Housing market/New Jersey/ZIP 08050

ACS 2023 · FY2027 SAFMR

ZIP 08050 Manahawkin, 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
27,599
Households
11,075
Median HH income
$115,456
Renter share
10.5%
Median gross rent
$1,756
Vacancy
21.9%
Pop. change
+10.7%
2BR SAFMR
$2,370
SAFMR / rent
1.350×
2–49 unit stock
659
LIHTC proj / units
5 / 472
HUD assisted MF
1 / 84

ZIP brief

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HUD schedule, ACS stock, and the 90–110% band for ZIP 08050 · NJ — sent to you.

ZIP 08050 · NJ

ACS median rent$1,756
2BR SAFMR$2,370
90% floor$2,133
110% ceiling$2,607

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

Housing stock

ACS 2023 units-in-structure · ZCTA 08050

  • 1-unit detached12,47087.9%
  • 1-unit attached4993.5%
  • 2–4 units2521.8%
  • 5–49 units4072.9%
  • 50+ units2161.5%
  • Mobile3382.4%
TypeUnitsShare
1-unit detached12,47087.9%
1-unit attached4993.5%
2 units (duplex)1701.2%
3–4 units820.6%
5–9 units610.4%
10–19 units3322.3%
20–49 units140.1%
50+ units2161.5%
Mobile3382.4%

2–4 unit share 1.8% · 5–49 unit share 2.9% · combined 2–49 4.6%.

Units by bedrooms

Studio
14
1BR
685
2BR
2,735
3BR
6,111
4BR
3,669
5+
968

Rent burden

Rent ≥30% of income33.0%
Rent ≥50% of income16.4%
  • ACS median gross rent $1,756 (all bedrooms, occupied rentals).
  • Median contract rent $1,622.
  • Renters paying ≥30% of income 33.0%; ≥50% 16.4%.
  • FY2027 2BR SAFMR $2,370 (1.350× ACS median gross rent).

Population

27,599 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: +10.7%.

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

Assisted inventory

  • LIHTC: 5 projects, 472 units.
  • HUD project-based assisted MF: 1 properties, 84 assisted units.
  • HCV household counts (Picture of Subsidized Households) are not on this page yet.

New apartment permits

About 378 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 08050 10.5% of occupied households are renters; vacancy is 21.9%; ACS median gross rent is $1,756; population increased +10.7% between the 2018 and 2023 ACS vintages; the housing stock includes 252 units in 2–4-unit structures and 407 units in 5–49-unit structures; 5 LIHTC projects totaling 472 units; FY2027 2BR SAFMR is $2,370 versus ACS median gross rent of $1,756. 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 08050 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 08050?

ZIP 08050 (Monmouth-Ocean, NJ HUD Metro FMR Area) has 27,599 residents, 11,075 households, a renter share of 10.5%, median household income of $115,456, and ACS 2023 median gross rent of $1,756. Vacancy is 21.9%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 08050?

ACS counts 170 units in 2-unit buildings, 82 in 3–4 unit buildings, 61 in 5–9, 332 in 10–19, and 14 in 20–49. Combined 2–49 unit stock is 659 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 08050?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $2,370. See the full schedule and 90–110% payment-standard band on the ZIP 08050 — Manahawkin, NJ HUD Section 8 Payment Standards / SAFMR.

Does this New Jersey ZIP profile include Georgia listings?

No. ZIP 08050 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.