What is the rental vacancy rate in Bound Brook Borough, NJ?

The rental vacancy rate in Bound Brook Borough, NJ is 0.0% (±1.8 points) (2020–2024 American Community Survey).

The homeowner vacancy rate is 0.3% (±0.4 points).

102 (±76) homes, 2.2% of all housing units, were vacant, a count that includes seasonal homes and homes being sold or rented.

In Bound Brook Borough, the rental vacancy rate went from 7.5% in 2015–2019 to 0.0% in 2020–2024 (−7.5 percentage points), a measurable decrease.

Figures last updated on .

Rental vacancy rate
0.0% (±1.8 points)
Homeowner vacancy rate
0.3% (±0.4 points)
Vacant homes
102 (±76)

Vacancy in Bound Brook Borough against Somerset County, its state and the nation

Estimate (90% margin of error)
Bound Brook BoroughSomerset CountyNew JerseyUnited States
Rental vacancy rate0.0% (±1.8 points)2.0% (±0.8 points)3.5% (±0.2 points)5.5%
Homeowner vacancy rate0.3% (±0.4 points)0.3% (±0.2 points)0.7% (±0.1 points)0.9%
Vacant housing units102 (±76)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 Bound Brook Borough, the rental vacancy rate is lower than in 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 Bound Brook Borough

Nearest places with a published estimate, compared with Bound Brook Borough
PlaceDistanceRental vacancy rateCompared with this place
Bound Brook Borough—0.0% (±1.8 points)—
South Bound Brook Borough1.1 mi0.0% (±5.8 points)Not measurably different
Finderne2.0 mi7.4% (±11.1 points)Not measurably different
Middlesex Borough2.1 mi4.6% (±6.7 points)Not measurably different
Franklin Center2.5 mi0.0% (±6.4 points)Not measurably different
Martinsville3.2 mi18.2% (±24.7 points)Not measurably different
Manville Borough3.3 mi10.1% (±8.6 points)Higher
Weston3.7 mi0.0% (±78.0 points)Not measurably different
Somerville Borough3.7 mi1.3% (±1.9 points)Not measurably different

Nearby places with a measurably higher figure: Manville Borough, NJ (10.1%).

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

RankPlaceRental vacancy rate
7North Plainfield Borough1.8% (±2.0 points)
8 (tie)Bernards Township1.4% (±1.5 points)
8 (tie)Raritan Borough1.4% (±2.2 points)
10Somerville Borough1.3% (±1.9 points)
11Bedminster Township0.7% (±1.0 points)
12Franklin Township (Somerset County)0.5% (±0.6 points)
13 (tie)Bound Brook Borough0.0% (±1.8 points)
13 (tie)Branchburg Township0.0% (±4.6 points)
13 (tie)Hillsborough Township0.0% (±1.3 points)
13 (tie)Millstone Borough0.0% (±74.4 points)
13 (tie)Montgomery Township0.0% (±3.4 points)
13 (tie)Peapack and Gladstone Borough0.0% (±20.5 points)
13 (tie)Rocky Hill Borough0.0% (±40.3 points)

Showing 13 of 21 places in Somerset 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.

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Questions about Bound Brook Borough

Is it hard to find a rental in Bound Brook Borough?

The rental vacancy rate in Bound Brook Borough, NJ is 0.0% (±1.8 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 Bound Brook Borough tighter than it was?

In Bound Brook Borough, the rental vacancy rate went from 7.5% in 2015–2019 to 0.0% in 2020–2024 (−7.5 percentage points), a measurable decrease.

How many homes are vacant in Bound Brook Borough?

An estimated 102 (±76) housing units, 2.2% 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 Bound Brook borough, Somerset County, New Jersey (county subdivision:06790, 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.

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.

Figures last updated on .

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