Prospect Park, NJ Real Estate
According to census data in the year 2000 there were 1,889 housing units in Prospect Park.
This represents a 0.3% growth from 1,883 in 1990.
Of those housing units, 1,889 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in Prospect Park is about 47.9%.
Prospect Park's vacancy rate, including seasonal lodging, is about 3.5%.
Average household size is 3.17 people.
The majority of houses, apartments or condos in Prospect Park were built after 1946.
|Housing Units by Size|
|Five Bedrooms or more||4%|
Owned Homes, Apartments and Condos
|Average Household Size||3.69|
|Median year structure was built||1939|
|Median Value of occupied units||$137,600|
Rented Homes, Apartments and Condos
|Average Household Size||2.69|
|Median year structure was built||1950|
Owners Finance Status
|Second Mortgage & Equity Loan||0%|
|Home Equity Loan||2.50%|
|Median part of Monthly Household Income dedicated to covering home ownership costs||23.7%|