What is the rental vacancy rate in Bernards Township, NJ?
The rental vacancy rate in Bernards Township, NJ is 1.4% (±1.5 points) (2020–2024 American Community Survey).
The homeowner vacancy rate is 0.0% (±0.5 points).
203 (±107) homes, 1.9% of all housing units, were vacant, a count that includes seasonal homes and homes being sold or rented.
In Bernards Township, the rental vacancy rate went from 2.8% in 2015–2019 to 1.4% in 2020–2024 (−1.4 percentage points), not a measurable change.
Figures last updated on .
- Rental vacancy rate
- 1.4% (±1.5 points)
- Homeowner vacancy rate
- 0.0% (±0.5 points)
- Vacant homes
- 203 (±107)
Vacancy in Bernards Township against Somerset County, its state and the nation
| Bernards Township | Somerset County | New Jersey | United States | |
|---|---|---|---|---|
| Rental vacancy rate | 1.4% (±1.5 points) | 2.0% (±0.8 points) | 3.5% (±0.2 points) | 5.5% |
| Homeowner vacancy rate | 0.0% (±0.5 points) | 0.3% (±0.2 points) | 0.7% (±0.1 points) | 0.9% |
| Vacant housing units | 203 (±107) | 2,837 (±431) | 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 Bernards Township, the rental vacancy rate is not measurably different from Somerset County (2.0%).
It is also lower than in New Jersey (3.5%).
It is lower than the national figure (5.5%).
Rental vacancy rate in places near Bernards Township
| Place | Distance | Rental vacancy rate | Compared with this place |
|---|---|---|---|
| Bernards Township | — | 1.4% (±1.5 points) | — |
| Millington | 2.8 mi | 0.0% (±33.1 points) | Not measurably different |
| Far Hills Borough | 3.0 mi | 5.2% (±6.7 points) | Not measurably different |
| The Hills | 3.3 mi | 0.0% (±5.2 points) | Not measurably different |
| Bernardsville Borough | 3.9 mi | 25.5% (±33.8 points) | Not measurably different |
| Warren Township | 3.9 mi | 0.0% (±6.9 points) | Not measurably different |
| Long Hill Township | 4.0 mi | 0.0% (±14.0 points) | Not measurably different |
| Stirling | 4.1 mi | 0.0% (±28.2 points) | Not measurably different |
| Bedminster | 4.9 mi | 3.8% (±5.7 points) | Not measurably different |
None of the nearby places differs measurably from this one on this figure.
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Rental vacancy rate across Somerset County, place by place
| Rank | Place | Rental vacancy rate |
|---|---|---|
| 2 | Green Brook Township | 23.7% (±19.3 points) |
| 3 | Watchung Borough | 19.4% (±18.7 points) |
| 4 | Manville Borough | 10.1% (±8.6 points) |
| 5 | Bridgewater Township | 6.7% (±5.7 points) |
| 6 | Far Hills Borough | 5.2% (±6.7 points) |
| 7 | North Plainfield Borough | 1.8% (±2.0 points) |
| 8 (tie) | Bernards Township | 1.4% (±1.5 points) |
| 8 (tie) | Raritan Borough | 1.4% (±2.2 points) |
| 10 | Somerville Borough | 1.3% (±1.9 points) |
| 11 | Bedminster Township | 0.7% (±1.0 points) |
| 12 | Franklin Township (Somerset County) | 0.5% (±0.6 points) |
| 13 (tie) | Bound Brook Borough | 0.0% (±1.8 points) |
| 13 (tie) | Branchburg Township | 0.0% (±4.6 points) |
Showing 13 of 21 places in Somerset County, ranked from highest to lowest.
The figures for Bernards Township include the places inside it that have pages of their own: Basking Ridge, Liberty Corner, Lyons.
Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.
Margins of error are at the 90% confidence level.
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Questions about Bernards Township
Is it hard to find a rental in Bernards Township?
The rental vacancy rate in Bernards Township, NJ is 1.4% (±1.5 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 Bernards Township tighter than it was?
In Bernards Township, the rental vacancy rate went from 2.8% in 2015–2019 to 1.4% in 2020–2024 (−1.4 percentage points), not a measurable change.
How many homes are vacant in Bernards Township?
An estimated 203 (±107) housing units, 1.9% of the total, including seasonal homes and homes waiting to be sold or rented.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Bernards township, Somerset County, New Jersey
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Bernards township, Somerset County, New Jersey
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 Bernards township, Somerset County, New Jersey (county subdivision:05560, in state:34 county:035).
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.
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.
Figures last updated on .
Related
- Housing in Bernards Township at a glance
- Median rent in Bernards Township
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- Rent burden in Bernards Township
- Renters and owners in Bernards Township
- Income and affordability in Bernards Township
- Home values in Bernards Township
- Homeowner costs in Bernards Township
- Property taxes in Bernards Township
- Types of homes in Bernards Township
- Bedrooms in Bernards Township
- Age of homes in Bernards Township
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- Crime reported to police in Bernards Township
- Population growth in Bernards Township
- How long people stay in Bernards Township
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- New Jersey landlord and tenant rules
- Housing across Somerset County
- New Jersey places ranked by rental vacancy rate
- Housing data for every place in New Jersey