What is the rental vacancy rate in Montclair Township, NJ?
The rental vacancy rate in Montclair Township, NJ is 2.4% (±1.9 points) (2020–2024 American Community Survey).
The homeowner vacancy rate is 0.0% (±0.5 points).
795 (±234) homes, 4.8% of all housing units, were vacant, a count that includes seasonal homes and homes being sold or rented.
In Montclair Township, the rental vacancy rate went from 5.5% in 2015–2019 to 2.4% in 2020–2024 (−3.1 percentage points), a measurable decrease.
Figures last updated on .
- Rental vacancy rate
- 2.4% (±1.9 points)
- Homeowner vacancy rate
- 0.0% (±0.5 points)
- Vacant homes
- 795 (±234)
Vacancy in Montclair Township against Essex County, its state and the nation
| Montclair Township | Essex County | New Jersey | United States | |
|---|---|---|---|---|
| Rental vacancy rate | 2.4% (±1.9 points) | 2.7% (±0.3 points) | 3.5% (±0.2 points) | 5.5% |
| Homeowner vacancy rate | 0.0% (±0.5 points) | 0.7% (±0.2 points) | 0.7% (±0.1 points) | 0.9% |
| Vacant housing units | 795 (±234) | 17,174 (±1,028) | 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 Montclair Township, the rental vacancy rate is not measurably different from Essex County (2.7%).
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 Montclair Township
| Place | Distance | Rental vacancy rate | Compared with this place |
|---|---|---|---|
| Montclair Township | — | 2.4% (±1.9 points) | — |
| Glen Ridge Borough | 1.4 mi | 0.0% (±18.2 points) | Not measurably different |
| Bloomfield Township | 1.7 mi | 1.2% (±1.0 points) | Not measurably different |
| Brookdale | 1.7 mi | 2.2% (±3.6 points) | Not measurably different |
| Verona Township | 1.8 mi | 0.0% (±3.7 points) | Not measurably different |
| Cedar Grove Township | 2.5 mi | 0.0% (±5.6 points) | Not measurably different |
| Watsessing | 2.7 mi | 0.8% (±1.1 points) | Not measurably different |
| Nutley Township | 2.9 mi | 1.6% (±2.4 points) | Not measurably different |
| Great Notch | 3.2 mi | 0.0% (±10.6 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 Essex County, place by place
| Rank | Place | Rental vacancy rate |
|---|---|---|
| 3 | Millburn Township | 4.5% (±4.6 points) |
| 4 | Caldwell Borough | 3.2% (±3.5 points) |
| 5 | Newark | 3.1% (±0.5 points) |
| 6 | Livingston Township | 2.9% (±4.7 points) |
| 7 | East Orange | 2.8% (±1.2 points) |
| 8 | Orange | 2.6% (±1.8 points) |
| 9 | Montclair Township | 2.4% (±1.9 points) |
| 10 | Belleville Township | 2.0% (±1.5 points) |
| 11 | Maplewood Township | 1.8% (±2.1 points) |
| 12 | Nutley Township | 1.6% (±2.4 points) |
| 13 | Irvington Township | 1.5% (±0.7 points) |
| 14 | Bloomfield Township | 1.2% (±1.0 points) |
| 15 | South Orange Village | 0.7% (±1.1 points) |
Showing 13 of 22 places in Essex County, ranked from highest to lowest.
The figures for Montclair Township include the places inside it that have pages of their own: Upper Montclair.
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 Montclair Township
Is it hard to find a rental in Montclair Township?
The rental vacancy rate in Montclair Township, NJ is 2.4% (±1.9 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 Montclair Township tighter than it was?
In Montclair Township, the rental vacancy rate went from 5.5% in 2015–2019 to 2.4% in 2020–2024 (−3.1 percentage points), a measurable decrease.
How many homes are vacant in Montclair Township?
An estimated 795 (±234) housing units, 4.8% 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 — Montclair township, Essex County, New Jersey
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Montclair township, Essex 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 Montclair township, Essex County, New Jersey (county subdivision:47500, in state:34 county:013).
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
- Housing in Montclair Township at a glance
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- Renters and owners in Montclair Township
- Income and affordability in Montclair Township
- Home values in Montclair Township
- Homeowner costs in Montclair Township
- Property taxes in Montclair Township
- Types of homes in Montclair Township
- Bedrooms in Montclair Township
- Age of homes in Montclair Township
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- Crime reported to police in Montclair Township
- Population growth in Montclair Township
- How long people stay in Montclair Township
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- Local landlord and tenant rules in Montclair Township
- New Jersey landlord and tenant rules
- Housing across Essex County
- New Jersey places ranked by rental vacancy rate
- Housing data for every place in New Jersey