Housing market/New Jersey/ZIP 07080

ACS 2023 · FY2027 SAFMR

ZIP 07080 South Plainfield, New Jersey

Middlesex-Somerset-Hunterdon, 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
24,215
Households
8,270
Median HH income
$126,161
Renter share
14.9%
Median gross rent
$1,928
Vacancy
1.9%
Pop. change
+1.5%
2BR SAFMR
$2,760
SAFMR / rent
1.432×
2–49 unit stock
1,255
LIHTC proj / units
3 / 300
HUD assisted MF
1 / 3

ZIP brief

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HUD schedule, ACS stock, and the 90–110% band for ZIP 07080 · NJ — sent to you.

ZIP 07080 · NJ

ACS median rent$1,928
2BR SAFMR$2,760
90% floor$2,484
110% ceiling$3,036

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

Housing stock

ACS 2023 units-in-structure · ZCTA 07080

  • 1-unit detached6,64578.8%
  • 1-unit attached3804.5%
  • 2–4 units5196.2%
  • 5–49 units7368.7%
  • 50+ units1521.8%
  • Mobile10.0%
TypeUnitsShare
1-unit detached6,64578.8%
1-unit attached3804.5%
2 units (duplex)4455.3%
3–4 units740.9%
5–9 units1011.2%
10–19 units3394.0%
20–49 units2963.5%
50+ units1521.8%
Mobile10.0%

2–4 unit share 6.2% · 5–49 unit share 8.7% · combined 2–49 14.9%.

Units by bedrooms

Studio
4
1BR
406
2BR
1,406
3BR
4,105
4BR
1,992
5+
520

Rent burden

Rent ≥30% of income44.9%
Rent ≥50% of income13.9%
  • ACS median gross rent $1,928 (all bedrooms, occupied rentals).
  • Median contract rent $1,714.
  • Renters paying ≥30% of income 44.9%; ≥50% 13.9%.
  • FY2027 2BR SAFMR $2,760 (1.432× ACS median gross rent).

Population

24,215 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: +1.5%.

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

Assisted inventory

  • LIHTC: 3 projects, 300 units.
  • HUD project-based assisted MF: 1 properties, 3 assisted units.
  • 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 07080 14.9% of occupied households are renters; vacancy is 1.9%; ACS median gross rent is $1,928; population increased +1.5% between the 2018 and 2023 ACS vintages; the housing stock includes 519 units in 2–4-unit structures and 736 units in 5–49-unit structures; 3 LIHTC projects totaling 300 units; FY2027 2BR SAFMR is $2,760 versus ACS median gross rent of $1,928. 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 07080 is a Census / HUD profile for Middlesex-Somerset-Hunterdon, 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 07080?

ZIP 07080 (Middlesex-Somerset-Hunterdon, NJ HUD Metro FMR Area) has 24,215 residents, 8,270 households, a renter share of 14.9%, median household income of $126,161, and ACS 2023 median gross rent of $1,928. Vacancy is 1.9%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 07080?

ACS counts 445 units in 2-unit buildings, 74 in 3–4 unit buildings, 101 in 5–9, 339 in 10–19, and 296 in 20–49. Combined 2–49 unit stock is 1,255 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 07080?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $2,760. See the full schedule and 90–110% payment-standard band on the ZIP 07080 — South Plainfield, NJ HUD Section 8 Payment Standards / SAFMR.

Does this New Jersey ZIP profile include Georgia listings?

No. ZIP 07080 is Census / HUD research for Middlesex-Somerset-Hunterdon, 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.