How much does it cost to buy a house in Prospect Park, NJ?

In June 2026 Prospect Park homes were listed to buy for a median price of $590K, The median value of a home listed to buy in Prospect Park in June 2026 was $226 per sqft, which is a 29% decrease to May 2025 last month, and a 29% decrease to June 2025 last year.

Is it affordable or expensive to live in Prospect Park, NJ?

It is expensive to live in Prospect Park. Buying a home in Prospect Park is 1% more expensive compared with the national average.

Is it a good time to buy property in Prospect Park, NJ?

Yes now is a good time to buy property in Prospect Park, in June 2026, homes in Prospect Park have decreased in value (price per sqft) by 29% in the last year compared with June 2025.

Is the Prospect Park, NJ housing market slowing down?

In June 2026, homes to buy in Prospect Park spent an median 117 days on the market, a same June 2025 last year.

What are the best and safest places to live in Prospect Park, NJ?

The best and safest neighborhoods to live in Prospect Park in June 2026 are Bunker Hill, Wrigley Park, Montclair Heights, Middle Village, Albion, Lakeview, Athenia, Eastside, Maple Valley, Richfield, Dutch Hill, South Paterson, Sandy Hill, Downtown Paterson, Hillcrest, Northside, Botany Section, Old Great Falls Historic District, Little Lima, Manor Section

How much money should I make to buy a house in Prospect Park, NJ?

In June 2026, Prospect Park homes were listed to buy for a median price of $590K, with 25% down you would need $3.91K/month to cover expenses and assume that's 35% of your total monthly income, your total yearly income would need to be $134K.

Is it a good time to sell my house in Prospect Park, NJ?

Yes now is a good time to sell your house in Prospect Park, in June 2026, homes in Prospect Park have decreased in value (price per sqft) by 29% in the last year compared with June 2025.