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Housing market/New Jersey/ZIP 07921

ACS 2023 · FY2027 SAFMR

ZIP 07921 Bedminster, 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
7,563
Households
3,990
Median HH income
$117,705
Renter share
20.8%
Median gross rent
$2,160
Vacancy
2.0%
Pop. change
-1.1%
2BR SAFMR
$3,110
SAFMR / rent
1.440×
2–49 unit stock
1,281
LIHTC proj / units
4 / 202
HUD assisted MF
—

ZIP brief

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HUD schedule, ACS stock, and the 90–110% band for ZIP 07921 · NJ — sent to you.

ZIP 07921 · NJ

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ACS rent vs 2BR SAFMR

ZIP 07921 — Bedminster, NJ HUD Section 8 Payment Standards / SAFMR →
ACS median rent$2,160
2BR SAFMR$3,110
90% floor$2,799
110% ceiling$3,421

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

Housing stock

ACS 2023 units-in-structure · ZCTA 07921

  • 1-unit detached94323.2%
  • 1-unit attached1,81744.6%
  • 2–4 units2716.7%
  • 5–49 units1,01024.8%
  • 50+ units310.8%
TypeUnitsShare
1-unit detached94323.2%
1-unit attached1,81744.6%
2 units (duplex)1553.8%
3–4 units1162.8%
5–9 units42710.5%
10–19 units49212.1%
20–49 units912.2%
50+ units310.8%
Mobile00.0%

2–4 unit share 6.7% · 5–49 unit share 24.8% · combined 2–49 31.5%.

Units by bedrooms

Studio
89
1BR
753
2BR
1,776
3BR
871
4BR
403
5+
180

Rent burden

Rent ≥30% of income37.0%
Rent ≥50% of income29.7%
  • ACS median gross rent $2,160 (all bedrooms, occupied rentals).
  • Median contract rent $1,867.
  • Renters paying ≥30% of income 37.0%; ≥50% 29.7%.
  • FY2027 2BR SAFMR $3,110 (1.440× ACS median gross rent).

Population

7,563 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: -1.1%.

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

Assisted inventory

  • LIHTC: 4 projects, 202 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 496 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 07921 20.8% of occupied households are renters; vacancy is 2.0%; ACS median gross rent is $2,160; population changed -1.1% between the 2018 and 2023 ACS vintages; the housing stock includes 271 units in 2–4-unit structures and 1,010 units in 5–49-unit structures; 4 LIHTC projects totaling 202 units; FY2027 2BR SAFMR is $3,110 versus ACS median gross rent of $2,160. 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 07921 is a Census / HUD profile for Middlesex-Somerset-Hunterdon, NJ. Not a listing page. Brokerage is Georgia; out-of-state work is referral.

ZIP 07921 — Bedminster, NJ HUD Section 8 Payment Standards / SAFMR·New Jersey ZIP directory

Nearby ZIPs in this FMR area

ZIPPlaceRentersMed. rent2BR SAFMR
07001Middlesex-Somerset-Hunterdon, NJ HUD Metro FMR Area50.3%$1,839$2,71007008Middlesex-Somerset-Hunterdon, NJ HUD Metro FMR Area44.7%$2,012$2,88007059Middlesex-Somerset-Hunterdon, NJ HUD Metro FMR Area11.3%$2,099$2,93007064Middlesex-Somerset-Hunterdon, NJ HUD Metro FMR Area6.9%—$2,59007069Middlesex-Somerset-Hunterdon, NJ HUD Metro FMR Area12.4%$2,571$3,40007077Middlesex-Somerset-Hunterdon, NJ HUD Metro FMR Area29.1%$1,382$2,24007080Middlesex-Somerset-Hunterdon, NJ HUD Metro FMR Area14.9%$1,928$2,76007095Middlesex-Somerset-Hunterdon, NJ HUD Metro FMR Area47.1%$2,077$2,93007831Middlesex-Somerset-Hunterdon, NJ HUD Metro FMR Area0.0%—$2,24007882Middlesex-Somerset-Hunterdon, NJ HUD Metro FMR Area28.5%$1,411$2,24007938Middlesex-Somerset-Hunterdon, NJ HUD Metro FMR Area——$2,75007939Middlesex-Somerset-Hunterdon, NJ HUD Metro FMR Area100.0%—$3,390

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 07921?

ZIP 07921 (Middlesex-Somerset-Hunterdon, NJ HUD Metro FMR Area) has 7,563 residents, 3,990 households, a renter share of 20.8%, median household income of $117,705, and ACS 2023 median gross rent of $2,160. Vacancy is 2.0%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 07921?

ACS counts 155 units in 2-unit buildings, 116 in 3–4 unit buildings, 427 in 5–9, 492 in 10–19, and 91 in 20–49. Combined 2–49 unit stock is 1,281 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 07921?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $3,110. See the full schedule and 90–110% payment-standard band on the ZIP 07921 — Bedminster, NJ HUD Section 8 Payment Standards / SAFMR.

Does this New Jersey ZIP profile include Georgia listings?

No. ZIP 07921 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.