What is the rental vacancy rate in Wayne Township, NJ?

The rental vacancy rate in Wayne Township, NJ is 2.8% (±2.1 points) (2020–2024 American Community Survey).

The homeowner vacancy rate is 0.7% (±0.6 points).

597 (±210) homes, 3.2% of all housing units, were vacant, a count that includes seasonal homes and homes being sold or rented.

In Wayne Township, the rental vacancy rate went from 1.0% in 2015–2019 to 2.8% in 2020–2024 (+1.8 percentage points), not a measurable change.

Figures last updated on .

Rental vacancy rate
2.8% (±2.1 points)
Homeowner vacancy rate
0.7% (±0.6 points)
Vacant homes
597 (±210)

Vacancy in Wayne Township against Passaic County, its state and the nation

Estimate (90% margin of error)
Wayne TownshipPassaic CountyNew JerseyUnited States
Rental vacancy rate2.8% (±2.1 points)2.1% (±0.4 points)3.5% (±0.2 points)5.5%
Homeowner vacancy rate0.7% (±0.6 points)0.6% (±0.2 points)0.7% (±0.1 points)0.9%
Vacant housing units597 (±210)6,880 (±776)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 Wayne Township, the rental vacancy rate is not measurably different from Passaic County (2.1%).

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 Wayne Township

Nearest places with a published estimate, compared with Wayne Township
PlaceDistanceRental vacancy rateCompared with this place
Wayne Township—2.8% (±2.1 points)—
Haledon Borough3.0 mi1.9% (±2.6 points)Not measurably different
Totowa Borough3.2 mi2.4% (±3.7 points)Not measurably different
Pequannock Township3.3 mi14.7% (±10.4 points)Higher
North Haledon Borough3.4 mi0.0% (±20.6 points)Not measurably different
Lincoln Park Borough3.4 mi0.0% (±5.1 points)Not measurably different
Pompton Plains3.6 mi17.1% (±11.8 points)Higher
Prospect Park Borough3.7 mi4.0% (±3.7 points)Not measurably different
Singac4.2 mi14.9% (±14.9 points)Not measurably different

Nearby places with a measurably higher figure: Pequannock Township, NJ (14.7%), Pompton Plains, NJ (17.1%).

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

Rental vacancy rate across Passaic County, place by place

RankPlaceRental vacancy rate
1Little Falls Township9.1% (±6.7 points)
2Prospect Park Borough4.0% (±3.7 points)
3Woodland Park Borough3.4% (±3.7 points)
4Wayne Township2.8% (±2.1 points)
5 (tie)Paterson2.4% (±0.6 points)
5 (tie)Totowa Borough2.4% (±3.7 points)
7 (tie)Haledon Borough1.9% (±2.6 points)
7 (tie)Hawthorne Borough1.9% (±1.6 points)
9Clifton1.5% (±0.9 points)
10Bloomingdale Borough1.4% (±2.5 points)

Showing 10 of 16 places in Passaic County, ranked from highest to lowest.

The figures for Wayne Township include the places inside it that have pages of their own: Packanack Lake, Pines Lake, Preakness, William Paterson University of New Jersey.

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 Wayne Township

Is it hard to find a rental in Wayne Township?

The rental vacancy rate in Wayne Township, NJ is 2.8% (±2.1 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 Wayne Township tighter than it was?

In Wayne Township, the rental vacancy rate went from 1.0% in 2015–2019 to 2.8% in 2020–2024 (+1.8 percentage points), not a measurable change.

How many homes are vacant in Wayne Township?

An estimated 597 (±210) housing units, 3.2% 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 Wayne township, Passaic County, New Jersey (county subdivision:77840, in state:34 county:031).

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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