HomeNew JerseyPassaic CountyProspect Park borough
Prospect Park borough, New Jersey: commercial real estate data.
Prospect Park borough 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.
66 sourced place values · tier FULL · 7 sections · 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
- Ninetieth percentile 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
A charge-off rate is not published here. only 0 resolved loans, too few to publish a rate, and a rate over that few outcomes would move several points on one loan.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Passaic County, not Prospect Park
Passaic County context, not Prospect Park figures
These are Passaic County figures. There is no place level equivalent published for any of them, so they are shown as the county backdrop and never as Prospect Park measurements.
- Establishments in Passaic County12,406
- Employment at those establishments, Passaic County146,956
- Covered employment, Passaic County170,830
- Average annual pay, Passaic County$63,668
- Average weekly wage, Passaic County$1,224
- Housing units permitted, Passaic County852
- Of those, single family, Passaic County209
- County product, 2024, Passaic County$29,073,802,000
- County product change over the prior year, Passaic County5.1 percent
- Average income of an arriving household, Passaic County$74,324
Every figure in this section is published for Passaic County as a whole and is not a measurement of Prospect Park. It is here because a county backdrop is what a credit committee reads a place against, and it is labelled so that it can never be quoted as the place's own.
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. US Bureau of Economic Analysis, Regional, table CAGDP2, CAGDP2, through 2024. US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Coverage
What this page does not hold.
Every item below could be filled with a plausible figure. None of them is. On a page a lender may read, a number that cannot be traced is worse than an absence, so the absences are named.
- This place is not listed as a community in the FEMA Community Status Book, so no NFIP participation or CRS class is shown.
- Parcel level detail, zoning and flood zone at an address are resolved in the platform, not on this page.
SBA figures count approvals to borrowers whose address is in the place. They are not approvals for projects inside the place boundary: the tape records a borrower city and a project county, and those can differ.
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 totalling $75,000, 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 resolved loans, too few to publish a rate, and a percentage over that few outcomes would move several points on a single loan. The counts are shown instead.
Are the county figures on this page Prospect Park figures?
No, and they are labelled 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?
Not yet. The zoning layer is in build. Nothing on this page presents parcel level zoning.