Foreclosure Homes in Prospect Park, NJ

Buyer vs Seller Market in Prospect Park, NJ

Median home value: $570,436 as of 2026-05-14.

Median rent: $1,820 as of 2026-05-14.

Home values: +0.81% MoM, +9.24% YoY.

Rent: +0.00% MoM, +0.00% YoY.

Rent Prices In Prospect Park, NJ

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Prospect Park, NJ, is on a rollercoaster ride. The average rent price in Prospect Park, NJ, is $1,948.00. Indeed, when looking to rent in Prospect Park, NJ, you can expect to pay as little as $1,180.00 or as much as $3,080.00, with the average rent median estimated to be $1,820.00. The good news is that finding an affordable and desirable property to rent in Prospect Park, NJ -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.