Housing market/New Jersey/ZIP 07067

ACS 2023 · FY2027 SAFMR

ZIP 07067 Colonia, 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
18,294
Households
6,193
Median HH income
$134,301
Renter share
11.8%
Median gross rent
$1,964
Vacancy
0.8%
Pop. change
+1.2%
2BR SAFMR
$2,800
SAFMR / rent
1.426×
2–49 unit stock
396
LIHTC proj / units
1 / 62
HUD assisted MF
—

ZIP brief

Email this profile

HUD schedule, ACS stock, and the 90–110% band for ZIP 07067 · NJ — sent to you.

ZIP 07067 · NJ

ACS median rent$1,964
2BR SAFMR$2,800
90% floor$2,520
110% ceiling$3,080

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

Housing stock

ACS 2023 units-in-structure · ZCTA 07067

  • 1-unit detached5,57589.3%
  • 1-unit attached891.4%
  • 2–4 units2413.9%
  • 5–49 units1552.5%
  • 50+ units1672.7%
  • Mobile160.3%
TypeUnitsShare
1-unit detached5,57589.3%
1-unit attached891.4%
2 units (duplex)2263.6%
3–4 units150.2%
5–9 units00.0%
10–19 units1041.7%
20–49 units510.8%
50+ units1672.7%
Mobile160.3%

2–4 unit share 3.9% · 5–49 unit share 2.5% · combined 2–49 6.3%.

Units by bedrooms

Studio
60
1BR
317
2BR
525
3BR
2,639
4BR
2,209
5+
493

Rent burden

Rent ≥30% of income52.1%
Rent ≥50% of income35.7%
  • ACS median gross rent $1,964 (all bedrooms, occupied rentals).
  • Median contract rent $1,751.
  • Renters paying ≥30% of income 52.1%; ≥50% 35.7%.
  • FY2027 2BR SAFMR $2,800 (1.426× ACS median gross rent).

Population

18,294 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: +1.2%.

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

Assisted inventory

  • LIHTC: 1 projects, 62 units.
  • HUD project-based assisted MF: not published for this ZIP.
  • HCV household counts (Picture of Subsidized Households) are not on this page yet.

New apartment permits

About 743 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 07067 11.8% of occupied households are renters; vacancy is 0.8%; ACS median gross rent is $1,964; population increased +1.2% between the 2018 and 2023 ACS vintages; the housing stock includes 241 units in 2–4-unit structures and 155 units in 5–49-unit structures; 1 LIHTC projects totaling 62 units; FY2027 2BR SAFMR is $2,800 versus ACS median gross rent of $1,964. 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 07067 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 07067?

ZIP 07067 (Newark, NJ HUD Metro FMR Area) has 18,294 residents, 6,193 households, a renter share of 11.8%, median household income of $134,301, and ACS 2023 median gross rent of $1,964. Vacancy is 0.8%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 07067?

ACS counts 226 units in 2-unit buildings, 15 in 3–4 unit buildings, 0 in 5–9, 104 in 10–19, and 51 in 20–49. Combined 2–49 unit stock is 396 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 07067?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $2,800. See the full schedule and 90–110% payment-standard band on the ZIP 07067 — Colonia, NJ HUD Section 8 Payment Standards / SAFMR.

Does this New Jersey ZIP profile include Georgia listings?

No. ZIP 07067 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.