Median Age
34 Years
Largest Age Group
15-24 Years
Approximately 15% of Residents
Under 20
29%
Over 65
12%
Prospect Park is a quaint suburb in northeast New Jersey lined with spacious, longstanding homes. This mainly residential community offers excellent public schools and a sprawling city park. Hofstra Park features playgrounds, a splash pad, a baseball field, basketball court, and tennis courts — not to mention wooded walking trails and a community garden.
Prospect Park is situated just east of William Paterson University, home to the Shea Center for Performing Arts. Prospect Park is surrounded by local and chain dining options like the Shepard and the Knucklehead Pub and Bottagra, a high-end Italian eatery. Several historic buildings sit near Prospect Park, including the American Labor Museum and the Brownstone, a historic landmark turned upscale restaurant and event venue. Prospect Park is a great suburb for commuters due to its close proximity to the city of Paterson, located only two miles south of town and home to the Paterson Great Falls National Historical Park.
Median Household Income
$51,371
Average: $74,752
Education
923
Residents Have a Degree
Job Market
2,386
Workers Employed
Median Age
34 Years
Largest Age Group
15-24 Years
Approximately 15% of Residents
Under 20
29%
Over 65
12%
Housing Distribution
Prospect Park has more renters than homeowners.
Education Distribution
Review this city's overall education levels.
Explore how walkable, bikeable, drivable, and transit-friendly Prospect Park, NJ is for everyday living.
Moderately Walkable
Walkability
Limited Public Transit
Transit
Moderately Drivable
Drivability
Fairly Bikeable
Bikeability
Number 1, Prospect Park Elementary School
Public
Grades PK-8
761 Students
Number 1, Prospect Park Elementary School
Public
Grades PK-8
761 Students
The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process.
View GreatSchools Rating Methodology
Data provided by
GreatSchools.org
© 2026. All rights reserved.
† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.
Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.
Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in February 2026.
Demographic information comes from Neustar and combines detailed address data with U.S. Census and American Community Survey statistics to produce reliable local estimates.