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
| Roselle Park Borough | Union County | New Jersey | United States | |
|---|---|---|---|---|
| Rental vacancy rate | 1.5% (±1.9 points) | 3.1% (±0.5 points) | 3.5% (±0.2 points) | 5.5% |
| Homeowner vacancy rate | 1.7% (±2.5 points) | 1.0% (±0.3 points) | 0.7% (±0.1 points) | 0.9% |
| Vacant housing units | 114 (±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
| Place | Distance | Rental vacancy rate | Compared with this place |
|---|---|---|---|
| Roselle Park Borough | — | 1.5% (±1.9 points) | — |
| Roselle Borough | 1.0 mi | 0.6% (±1.0 points) | Not measurably different |
| Kenilworth Borough | 1.4 mi | 7.4% (±11.3 points) | Not measurably different |
| Cranford Township | 2.0 mi | 7.7% (±4.6 points) | Higher |
| Union Township (Union County) | 2.1 mi | 2.9% (±1.8 points) | Not measurably different |
| Union | 2.2 mi | 0.0% (±13.9 points) | Not measurably different |
| Cranford | 2.3 mi | 0.0% (±6.9 points) | Not measurably different |
| Winfield Township | 2.4 mi | 0.0% (±7.2 points) | Not measurably different |
| Hillside Township | 2.9 mi | 4.5% (±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
| Rank | Place | Rental vacancy rate |
|---|---|---|
| 9 | Plainfield | 3.6% (±1.8 points) |
| 10 (tie) | Scotch Plains Township | 3.4% (±4.8 points) |
| 10 (tie) | Summit | 3.4% (±3.3 points) |
| 12 | Union Township (Union County) | 2.9% (±1.8 points) |
| 13 | Elizabeth | 2.8% (±0.7 points) |
| 14 | Westfield Town | 1.6% (±2.6 points) |
| 15 | Roselle Park Borough | 1.5% (±1.9 points) |
| 16 (tie) | Linden | 0.6% (±1.0 points) |
| 16 (tie) | Roselle Borough | 0.6% (±1.0 points) |
| 18 (tie) | Clark Township | 0.0% (±3.2 points) |
| 18 (tie) | Garwood Borough | 0.0% (±4.5 points) |
| 18 (tie) | Mountainside Borough | 0.0% (±13.7 points) |
| 18 (tie) | Winfield Township | 0.0% (±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
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Roselle Park borough, Union County, New Jersey
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Roselle Park borough, Union 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 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.
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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- Housing across Union County
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- Housing data for every place in New Jersey