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
| Neptune Township | Monmouth County | New Jersey | United States | |
|---|---|---|---|---|
| Rental vacancy rate | 4.4% (±2.9 points) | 4.2% (±0.8 points) | 3.5% (±0.2 points) | 5.5% |
| Homeowner vacancy rate | 1.8% (±1.5 points) | 0.7% (±0.2 points) | 0.7% (±0.1 points) | 0.9% |
| Vacant housing units | 1,488 (±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
| Place | Distance | Rental vacancy rate | Compared with this place |
|---|---|---|---|
| Neptune Township | — | 4.4% (±2.9 points) | — |
| Neptune City Borough | 1.4 mi | 0.0% (±7.5 points) | Not measurably different |
| Wanamassa | 2.1 mi | 0.0% (±16.1 points) | Not measurably different |
| Bradley Beach Borough | 2.4 mi | 6.6% (±4.6 points) | Not measurably different |
| Asbury Park | 2.4 mi | 3.0% (±1.8 points) | Not measurably different |
| Interlaken Borough | 2.4 mi | 0.0% (±72.8 points) | Not measurably different |
| Avon-by-the-Sea Borough | 2.6 mi | 1.6% (±2.5 points) | Not measurably different |
| Belmar Borough | 2.8 mi | 8.5% (±5.8 points) | Not measurably different |
| Ocean Township (Monmouth County) | 3.0 mi | 1.2% (±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
| Rank | Place | Rental vacancy rate |
|---|---|---|
| 12 (tie) | Bradley Beach Borough | 6.6% (±4.6 points) |
| 12 (tie) | Highlands Borough | 6.6% (±6.9 points) |
| 14 | Freehold Township | 5.4% (±5.1 points) |
| 15 | Long Branch | 4.9% (±2.1 points) |
| 16 | Keansburg Borough | 4.5% (±5.7 points) |
| 17 (tie) | Keyport Borough | 4.4% (±3.9 points) |
| 17 (tie) | Neptune Township | 4.4% (±2.9 points) |
| 19 | Freehold Borough | 4.3% (±3.6 points) |
| 20 | Eatontown Borough | 3.9% (±4.8 points) |
| 21 (tie) | Allenhurst Borough | 3.4% (±4.2 points) |
| 21 (tie) | Howell Township | 3.4% (±4.6 points) |
| 21 (tie) | West Long Branch Borough | 3.4% (±5.7 points) |
| 24 | Asbury Park | 3.0% (±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
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Neptune township, Monmouth County, New Jersey
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Neptune township, Monmouth 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 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.
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 Neptune Township at a glance
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- Renters and owners in Neptune Township
- Income and affordability in Neptune Township
- Home values in Neptune Township
- Homeowner costs in Neptune Township
- Property taxes in Neptune Township
- Types of homes in Neptune Township
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- Population growth in Neptune Township
- How long people stay in Neptune Township
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- Fair Market Rent in Neptune Township
- Local landlord and tenant rules in Neptune Township
- New Jersey landlord and tenant rules
- Housing across Monmouth County
- New Jersey places ranked by rental vacancy rate
- Housing data for every place in New Jersey