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

The rental vacancy rate in Roselle Park Borough, NJ is 1.5% (±1.9 points) (2020–2024 American Community Survey).

The homeowner vacancy rate is 1.7% (±2.5 points).

114 (±99) homes, 2.1% of all housing units, were vacant, a count that includes seasonal homes and homes being sold or rented.

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

Figures last updated on .

Rental vacancy rate
1.5% (±1.9 points)
Homeowner vacancy rate
1.7% (±2.5 points)
Vacant homes
114 (±99)

Vacancy in Roselle Park Borough against Union County, its state and the nation

Estimate (90% margin of error)
Roselle Park BoroughUnion CountyNew JerseyUnited States
Rental vacancy rate1.5% (±1.9 points)3.1% (±0.5 points)3.5% (±0.2 points)5.5%
Homeowner vacancy rate1.7% (±2.5 points)1.0% (±0.3 points)0.7% (±0.1 points)0.9%
Vacant housing units114 (±99)9,108 (±841)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 Roselle Park Borough, the rental vacancy rate is not measurably different from Union County (3.1%).

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 Roselle Park Borough

Nearest places with a published estimate, compared with Roselle Park Borough
PlaceDistanceRental vacancy rateCompared with this place
Roselle Park Borough—1.5% (±1.9 points)—
Roselle Borough1.0 mi0.6% (±1.0 points)Not measurably different
Kenilworth Borough1.4 mi7.4% (±11.3 points)Not measurably different
Cranford Township2.0 mi7.7% (±4.6 points)Higher
Union Township (Union County)2.1 mi2.9% (±1.8 points)Not measurably different
Union2.2 mi0.0% (±13.9 points)Not measurably different
Cranford2.3 mi0.0% (±6.9 points)Not measurably different
Winfield Township2.4 mi0.0% (±7.2 points)Not measurably different
Hillside Township2.9 mi4.5% (±4.1 points)Not measurably different

Nearby places with a measurably higher figure: Cranford Township, NJ (7.7%).

Distance is measured in a straight line between the Census Bureau’s internal points for each place.

Rental vacancy rate across Union County, place by place

RankPlaceRental vacancy rate
9Plainfield3.6% (±1.8 points)
10 (tie)Scotch Plains Township3.4% (±4.8 points)
10 (tie)Summit3.4% (±3.3 points)
12Union Township (Union County)2.9% (±1.8 points)
13Elizabeth2.8% (±0.7 points)
14Westfield Town1.6% (±2.6 points)
15Roselle Park Borough1.5% (±1.9 points)
16 (tie)Linden0.6% (±1.0 points)
16 (tie)Roselle Borough0.6% (±1.0 points)
18 (tie)Clark Township0.0% (±3.2 points)
18 (tie)Garwood Borough0.0% (±4.5 points)
18 (tie)Mountainside Borough0.0% (±13.7 points)
18 (tie)Winfield Township0.0% (±7.2 points)

Showing 13 of 21 places in Union 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 Roselle Park Borough

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

The rental vacancy rate in Roselle Park Borough, NJ is 1.5% (±1.9 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 Roselle Park Borough tighter than it was?

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

How many homes are vacant in Roselle Park Borough?

An estimated 114 (±99) housing units, 2.1% 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 Roselle Park borough, Union County, New Jersey (county subdivision:64650, in state:34 county:039).

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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