Housing market/New Jersey/ZIP 07018

ACS 2023 · FY2027 SAFMR

ZIP 07018 East Orange, New Jersey

Newark, 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
28,261
Households
12,098
Median HH income
$59,039
Renter share
77.7%
Median gross rent
$1,410
Vacancy
7.7%
Pop. change
-1.7%
2BR SAFMR
$2,100
SAFMR / rent
1.489×
2–49 unit stock
5,951
LIHTC proj / units
19 / 1,951
HUD assisted MF
9 / 1,041

ZIP brief

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HUD schedule, ACS stock, and the 90–110% band for ZIP 07018 · NJ — sent to you.

ZIP 07018 · NJ

ACS median rent$1,410
2BR SAFMR$2,100
90% floor$1,890
110% ceiling$2,310

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

Housing stock

ACS 2023 units-in-structure · ZCTA 07018

  • 1-unit detached2,14516.4%
  • 1-unit attached6655.1%
  • 2–4 units3,24224.7%
  • 5–49 units2,70920.7%
  • 50+ units4,33033.0%
  • Mobile160.1%
TypeUnitsShare
1-unit detached2,14516.4%
1-unit attached6655.1%
2 units (duplex)1,61812.3%
3–4 units1,62412.4%
5–9 units6915.3%
10–19 units8986.9%
20–49 units1,1208.5%
50+ units4,33033.0%
Mobile160.1%

2–4 unit share 24.7% · 5–49 unit share 20.7% · combined 2–49 45.4%.

Units by bedrooms

Studio
1,208
1BR
3,679
2BR
3,864
3BR
2,953
4BR
853
5+
550

Rent burden

Rent ≥30% of income50.0%
Rent ≥50% of income24.0%
  • ACS median gross rent $1,410 (all bedrooms, occupied rentals).
  • Median contract rent $1,280.
  • Renters paying ≥30% of income 50.0%; ≥50% 24.0%.
  • FY2027 2BR SAFMR $2,100 (1.489× ACS median gross rent).

Population

28,261 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: -1.7%.

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

Assisted inventory

  • LIHTC: 19 projects, 1,951 units.
  • HUD project-based assisted MF: 9 properties, 1,041 assisted units.
  • HCV household counts (Picture of Subsidized Households) are not on this page yet.

New apartment permits

About 2,942 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 07018 77.7% of occupied households are renters; vacancy is 7.7%; ACS median gross rent is $1,410; population changed -1.7% between the 2018 and 2023 ACS vintages; the housing stock includes 3,242 units in 2–4-unit structures and 2,709 units in 5–49-unit structures; 19 LIHTC projects totaling 1,951 units; FY2027 2BR SAFMR is $2,100 versus ACS median gross rent of $1,410. 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 07018 is a Census / HUD profile for Newark, 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 07018?

ZIP 07018 (Newark, NJ HUD Metro FMR Area) has 28,261 residents, 12,098 households, a renter share of 77.7%, median household income of $59,039, and ACS 2023 median gross rent of $1,410. Vacancy is 7.7%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 07018?

ACS counts 1,618 units in 2-unit buildings, 1,624 in 3–4 unit buildings, 691 in 5–9, 898 in 10–19, and 1,120 in 20–49. Combined 2–49 unit stock is 5,951 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 07018?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $2,100. See the full schedule and 90–110% payment-standard band on the ZIP 07018 — East Orange, NJ HUD Section 8 Payment Standards / SAFMR.

Does this New Jersey ZIP profile include Georgia listings?

No. ZIP 07018 is Census / HUD research for Newark, 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.