$3,907 Closing Credit¹
#3943005, Listing Office: COLDWELL BANKER REALTY HIL
Prospect Park Housing Market Report January 2025•Passaic County, New Jersey
Housing Prices in Prospect Park, NJ
How much do homes in Prospect Park, NJ cost?
Median List Price
$349,000$329/SqFt
-$85,000
-19.6%
Based on all homes listed in January 2025
Insight
The list price of homes in Prospect Park has decreased by 19.6% since December.
Summary: The median home list price in Prospect Park was $349,000 in January 2025, down 19.6% from the previous month, and the median price per square foot was $329.
Median List Price By Bedrooms
| Beds | Dec 2024 | Jan 2025 | Change YoY |
|---|---|---|---|
| 11 Bedroom | - | - | N/A |
| 22 Bedrooms | $349K | $349K | 0.0% |
| 33 Bedrooms | $449K | $575K | +28.1% |
| 44 Bedrooms | $545K | $545K | 0.0% |
| 55+ Bedrooms | - | - | N/A |
Summary: Prospect Park housing price by bedroom type for January 2025, compared to the previous year. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes did not change. The home price for 3 bedroom homes increased by +28.1%. The home price for 4 bedroom homes did not change. The home price for 5 bedroom homes did not change.
Housing supply in Prospect Park, NJ
How many homes are available in Prospect Park, NJ?
Number of Homes For Sale
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 6Last MonthJan 2025 | ||
| 102 months agoDec 2024 | -40.0 % Change MoMDec – Jan |
Summary: The Prospect Park real estate market had 6 homes for sale in Jan 2025, a 40.0 % decrease compared to Dec 2024.
Homes For Sale By Bedroom Count
| Beds | Dec 2024 | Jan 2025 | Change MoM |
|---|---|---|---|
| 11 Bedroom | 0 | 0 | 0.0% |
| 22 Bedrooms | 4 | 4 | 0.0% |
| 33 Bedrooms | 3 | 1 | -66.7% |
| 44 Bedrooms | 3 | 1 | -66.7% |
| 55+ Bedrooms | 0 | 0 | 0.0% |
Summary: Prospect Park housing inventory by bedroom type for January 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes remained the same. The inventory for 3 bedroom homes decreased by -66.7%. The inventory for 4 bedroom homes decreased by -66.7%. The inventory for 5 bedroom homes remained the same.
Days on Market for Prospect Park, NJ
How long does it take to sell a home in Prospect Park, NJ?
Average Listing Age
| Last Month | 1 month ago | Change MoM |
|---|---|---|
| 64 DaysLast MonthJan 2025 | ||
| 49 Days1 month agoDec 2024 | +29.4 % Change MoMDec – Jan |
Summary: Homes in Prospect Park had an average listing age of 64 days in Jan 2025, up by 29.4% compared to the previous month.
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Newest Listings in Prospect Park, NJ
What homes are available in Prospect Park, NJ?
$3,907 Closing Credit¹
#25001933, Ellen McCourt, Listing Office: Coldwell Banker, Hillsdale
$4,144 Closing Credit¹
#24036944, Richard D. Tillman Jr., Listing Office: RE/MAX Town & Valley
$4,144 Closing Credit¹
#3934980, Listing Office: RE/MAX TOWN & VALLEY
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MLS Disclaimers and Copyright
Based on information from Garden State MLS, and New Jersey MLS for the period 12/01/2024 - 02/01/2025
Information deemed reliable but not guaranteed. Copyright © 2025 Garden State Multiple Listing Service, L.L.C. All rights reserved.
Disclaimer: The data relating to real estate for sale on this website comes in part from the IDX Program of Garden State Multiple Listing Service, L.L.C. Real estate listings held by other brokerage firms are marked as an IDX Listing. Information deemed reliable but not guaranteed.
Notice: The dissemination of listings displayed herein does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.
The information on this web site is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. We are not responsible or liable for misinformation, misprints, or typographical errors. All information provided is deemed reliable but is not guaranteed and should be independently verified through personal inspection by and/or with the appropriate professionals. Properties subject to prior sale, change, withdrawal or rental.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/21/2025, 3:20:48 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Disclaimer: The data relating to real estate for sale on this website comes in part from the IDX Program of Garden State Multiple Listing Service, L.L.C. Real estate listings held by other brokerage firms are marked as an IDX Listing. Information deemed reliable but not guaranteed.
Notice: The dissemination of listings displayed herein does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.
The information on this web site is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. We are not responsible or liable for misinformation, misprints, or typographical errors. All information provided is deemed reliable but is not guaranteed and should be independently verified through personal inspection by and/or with the appropriate professionals. Properties subject to prior sale, change, withdrawal or rental.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/21/2025, 3:20:48 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Disclaimer: The data relating to the real estate for sale on this web site comes in part from the Internet Data Exchange Program of the NJMLS. Real estate listings held by brokerage firms other than Rocket Homes Real Estate, LLC are marked with the Internet Data Exchange logo and information about them includes the name of the listing brokers. Information provided is for consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties listed with the participating brokers do not appear on this website at the request of the seller. Listings of brokers that do not participate in Internet Data Exchange do not appear on this website.
All information deemed reliable but not guaranteed. Source: New Jersey Multiple Listing Service, Inc. Copyright© 2025 New Jersey Multiple Listing Service, Inc. All rights reserved.
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Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/21/2025, 3:20:56 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.