What is the rental vacancy rate in Palisades Park Borough, NJ?

The rental vacancy rate in Palisades Park Borough, NJ is 0.0% (±0.9 points) (2020–2024 American Community Survey).

The homeowner vacancy rate is 2.9% (±3.1 points).

142 (±112) homes, 1.9% of all housing units, were vacant, a count that includes seasonal homes and homes being sold or rented.

In Palisades Park Borough, the rental vacancy rate went from 2.9% in 2015–2019 to 0.0% in 2020–2024 (−2.9 percentage points), a measurable decrease.

Figures last updated on .

Rental vacancy rate
0.0% (±0.9 points)
Homeowner vacancy rate
2.9% (±3.1 points)
Vacant homes
142 (±112)

Vacancy in Palisades Park Borough against Bergen County, its state and the nation

Estimate (90% margin of error)
Palisades Park BoroughBergen CountyNew JerseyUnited States
Rental vacancy rate0.0% (±0.9 points)3.0% (±0.5 points)3.5% (±0.2 points)5.5%
Homeowner vacancy rate2.9% (±3.1 points)0.6% (±0.2 points)0.7% (±0.1 points)0.9%
Vacant housing units142 (±112)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 Palisades Park 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 Palisades Park Borough

Nearest places with a published estimate, compared with Palisades Park Borough
PlaceDistanceRental vacancy rateCompared with this place
Palisades Park Borough—0.0% (±0.9 points)—
Leonia Borough1.2 mi6.6% (±6.7 points)Not measurably different
Ridgefield Park Village1.3 mi2.1% (±2.2 points)Not measurably different
Ridgefield Borough1.3 mi0.5% (±0.8 points)Not measurably different
Fort Lee Borough1.4 mi5.4% (±2.4 points)Higher
Cliffside Park Borough1.8 mi2.9% (±3.3 points)Not measurably different
Fairview Borough1.8 mi2.5% (±2.4 points)Not measurably different
Little Ferry Borough2.0 mi5.8% (±5.8 points)Not measurably different
Edgewater Borough2.0 mi9.8% (±5.2 points)Higher

Nearby places with a measurably higher figure: Fort Lee Borough, NJ (5.4%), Edgewater Borough, NJ (9.8%).

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)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)
39 (tie)Park Ridge Borough0.0% (±6.7 points)
39 (tie)Ramsey Borough0.0% (±3.9 points)
39 (tie)Rochelle Park Township0.0% (±8.1 points)
39 (tie)Rockleigh Borough0.0% (±84.6 points)
39 (tie)Saddle Brook Township0.0% (±2.5 points)
39 (tie)South Hackensack Township0.0% (±9.3 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 Palisades Park Borough

Is it hard to find a rental in Palisades Park Borough?

The rental vacancy rate in Palisades Park Borough, NJ is 0.0% (±0.9 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 Palisades Park Borough tighter than it was?

In Palisades Park Borough, the rental vacancy rate went from 2.9% in 2015–2019 to 0.0% in 2020–2024 (−2.9 percentage points), a measurable decrease.

How many homes are vacant in Palisades Park Borough?

An estimated 142 (±112) housing units, 1.9% 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 Palisades Park borough, Bergen County, New Jersey (county subdivision:55770, 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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