What is the rental vacancy rate in Commercial Township, NJ?

The rental vacancy rate in Commercial Township, NJ is 1.5% (±2.5 points) (2020–2024 American Community Survey).

The homeowner vacancy rate is 5.1% (±5.3 points).

249 (±145) homes, 11.1% of all housing units, were vacant, a count that includes seasonal homes and homes being sold or rented.

In Commercial Township, the rental vacancy rate went from 0.0% in 2015–2019 to 1.5% in 2020–2024 (+1.5 percentage points), not a measurable change.

Figures last updated on .

Rental vacancy rate
1.5% (±2.5 points)
Homeowner vacancy rate
5.1% (±5.3 points)
Vacant homes
249 (±145)

Vacancy in Commercial Township against Cumberland County, its state and the nation

Estimate (90% margin of error)
Commercial TownshipCumberland CountyNew JerseyUnited States
Rental vacancy rate1.5% (±2.5 points)4.3% (±1.5 points)3.5% (±0.2 points)5.5%
Homeowner vacancy rate5.1% (±5.3 points)1.1% (±0.5 points)0.7% (±0.1 points)0.9%
Vacant housing units249 (±145)3,501 (±475)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 Commercial Township, the rental vacancy rate is not measurably different from Cumberland County (4.3%).

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

It is lower than the national figure (5.5%).

Rental vacancy rate in places near Commercial Township

Nearest places with a published estimate, compared with Commercial Township
PlaceDistanceRental vacancy rateCompared with this place
Commercial Township—1.5% (±2.5 points)—
Downe Township4.7 mi10.1% (±12.6 points)Not measurably different
Maurice River Township6.4 mi12.4% (±19.6 points)Not measurably different
Centre Grove7.7 mi0.0% (±74.4 points)Not measurably different
Millville8.1 mi2.1% (±2.3 points)Not measurably different
Lawrence Township (Cumberland County)8.6 mi0.0% (±29.7 points)Not measurably different
Fairfield Township (Cumberland County)12 mi8.5% (±10.0 points)Not measurably different
Gouldtown12 mi4.0% (±6.1 points)Not measurably different
Woodbine Borough13 mi3.1% (±4.9 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 Cumberland County, place by place

RankPlaceRental vacancy rate
2Maurice River Township12.4% (±19.6 points)
3Downe Township10.1% (±12.6 points)
4Fairfield Township (Cumberland County)8.5% (±10.0 points)
5Vineland5.5% (±3.3 points)
6Bridgeton4.7% (±1.8 points)
7Millville2.1% (±2.3 points)
8Commercial Township1.5% (±2.5 points)
9 (tie)Deerfield Township0.0% (±23.6 points)
9 (tie)Greenwich Township (Cumberland County)0.0% (±63.7 points)
9 (tie)Hopewell Township (Cumberland County)0.0% (±15.8 points)
9 (tie)Lawrence Township (Cumberland County)0.0% (±29.7 points)
9 (tie)Shiloh Borough0.0% (±100.0 points)
9 (tie)Upper Deerfield Township0.0% (±6.8 points)

Showing 13 of 14 places in Cumberland County, ranked from highest to lowest.

The figures for Commercial Township include the places inside it that have pages of their own: Laurel Lake, Port Norris.

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 Commercial Township

Is it hard to find a rental in Commercial Township?

The rental vacancy rate in Commercial Township, NJ is 1.5% (±2.5 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 Commercial Township tighter than it was?

In Commercial Township, the rental vacancy rate went from 0.0% in 2015–2019 to 1.5% in 2020–2024 (+1.5 percentage points), not a measurable change.

How many homes are vacant in Commercial Township?

An estimated 249 (±145) housing units, 11.1% 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 Commercial township, Cumberland County, New Jersey (county subdivision:14710, in state:34 county:011).

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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