Housing market/New Jersey/ZIP 08096

ACS 2023 · FY2027 SAFMR

ZIP 08096 Woodbury, 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
35,896
Households
13,924
Median HH income
$89,483
Renter share
27.2%
Median gross rent
$1,446
Vacancy
7.2%
Pop. change
+0.6%
2BR SAFMR
$1,990
SAFMR / rent
1.376×
2–49 unit stock
2,636
LIHTC proj / units
6 / 614
HUD assisted MF
3 / 441

ZIP brief

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HUD schedule, ACS stock, and the 90–110% band for ZIP 08096 · NJ — sent to you.

ZIP 08096 · NJ

ACS median rent$1,446
2BR SAFMR$1,990
90% floor$1,791
110% ceiling$2,189

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

Housing stock

ACS 2023 units-in-structure · ZCTA 08096

  • 1-unit detached10,28268.6%
  • 1-unit attached1,2318.2%
  • 2–4 units9306.2%
  • 5–49 units1,70611.4%
  • 50+ units8125.4%
  • Mobile380.3%
TypeUnitsShare
1-unit detached10,28268.5%
1-unit attached1,2318.2%
2 units (duplex)4833.2%
3–4 units4473.0%
5–9 units7465.0%
10–19 units5303.5%
20–49 units4302.9%
50+ units8125.4%
Mobile380.3%

2–4 unit share 6.2% · 5–49 unit share 11.4% · combined 2–49 17.6%.

Units by bedrooms

Studio
378
1BR
1,944
2BR
2,962
3BR
6,516
4BR
2,634
5+
579

Rent burden

Rent ≥30% of income45.1%
Rent ≥50% of income23.7%
  • ACS median gross rent $1,446 (all bedrooms, occupied rentals).
  • Median contract rent $1,308.
  • Renters paying ≥30% of income 45.1%; ≥50% 23.7%.
  • FY2027 2BR SAFMR $1,990 (1.376× ACS median gross rent).

Population

35,896 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: +0.6%.

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

Assisted inventory

  • LIHTC: 6 projects, 614 units.
  • HUD project-based assisted MF: 3 properties, 441 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 08096 27.2% of occupied households are renters; vacancy is 7.2%; ACS median gross rent is $1,446; population increased +0.6% between the 2018 and 2023 ACS vintages; the housing stock includes 930 units in 2–4-unit structures and 1,706 units in 5–49-unit structures; 6 LIHTC projects totaling 614 units; FY2027 2BR SAFMR is $1,990 versus ACS median gross rent of $1,446. 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 08096 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 08096?

ZIP 08096 (Philadelphia-Camden-Wilmington, PA-NJ-DE-MD MSA) has 35,896 residents, 13,924 households, a renter share of 27.2%, median household income of $89,483, and ACS 2023 median gross rent of $1,446. Vacancy is 7.2%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 08096?

ACS counts 483 units in 2-unit buildings, 447 in 3–4 unit buildings, 746 in 5–9, 530 in 10–19, and 430 in 20–49. Combined 2–49 unit stock is 2,636 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 08096?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $1,990. See the full schedule and 90–110% payment-standard band on the ZIP 08096 — Woodbury, NJ HUD Section 8 Payment Standards / SAFMR.

Does this New Jersey ZIP profile include Georgia listings?

No. ZIP 08096 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.