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Housing market/New Jersey/ZIP 07506

ACS 2023 · FY2027 SAFMR

ZIP 07506 Hawthorne, New Jersey

Bergen-Passaic, 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
19,472
Households
7,613
Median HH income
$118,093
Renter share
31.8%
Median gross rent
$1,828
Vacancy
5.2%
Pop. change
+3.6%
2BR SAFMR
$2,310
SAFMR / rent
1.264×
2–49 unit stock
3,050
LIHTC proj / units
—
HUD assisted MF
1 / 12

ZIP brief

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HUD schedule, ACS stock, and the 90–110% band for ZIP 07506 · NJ — sent to you.

ZIP 07506 · NJ

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ACS rent vs 2BR SAFMR

ZIP 07506 — Hawthorne, NJ HUD Section 8 Payment Standards / SAFMR →
ACS median rent$1,828
2BR SAFMR$2,310
90% floor$2,079
110% ceiling$2,541

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

Housing stock

ACS 2023 units-in-structure · ZCTA 07506

  • 1-unit detached4,21452.5%
  • 1-unit attached6367.9%
  • 2–4 units2,40830.0%
  • 5–49 units6428.0%
  • 50+ units1201.5%
  • Mobile130.2%
TypeUnitsShare
1-unit detached4,21452.5%
1-unit attached6367.9%
2 units (duplex)2,11426.3%
3–4 units2943.7%
5–9 units1792.2%
10–19 units1842.3%
20–49 units2793.5%
50+ units1201.5%
Mobile130.2%

2–4 unit share 30.0% · 5–49 unit share 8.0% · combined 2–49 38.0%.

Units by bedrooms

Studio
188
1BR
920
2BR
2,209
3BR
3,060
4BR
1,351
5+
305

Rent burden

Rent ≥30% of income35.6%
Rent ≥50% of income13.3%
  • ACS median gross rent $1,828 (all bedrooms, occupied rentals).
  • Median contract rent $1,704.
  • Renters paying ≥30% of income 35.6%; ≥50% 13.3%.
  • FY2027 2BR SAFMR $2,310 (1.264× ACS median gross rent).

Population

19,472 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: +3.6%.

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

Assisted inventory

  • LIHTC: not published for this ZIP.
  • HUD project-based assisted MF: 1 properties, 12 assisted units.
  • HCV household counts (Picture of Subsidized Households) are not on this page yet.

New apartment permits

About 359 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 07506 31.8% of occupied households are renters; vacancy is 5.2%; ACS median gross rent is $1,828; population increased +3.6% between the 2018 and 2023 ACS vintages; the housing stock includes 2,408 units in 2–4-unit structures and 642 units in 5–49-unit structures; FY2027 2BR SAFMR is $2,310 versus ACS median gross rent of $1,828. 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 07506 is a Census / HUD profile for Bergen-Passaic, NJ. Not a listing page. Brokerage is Georgia; out-of-state work is referral.

ZIP 07506 — Hawthorne, NJ HUD Section 8 Payment Standards / SAFMR·New Jersey ZIP directory

Nearby ZIPs in this FMR area

ZIPPlaceRentersMed. rent2BR SAFMR
07010Bergen-Passaic, NJ HUD Metro FMR Area50.2%$1,783$2,34007011Bergen-Passaic, NJ HUD Metro FMR Area54.8%$1,613$2,24007012Bergen-Passaic, NJ HUD Metro FMR Area44.8%$1,695$2,21007013Bergen-Passaic, NJ HUD Metro FMR Area26.7%$1,696$2,31007014Bergen-Passaic, NJ HUD Metro FMR Area26.9%$1,912$2,77007015Bergen-Passaic, NJ HUD Metro FMR Area——$2,08007020Bergen-Passaic, NJ HUD Metro FMR Area59.0%$2,645$3,40007022Bergen-Passaic, NJ HUD Metro FMR Area65.2%$1,597$2,12007024Bergen-Passaic, NJ HUD Metro FMR Area42.5%$2,257$3,36007026Bergen-Passaic, NJ HUD Metro FMR Area54.6%$1,612$2,14007031Bergen-Passaic, NJ HUD Metro FMR Area53.6%$1,706$2,19007055Bergen-Passaic, NJ HUD Metro FMR Area76.5%$1,392$1,920

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 07506?

ZIP 07506 (Bergen-Passaic, NJ HUD Metro FMR Area) has 19,472 residents, 7,613 households, a renter share of 31.8%, median household income of $118,093, and ACS 2023 median gross rent of $1,828. Vacancy is 5.2%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 07506?

ACS counts 2,114 units in 2-unit buildings, 294 in 3–4 unit buildings, 179 in 5–9, 184 in 10–19, and 279 in 20–49. Combined 2–49 unit stock is 3,050 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 07506?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $2,310. See the full schedule and 90–110% payment-standard band on the ZIP 07506 — Hawthorne, NJ HUD Section 8 Payment Standards / SAFMR.

Does this New Jersey ZIP profile include Georgia listings?

No. ZIP 07506 is Census / HUD research for Bergen-Passaic, 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.