Prospect Park, NJ 07508
Local brokerage serving residential buyers, sellers and renters.
Prospect Park Housing Guide
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.
| Indicator | Current / recent measure | Source period |
|---|---|---|
| Median sale price | $595,000 | Redfin, 3 months ending July 2026 |
| Year-over-year sale-price change | +14.4% | Redfin, July 2026 |
| Median sale price per sq. ft. | $289 | Redfin, July 2026 |
| Average days on market | 51 days | Redfin, July 2026 |
| Homes sold in July | 13 | Redfin, July 2026 |
| Typical home value | $546,232 | Zillow, updated July 31, 2026 |
| Typical-value change | +3.5% year over year | Zillow, July 31, 2026 |
| Median listing price | About $590,000 | Realtor.com current snapshot, September 2026 |
ACS 2020–2024 estimates report about 2,184 housing units in the borough.
About 39.7% of housing units are owner occupied and 54.9% renter occupied, with the remainder vacant in the ACS estimate.
The ACS 2020–2024 estimate for owner-occupied housing value is $406,800, a historical survey measure rather than a 2026 market price.
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.
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.
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 brokerage serving residential buyers, sellers and renters.
Local real-estate office.
Local tax and financial services that may be relevant to owners and investors.
Standard free commercial listings do not include private business website links.
Real-estate professionals, property managers and related local services can request enhanced paid placement. Standard local directory listings remain intentionally link-free.
Advertising & Enhanced ListingsMarket 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.