The school operated on the site of the former
Our Lady of Good Counsel High School, which closed in June 2006. The president of Christ the King Prep is Fr. Bob Sandoz. Its founding principal was Kevin P. Cuddihy, the former principal of
St. Peter's Preparatory School in Jersey City and former dean of students at
Xavier High School in Manhattan. For the 2016–17 school year, the cost per student was $12,835, defrayed through a $7,100 corporate internship and $2,700 in financial assistance provided to all students; the net tuition was $2,700 per student. Various retreat opportunities were offered and all students made a retreat in junior year. Student ambassadors were selected to represent the school to the public, and there was an elected student council. On May 7, 2020, the archdiocese announced that "Cristo Rey Newark High School, a member of the Cristo Rey Network®, also will close due to lack of operational viability, as per a resolution adopted by the school’s Board." ==Athletics==