Housing market/New Jersey/ZIP 08087

ACS 2023 · FY2027 SAFMR

ZIP 08087 Tuckerton, New Jersey

Philadelphia-Camden-Wilmington, PA-NJ-DE-MD MSA · New Jersey. Census housing stock, renter economics, HUD SAFMR, LIHTC, and population change. Not a listing page and not a buy/sell score.

Population
25,211
Households
10,736
Median HH income
$87,449
Renter share
17.1%
Median gross rent
$1,760
Vacancy
17.3%
Pop. change
+1.0%
2BR SAFMR
$2,250
SAFMR / rent
1.278×
2–49 unit stock
614
LIHTC proj / units
6 / 410
HUD assisted MF
2 / 100

ZIP brief

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HUD schedule, ACS stock, and the 90–110% band for ZIP 08087 · NJ — sent to you.

ZIP 08087 · NJ

ACS median rent$1,760
2BR SAFMR$2,250
90% floor$2,025
110% ceiling$2,475

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

Housing stock

ACS 2023 units-in-structure · ZCTA 08087

  • 1-unit detached11,11385.6%
  • 1-unit attached8916.9%
  • 2–4 units3162.4%
  • 5–49 units2982.3%
  • 50+ units1521.2%
  • Mobile2121.6%
TypeUnitsShare
1-unit detached11,11385.6%
1-unit attached8916.9%
2 units (duplex)850.7%
3–4 units2311.8%
5–9 units1381.1%
10–19 units1100.8%
20–49 units500.4%
50+ units1521.2%
Mobile2121.6%

2–4 unit share 2.4% · 5–49 unit share 2.3% · combined 2–49 4.7%.

Units by bedrooms

Studio
99
1BR
474
2BR
3,995
3BR
5,491
4BR
2,469
5+
454

Rent burden

Rent ≥30% of income58.0%
Rent ≥50% of income31.3%
  • ACS median gross rent $1,760 (all bedrooms, occupied rentals).
  • Median contract rent $1,428.
  • Renters paying ≥30% of income 58.0%; ≥50% 31.3%.
  • FY2027 2BR SAFMR $2,250 (1.278× ACS median gross rent).

Population

25,211 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: +1.0%.

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

Assisted inventory

  • LIHTC: 6 projects, 410 units.
  • HUD project-based assisted MF: 2 properties, 100 assisted units.
  • HCV household counts (Picture of Subsidized Households) are not on this page yet.

New apartment permits

About 383 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 08087 17.1% of occupied households are renters; vacancy is 17.3%; ACS median gross rent is $1,760; population increased +1.0% between the 2018 and 2023 ACS vintages; the housing stock includes 316 units in 2–4-unit structures and 298 units in 5–49-unit structures; 6 LIHTC projects totaling 410 units; FY2027 2BR SAFMR is $2,250 versus ACS median gross rent of $1,760. 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 08087 is a Census / HUD profile for Philadelphia-Camden-Wilmington, PA-NJ-DE-MD, 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 08087?

ZIP 08087 (Philadelphia-Camden-Wilmington, PA-NJ-DE-MD MSA) has 25,211 residents, 10,736 households, a renter share of 17.1%, median household income of $87,449, and ACS 2023 median gross rent of $1,760. Vacancy is 17.3%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 08087?

ACS counts 85 units in 2-unit buildings, 231 in 3–4 unit buildings, 138 in 5–9, 110 in 10–19, and 50 in 20–49. Combined 2–49 unit stock is 614 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 08087?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $2,250. See the full schedule and 90–110% payment-standard band on the ZIP 08087 — Tuckerton, NJ HUD Section 8 Payment Standards / SAFMR.

Does this New Jersey ZIP profile include Georgia listings?

No. ZIP 08087 is Census / HUD research for Philadelphia-Camden-Wilmington, PA-NJ-DE-MD MSA. 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.