Housing market/New Jersey/ZIP 07513

ACS 2023 · FY2027 SAFMR

ZIP 07513 Paterson, 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
10,961
Households
3,189
Median HH income
$64,320
Renter share
68.9%
Median gross rent
$1,606
Vacancy
3.3%
Pop. change
-11.9%
2BR SAFMR
$2,100
SAFMR / rent
1.308×
2–49 unit stock
2,528
LIHTC proj / units
4 / 260
HUD assisted MF
—

ZIP brief

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HUD schedule, ACS stock, and the 90–110% band for ZIP 07513 · NJ — sent to you.

ZIP 07513 · NJ

ACS median rent$1,606
2BR SAFMR$2,100
90% floor$1,890
110% ceiling$2,310

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

Housing stock

ACS 2023 units-in-structure · ZCTA 07513

  • 1-unit detached57817.5%
  • 1-unit attached1935.9%
  • 2–4 units2,34070.9%
  • 5–49 units1885.7%
TypeUnitsShare
1-unit detached57817.5%
1-unit attached1935.9%
2 units (duplex)1,49445.3%
3–4 units84625.6%
5–9 units682.1%
10–19 units1003.0%
20–49 units200.6%
50+ units00.0%
Mobile00.0%

2–4 unit share 70.9% · 5–49 unit share 5.7% · combined 2–49 76.6%.

Units by bedrooms

Studio
169
1BR
415
2BR
1,168
3BR
1,120
4BR
307
5+
120

Rent burden

Rent ≥30% of income53.5%
Rent ≥50% of income29.3%
  • ACS median gross rent $1,606 (all bedrooms, occupied rentals).
  • Median contract rent $1,389.
  • Renters paying ≥30% of income 53.5%; ≥50% 29.3%.
  • FY2027 2BR SAFMR $2,100 (1.308× ACS median gross rent).

Population

10,961 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: -11.9%.

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

Assisted inventory

  • LIHTC: 4 projects, 260 units.
  • 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 359 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 07513 68.9% of occupied households are renters; vacancy is 3.3%; ACS median gross rent is $1,606; population changed -11.9% between the 2018 and 2023 ACS vintages; the housing stock includes 2,340 units in 2–4-unit structures and 188 units in 5–49-unit structures; 4 LIHTC projects totaling 260 units; FY2027 2BR SAFMR is $2,100 versus ACS median gross rent of $1,606. 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 07513 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 07513?

ZIP 07513 (Bergen-Passaic, NJ HUD Metro FMR Area) has 10,961 residents, 3,189 households, a renter share of 68.9%, median household income of $64,320, and ACS 2023 median gross rent of $1,606. Vacancy is 3.3%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 07513?

ACS counts 1,494 units in 2-unit buildings, 846 in 3–4 unit buildings, 68 in 5–9, 100 in 10–19, and 20 in 20–49. Combined 2–49 unit stock is 2,528 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 07513?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $2,100. See the full schedule and 90–110% payment-standard band on the ZIP 07513 — Paterson, NJ HUD Section 8 Payment Standards / SAFMR.

Does this New Jersey ZIP profile include Georgia listings?

No. ZIP 07513 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.