What is the rental vacancy rate in Ridgewood Village, NJ?
The rental vacancy rate in Ridgewood Village, NJ is 5.9% (±5.4 points) (2020–2024 American Community Survey).
The homeowner vacancy rate is 0.5% (±0.7 points).
288 (±160) homes, 3.1% of all housing units, were vacant, a count that includes seasonal homes and homes being sold or rented.
In Ridgewood Village, the rental vacancy rate went from 1.6% in 2015–2019 to 5.9% in 2020–2024 (+4.3 percentage points), not a measurable change.
Figures last updated on .
- Rental vacancy rate
- 5.9% (±5.4 points)
- Homeowner vacancy rate
- 0.5% (±0.7 points)
- Vacant homes
- 288 (±160)
Vacancy in Ridgewood Village against Bergen County, its state and the nation
| Ridgewood Village | Bergen County | New Jersey | United States | |
|---|---|---|---|---|
| Rental vacancy rate | 5.9% (±5.4 points) | 3.0% (±0.5 points) | 3.5% (±0.2 points) | 5.5% |
| Homeowner vacancy rate | 0.5% (±0.7 points) | 0.6% (±0.2 points) | 0.7% (±0.1 points) | 0.9% |
| Vacant housing units | 288 (±160) | 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 Ridgewood Village, the rental vacancy rate is not measurably different from Bergen County (3.0%).
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 Ridgewood Village
| Place | Distance | Rental vacancy rate | Compared with this place |
|---|---|---|---|
| Ridgewood Village | — | 5.9% (±5.4 points) | — |
| Ho-Ho-Kus Borough | 1.5 mi | 0.0% (±33.9 points) | Not measurably different |
| Glen Rock Borough | 1.6 mi | 0.0% (±11.8 points) | Not measurably different |
| Midland Park Borough | 1.7 mi | 6.7% (±7.9 points) | Not measurably different |
| Waldwick Borough | 2.3 mi | 0.0% (±10.2 points) | Not measurably different |
| Washington Township (Bergen County) | 2.6 mi | 0.0% (±34.4 points) | Not measurably different |
| Hawthorne Borough | 2.9 mi | 1.9% (±1.6 points) | Not measurably different |
| Saddle River Borough | 3.1 mi | 9.7% (±16.5 points) | Not measurably different |
| Wyckoff Township | 3.1 mi | 8.5% (±8.9 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
| Rank | Place | Rental vacancy rate |
|---|---|---|
| 5 | Wyckoff Township | 8.5% (±8.9 points) |
| 6 | Hasbrouck Heights Borough | 7.8% (±7.6 points) |
| 7 | River Vale Township | 6.9% (±11.0 points) |
| 8 | Midland Park Borough | 6.7% (±7.9 points) |
| 9 | Leonia Borough | 6.6% (±6.7 points) |
| 10 | Montvale Borough | 6.4% (±9.7 points) |
| 11 | Ridgewood Village | 5.9% (±5.4 points) |
| 12 | Little Ferry Borough | 5.8% (±5.8 points) |
| 13 | East Rutherford Borough | 5.6% (±4.7 points) |
| 14 | Fort Lee Borough | 5.4% (±2.4 points) |
| 15 | Garfield | 4.3% (±1.8 points) |
| 16 (tie) | Cresskill Borough | 4.1% (±6.4 points) |
| 16 (tie) | Lyndhurst Township | 4.1% (±2.8 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 Ridgewood Village
Is it hard to find a rental in Ridgewood Village?
The rental vacancy rate in Ridgewood Village, NJ is 5.9% (±5.4 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 Ridgewood Village tighter than it was?
In Ridgewood Village, the rental vacancy rate went from 1.6% in 2015–2019 to 5.9% in 2020–2024 (+4.3 percentage points), not a measurable change.
How many homes are vacant in Ridgewood Village?
An estimated 288 (±160) housing units, 3.1% 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 — Ridgewood village, Bergen County, New Jersey
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Ridgewood village, Bergen 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 Ridgewood village, Bergen County, New Jersey (county subdivision:63000, 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.
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
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- Income and affordability in Ridgewood Village
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- Homeowner costs in Ridgewood Village
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- Crime reported to police in Ridgewood Village
- Population growth in Ridgewood Village
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- Fair Market Rent in Ridgewood Village
- New Jersey landlord and tenant rules
- Housing across Bergen County
- New Jersey places ranked by rental vacancy rate
- Housing data for every place in New Jersey