What is the rental vacancy rate in Manville Borough, NJ?
The rental vacancy rate in Manville Borough, NJ is 10.1% (±8.6 points) (2020–2024 American Community Survey).
The homeowner vacancy rate is 1.6% (±1.8 points).
215 (±143) homes, 4.6% of all housing units, were vacant, a count that includes seasonal homes and homes being sold or rented.
In Manville Borough, the rental vacancy rate went from 1.6% in 2015–2019 to 10.1% in 2020–2024 (+8.5 percentage points), not a measurable change.
Figures last updated on .
- Rental vacancy rate
- 10.1% (±8.6 points)
- Homeowner vacancy rate
- 1.6% (±1.8 points)
- Vacant homes
- 215 (±143)
Vacancy in Manville Borough against Somerset County, its state and the nation
| Manville Borough | Somerset County | New Jersey | United States | |
|---|---|---|---|---|
| Rental vacancy rate | 10.1% (±8.6 points) | 2.0% (±0.8 points) | 3.5% (±0.2 points) | 5.5% |
| Homeowner vacancy rate | 1.6% (±1.8 points) | 0.3% (±0.2 points) | 0.7% (±0.1 points) | 0.9% |
| Vacant housing units | 215 (±143) | 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 Manville Borough, the rental vacancy rate is not measurably different from Somerset County (2.0%).
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 Manville Borough
| Place | Distance | Rental vacancy rate | Compared with this place |
|---|---|---|---|
| Manville Borough | — | 10.1% (±8.6 points) | — |
| Weston | 1.5 mi | 0.0% (±78.0 points) | Not measurably different |
| Finderne | 1.6 mi | 7.4% (±11.1 points) | Not measurably different |
| Somerville Borough | 2.2 mi | 1.3% (±1.9 points) | Not measurably different |
| Franklin Center | 2.6 mi | 0.0% (±6.4 points) | Not measurably different |
| Millstone Borough | 2.9 mi | 0.0% (±74.4 points) | Not measurably different |
| Bound Brook Borough | 3.3 mi | 0.0% (±1.8 points) | Lower |
| South Bound Brook Borough | 3.4 mi | 0.0% (±5.8 points) | Not measurably different |
| Bridgewater Township | 3.6 mi | 6.7% (±5.7 points) | Not measurably different |
Nearby places with a measurably lower figure: Bound Brook 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 Somerset County, place by place
| Rank | Place | Rental vacancy rate |
|---|---|---|
| 1 | Bernardsville Borough | 25.5% (±33.8 points) |
| 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) |
Showing 10 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 Manville Borough
Is it hard to find a rental in Manville Borough?
The rental vacancy rate in Manville Borough, NJ is 10.1% (±8.6 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 Manville Borough tighter than it was?
In Manville Borough, the rental vacancy rate went from 1.6% in 2015–2019 to 10.1% in 2020–2024 (+8.5 percentage points), not a measurable change.
How many homes are vacant in Manville Borough?
An estimated 215 (±143) housing units, 4.6% 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 — Manville borough, Somerset County, New Jersey
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Manville borough, 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 Manville borough, Somerset County, New Jersey (county subdivision:43620, 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
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- Population growth in Manville Borough
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- New Jersey landlord and tenant rules
- Housing across Somerset County
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- Housing data for every place in New Jersey