What is the rental vacancy rate in Prospect Park Borough, NJ?

Name: Vacancy rate in Prospect Park Borough, NJ, 2020–2024
Creator: US Census Bureau
License: https://www.census.gov/data/developers/about/terms-of-service.html

The rental vacancy rate in Prospect Park Borough, NJ is 4.0% (±3.7 points) (2020–2024 American Community Survey).

The homeowner vacancy rate is 0.0% (±4.9 points).

119 (±64) homes, 5.4% of all housing units, were vacant, a count that includes seasonal homes and homes being sold or rented.

In Prospect Park Borough, the rental vacancy rate went from 5.3% in 2015–2019 to 4.0% in 2020–2024 (−1.3 percentage points), not a measurable change.

Figures last updated on November 12, 2026.

Rental vacancy rate: 4.0% (±3.7 points)
Homeowner vacancy rate: 0.0% (±4.9 points)
Vacant homes: 119 (±64)

Vacancy in Prospect Park Borough against Passaic County, its state and the nation

Estimate (90% margin of error)
	Prospect Park Borough	Passaic County	New Jersey	United States
Rental vacancy rate	4.0% (±3.7 points)	2.1% (±0.4 points)	3.5% (±0.2 points)	5.5%
Homeowner vacancy rate	0.0% (±4.9 points)	0.6% (±0.2 points)	0.7% (±0.1 points)	0.9%
Vacant housing units	119 (±64)	6,880 (±776)	283,653 (±4,943)	14,547,859

The rental vacancy rate is the share of rental homes that are vacant and for rent; it leaves out homes already rented but not yet moved into, and seasonal homes.

In Prospect Park Borough, the rental vacancy rate is not measurably different from Passaic County (2.1%).

It is not measurably different from New Jersey (3.5%).

It is not measurably different from the national figure (5.5%).

Rental vacancy rate in places near Prospect Park Borough

Nearest places with a published estimate, compared with Prospect Park Borough
Place	Distance	Rental vacancy rate	Compared with this place
Prospect Park Borough	—	4.0% (±3.7 points)	—
Haledon Borough	0.8 mi	1.9% (±2.6 points)	Not measurably different
Hawthorne Borough	1.3 mi	1.9% (±1.6 points)	Not measurably different
North Haledon Borough	1.6 mi	0.0% (±20.6 points)	Not measurably different
Paterson	1.9 mi	2.4% (±0.6 points)	Not measurably different
Preakness	2.7 mi	2.7% (±2.8 points)	Not measurably different
Glen Rock Borough	2.8 mi	0.0% (±11.8 points)	Not measurably different
Fair Lawn Borough	3.0 mi	0.2% (±0.4 points)	Lower
Totowa Borough	3.6 mi	2.4% (±3.7 points)	Not measurably different

Nearby places with a measurably lower figure: Fair Lawn Borough, NJ (0.2%).

Distance is measured in a straight line between the Census Bureau’s internal points for each place.

Rental vacancy rate across Passaic County, place by place

Rank	Place	Rental vacancy rate
1	Little Falls Township	9.1% (±6.7 points)
2	Prospect Park Borough	4.0% (±3.7 points)
3	Woodland Park Borough	3.4% (±3.7 points)
4	Wayne Township	2.8% (±2.1 points)
5 (tie)	Paterson	2.4% (±0.6 points)
5 (tie)	Totowa Borough	2.4% (±3.7 points)
7 (tie)	Haledon Borough	1.9% (±2.6 points)
7 (tie)	Hawthorne Borough	1.9% (±1.6 points)

Showing 8 of 16 places in Passaic County, ranked from highest to lowest.

Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.

Margins of error are at the 90% confidence level.

What you can do on Seayora in Prospect Park Borough

One account for renting, owning, managing and fixing homes, with these figures beside you.

Looking for a place to rent?

Browse homes for rent near Prospect Park Borough, save the ones you like and apply online.

Browse rentals · Create a renter account

Own or manage a rental?

List it, sign the lease and collect rent online, with the figures for Prospect Park Borough beside you.

Create a landlord account · See what landlords get

Do repairs, renovations or maintenance?

Get found by owners and renters near Prospect Park Borough, and send estimates and invoices from your phone.

Join as a pro · Find a pro

Questions about Prospect Park Borough

Is it hard to find a rental in Prospect Park Borough?

The rental vacancy rate in Prospect Park Borough, NJ is 4.0% (±3.7 points); a low rate means few rental homes stand empty and for rent at any time, which usually means more competition for each one.

Is the rental market in Prospect Park Borough tighter than it was?

In Prospect Park Borough, the rental vacancy rate went from 5.3% in 2015–2019 to 4.0% in 2020–2024 (−1.3 percentage points), not a measurable change.

How many homes are vacant in Prospect Park Borough?

An estimated 119 (±64) housing units, 5.4% of the total, including seasonal homes and homes waiting to be sold or rented.

Sources

To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) for Prospect Park borough, Passaic County, New Jersey (county subdivision:61170, in state:34 county:031).

Each estimate (E or PE) has a margin of error beside it (M or PM).

The 2015–2019 figures are DP04_0005E, DP04_0005M from the 2019 release.

The API needs a free key.

Request a Census API key.

DP04_0005E, DP04_0005M, DP04_0004E, DP04_0004M, DP04_0003E, DP04_0003M, DP04_0003PE, DP04_0003PM

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.