What is the rental vacancy rate in Riverdale Borough, NJ?
The rental vacancy rate in Riverdale Borough, NJ is 1.3% (±2.2 points) (2020–2024 American Community Survey).
The homeowner vacancy rate is 0.5% (±0.8 points).
46 (±39) homes, 2.4% of all housing units, were vacant, a count that includes seasonal homes and homes being sold or rented.
In Riverdale Borough, the rental vacancy rate went from 2.0% in 2015–2019 to 1.3% in 2020–2024 (−0.7 percentage points), not a measurable change.
Figures last updated on .
- Rental vacancy rate
- 1.3% (±2.2 points)
- Homeowner vacancy rate
- 0.5% (±0.8 points)
- Vacant homes
- 46 (±39)
Vacancy in Riverdale Borough against Morris County, its state and the nation
| Riverdale Borough | Morris County | New Jersey | United States | |
|---|---|---|---|---|
| Rental vacancy rate | 1.3% (±2.2 points) | 3.3% (±0.8 points) | 3.5% (±0.2 points) | 5.5% |
| Homeowner vacancy rate | 0.5% (±0.8 points) | 0.5% (±0.2 points) | 0.7% (±0.1 points) | 0.9% |
| Vacant housing units | 46 (±39) | 6,261 (±724) | 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 Riverdale Borough, the rental vacancy rate is not measurably different from Morris County (3.3%).
It is not measurably different from New Jersey (3.5%).
It is lower than the national figure (5.5%).
Rental vacancy rate in places near Riverdale Borough
| Place | Distance | Rental vacancy rate | Compared with this place |
|---|---|---|---|
| Riverdale Borough | — | 1.3% (±2.2 points) | — |
| Pompton Lakes Borough | 1.5 mi | 0.7% (±1.2 points) | Not measurably different |
| Butler Borough | 1.7 mi | 0.0% (±4.0 points) | Not measurably different |
| Pompton Plains | 2.0 mi | 17.1% (±11.8 points) | Higher |
| Pequannock Township | 2.3 mi | 14.7% (±10.4 points) | Higher |
| Pines Lake | 2.7 mi | 0.0% (±96.8 points) | Not measurably different |
| Bloomingdale Borough | 2.9 mi | 1.4% (±2.5 points) | Not measurably different |
| Wanaque Borough | 3.5 mi | 0.0% (±4.5 points) | Not measurably different |
| Kinnelon Borough | 3.8 mi | 0.0% (±16.7 points) | Not measurably different |
Nearby places with a measurably higher figure: Pompton Plains, NJ (17.1%), Pequannock Township, NJ (14.7%).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Rental vacancy rate across Morris County, place by place
| Rank | Place | Rental vacancy rate |
|---|---|---|
| 13 (tie) | Jefferson Township | 2.4% (±3.2 points) |
| 13 (tie) | Morristown Town | 2.4% (±2.4 points) |
| 15 | Netcong Borough | 2.0% (±3.4 points) |
| 16 (tie) | Madison Borough | 1.9% (±2.4 points) |
| 16 (tie) | Mount Olive Township | 1.9% (±2.2 points) |
| 18 | Dover Town | 1.7% (±1.7 points) |
| 19 | Riverdale Borough | 1.3% (±2.2 points) |
| 20 | Morris Township | 1.0% (±1.5 points) |
| 21 (tie) | Boonton Township | 0.0% (±41.4 points) |
| 21 (tie) | Butler Borough | 0.0% (±4.0 points) |
| 21 (tie) | Chatham Borough | 0.0% (±8.3 points) |
| 21 (tie) | Chatham Township | 0.0% (±6.9 points) |
| 21 (tie) | Chester Borough | 0.0% (±29.9 points) |
Showing 13 of 39 places in Morris 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 Riverdale Borough
Is it hard to find a rental in Riverdale Borough?
The rental vacancy rate in Riverdale Borough, NJ is 1.3% (±2.2 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 Riverdale Borough tighter than it was?
In Riverdale Borough, the rental vacancy rate went from 2.0% in 2015–2019 to 1.3% in 2020–2024 (−0.7 percentage points), not a measurable change.
How many homes are vacant in Riverdale Borough?
An estimated 46 (±39) housing units, 2.4% 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 — Riverdale borough, Morris County, New Jersey
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Riverdale borough, Morris 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 Riverdale borough, Morris County, New Jersey (county subdivision:63300, in state:34 county:027).
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 Riverdale Borough at a glance
- Median rent in Riverdale Borough
- Rent by bedrooms in Riverdale Borough
- Rent burden in Riverdale Borough
- Renters and owners in Riverdale Borough
- Income and affordability in Riverdale Borough
- Home values in Riverdale Borough
- Homeowner costs in Riverdale Borough
- Property taxes in Riverdale Borough
- Types of homes in Riverdale Borough
- Bedrooms in Riverdale Borough
- Age of homes in Riverdale Borough
- Heating fuel in Riverdale Borough
- Commute and cars in Riverdale Borough
- Crime reported to police in Riverdale Borough
- Population growth in Riverdale Borough
- How long people stay in Riverdale Borough
- New Jersey landlord and tenant rules
- Housing across Morris County
- New Jersey places ranked by rental vacancy rate
- Housing data for every place in New Jersey