Prospect Park, NJ Overview

Prospect Park blends a limited commercial sector with attractive residential neighborhoods of well-kept, older homes.  Both communities enjoy the beauty of a hilly region and the close proximity of Willowbrook Mall, one of the finest shopping centers in the state.  Transportation efficiencies include easy access to Interstate 80 and Route 20, although New Jersey Transit bus service is available to key destinations.  Tennis courts, playgrounds, athletic fields, league sports, a nature area, and special programs for children are among the recreational opportunities close to home.

Summary

Population Growth (since 2000)3%
Population Density (ppl / mile)12,507.00
Household Size (ppl)3.264
Households w/ Children47%

Housing Stability

Annual Residential Turnover0%
5+ Years in Residency22%
Median Year in Residency2.72

Housing Inventory

Prospect Park, NJ Housing Inventory 968142852968142852

Market Overview

5 listings with an estimated median price of $415,000

PriceCount
$300K - 400K1
$400K - 500K3
$500K - 600K1
Property TypeCount
Single Family3
Rental2
Multi Family2

(Data as of 3/14/2024)

Population Demographics

The population of the community broken down by age group. The numbers at the top of each bar indicate the number of people in the age bracket below.

Prospect Park, NJ Population Demographics

Total: 5,941

Households:1,820

Median Age: 34.36

Climate and Weather

The Temperature chart displays average high and low values for January and July, and is designed to provide an indication of both seasonal and daily temperature variability. The Weather Risk Index indicates the calculated risk of each type of weather event occurring in the future. This risk is based on historical localized storm events and weather patterns. The national average for each type of weather event equals a score of 100, so a score of 200 would represent twice the risk as the national average, and a score of 50 would represent half the risk of the national average.

Temperature (degrees F)

Prospect Park, NJ Temperature

Weather Risk

Prospect Park, NJ Weather Risk

Education

The Community Educational Index chart is based on the U.S. Census Bureau's Socioeconomic Status (SES) elements. Factors used in creating the index below are income, educational achievement, and occupation of persons within the selected ZIP code. Since this index is based on the population of an entire Zip code, it may not reflect the nature of an individual school.

Education Climate Index

Prospect Park, NJ Education Climate Index

Highest Education Level Attained

Prospect Park, NJ Highest Education Level Attained 1,4223262871235002158961,422326287123500

Employment and Finance

Workforce

Prospect Park, NJ Workforce

Income by dollar range (Median Income: $55,069)

Prospect Park, NJ Income by dollar range 1267494115838310070921441782372039657381614

Fair Market Rents

The Fair Market Rents show average gross rent estimates based on figures provided by the U.S. Department of Housing and Urban Development (HUD).

Studio
$1,178
One Bedroom
$1,328
Two Bedroom
$1,557
Three Bedroom
$2,001
Four Bedroom
$2,362

Smoking Ban

The Smoking Ban data indicates whether an area has a smoking ban in place for workplaces, restaurants or bars. This information represents that of the search area and may not reflect that of the whole County or State.

Workplaces
Yes
Restaurants
Yes
Bars
Yes

Crime

The Crime Index compares the risk or probability of future occurrence of certain types of crime in this community as compared to the national average. The national average for each type of crime equals a score of 1.0, so a score of 2.0 would represent twice the risk as the national average, and a score of 0.50 would represent half the risk of the national average.

Prospect Park, NJ Crime

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