What is the rental vacancy rate in Fort Lee Borough, NJ?

The rental vacancy rate in Fort Lee Borough, NJ is 5.4% (±2.4 points) (2020–2024 American Community Survey).

The homeowner vacancy rate is 0.6% (±0.6 points).

1,392 (±362) homes, 7.1% of all housing units, were vacant, a count that includes seasonal homes and homes being sold or rented.

In Fort Lee Borough, the rental vacancy rate went from 5.6% in 2015–2019 to 5.4% in 2020–2024 (−0.2 percentage points), not a measurable change.

Figures last updated on .

Rental vacancy rate
5.4% (±2.4 points)
Homeowner vacancy rate
0.6% (±0.6 points)
Vacant homes
1,392 (±362)

Vacancy in Fort Lee Borough against Bergen County, its state and the nation

Estimate (90% margin of error)
Fort Lee BoroughBergen CountyNew JerseyUnited States
Rental vacancy rate5.4% (±2.4 points)3.0% (±0.5 points)3.5% (±0.2 points)5.5%
Homeowner vacancy rate0.6% (±0.6 points)0.6% (±0.2 points)0.7% (±0.1 points)0.9%
Vacant housing units1,392 (±362)14,486 (±1,042)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 Fort Lee Borough, the rental vacancy rate is not measurably different from Bergen County (3.0%).

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

It is not measurably different from the national figure (5.5%).

Rental vacancy rate in places near Fort Lee Borough

Nearest places with a published estimate, compared with Fort Lee Borough
PlaceDistanceRental vacancy rateCompared with this place
Fort Lee Borough—5.4% (±2.4 points)—
Leonia Borough1.3 mi6.6% (±6.7 points)Not measurably different
Palisades Park Borough1.4 mi0.0% (±0.9 points)Lower
Edgewater Borough1.8 mi9.8% (±5.2 points)Not measurably different
Cliffside Park Borough2.2 mi2.9% (±3.3 points)Not measurably different
Ridgefield Borough2.6 mi0.5% (±0.8 points)Lower
Ridgefield Park Village2.6 mi2.1% (±2.2 points)Lower
Fairview Borough2.6 mi2.5% (±2.4 points)Not measurably different
Englewood Cliffs Borough2.7 mi1.8% (±2.9 points)Not measurably different

Nearby places with a measurably lower figure: Palisades Park Borough, NJ (0.0%), Ridgefield Borough, NJ (0.5%), Ridgefield Park Village, NJ (2.1%).

Distance is measured in a straight line between the Census Bureau’s internal points for each place.

Rental vacancy rate across Bergen County, place by place

RankPlaceRental vacancy rate
8Midland Park Borough6.7% (±7.9 points)
9Leonia Borough6.6% (±6.7 points)
10Montvale Borough6.4% (±9.7 points)
11Ridgewood Village5.9% (±5.4 points)
12Little Ferry Borough5.8% (±5.8 points)
13East Rutherford Borough5.6% (±4.7 points)
14Fort Lee Borough5.4% (±2.4 points)
15Garfield4.3% (±1.8 points)
16 (tie)Cresskill Borough4.1% (±6.4 points)
16 (tie)Lyndhurst Township4.1% (±2.8 points)
18Hackensack3.9% (±2.0 points)
19Wood-Ridge Borough3.1% (±5.0 points)
20 (tie)Cliffside Park Borough2.9% (±3.3 points)

Showing 13 of 70 places in Bergen 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 Fort Lee Borough

Is it hard to find a rental in Fort Lee Borough?

The rental vacancy rate in Fort Lee Borough, NJ is 5.4% (±2.4 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 Fort Lee Borough tighter than it was?

In Fort Lee Borough, the rental vacancy rate went from 5.6% in 2015–2019 to 5.4% in 2020–2024 (−0.2 percentage points), not a measurable change.

How many homes are vacant in Fort Lee Borough?

An estimated 1,392 (±362) housing units, 7.1% 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 Fort Lee borough, Bergen County, New Jersey (county subdivision:24420, in state:34 county:003).

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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