What is the rental vacancy rate in New Milford Borough, NJ?

The rental vacancy rate in New Milford Borough, NJ is 0.0% (±1.8 points) (2020–2024 American Community Survey).

The homeowner vacancy rate is 0.0% (±1.2 points).

160 (±105) homes, 2.5% of all housing units, were vacant, a count that includes seasonal homes and homes being sold or rented.

In New Milford Borough, the rental vacancy rate went from 1.5% in 2015–2019 to 0.0% in 2020–2024 (−1.5 percentage points), not a measurable change.

Figures last updated on .

Rental vacancy rate
0.0% (±1.8 points)
Homeowner vacancy rate
0.0% (±1.2 points)
Vacant homes
160 (±105)

Vacancy in New Milford Borough against Bergen County, its state and the nation

Estimate (90% margin of error)
New Milford BoroughBergen CountyNew JerseyUnited States
Rental vacancy rate0.0% (±1.8 points)3.0% (±0.5 points)3.5% (±0.2 points)5.5%
Homeowner vacancy rate0.0% (±1.2 points)0.6% (±0.2 points)0.7% (±0.1 points)0.9%
Vacant housing units160 (±105)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 New Milford Borough, the rental vacancy rate is lower than in Bergen County (3.0%).

It is also lower than in New Jersey (3.5%).

It is lower than the national figure (5.5%).

Rental vacancy rate in places near New Milford Borough

Nearest places with a published estimate, compared with New Milford Borough
PlaceDistanceRental vacancy rateCompared with this place
New Milford Borough—0.0% (±1.8 points)—
River Edge Borough1.1 mi2.6% (±4.3 points)Not measurably different
Bergenfield Borough1.4 mi1.4% (±1.3 points)Not measurably different
Dumont Borough1.6 mi0.0% (±2.5 points)Not measurably different
Oradell Borough1.7 mi0.0% (±16.5 points)Not measurably different
Haworth Borough2.3 mi0.0% (±46.6 points)Not measurably different
Paramus Borough2.8 mi0.5% (±0.9 points)Not measurably different
Emerson Borough2.8 mi0.0% (±18.6 points)Not measurably different
Teaneck Township3.1 mi2.5% (±2.5 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 Bergen County, place by place

RankPlaceRental vacancy rate
39 (tie)Emerson Borough0.0% (±18.6 points)
39 (tie)Franklin Lakes Borough0.0% (±10.1 points)
39 (tie)Glen Rock Borough0.0% (±11.8 points)
39 (tie)Harrington Park Borough0.0% (±27.4 points)
39 (tie)Haworth Borough0.0% (±46.6 points)
39 (tie)Ho-Ho-Kus Borough0.0% (±33.9 points)
39 (tie)New Milford Borough0.0% (±1.8 points)
39 (tie)Northvale Borough0.0% (±10.5 points)
39 (tie)Norwood Borough0.0% (±10.4 points)
39 (tie)Oakland Borough0.0% (±13.1 points)
39 (tie)Old Tappan Borough0.0% (±31.4 points)
39 (tie)Oradell Borough0.0% (±16.5 points)
39 (tie)Palisades Park Borough0.0% (±0.9 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 New Milford Borough

Is it hard to find a rental in New Milford Borough?

The rental vacancy rate in New Milford Borough, NJ is 0.0% (±1.8 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 New Milford Borough tighter than it was?

In New Milford Borough, the rental vacancy rate went from 1.5% in 2015–2019 to 0.0% in 2020–2024 (−1.5 percentage points), not a measurable change.

How many homes are vacant in New Milford Borough?

An estimated 160 (±105) housing units, 2.5% 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 New Milford borough, Bergen County, New Jersey (county subdivision:51660, 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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