What is the rental vacancy rate in South Orange Village, NJ?
The rental vacancy rate in South Orange Village, NJ is 0.7% (±1.1 points) (2020–2024 American Community Survey).
The homeowner vacancy rate is 0.3% (±0.5 points).
118 (±88) homes, 1.9% of all housing units, were vacant, a count that includes seasonal homes and homes being sold or rented.
In South Orange Village, the rental vacancy rate went from 6.1% in 2015–2019 to 0.7% in 2020–2024 (−5.4 percentage points), a measurable decrease.
Figures last updated on .
- Rental vacancy rate
- 0.7% (±1.1 points)
- Homeowner vacancy rate
- 0.3% (±0.5 points)
- Vacant homes
- 118 (±88)
Vacancy in South Orange Village against Essex County, its state and the nation
| South Orange Village | Essex County | New Jersey | United States | |
|---|---|---|---|---|
| Rental vacancy rate | 0.7% (±1.1 points) | 2.7% (±0.3 points) | 3.5% (±0.2 points) | 5.5% |
| Homeowner vacancy rate | 0.3% (±0.5 points) | 0.7% (±0.2 points) | 0.7% (±0.1 points) | 0.9% |
| Vacant housing units | 118 (±88) | 17,174 (±1,028) | 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 South Orange Village, the rental vacancy rate is lower than in Essex County (2.7%).
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 South Orange Village
| Place | Distance | Rental vacancy rate | Compared with this place |
|---|---|---|---|
| South Orange Village | — | 0.7% (±1.1 points) | — |
| Maplewood Township | 1.2 mi | 1.8% (±2.1 points) | Not measurably different |
| Orange | 1.9 mi | 2.6% (±1.8 points) | Not measurably different |
| Irvington Township | 2.3 mi | 1.5% (±0.7 points) | Not measurably different |
| Vauxhall | 2.5 mi | 0.0% (±4.9 points) | Not measurably different |
| West Orange Township | 2.6 mi | 5.5% (±2.6 points) | Higher |
| East Orange | 2.8 mi | 2.8% (±1.2 points) | Higher |
| Millburn Township | 3.2 mi | 4.5% (±4.6 points) | Not measurably different |
| Short Hills | 3.5 mi | 0.0% (±6.9 points) | Not measurably different |
Nearby places with a measurably higher figure: West Orange Township, NJ (5.5%), East Orange, NJ (2.8%).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Rental vacancy rate across Essex County, place by place
| Rank | Place | Rental vacancy rate |
|---|---|---|
| 9 | Montclair Township | 2.4% (±1.9 points) |
| 10 | Belleville Township | 2.0% (±1.5 points) |
| 11 | Maplewood Township | 1.8% (±2.1 points) |
| 12 | Nutley Township | 1.6% (±2.4 points) |
| 13 | Irvington Township | 1.5% (±0.7 points) |
| 14 | Bloomfield Township | 1.2% (±1.0 points) |
| 15 | South Orange Village | 0.7% (±1.1 points) |
| 16 (tie) | Cedar Grove Township | 0.0% (±5.6 points) |
| 16 (tie) | Fairfield Township (Essex County) | 0.0% (±6.7 points) |
| 16 (tie) | Glen Ridge Borough | 0.0% (±18.2 points) |
| 16 (tie) | North Caldwell Borough | 0.0% (±51.5 points) |
| 16 (tie) | Roseland Borough | 0.0% (±9.6 points) |
| 16 (tie) | Verona Township | 0.0% (±3.7 points) |
Showing 13 of 22 places in Essex 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 South Orange Village
Is it hard to find a rental in South Orange Village?
The rental vacancy rate in South Orange Village, NJ is 0.7% (±1.1 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 South Orange Village tighter than it was?
In South Orange Village, the rental vacancy rate went from 6.1% in 2015–2019 to 0.7% in 2020–2024 (−5.4 percentage points), a measurable decrease.
How many homes are vacant in South Orange Village?
An estimated 118 (±88) housing units, 1.9% 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 — South Orange Village township, Essex County, New Jersey
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — South Orange Village township, Essex 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 South Orange Village township, Essex County, New Jersey (county subdivision:69274, in state:34 county:013).
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 data for every place in New Jersey