Housing market/New Jersey/ZIP 07052

ACS 2023 · FY2027 SAFMR

ZIP 07052 West Orange, New Jersey

Newark, NJ HUD Metro FMR Area · New Jersey. Census housing stock, renter economics, HUD SAFMR, LIHTC, and population change. Not a listing page and not a buy/sell score.

Population
48,323
Households
17,463
Median HH income
$131,456
Renter share
29.8%
Median gross rent
$1,791
Vacancy
4.6%
Pop. change
+2.4%
2BR SAFMR
$2,520
SAFMR / rent
1.407×
2–49 unit stock
5,198
LIHTC proj / units
8 / 609
HUD assisted MF
5 / 345

ZIP brief

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HUD schedule, ACS stock, and the 90–110% band for ZIP 07052 · NJ — sent to you.

ZIP 07052 · NJ

ACS median rent$1,791
2BR SAFMR$2,520
90% floor$2,268
110% ceiling$2,772

ACS median is all-bedroom occupied rent. SAFMR is the 2-bedroom HCV benchmark.

Housing stock

ACS 2023 units-in-structure · ZCTA 07052

  • 1-unit detached10,01654.9%
  • 1-unit attached1,6248.9%
  • 2–4 units3,18017.4%
  • 5–49 units2,01811.1%
  • 50+ units1,3477.4%
  • Mobile510.3%
TypeUnitsShare
1-unit detached10,01654.7%
1-unit attached1,6248.9%
2 units (duplex)1,98310.8%
3–4 units1,1976.5%
5–9 units5212.8%
10–19 units6103.3%
20–49 units8874.8%
50+ units1,3477.4%
Mobile510.3%

2–4 unit share 17.4% · 5–49 unit share 11.0% · combined 2–49 28.4%.

Units by bedrooms

Studio
824
1BR
2,191
2BR
3,529
3BR
6,335
4BR
4,057
5+
1,364

Rent burden

Rent ≥30% of income51.0%
Rent ≥50% of income27.8%
  • ACS median gross rent $1,791 (all bedrooms, occupied rentals).
  • Median contract rent $1,689.
  • Renters paying ≥30% of income 51.0%; ≥50% 27.8%.
  • FY2027 2BR SAFMR $2,520 (1.407× ACS median gross rent).

Population

48,323 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: +2.4%.

ACS 5-year estimates lag current construction. This is not a forecast.

Assisted inventory

  • LIHTC: 8 projects, 609 units.
  • HUD project-based assisted MF: 5 properties, 345 assisted units.
  • HCV household counts (Picture of Subsidized Households) are not on this page yet.

New apartment permits

About 2,942 new apartments in 5+ unit buildings may have been permitted in this ZIP’s share of the county. That is units (doors), not a building count.

Cities and counties report building permits to the Census. Apartment counts are for the whole county, not a project list in this ZIP.

What the data shows

ZIP 07052 29.8% of occupied households are renters; vacancy is 4.6%; ACS median gross rent is $1,791; population increased +2.4% between the 2018 and 2023 ACS vintages; the housing stock includes 3,180 units in 2–4-unit structures and 2,018 units in 5–49-unit structures; 8 LIHTC projects totaling 609 units; FY2027 2BR SAFMR is $2,520 versus ACS median gross rent of $1,791. These figures describe the underlying housing market, not the cash flow of any one property. Asking rents, expenses, condition, taxes, insurance, and the rent roll have to be underwritten separately.

New Jersey research

ZIP 07052 is a Census / HUD profile for Newark, NJ. Not a listing page. Brokerage is Georgia; out-of-state work is referral.

Nearby ZIPs in this FMR area

Census ZIP areas approximate mail ZIPs. Sources: Census ACS 5-year 2023, HUD FY2027 Small Area FMR, HUD LIHTC and assisted multifamily lists, Census building permits (county). This page is New Jersey research. Brokerage is Georgia.

FAQ

What is the housing market like in ZIP 07052?

ZIP 07052 (Newark, NJ HUD Metro FMR Area) has 48,323 residents, 17,463 households, a renter share of 29.8%, median household income of $131,456, and ACS 2023 median gross rent of $1,791. Vacancy is 4.6%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 07052?

ACS counts 1,983 units in 2-unit buildings, 1,197 in 3–4 unit buildings, 521 in 5–9, 610 in 10–19, and 887 in 20–49. Combined 2–49 unit stock is 5,198 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 07052?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $2,520. See the full schedule and 90–110% payment-standard band on the ZIP 07052 — West Orange, NJ HUD Section 8 Payment Standards / SAFMR.

Does this New Jersey ZIP profile include Georgia listings?

No. ZIP 07052 is Census / HUD research for Newark, NJ HUD Metro FMR Area. Jeff Crowe CRE does not list New Jersey property. Licensed brokerage is Georgia. If you use this stock table and then buy in Georgia, live FMLS Residential Income is on multifamily for sale in Georgia.