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

The rental vacancy rate in Neptune Township, NJ is 4.4% (±2.9 points) (2020–2024 American Community Survey).

The homeowner vacancy rate is 1.8% (±1.5 points).

1,488 (±259) homes, 11.6% of all housing units, were vacant, a count that includes seasonal homes and homes being sold or rented.

In Neptune Township, the rental vacancy rate went from 4.2% in 2015–2019 to 4.4% in 2020–2024 (+0.2 percentage points), not a measurable change.

Figures last updated on .

Rental vacancy rate
4.4% (±2.9 points)
Homeowner vacancy rate
1.8% (±1.5 points)
Vacant homes
1,488 (±259)

Vacancy in Neptune Township against Monmouth County, its state and the nation

Estimate (90% margin of error)
Neptune TownshipMonmouth CountyNew JerseyUnited States
Rental vacancy rate4.4% (±2.9 points)4.2% (±0.8 points)3.5% (±0.2 points)5.5%
Homeowner vacancy rate1.8% (±1.5 points)0.7% (±0.2 points)0.7% (±0.1 points)0.9%
Vacant housing units1,488 (±259)18,703 (±1,063)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 Neptune Township, the rental vacancy rate is not measurably different from Monmouth County (4.2%).

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 Neptune Township

Nearest places with a published estimate, compared with Neptune Township
PlaceDistanceRental vacancy rateCompared with this place
Neptune Township—4.4% (±2.9 points)—
Neptune City Borough1.4 mi0.0% (±7.5 points)Not measurably different
Wanamassa2.1 mi0.0% (±16.1 points)Not measurably different
Bradley Beach Borough2.4 mi6.6% (±4.6 points)Not measurably different
Asbury Park2.4 mi3.0% (±1.8 points)Not measurably different
Interlaken Borough2.4 mi0.0% (±72.8 points)Not measurably different
Avon-by-the-Sea Borough2.6 mi1.6% (±2.5 points)Not measurably different
Belmar Borough2.8 mi8.5% (±5.8 points)Not measurably different
Ocean Township (Monmouth County)3.0 mi1.2% (±1.4 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 Monmouth County, place by place

RankPlaceRental vacancy rate
12 (tie)Bradley Beach Borough6.6% (±4.6 points)
12 (tie)Highlands Borough6.6% (±6.9 points)
14Freehold Township5.4% (±5.1 points)
15Long Branch4.9% (±2.1 points)
16Keansburg Borough4.5% (±5.7 points)
17 (tie)Keyport Borough4.4% (±3.9 points)
17 (tie)Neptune Township4.4% (±2.9 points)
19Freehold Borough4.3% (±3.6 points)
20Eatontown Borough3.9% (±4.8 points)
21 (tie)Allenhurst Borough3.4% (±4.2 points)
21 (tie)Howell Township3.4% (±4.6 points)
21 (tie)West Long Branch Borough3.4% (±5.7 points)
24Asbury Park3.0% (±1.8 points)

Showing 13 of 53 places in Monmouth County, ranked from highest to lowest.

The figures for Neptune Township include the places inside it that have pages of their own: Ocean Grove, Shark River Hills.

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 Neptune Township

Is it hard to find a rental in Neptune Township?

The rental vacancy rate in Neptune Township, NJ is 4.4% (±2.9 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 Neptune Township tighter than it was?

In Neptune Township, the rental vacancy rate went from 4.2% in 2015–2019 to 4.4% in 2020–2024 (+0.2 percentage points), not a measurable change.

How many homes are vacant in Neptune Township?

An estimated 1,488 (±259) housing units, 11.6% 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 Neptune township, Monmouth County, New Jersey (county subdivision:49890, in state:34 county:025).

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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