Housing market/New Jersey/ZIP 08051

ACS 2023 · FY2027 SAFMR

ZIP 08051 Mantua, 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
12,156
Households
4,511
Median HH income
$97,452
Renter share
20.0%
Median gross rent
$1,691
Vacancy
2.0%
Pop. change
+16.8%
2BR SAFMR
$2,220
SAFMR / rent
1.313×
2–49 unit stock
962
LIHTC proj / units
5 / 317
HUD assisted MF
—

ZIP brief

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HUD schedule, ACS stock, and the 90–110% band for ZIP 08051 · NJ — sent to you.

ZIP 08051 · NJ

ACS median rent$1,691
2BR SAFMR$2,220
90% floor$1,998
110% ceiling$2,442

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

Housing stock

ACS 2023 units-in-structure · ZCTA 08051

  • 1-unit detached2,66257.8%
  • 1-unit attached55612.1%
  • 2–4 units1824.0%
  • 5–49 units78016.9%
  • 50+ units160.3%
  • Mobile4068.8%
TypeUnitsShare
1-unit detached2,66257.8%
1-unit attached55612.1%
2 units (duplex)60.1%
3–4 units1763.8%
5–9 units54911.9%
10–19 units2154.7%
20–49 units160.3%
50+ units160.3%
Mobile4068.8%

2–4 unit share 4.0% · 5–49 unit share 16.9% · combined 2–49 20.9%.

Units by bedrooms

Studio
74
1BR
476
2BR
1,268
3BR
1,714
4BR
882
5+
188

Rent burden

Rent ≥30% of income33.7%
Rent ≥50% of income16.7%
  • ACS median gross rent $1,691 (all bedrooms, occupied rentals).
  • Median contract rent $1,445.
  • Renters paying ≥30% of income 33.7%; ≥50% 16.7%.
  • FY2027 2BR SAFMR $2,220 (1.313× ACS median gross rent).

Population

12,156 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: +16.8%.

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

Assisted inventory

  • LIHTC: 5 projects, 317 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 205 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 08051 20.0% of occupied households are renters; vacancy is 2.0%; ACS median gross rent is $1,691; population increased +16.8% between the 2018 and 2023 ACS vintages; the housing stock includes 182 units in 2–4-unit structures and 780 units in 5–49-unit structures; 5 LIHTC projects totaling 317 units; FY2027 2BR SAFMR is $2,220 versus ACS median gross rent of $1,691. 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 08051 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 08051?

ZIP 08051 (Philadelphia-Camden-Wilmington, PA-NJ-DE-MD MSA) has 12,156 residents, 4,511 households, a renter share of 20.0%, median household income of $97,452, and ACS 2023 median gross rent of $1,691. Vacancy is 2.0%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 08051?

ACS counts 6 units in 2-unit buildings, 176 in 3–4 unit buildings, 549 in 5–9, 215 in 10–19, and 16 in 20–49. Combined 2–49 unit stock is 962 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 08051?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $2,220. See the full schedule and 90–110% payment-standard band on the ZIP 08051 — Mantua, NJ HUD Section 8 Payment Standards / SAFMR.

Does this New Jersey ZIP profile include Georgia listings?

No. ZIP 08051 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.