Housing market/New Jersey/ZIP 07711

ACS 2023 · FY2027 SAFMR

ZIP 07711 Allenhurst, New Jersey

Monmouth-Ocean, 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
1,820
Households
613
Median HH income
$125,938
Renter share
23.2%
Median gross rent
$2,033
Vacancy
33.4%
Pop. change
+15.9%
2BR SAFMR
$2,430
SAFMR / rent
1.195×
2–49 unit stock
96
LIHTC proj / units
—
HUD assisted MF
—

ZIP brief

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HUD schedule, ACS stock, and the 90–110% band for ZIP 07711 · NJ — sent to you.

ZIP 07711 · NJ

ACS median rent$2,033
2BR SAFMR$2,430
90% floor$2,187
110% ceiling$2,673

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

Housing stock

ACS 2023 units-in-structure · ZCTA 07711

  • 1-unit detached81288.3%
  • 1-unit attached121.3%
  • 2–4 units525.7%
  • 5–49 units444.8%
TypeUnitsShare
1-unit detached81288.3%
1-unit attached121.3%
2 units (duplex)414.5%
3–4 units111.2%
5–9 units161.7%
10–19 units262.8%
20–49 units20.2%
50+ units00.0%
Mobile00.0%

2–4 unit share 5.7% · 5–49 unit share 4.8% · combined 2–49 10.4%.

Units by bedrooms

Studio
0
1BR
88
2BR
133
3BR
241
4BR
214
5+
244

Rent burden

Rent ≥30% of income57.0%
Rent ≥50% of income26.8%
  • ACS median gross rent $2,033 (all bedrooms, occupied rentals).
  • Median contract rent $1,946.
  • Renters paying ≥30% of income 57.0%; ≥50% 26.8%.
  • FY2027 2BR SAFMR $2,430 (1.195× ACS median gross rent).

Population

1,820 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: +15.9%.

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 613 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 07711 23.2% of occupied households are renters; vacancy is 33.4%; ACS median gross rent is $2,033; population increased +15.9% between the 2018 and 2023 ACS vintages; the housing stock includes 52 units in 2–4-unit structures and 44 units in 5–49-unit structures; FY2027 2BR SAFMR is $2,430 versus ACS median gross rent of $2,033. 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 07711 is a Census / HUD profile for Monmouth-Ocean, 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 07711?

ZIP 07711 (Monmouth-Ocean, NJ HUD Metro FMR Area) has 1,820 residents, 613 households, a renter share of 23.2%, median household income of $125,938, and ACS 2023 median gross rent of $2,033. Vacancy is 33.4%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 07711?

ACS counts 41 units in 2-unit buildings, 11 in 3–4 unit buildings, 16 in 5–9, 26 in 10–19, and 2 in 20–49. Combined 2–49 unit stock is 96 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 07711?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $2,430. See the full schedule and 90–110% payment-standard band on the ZIP 07711 — Allenhurst, NJ HUD Section 8 Payment Standards / SAFMR.

Does this New Jersey ZIP profile include Georgia listings?

No. ZIP 07711 is Census / HUD research for Monmouth-Ocean, 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.