What is the rental vacancy rate in Watsessing, NJ?
The rental vacancy rate in Watsessing, NJ is 0.8% (±1.1 points) (2020–2024 American Community Survey).
The homeowner vacancy rate is 1.4% (±2.7 points).
51 (±54) homes, 1.4% of all housing units, were vacant, a count that includes seasonal homes and homes being sold or rented.
Figures last updated on .
- Rental vacancy rate
- 0.8% (±1.1 points)
- Homeowner vacancy rate
- 1.4% (±2.7 points)
- Vacant homes
- 51 (±54)
Vacancy in Watsessing against Essex County, its state and the nation
| Watsessing | Essex County | New Jersey | United States | |
|---|---|---|---|---|
| Rental vacancy rate | 0.8% (±1.1 points) | 2.7% (±0.3 points) | 3.5% (±0.2 points) | 5.5% |
| Homeowner vacancy rate | 1.4% (±2.7 points) | 0.7% (±0.2 points) | 0.7% (±0.1 points) | 0.9% |
| Vacant housing units | 51 (±54) | 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 Watsessing, 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 Watsessing
| Place | Distance | Rental vacancy rate | Compared with this place |
|---|---|---|---|
| Watsessing | — | 0.8% (±1.1 points) | — |
| Ampere North | 0.9 mi | 0.0% (±4.9 points) | Not measurably different |
| Silver Lake (Essex County) | 1.0 mi | 0.0% (±4.8 points) | Not measurably different |
| Glen Ridge Borough | 1.3 mi | 0.0% (±18.2 points) | Not measurably different |
| East Orange | 1.6 mi | 2.8% (±1.2 points) | Higher |
| Belleville Township | 2.1 mi | 2.0% (±1.5 points) | Not measurably different |
| Orange | 2.2 mi | 2.6% (±1.8 points) | Not measurably different |
| Montclair Township | 2.7 mi | 2.4% (±1.9 points) | Not measurably different |
| East Newark Borough | 3.1 mi | 2.7% (±4.4 points) | Not measurably different |
Nearby places with a measurably higher figure: 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 |
|---|---|---|
| 1 | Brookdale | 2.2% (±3.6 points) |
| 2 | Watsessing | 0.8% (±1.1 points) |
| 3 (tie) | Ampere North | 0.0% (±4.9 points) |
| 3 (tie) | Pleasantdale | 0.0% (±52.6 points) |
| 3 (tie) | Short Hills | 0.0% (±6.9 points) |
| 3 (tie) | Silver Lake (Essex County) | 0.0% (±4.8 points) |
| 3 (tie) | Upper Montclair | 0.0% (±7.5 points) |
Watsessing is a census-designated place: an unincorporated community the Census Bureau draws for statistics, with no municipal government of its own.
It lies inside Bloomfield Township, whose figures include it.
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 Watsessing
Is it hard to find a rental in Watsessing?
The rental vacancy rate in Watsessing, NJ is 0.8% (±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.
How many homes are vacant in Watsessing?
An estimated 51 (±54) housing units, 1.4% 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 — Watsessing CDP, New Jersey
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Watsessing CDP, 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 Watsessing CDP, New Jersey (place:77750, in state:34).
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 .
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