Housing market/New Jersey/ZIP 08029

ACS 2023 · FY2027 SAFMR

ZIP 08029 Glendora, New Jersey

Philadelphia-Camden-Wilmington, PA-NJ-DE-MD MSA · New Jersey. Census housing stock, renter economics, HUD SAFMR, LIHTC, and population change. Not a listing page and not a buy/sell score.

Population
5,417
Households
2,178
Median HH income
$95,038
Renter share
25.3%
Median gross rent
$782
Vacancy
1.8%
Pop. change
+22.1%
2BR SAFMR
$1,650
SAFMR / rent
2.110×
2–49 unit stock
384
LIHTC proj / units
1 / 224
HUD assisted MF
1 / 224

ZIP brief

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HUD schedule, ACS stock, and the 90–110% band for ZIP 08029 · NJ — sent to you.

ZIP 08029 · NJ

ACS median rent$782
2BR SAFMR$1,650
90% floor$1,485
110% ceiling$1,815

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

Housing stock

ACS 2023 units-in-structure · ZCTA 08029

  • 1-unit detached1,71177.2%
  • 1-unit attached652.9%
  • 2–4 units1607.2%
  • 5–49 units22410.1%
  • 50+ units572.6%
TypeUnitsShare
1-unit detached1,71177.2%
1-unit attached652.9%
2 units (duplex)723.2%
3–4 units884.0%
5–9 units391.8%
10–19 units1115.0%
20–49 units743.3%
50+ units572.6%
Mobile00.0%

2–4 unit share 7.2% · 5–49 unit share 10.1% · combined 2–49 17.3%.

Units by bedrooms

Studio
115
1BR
280
2BR
351
3BR
1,064
4BR
377
5+
30

Rent burden

Rent ≥30% of income37.8%
Rent ≥50% of income17.1%
  • ACS median gross rent $782 (all bedrooms, occupied rentals).
  • Median contract rent $732.
  • Renters paying ≥30% of income 37.8%; ≥50% 17.1%.
  • FY2027 2BR SAFMR $1,650 (2.110× ACS median gross rent).

Population

5,417 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: +22.1%.

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

Assisted inventory

  • LIHTC: 1 projects, 224 units.
  • HUD project-based assisted MF: 1 properties, 224 assisted units.
  • HCV household counts (Picture of Subsidized Households) are not on this page yet.

New apartment permits

About 370 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 08029 25.3% of occupied households are renters; vacancy is 1.8%; ACS median gross rent is $782; population increased +22.1% between the 2018 and 2023 ACS vintages; the housing stock includes 160 units in 2–4-unit structures and 224 units in 5–49-unit structures; 1 LIHTC projects totaling 224 units; FY2027 2BR SAFMR is $1,650 versus ACS median gross rent of $782. 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 08029 is a Census / HUD profile for Philadelphia-Camden-Wilmington, PA-NJ-DE-MD, 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 08029?

ZIP 08029 (Philadelphia-Camden-Wilmington, PA-NJ-DE-MD MSA) has 5,417 residents, 2,178 households, a renter share of 25.3%, median household income of $95,038, and ACS 2023 median gross rent of $782. Vacancy is 1.8%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 08029?

ACS counts 72 units in 2-unit buildings, 88 in 3–4 unit buildings, 39 in 5–9, 111 in 10–19, and 74 in 20–49. Combined 2–49 unit stock is 384 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 08029?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $1,650. See the full schedule and 90–110% payment-standard band on the ZIP 08029 — Glendora, NJ HUD Section 8 Payment Standards / SAFMR.

Does this New Jersey ZIP profile include Georgia listings?

No. ZIP 08029 is Census / HUD research for Philadelphia-Camden-Wilmington, PA-NJ-DE-MD MSA. 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.