Housing market/New Jersey/ZIP 07666

ACS 2023 · FY2027 SAFMR

ZIP 07666 Teaneck, 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
41,499
Households
13,406
Median HH income
$134,311
Renter share
23.1%
Median gross rent
$1,850
Vacancy
3.2%
Pop. change
+2.4%
2BR SAFMR
$2,380
SAFMR / rent
1.286×
2–49 unit stock
2,508
LIHTC proj / units
3 / 142
HUD assisted MF
2 / 218

ZIP brief

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HUD schedule, ACS stock, and the 90–110% band for ZIP 07666 · NJ — sent to you.

ZIP 07666 · NJ

ACS median rent$1,850
2BR SAFMR$2,380
90% floor$2,142
110% ceiling$2,618

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

Housing stock

ACS 2023 units-in-structure · ZCTA 07666

  • 1-unit detached10,21973.8%
  • 1-unit attached4303.1%
  • 2–4 units9606.9%
  • 5–49 units1,54811.2%
  • 50+ units6274.5%
  • Mobile670.5%
TypeUnitsShare
1-unit detached10,21973.8%
1-unit attached4303.1%
2 units (duplex)6834.9%
3–4 units2772.0%
5–9 units8626.2%
10–19 units3322.4%
20–49 units3542.6%
50+ units6274.5%
Mobile670.5%

2–4 unit share 6.9% · 5–49 unit share 11.2% · combined 2–49 18.1%.

Units by bedrooms

Studio
227
1BR
1,164
2BR
2,736
3BR
5,198
4BR
3,317
5+
1,209

Rent burden

Rent ≥30% of income39.3%
Rent ≥50% of income16.1%
  • ACS median gross rent $1,850 (all bedrooms, occupied rentals).
  • Median contract rent $1,688.
  • Renters paying ≥30% of income 39.3%; ≥50% 16.1%.
  • FY2027 2BR SAFMR $2,380 (1.286× ACS median gross rent).

Population

41,499 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: 3 projects, 142 units.
  • HUD project-based assisted MF: 2 properties, 218 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 07666 23.1% of occupied households are renters; vacancy is 3.2%; ACS median gross rent is $1,850; population increased +2.4% between the 2018 and 2023 ACS vintages; the housing stock includes 960 units in 2–4-unit structures and 1,548 units in 5–49-unit structures; 3 LIHTC projects totaling 142 units; FY2027 2BR SAFMR is $2,380 versus ACS median gross rent of $1,850. 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 07666 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 07666?

ZIP 07666 (Bergen-Passaic, NJ HUD Metro FMR Area) has 41,499 residents, 13,406 households, a renter share of 23.1%, median household income of $134,311, and ACS 2023 median gross rent of $1,850. Vacancy is 3.2%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 07666?

ACS counts 683 units in 2-unit buildings, 277 in 3–4 unit buildings, 862 in 5–9, 332 in 10–19, and 354 in 20–49. Combined 2–49 unit stock is 2,508 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 07666?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $2,380. See the full schedule and 90–110% payment-standard band on the ZIP 07666 — Teaneck, NJ HUD Section 8 Payment Standards / SAFMR.

Does this New Jersey ZIP profile include Georgia listings?

No. ZIP 07666 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.