What is the rental vacancy rate in Denville Township, NJ?
The rental vacancy rate in Denville Township, NJ is 22.9% (±14.9 points) (2020–2024 American Community Survey).
The homeowner vacancy rate is 0.8% (±1.3 points).
403 (±207) homes, 6.1% of all housing units, were vacant, a count that includes seasonal homes and homes being sold or rented.
In Denville Township, the rental vacancy rate went from 7.6% in 2015–2019 to 22.9% in 2020–2024 (+15.3 percentage points), not a measurable change.
Figures last updated on .
- Rental vacancy rate
- 22.9% (±14.9 points)
- Homeowner vacancy rate
- 0.8% (±1.3 points)
- Vacant homes
- 403 (±207)
Vacancy in Denville Township against Morris County, its state and the nation
| Denville Township | Morris County | New Jersey | United States | |
|---|---|---|---|---|
| Rental vacancy rate | 22.9% (±14.9 points) | 3.3% (±0.8 points) | 3.5% (±0.2 points) | 5.5% |
| Homeowner vacancy rate | 0.8% (±1.3 points) | 0.5% (±0.2 points) | 0.7% (±0.1 points) | 0.9% |
| Vacant housing units | 403 (±207) | 6,261 (±724) | 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 Denville Township, the rental vacancy rate is higher than in Morris County (3.3%).
It is also higher than in New Jersey (3.5%).
It is higher than the national figure (5.5%).
Rental vacancy rate in places near Denville Township
| Place | Distance | Rental vacancy rate | Compared with this place |
|---|---|---|---|
| Denville Township | — | 22.9% (±14.9 points) | — |
| Mount Tabor | 1.3 mi | 0.0% (±59.0 points) | Not measurably different |
| Rockaway Borough | 1.6 mi | 0.0% (±4.1 points) | Lower |
| Rainbow Lakes | 2.0 mi | 0.0% (±22.3 points) | Not measurably different |
| Mountain Lakes Borough | 2.4 mi | 0.0% (±46.6 points) | Not measurably different |
| White Meadow Lake | 2.7 mi | 2.1% (±5.1 points) | Lower |
| Victory Gardens Borough | 3.0 mi | 7.2% (±9.5 points) | Not measurably different |
| Morris Plains Borough | 3.5 mi | 0.0% (±6.0 points) | Lower |
| Dover Town | 3.7 mi | 1.7% (±1.7 points) | Lower |
Nearby places with a measurably lower figure: Rockaway Borough, NJ (0.0%), White Meadow Lake, NJ (2.1%), Morris Plains Borough, NJ (0.0%).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Rental vacancy rate across Morris County, place by place
| Rank | Place | Rental vacancy rate |
|---|---|---|
| 1 | Denville Township | 22.9% (±14.9 points) |
| 2 | Pequannock Township | 14.7% (±10.4 points) |
| 3 | Mount Arlington Borough | 13.8% (±11.7 points) |
| 4 | Mendham Borough | 12.1% (±14.8 points) |
| 5 | Florham Park Borough | 7.8% (±7.5 points) |
| 6 | Victory Gardens Borough | 7.2% (±9.5 points) |
| 7 | Roxbury Township | 6.9% (±6.1 points) |
Showing 7 of 39 places in Morris 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 Denville Township
Is it hard to find a rental in Denville Township?
The rental vacancy rate in Denville Township, NJ is 22.9% (±14.9 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 Denville Township tighter than it was?
In Denville Township, the rental vacancy rate went from 7.6% in 2015–2019 to 22.9% in 2020–2024 (+15.3 percentage points), not a measurable change.
How many homes are vacant in Denville Township?
An estimated 403 (±207) housing units, 6.1% 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 — Denville township, Morris County, New Jersey
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Denville township, Morris 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 Denville township, Morris County, New Jersey (county subdivision:17650, in state:34 county:027).
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
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- Renters and owners in Denville Township
- Income and affordability in Denville Township
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- Property taxes in Denville Township
- Types of homes in Denville Township
- Bedrooms in Denville Township
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- Crime reported to police in Denville Township
- Population growth in Denville Township
- How long people stay in Denville Township
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- New Jersey landlord and tenant rules
- Housing across Morris County
- New Jersey places ranked by rental vacancy rate
- Housing data for every place in New Jersey