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Housing market/New Jersey/ZIP 08232

ACS 2023 · FY2027 SAFMR

ZIP 08232 Pleasantville, New Jersey

Atlantic City-Hammonton, 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
20,200
Households
6,466
Median HH income
$52,476
Renter share
50.0%
Median gross rent
$1,210
Vacancy
9.4%
Pop. change
+4.1%
2BR SAFMR
$1,700
SAFMR / rent
1.405×
2–49 unit stock
1,838
LIHTC proj / units
19 / 1,004
HUD assisted MF
6 / 346

ZIP brief

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HUD schedule, ACS stock, and the 90–110% band for ZIP 08232 · NJ — sent to you.

ZIP 08232 · NJ

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ACS rent vs 2BR SAFMR

ZIP 08232 — Pleasantville, NJ HUD Section 8 Payment Standards / SAFMR →
ACS median rent$1,210
2BR SAFMR$1,700
90% floor$1,530
110% ceiling$1,870

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

Housing stock

ACS 2023 units-in-structure · ZCTA 08232

  • 1-unit detached4,23459.3%
  • 1-unit attached5487.7%
  • 2–4 units1,02214.3%
  • 5–49 units81611.4%
  • 50+ units4556.4%
  • Mobile610.9%
TypeUnitsShare
1-unit detached4,23459.3%
1-unit attached5487.7%
2 units (duplex)3234.5%
3–4 units6999.8%
5–9 units3094.3%
10–19 units2433.4%
20–49 units2643.7%
50+ units4556.4%
Mobile610.9%

2–4 unit share 14.3% · 5–49 unit share 11.4% · combined 2–49 25.8%.

Units by bedrooms

Studio
185
1BR
736
2BR
2,388
3BR
2,759
4BR
856
5+
212

Rent burden

Rent ≥30% of income51.7%
Rent ≥50% of income30.2%
  • ACS median gross rent $1,210 (all bedrooms, occupied rentals).
  • Median contract rent $990.
  • Renters paying ≥30% of income 51.7%; ≥50% 30.2%.
  • FY2027 2BR SAFMR $1,700 (1.405× ACS median gross rent).

Population

20,200 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: +4.1%.

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

Assisted inventory

  • LIHTC: 19 projects, 1,004 units.
  • HUD project-based assisted MF: 6 properties, 346 assisted units.
  • HCV household counts (Picture of Subsidized Households) are not on this page yet.

New apartment permits

About 61 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 08232 50.0% of occupied households are renters; vacancy is 9.4%; ACS median gross rent is $1,210; population increased +4.1% between the 2018 and 2023 ACS vintages; the housing stock includes 1,022 units in 2–4-unit structures and 816 units in 5–49-unit structures; 19 LIHTC projects totaling 1,004 units; FY2027 2BR SAFMR is $1,700 versus ACS median gross rent of $1,210. 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 08232 is a Census / HUD profile for Atlantic City-Hammonton, NJ. Not a listing page. Brokerage is Georgia; out-of-state work is referral.

ZIP 08232 — Pleasantville, NJ HUD Section 8 Payment Standards / SAFMR·New Jersey ZIP directory

Nearby ZIPs in this FMR area

ZIPPlaceRentersMed. rent2BR SAFMR
08201Atlantic City-Hammonton, NJ HUD Metro FMR Area36.1%$1,818$2,38008203Atlantic City-Hammonton, NJ HUD Metro FMR Area25.2%$1,499$2,02008205Atlantic City-Hammonton, NJ HUD Metro FMR Area20.1%$1,527$2,12008213Atlantic City-Hammonton, NJ HUD Metro FMR Area——$1,90008217Atlantic City-Hammonton, NJ HUD Metro FMR Area0.0%—$1,92008220Atlantic City-Hammonton, NJ HUD Metro FMR Area——$1,90008221Atlantic City-Hammonton, NJ HUD Metro FMR Area10.0%$2,070$2,83008225Atlantic City-Hammonton, NJ HUD Metro FMR Area12.2%$1,554$2,22008231Atlantic City-Hammonton, NJ HUD Metro FMR Area——$1,90008234Atlantic City-Hammonton, NJ HUD Metro FMR Area16.2%$1,466$2,05008240Atlantic City-Hammonton, NJ HUD Metro FMR Area0.0%—$2,16008241Atlantic City-Hammonton, NJ HUD Metro FMR Area5.0%$2,104$2,780

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 08232?

ZIP 08232 (Atlantic City-Hammonton, NJ HUD Metro FMR Area) has 20,200 residents, 6,466 households, a renter share of 50.0%, median household income of $52,476, and ACS 2023 median gross rent of $1,210. Vacancy is 9.4%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 08232?

ACS counts 323 units in 2-unit buildings, 699 in 3–4 unit buildings, 309 in 5–9, 243 in 10–19, and 264 in 20–49. Combined 2–49 unit stock is 1,838 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 08232?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $1,700. See the full schedule and 90–110% payment-standard band on the ZIP 08232 — Pleasantville, NJ HUD Section 8 Payment Standards / SAFMR.

Does this New Jersey ZIP profile include Georgia listings?

No. ZIP 08232 is Census / HUD research for Atlantic City-Hammonton, 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.