JeffCroweCRE

Housing market/New Jersey/ZIP 07757

ACS 2023 · FY2027 SAFMR

ZIP 07757 Oceanport, 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
6,130
Households
2,490
Median HH income
$156,196
Renter share
6.5%
Median gross rent
$1,310
Vacancy
5.0%
Pop. change
+8.2%
2BR SAFMR
$2,490
SAFMR / rent
1.901×
2–49 unit stock
39
LIHTC proj / units
2 / 149
HUD assisted MF
2 / 105

ZIP brief

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HUD schedule, ACS stock, and the 90–110% band for ZIP 07757 · NJ — sent to you.

ZIP 07757 · NJ

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ACS rent vs 2BR SAFMR

ZIP 07757 — Oceanport, NJ HUD Section 8 Payment Standards / SAFMR →
ACS median rent$1,310
2BR SAFMR$2,490
90% floor$2,241
110% ceiling$2,739

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

Housing stock

ACS 2023 units-in-structure · ZCTA 07757

  • 1-unit detached2,10280.2%
  • 1-unit attached31612.1%
  • 2–4 units200.8%
  • 5–49 units190.7%
  • 50+ units1124.3%
  • Mobile511.9%
TypeUnitsShare
1-unit detached2,10280.2%
1-unit attached31612.1%
2 units (duplex)00.0%
3–4 units200.8%
5–9 units00.0%
10–19 units190.7%
20–49 units00.0%
50+ units1124.3%
Mobile511.9%

2–4 unit share 0.8% · 5–49 unit share 0.7% · combined 2–49 1.5%.

Units by bedrooms

Studio
0
1BR
112
2BR
383
3BR
1,121
4BR
870
5+
134

Rent burden

Rent ≥30% of income41.4%
Rent ≥50% of income27.2%
  • ACS median gross rent $1,310 (all bedrooms, occupied rentals).
  • Median contract rent $1,310.
  • Renters paying ≥30% of income 41.4%; ≥50% 27.2%.
  • FY2027 2BR SAFMR $2,490 (1.901× ACS median gross rent).

Population

6,130 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: +8.2%.

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

Assisted inventory

  • LIHTC: 2 projects, 149 units.
  • HUD project-based assisted MF: 2 properties, 105 assisted units.
  • 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 07757 6.5% of occupied households are renters; vacancy is 5.0%; ACS median gross rent is $1,310; population increased +8.2% between the 2018 and 2023 ACS vintages; the housing stock includes 20 units in 2–4-unit structures and 19 units in 5–49-unit structures; 2 LIHTC projects totaling 149 units; FY2027 2BR SAFMR is $2,490 versus ACS median gross rent of $1,310. 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 07757 is a Census / HUD profile for Monmouth-Ocean, NJ. Not a listing page. Brokerage is Georgia; out-of-state work is referral.

ZIP 07757 — Oceanport, NJ HUD Section 8 Payment Standards / SAFMR·New Jersey ZIP directory

Nearby ZIPs in this FMR area

ZIPPlaceRentersMed. rent2BR SAFMR
07701Monmouth-Ocean, NJ HUD Metro FMR Area34.7%$1,971$2,62007702Monmouth-Ocean, NJ HUD Metro FMR Area15.9%$3,300$3,42007703Monmouth-Ocean, NJ HUD Metro FMR Area——$2,74007704Monmouth-Ocean, NJ HUD Metro FMR Area7.6%$3,500$3,42007710Monmouth-Ocean, NJ HUD Metro FMR Area——$2,33007711Monmouth-Ocean, NJ HUD Metro FMR Area23.2%$2,033$2,43007712Monmouth-Ocean, NJ HUD Metro FMR Area52.3%$1,496$2,31007716Monmouth-Ocean, NJ HUD Metro FMR Area30.8%$1,863$2,54007717Monmouth-Ocean, NJ HUD Metro FMR Area34.3%$1,891$2,38007718Monmouth-Ocean, NJ HUD Metro FMR Area5.0%$1,847$2,09007719Monmouth-Ocean, NJ HUD Metro FMR Area26.6%$1,754$2,26007720Monmouth-Ocean, NJ HUD Metro FMR Area51.7%$1,710$2,220

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 07757?

ZIP 07757 (Monmouth-Ocean, NJ HUD Metro FMR Area) has 6,130 residents, 2,490 households, a renter share of 6.5%, median household income of $156,196, and ACS 2023 median gross rent of $1,310. Vacancy is 5.0%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 07757?

ACS counts 0 units in 2-unit buildings, 20 in 3–4 unit buildings, 0 in 5–9, 19 in 10–19, and 0 in 20–49. Combined 2–49 unit stock is 39 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 07757?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $2,490. See the full schedule and 90–110% payment-standard band on the ZIP 07757 — Oceanport, NJ HUD Section 8 Payment Standards / SAFMR.

Does this New Jersey ZIP profile include Georgia listings?

No. ZIP 07757 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.