Prospect Park New Jersey Real Estate
Prospect Park, New Jersey, is located in Passaic County, 1 miles NW of Paterson, New Jersey and 17 miles NW of New York, New York. Prospect Park has a population of 5,779.
Prospect Park Homes
Prospect Park properties pool is 1,822 residential properties including Prospect Park new homes. Median age of real estate in Prospect Park is 1946. Average Household size is 3.56 people. 2% are one bedroom homes, 29% are 2 bedroom homes, 45% are 3 bedroom homes, 17% are 4 bedroom homes, and 7% are 5+ bedroom homes.
Prospect Park Mortgage Statistics
Prospect Park mortgages vs. USA median statistics
| Homes |
Prospect Park |
USA |
| Homes With No Mortgage |
24% |
30% |
| Homes With Mortgage |
76% |
70% |
| First Mortgage Only |
66% |
54% |
| First & Second Mortgage or HELOC |
10% |
16% |
Prospect Park Area Real Estate Tax
Prospect Park Real estate Tax: Median Real Estate Taxes (2000) were $3,723 comparing to 1999 Median Family income $ 49,405. Compare to USA median yearly Real Estate Tax $1,300 and USA median Family Income $42,000 (1999).
Prospect Park School District: Children make up 29.6% of Prospect Park population. Prospect Park has 1,709 under 18 years old residents, or 0.69 kids per one worker, or 0.94 kids per one household.
Prospect Park Real Estate & Prospect Park Homeownership
There are 309.74 or 17% one person households, 437.28 or 24% two person households, and 364.4 or 20% three person households in Prospect Park, New Jersey. Median residents age is 30.9, Senior citizens (65+) make up 510 or 8.8%% of Prospect Park population.
There are 2,477 workers (over 16 years of age) in Prospect Park. Of these, 89.14% drive to work. Approximately 5.77% of workers in Prospect Park take public transportation. An estimated 2.95% walk to work.
Median Prospect Park homeowner's housing expences are 23.7%
Crime in Prospect Park (2003), crimes per 10,000 residents per year
| Type of Crime |
Prospect Park |
USA, 2003 |
| Violent Crimes |
5.19 |
47.5 |
| Robberies |
1.73 |
14.2 |
| Aggravated Assaults |
NaN |
29.5 |
| Property Crimes |
110.75 |
358.8 |
| Burglaries |
5.19 |
74.0 |
| Larceny-Thefts |
69.22 |
241.5 |
| Motor Vehicle Thefts |
36.34 |
43.3 |
Invest in Prospect Park Properties
When making a decision about buying real estate in Prospect Park New Jersey area, you should consider following statistical data:
| Category |
Prospect Park |
USA |
| Near Medium City |
Paterson, New Jersey |
- |
| Near Large City |
New York, New York |
- |
| Prospect Park Zip Codes |
07508 |
- |
| Prospect Park Area Codes |
973 |
- |
| White population |
61.17% |
75.1% |
| African-American population |
13.65% |
12.3% |
| Asian |
3.15% |
3.6% |
| American Indian & Alaskan |
0.42% |
0.9% |
| Hispanic (of any race) |
38.26% |
12.5% |
| Median Family Income (1999) |
$ 49,405% |
$42,000 |
| Population Below Poverty Level |
9.95% |
12.4% |
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