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

Estimate (90% margin of error)
Riverdale BoroughMorris CountyNew JerseyUnited States
Rental vacancy rate1.3% (±2.2 points)3.3% (±0.8 points)3.5% (±0.2 points)5.5%
Homeowner vacancy rate0.5% (±0.8 points)0.5% (±0.2 points)0.7% (±0.1 points)0.9%
Vacant housing units46 (±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

Nearest places with a published estimate, compared with Riverdale Borough
PlaceDistanceRental vacancy rateCompared with this place
Riverdale Borough—1.3% (±2.2 points)—
Pompton Lakes Borough1.5 mi0.7% (±1.2 points)Not measurably different
Butler Borough1.7 mi0.0% (±4.0 points)Not measurably different
Pompton Plains2.0 mi17.1% (±11.8 points)Higher
Pequannock Township2.3 mi14.7% (±10.4 points)Higher
Pines Lake2.7 mi0.0% (±96.8 points)Not measurably different
Bloomingdale Borough2.9 mi1.4% (±2.5 points)Not measurably different
Wanaque Borough3.5 mi0.0% (±4.5 points)Not measurably different
Kinnelon Borough3.8 mi0.0% (±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

RankPlaceRental vacancy rate
13 (tie)Jefferson Township2.4% (±3.2 points)
13 (tie)Morristown Town2.4% (±2.4 points)
15Netcong Borough2.0% (±3.4 points)
16 (tie)Madison Borough1.9% (±2.4 points)
16 (tie)Mount Olive Township1.9% (±2.2 points)
18Dover Town1.7% (±1.7 points)
19Riverdale Borough1.3% (±2.2 points)
20Morris Township1.0% (±1.5 points)
21 (tie)Boonton Township0.0% (±41.4 points)
21 (tie)Butler Borough0.0% (±4.0 points)
21 (tie)Chatham Borough0.0% (±8.3 points)
21 (tie)Chatham Township0.0% (±6.9 points)
21 (tie)Chester Borough0.0% (±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

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.

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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