Housing market/New Jersey/ZIP 08755

ACS 2023 · FY2027 SAFMR

ZIP 08755 Toms River, 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
29,266
Households
10,467
Median HH income
$81,077
Renter share
18.6%
Median gross rent
$1,484
Vacancy
7.5%
Pop. change
+13.3%
2BR SAFMR
$2,060
SAFMR / rent
1.388×
2–49 unit stock
1,181
LIHTC proj / units
9 / 677
HUD assisted MF
3 / 15

ZIP brief

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HUD schedule, ACS stock, and the 90–110% band for ZIP 08755 · NJ — sent to you.

ZIP 08755 · NJ

ACS median rent$1,484
2BR SAFMR$2,060
90% floor$1,854
110% ceiling$2,266

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

Housing stock

ACS 2023 units-in-structure · ZCTA 08755

  • 1-unit detached7,69468.0%
  • 1-unit attached5454.8%
  • 2–4 units1411.2%
  • 5–49 units1,0409.2%
  • 50+ units5344.7%
  • Mobile1,36412.1%
TypeUnitsShare
1-unit detached7,69468.0%
1-unit attached5454.8%
2 units (duplex)1010.9%
3–4 units400.4%
5–9 units5154.6%
10–19 units4604.1%
20–49 units650.6%
50+ units5344.7%
Mobile1,36412.1%

2–4 unit share 1.2% · 5–49 unit share 9.2% · combined 2–49 10.4%.

Units by bedrooms

Studio
58
1BR
816
2BR
4,503
3BR
2,885
4BR
2,585
5+
471

Rent burden

Rent ≥30% of income59.8%
Rent ≥50% of income31.4%
  • ACS median gross rent $1,484 (all bedrooms, occupied rentals).
  • Median contract rent $1,354.
  • Renters paying ≥30% of income 59.8%; ≥50% 31.4%.
  • FY2027 2BR SAFMR $2,060 (1.388× ACS median gross rent).

Population

29,266 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: +13.3%.

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

Assisted inventory

  • LIHTC: 9 projects, 677 units.
  • HUD project-based assisted MF: 3 properties, 15 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 08755 18.6% of occupied households are renters; vacancy is 7.5%; ACS median gross rent is $1,484; population increased +13.3% between the 2018 and 2023 ACS vintages; the housing stock includes 141 units in 2–4-unit structures and 1,040 units in 5–49-unit structures; 9 LIHTC projects totaling 677 units; FY2027 2BR SAFMR is $2,060 versus ACS median gross rent of $1,484. 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 08755 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 08755?

ZIP 08755 (Monmouth-Ocean, NJ HUD Metro FMR Area) has 29,266 residents, 10,467 households, a renter share of 18.6%, median household income of $81,077, and ACS 2023 median gross rent of $1,484. Vacancy is 7.5%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 08755?

ACS counts 101 units in 2-unit buildings, 40 in 3–4 unit buildings, 515 in 5–9, 460 in 10–19, and 65 in 20–49. Combined 2–49 unit stock is 1,181 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 08755?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $2,060. See the full schedule and 90–110% payment-standard band on the ZIP 08755 — Toms River, NJ HUD Section 8 Payment Standards / SAFMR.

Does this New Jersey ZIP profile include Georgia listings?

No. ZIP 08755 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.