Housing market/New Jersey/ZIP 08080

ACS 2023 · FY2027 SAFMR

ZIP 08080 Sewell, 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
39,360
Households
14,455
Median HH income
$119,919
Renter share
13.2%
Median gross rent
$1,674
Vacancy
2.0%
Pop. change
+6.4%
2BR SAFMR
$2,200
SAFMR / rent
1.314×
2–49 unit stock
1,568
LIHTC proj / units
4 / 293
HUD assisted MF
1 / 50

ZIP brief

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HUD schedule, ACS stock, and the 90–110% band for ZIP 08080 · NJ — sent to you.

ZIP 08080 · NJ

ACS median rent$1,674
2BR SAFMR$2,200
90% floor$1,980
110% ceiling$2,420

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

Housing stock

ACS 2023 units-in-structure · ZCTA 08080

  • 1-unit detached11,03674.8%
  • 1-unit attached1,79112.1%
  • 2–4 units5483.7%
  • 5–49 units1,0206.9%
  • 50+ units2761.9%
  • Mobile750.5%
TypeUnitsShare
1-unit detached11,03674.8%
1-unit attached1,79112.1%
2 units (duplex)1210.8%
3–4 units4272.9%
5–9 units7555.1%
10–19 units330.2%
20–49 units2321.6%
50+ units2761.9%
Mobile750.5%

2–4 unit share 3.7% · 5–49 unit share 6.9% · combined 2–49 10.6%.

Units by bedrooms

Studio
47
1BR
332
2BR
3,558
3BR
4,233
4BR
5,789
5+
787

Rent burden

Rent ≥30% of income53.3%
Rent ≥50% of income29.4%
  • ACS median gross rent $1,674 (all bedrooms, occupied rentals).
  • Median contract rent $1,420.
  • Renters paying ≥30% of income 53.3%; ≥50% 29.4%.
  • FY2027 2BR SAFMR $2,200 (1.314× ACS median gross rent).

Population

39,360 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: +6.4%.

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

Assisted inventory

  • LIHTC: 4 projects, 293 units.
  • HUD project-based assisted MF: 1 properties, 50 assisted units.
  • 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 08080 13.2% of occupied households are renters; vacancy is 2.0%; ACS median gross rent is $1,674; population increased +6.4% between the 2018 and 2023 ACS vintages; the housing stock includes 548 units in 2–4-unit structures and 1,020 units in 5–49-unit structures; 4 LIHTC projects totaling 293 units; FY2027 2BR SAFMR is $2,200 versus ACS median gross rent of $1,674. 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 08080 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 08080?

ZIP 08080 (Philadelphia-Camden-Wilmington, PA-NJ-DE-MD MSA) has 39,360 residents, 14,455 households, a renter share of 13.2%, median household income of $119,919, and ACS 2023 median gross rent of $1,674. Vacancy is 2.0%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 08080?

ACS counts 121 units in 2-unit buildings, 427 in 3–4 unit buildings, 755 in 5–9, 33 in 10–19, and 232 in 20–49. Combined 2–49 unit stock is 1,568 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 08080?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $2,200. See the full schedule and 90–110% payment-standard band on the ZIP 08080 — Sewell, NJ HUD Section 8 Payment Standards / SAFMR.

Does this New Jersey ZIP profile include Georgia listings?

No. ZIP 08080 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.