Housing market/New Jersey/ZIP 07631

ACS 2023 · FY2027 SAFMR

ZIP 07631 Englewood, 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
29,342
Households
11,258
Median HH income
$101,398
Renter share
47.3%
Median gross rent
$1,925
Vacancy
6.6%
Pop. change
+3.9%
2BR SAFMR
$2,580
SAFMR / rent
1.340×
2–49 unit stock
3,759
LIHTC proj / units
1 / 268
HUD assisted MF
4 / 221

ZIP brief

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HUD schedule, ACS stock, and the 90–110% band for ZIP 07631 · NJ — sent to you.

ZIP 07631 · NJ

ACS median rent$1,925
2BR SAFMR$2,580
90% floor$2,322
110% ceiling$2,838

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

Housing stock

ACS 2023 units-in-structure · ZCTA 07631

  • 1-unit detached4,75339.5%
  • 1-unit attached1,0438.7%
  • 2–4 units1,35311.2%
  • 5–49 units2,40620.0%
  • 50+ units2,49120.7%
  • Mobile10.0%
TypeUnitsShare
1-unit detached4,75339.5%
1-unit attached1,0438.7%
2 units (duplex)9297.7%
3–4 units4243.5%
5–9 units8336.9%
10–19 units7766.4%
20–49 units7976.6%
50+ units2,49120.7%
Mobile10.0%

2–4 unit share 11.2% · 5–49 unit share 20.0% · combined 2–49 31.2%.

Units by bedrooms

Studio
255
1BR
2,116
2BR
4,086
3BR
3,068
4BR
1,451
5+
1,071

Rent burden

Rent ≥30% of income57.6%
Rent ≥50% of income32.2%
  • ACS median gross rent $1,925 (all bedrooms, occupied rentals).
  • Median contract rent $1,770.
  • Renters paying ≥30% of income 57.6%; ≥50% 32.2%.
  • FY2027 2BR SAFMR $2,580 (1.340× ACS median gross rent).

Population

29,342 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: +3.9%.

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

Assisted inventory

  • LIHTC: 1 projects, 268 units.
  • HUD project-based assisted MF: 4 properties, 221 assisted units.
  • 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 07631 47.3% of occupied households are renters; vacancy is 6.6%; ACS median gross rent is $1,925; population increased +3.9% between the 2018 and 2023 ACS vintages; the housing stock includes 1,353 units in 2–4-unit structures and 2,406 units in 5–49-unit structures; 1 LIHTC projects totaling 268 units; FY2027 2BR SAFMR is $2,580 versus ACS median gross rent of $1,925. 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 07631 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 07631?

ZIP 07631 (Bergen-Passaic, NJ HUD Metro FMR Area) has 29,342 residents, 11,258 households, a renter share of 47.3%, median household income of $101,398, and ACS 2023 median gross rent of $1,925. Vacancy is 6.6%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 07631?

ACS counts 929 units in 2-unit buildings, 424 in 3–4 unit buildings, 833 in 5–9, 776 in 10–19, and 797 in 20–49. Combined 2–49 unit stock is 3,759 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 07631?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $2,580. See the full schedule and 90–110% payment-standard band on the ZIP 07631 — Englewood, NJ HUD Section 8 Payment Standards / SAFMR.

Does this New Jersey ZIP profile include Georgia listings?

No. ZIP 07631 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.