Housing market/New Jersey/ZIP 07073

ACS 2023 · FY2027 SAFMR

ZIP 07073 East Rutherford, New Jersey

Bergen-Passaic, 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
10,154
Households
4,177
Median HH income
$91,789
Renter share
64.3%
Median gross rent
$1,867
Vacancy
3.4%
Pop. change
+7.3%
2BR SAFMR
$2,390
SAFMR / rent
1.280×
2–49 unit stock
2,565
LIHTC proj / units
—
HUD assisted MF
—

ZIP brief

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HUD schedule, ACS stock, and the 90–110% band for ZIP 07073 · NJ — sent to you.

ZIP 07073 · NJ

ACS median rent$1,867
2BR SAFMR$2,390
90% floor$2,151
110% ceiling$2,629

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

Housing stock

ACS 2023 units-in-structure · ZCTA 07073

  • 1-unit detached81318.8%
  • 1-unit attached2656.1%
  • 2–4 units1,90844.1%
  • 5–49 units65715.2%
  • 50+ units68215.8%
TypeUnitsShare
1-unit detached81318.8%
1-unit attached2656.1%
2 units (duplex)1,54335.7%
3–4 units3658.4%
5–9 units601.4%
10–19 units3077.1%
20–49 units2906.7%
50+ units68215.8%
Mobile00.0%

2–4 unit share 44.1% · 5–49 unit share 15.2% · combined 2–49 59.3%.

Units by bedrooms

Studio
64
1BR
1,115
2BR
1,833
3BR
802
4BR
320
5+
191

Rent burden

Rent ≥30% of income42.6%
Rent ≥50% of income21.3%
  • ACS median gross rent $1,867 (all bedrooms, occupied rentals).
  • Median contract rent $1,707.
  • Renters paying ≥30% of income 42.6%; ≥50% 21.3%.
  • FY2027 2BR SAFMR $2,390 (1.280× ACS median gross rent).

Population

10,154 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: +7.3%.

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

Assisted inventory

  • LIHTC: not published for this ZIP.
  • HUD project-based assisted MF: not published for this ZIP.
  • HCV household counts (Picture of Subsidized Households) are not on this page yet.

New apartment permits

About 1,318 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 07073 64.3% of occupied households are renters; vacancy is 3.4%; ACS median gross rent is $1,867; population increased +7.3% between the 2018 and 2023 ACS vintages; the housing stock includes 1,908 units in 2–4-unit structures and 657 units in 5–49-unit structures; FY2027 2BR SAFMR is $2,390 versus ACS median gross rent of $1,867. 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 07073 is a Census / HUD profile for Bergen-Passaic, 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 07073?

ZIP 07073 (Bergen-Passaic, NJ HUD Metro FMR Area) has 10,154 residents, 4,177 households, a renter share of 64.3%, median household income of $91,789, and ACS 2023 median gross rent of $1,867. Vacancy is 3.4%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 07073?

ACS counts 1,543 units in 2-unit buildings, 365 in 3–4 unit buildings, 60 in 5–9, 307 in 10–19, and 290 in 20–49. Combined 2–49 unit stock is 2,565 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 07073?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $2,390. See the full schedule and 90–110% payment-standard band on the ZIP 07073 — East Rutherford, NJ HUD Section 8 Payment Standards / SAFMR.

Does this New Jersey ZIP profile include Georgia listings?

No. ZIP 07073 is Census / HUD research for Bergen-Passaic, 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.