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Finding Self Storage in Jersey City, NJ: Top Tips

There are a few things you should know about Jersey City self storage before you begin your search. The pricing and availability of storage units in Jersey City will depend on several factors such as the real estate climate, the number of people moving into or throughout the area, housing conditions in the city, and the general wealth and prosperity of the area. The US Census keeps accurate data relating to all of these factors, so we've used their data on Jersey City to help inform your Jersey City self storage search.

Self Storage and Moving in Jersey City, NJ

Many people use storage as part of their move, so if there are many people moving to Jersey City, you might expect storage prices to be higher and unit availability to be lower. By looking at population changes in Jersey City, we should be able to get an idea of how many people are moving to or from the city. From 2010 to 2014, the Jersey City metro area population grew from 248,714 to 262,146, a growth rate of 5.4% according to the US Census.

Real Estate and Self Storage in Jersey City, NJ

Housing occupancy and vacancy rates in Jersey City can help us get a better idea of how much demand there is for living and storage space in Jersey City and thus the kind of storage prices and availability we should expect to find. High occupancy rates can indicate a lack of housing supply in Jersey City, which may correlate to a lack of storage unit inventory and thus higher rental rates for self storage in the Jersey City area. According to US Census estimates, 89.1% of housing units in Jersey City are occupied, while the vacancy rate is at 10.9%. That's a lower vacancy rate than the average for cities in the United States, and suggests that storage facility vacancy in Jersey City may also be lower. Low vacancy allows storage facilities to charge higher rent, so a cheap storage unit could be trickier to find in Jersey City than in other cities.