Sunday, February 14, 2016
Atlantic County Vacancy Rate
In New Jersey, the state that led the nation in distressed properties last year, the percentage of unoccupied homes is just below the national average, new realty data shows.
The percentage of unoccupied homes in the Garden State is 1.5 percent, .1 percent less than the national average rate, according to RealtyTrac, despite having one of its metropolitan statistical markets recently break into the top-five areas for vacant homes country.
New Jersey has a total of 2,618,723 residential properties across the state and 38,428 homes left without residents, according to the California-based housing firm.
Atlantic County has a total of 112,765 residential properties and 4191 vacant properties. Which is a rate of vacancies of 3.7%.
Entire article and chart at
http://www.nj.com/news/index.ssf/2016/02/heres_how_many_vacant_homes_there_are_in_each_nj_county.html
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4 comments:
His death hands the power of the Supreme Court to the modern left for the first time in American history. The court can now vote, even without a replacement of Scalia, to radically change the United States of America! Scalia's death means the Supreme Court is now very likely to rubber stamp Obama's unconstitutional amnesty orders, tear down Republican drawn districts in many states including North Carolina, and take deep left turns on abortion, gun rights, or anything the liberals have ever dreamed of! Scalia was a solid vote against Obama's immigration orders to be decided by April of this year.
Puts a question in your mind, doesn't it !
And how do the above comments pertain to the high private housing vacancy rate in Atlantic County? Maybe people should be more concerned what is happening in their own backyards, where it really matters to them. Lack of good-paying middle class jobs in the region, coupled with very high property taxes, are killing our communities.
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There is an unanswered question implicit in the statistics that neither the researcher, nor the author considered......
Atlantic County has seasonal homes.
These are, far too often, deemed "vancant" because of how the census is done (you pay taxes and whatnot where your legal residency is).
The number of properties with lis pendens would be a more accurate metric, but that would be pretty hard to uncover.
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