Housing market/New Jersey/ZIP 07670

ACS 2023 · FY2027 SAFMR

ZIP 07670 Tenafly, 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
15,252
Households
5,222
Median HH income
$208,088
Renter share
27.8%
Median gross rent
$3,143
Vacancy
3.6%
Pop. change
+3.9%
2BR SAFMR
$3,420
SAFMR / rent
1.088×
2–49 unit stock
731
LIHTC proj / units
—
HUD assisted MF
1 / 34

ZIP brief

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HUD schedule, ACS stock, and the 90–110% band for ZIP 07670 · NJ — sent to you.

ZIP 07670 · NJ

ACS median rent$3,143
2BR SAFMR$3,420
90% floor$3,078
110% ceiling$3,762

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

Housing stock

ACS 2023 units-in-structure · ZCTA 07670

  • 1-unit detached4,11075.9%
  • 1-unit attached3316.1%
  • 2–4 units4207.8%
  • 5–49 units3115.7%
  • 50+ units1813.3%
  • Mobile621.1%
TypeUnitsShare
1-unit detached4,11075.9%
1-unit attached3316.1%
2 units (duplex)2985.5%
3–4 units1222.3%
5–9 units1382.5%
10–19 units861.6%
20–49 units871.6%
50+ units1813.3%
Mobile621.1%

2–4 unit share 7.8% · 5–49 unit share 5.7% · combined 2–49 13.5%.

Units by bedrooms

Studio
8
1BR
430
2BR
546
3BR
1,471
4BR
1,761
5+
1,199

Rent burden

Rent ≥30% of income31.1%
Rent ≥50% of income17.5%
  • ACS median gross rent $3,143 (all bedrooms, occupied rentals).
  • Median contract rent $2,913.
  • Renters paying ≥30% of income 31.1%; ≥50% 17.5%.
  • FY2027 2BR SAFMR $3,420 (1.088× ACS median gross rent).

Population

15,252 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: +3.9%.

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, 34 assisted units.
  • HCV household counts (Picture of Subsidized Households) are not on this page yet.

New apartment permits

About 1,318 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 07670 27.8% of occupied households are renters; vacancy is 3.6%; ACS median gross rent is $3,143; population increased +3.9% between the 2018 and 2023 ACS vintages; the housing stock includes 420 units in 2–4-unit structures and 311 units in 5–49-unit structures; FY2027 2BR SAFMR is $3,420 versus ACS median gross rent of $3,143. 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 07670 is a Census / HUD profile for Bergen-Passaic, 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 07670?

ZIP 07670 (Bergen-Passaic, NJ HUD Metro FMR Area) has 15,252 residents, 5,222 households, a renter share of 27.8%, median household income of $208,088, and ACS 2023 median gross rent of $3,143. Vacancy is 3.6%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 07670?

ACS counts 298 units in 2-unit buildings, 122 in 3–4 unit buildings, 138 in 5–9, 86 in 10–19, and 87 in 20–49. Combined 2–49 unit stock is 731 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 07670?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $3,420. See the full schedule and 90–110% payment-standard band on the ZIP 07670 — Tenafly, NJ HUD Section 8 Payment Standards / SAFMR.

Does this New Jersey ZIP profile include Georgia listings?

No. ZIP 07670 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.