Prospect Park, Passaic County, NJ Housing Trends, Rent, Price-to-Rent

Market Summary

Prospect Park, Passaic County, NJ

Median Home Price Price

$515,783 $515.8K

Median Monthly Rent Rent

$2,436 $2.4K

GRM

18.0x

GRM = Median Home Price divided by annual rent.

Price = Median Home Price.

Rent = Median Monthly Rent.

Trend Insights

Median Rent in Prospect Park, NJ is $2,436, with MoM change +$26 and YoY change +$227 pointing to positive momentum while volatility is low (std $59).

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Metric

Base market Prospect Park, NJ

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Delta vs base

Median rent

$2,436

N/A

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Median price

$515,783

N/A

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YoY change

+$227

N/A

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Price-to-rent

17.6x

Data unavailable

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