Housing market/New Jersey/ZIP 07832

ACS 2023 · FY2027 SAFMR

ZIP 07832 Columbia, 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
3,459
Households
1,345
Median HH income
$104,358
Renter share
9.9%
Median gross rent
$1,756
Vacancy
4.8%
Pop. change
-4.8%
2BR SAFMR
$2,520
SAFMR / rent
1.435×
2–49 unit stock
20
LIHTC proj / units
—
HUD assisted MF
1 / 6

ZIP brief

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HUD schedule, ACS stock, and the 90–110% band for ZIP 07832 · NJ — sent to you.

ZIP 07832 · NJ

ACS median rent$1,756
2BR SAFMR$2,520
90% floor$2,268
110% ceiling$2,772

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

Housing stock

ACS 2023 units-in-structure · ZCTA 07832

  • 1-unit detached1,33194.3%
  • 1-unit attached211.5%
  • 2–4 units141.0%
  • 5–49 units60.4%
  • Mobile402.8%
TypeUnitsShare
1-unit detached1,33194.3%
1-unit attached211.5%
2 units (duplex)80.6%
3–4 units60.4%
5–9 units00.0%
10–19 units60.4%
20–49 units00.0%
50+ units00.0%
Mobile402.8%

2–4 unit share 1.0% · 5–49 unit share 0.4% · combined 2–49 1.4%.

Units by bedrooms

Studio
52
1BR
73
2BR
169
3BR
655
4BR
396
5+
67

Rent burden

Rent ≥30% of income20.3%
Rent ≥50% of income14.3%
  • ACS median gross rent $1,756 (all bedrooms, occupied rentals).
  • Median contract rent $1,450.
  • Renters paying ≥30% of income 20.3%; ≥50% 14.3%.
  • FY2027 2BR SAFMR $2,520 (1.435× ACS median gross rent).

Population

3,459 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: -4.8%.

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

New apartment permits

About 39 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 07832 9.9% of occupied households are renters; vacancy is 4.8%; ACS median gross rent is $1,756; population changed -4.8% between the 2018 and 2023 ACS vintages; the housing stock includes 14 units in 2–4-unit structures and 6 units in 5–49-unit structures; FY2027 2BR SAFMR is $2,520 versus ACS median gross rent of $1,756. 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 07832 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 07832?

ZIP 07832 (Newark, NJ HUD Metro FMR Area) has 3,459 residents, 1,345 households, a renter share of 9.9%, median household income of $104,358, and ACS 2023 median gross rent of $1,756. Vacancy is 4.8%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 07832?

ACS counts 8 units in 2-unit buildings, 6 in 3–4 unit buildings, 0 in 5–9, 6 in 10–19, and 0 in 20–49. Combined 2–49 unit stock is 20 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 07832?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $2,520. See the full schedule and 90–110% payment-standard band on the ZIP 07832 — Columbia, NJ HUD Section 8 Payment Standards / SAFMR.

Does this New Jersey ZIP profile include Georgia listings?

No. ZIP 07832 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.