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The median home value in Prospect Park, NJ is $546,232 as of 2026-07-31, up 3.5% from a year earlier.
Median Home Value
$546,232
Year-over-Year
+3.5%
Population
6,310
Prospect Park ranks #119 of 184 New Jersey cities tracked here by median home value, and sits 11.7% below the state's city median of $618,410. It sits in Passaic County, where the county-wide median is $605,390.
Median household income in Prospect Park is $53,125, so the typical home value is about 10.3× annual household income. This is a simple price-to-income benchmark rather than a monthly payment estimate; it does not account for mortgage rates, down payments, taxes or insurance.
Household income comes from the U.S. Census Bureau's ACS 5-Year Estimates, table B19013 (how the affordability measure works).
Prospect Park police recorded a violent crime rate of 95 per 100,000 residents in 2024 — lower than most cities that report to the FBI. Property crime runs at 1,300 per 100,000.
Reported by the city's own police department to the FBI's Uniform Crime Reporting Program (what this covers).
People often call this an average home price, but the figure shown here is Zillow's typical home value (ZHVI), not a simple arithmetic average. In Prospect Park, that value is $546,232. That's up 3.5% from a year earlier. It is about 11.7% below the typical New Jersey city tracked here.
Homes in Prospect Park are cheaper than Passaic County as a whole, where the median is $605,390 — a difference of about 9.8%.
Median household income here is $53,125, so the typical home value is about 10.3× annual household income. This ratio is a broad comparison measure, not a mortgage-payment estimate.
Prospect Park police reported 95 violent crimes per 100,000 residents, covering a population of about 6,310. Crime rates are one input among many — they vary block to block within a city, and this figure is a citywide average.
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