HomeNew JerseyPassaic CountyProspect Park
Prospect Park, New Jersey: commercial real estate data.
Prospect Park is a Census borough of 6,319 people across 0.47 square miles of land, in Passaic County. Median household income is $53,125, 42.0 percent of occupied homes are owned, and the SBA record carries 1 7(a) approvals to borrowers here worth $75,000 since FY2020.
Underlined figures are computed by MMCG Analytics, not published by the agency.
Prospect Park
What Prospect Park is
- Census place typeborough
- Land area0.47 sq mi
- Water area0.01 sq mi
- Population per square mile of land13,582
- County holding the largest share of its areaPassaic County, 100.0 percent
US Census Bureau, cartographic boundary file, places, 2024 vintage. US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Prospect Park
How many people live in Prospect Park
- Population6,319
- Median age36.2
- Population under 181,849 plus or minus 410
- Share under 1829.3 percent plus or minus 6.5
- Population 65 and over763 plus or minus 260
- Share 65 and over12.1 percent plus or minus 4.1
- Households2,065
- Family households1,405
- Share of households that are families68.0 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Prospect Park
Income and work in Prospect Park
- Median household income$53,125
- Per capita income$28,785
- Civilian labor force3,187
- Employed2,821
- Unemployed366 plus or minus 223
- Unemployment rate11.5 percent plus or minus 6.9
- Adults 25 and over3,976
- Adults 25 and over with a high school diploma or higher89.2 percent
- Adults 25 and over with a bachelor degree or higher31.1 percent plus or minus 8.0
- Adults 25 and over with a graduate degree7.3 percent plus or minus 3.1
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Prospect Park
Housing in Prospect Park
- Housing units2,184
- Occupied units2,065
- Vacant units119 plus or minus 64
- Vacancy rate5.4 percent plus or minus 2.9
- Owner occupied867 plus or minus 265
- Renter occupied1,198 plus or minus 260
- Ownership rate42.0 percent plus or minus 11.5
- Median owner-occupied home value$406,800
- Median gross rent, monthly$1,647
- Annual rent as a share of median income37.2 percent plus or minus 8.1
- Single family units593 plus or minus 237
- Share single family27.2 percent plus or minus 10.3
- Units in buildings of two or more1,591
- Share in buildings of two or more72.8 percent
- Mobile homes0
- Median year structure built1938
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Prospect Park
How Prospect Park gets to work
- Workers 16 and over who commute2,594
- Commuting under 15 minutes272 plus or minus 125
- Share commuting under 15 minutes10.5 percent plus or minus 4.7
- Commuting 30 minutes or more738 plus or minus 244
- Share commuting 30 minutes or more28.5 percent plus or minus 8.8
- Drove alone67.6 percent
- Carpooled15.9 percent plus or minus 8.2
- Public transport1.7 percent plus or minus 1.8
- Walked1.3 percent plus or minus 1.1
- Worked from home7.2 percent plus or minus 5.1
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Prospect Park
SBA loans in Prospect Park (7(a))
- Approvals1
- Gross approval$75,000
- Average approval$75,000
- Median approval$75,000
- Largest approval$75,000
- Jobs supported0
- Jobs per approval0.0
- Loans with a final outcome0
- Paid in full0
- Charged off0
- Median term120 months
- Share on real estate terms of 20 years or more0.0 percent
- Share to franchises0.0 percent
- Distinct lenders1
- Distinct industries by NAICS1
Counted by borrower city: approvals to borrowers whose address is in Prospect Park, in any county, FY2020 to FY2026. Only 0 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Prospect Park
Flood risk in Prospect Park
- NFIP communityBorough of Prospect Park
- NFIP community number340406
- Participating in the NFIPYes
- Community Rating System classNone
- Currently effective map date04/17/20
The Borough of Prospect Park participates in the National Flood Insurance Program as community 340406 and carries no Community Rating System class, so no CRS premium discount applies to it.
Federal Emergency Management Agency, NFIP Community Status Book (OpenFEMA), as of 2026-09-26.
Passaic County, not Prospect Park
Passaic County context, not Prospect Park figures
- Establishments in Passaic County12,406
- Covered employment, Passaic County170,830
- Average annual pay, Passaic County$63,668
- Housing units permitted, Passaic County852
Every figure in this section is published for Passaic County as a whole and is not a measurement of Prospect Park.
US Census Bureau, County Business Patterns, 2023. US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages. US Census Bureau, Building Permits Survey, 2024 annual.
Coverage
What this page does not hold.
Parcel detail, zoning and the flood zone at an address are not on this page; they resolve at the address in the platform. How this page was built →
Common questions
Prospect Park questions, answered from the record.
How many people live in Prospect Park, New Jersey?
6,319, in 2,065 households. Prospect Park borough covers 0.47 square miles of land, which is 13,582 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
What county is Prospect Park in?
Passaic County, which holds 100.0 percent of the place by area. Source: US Census Bureau, cartographic boundary file, places, 2024 vintage.
What is the median household income in Prospect Park?
$53,125. The median owner-occupied home is valued at $406,800. Median gross rent is $1,647 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
How much SBA lending goes to Prospect Park businesses?
1 7(a) approvals totaling $75,000 since FY2020, across 1 lenders, median approval $75,000. These count approvals to borrowers whose address is in Prospect Park, not projects sited inside the place boundary, and they are approvals recorded in the release rather than loans disbursed.
Do SBA loans to Prospect Park borrowers get paid back?
No rate is published for Prospect Park. Only 0 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published. The counts are shown instead.
Is Prospect Park in the National Flood Insurance Program?
Yes. Prospect Park appears in the FEMA Community Status Book as Prospect Park, borough of, community 340406, with no Community Rating System class, so no CRS discount applies. Whether a specific parcel sits in a mapped special flood hazard area is an address level question the platform answers.
Are the county figures on this page Prospect Park figures?
No, and they are labeled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for Passaic County as a whole and there is no place level equivalent. They appear in one clearly marked section as context and are never presented as measurements of Prospect Park.
Is zoning published for Prospect Park?
No. Nothing on this page presents parcel level zoning.