enhanced paid placement. Standard local directory listings remain intentionally link-free.

Advertising & Enhanced Listings

Market indicators were reviewed in September 2026 from Redfin, Zillow, Realtor.com and ACS/Census sources. Real-estate conditions change continuously; verify a specific property's value, status, zoning, taxes and legal use independently.