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Housing market/New Jersey/ZIP 08234

ACS 2023 · FY2027 SAFMR

ZIP 08234 Egg Harbor Township, 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
46,856
Households
16,931
Median HH income
$96,604
Renter share
16.2%
Median gross rent
$1,466
Vacancy
4.5%
Pop. change
+11.3%
2BR SAFMR
$2,050
SAFMR / rent
1.398×
2–49 unit stock
1,694
LIHTC proj / units
10 / 936
HUD assisted MF
5 / 32

ZIP brief

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HUD schedule, ACS stock, and the 90–110% band for ZIP 08234 · NJ — sent to you.

ZIP 08234 · NJ

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ACS rent vs 2BR SAFMR

ZIP 08234 — Egg Harbor Township, NJ HUD Section 8 Payment Standards / SAFMR →
ACS median rent$1,466
2BR SAFMR$2,050
90% floor$1,845
110% ceiling$2,255

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

Housing stock

ACS 2023 units-in-structure · ZCTA 08234

  • 1-unit detached13,20874.6%
  • 1-unit attached6763.8%
  • 2–4 units6723.8%
  • 5–49 units1,0225.8%
  • 50+ units2311.3%
  • Mobile1,89010.7%
TypeUnitsShare
1-unit detached13,20874.5%
1-unit attached6763.8%
2 units (duplex)2081.2%
3–4 units4642.6%
5–9 units4062.3%
10–19 units4802.7%
20–49 units1360.8%
50+ units2311.3%
Mobile1,89010.7%

2–4 unit share 3.8% · 5–49 unit share 5.8% · combined 2–49 9.6%.

Units by bedrooms

Studio
40
1BR
379
2BR
4,382
3BR
7,159
4BR
5,148
5+
620

Rent burden

Rent ≥30% of income43.3%
Rent ≥50% of income22.9%
  • ACS median gross rent $1,466 (all bedrooms, occupied rentals).
  • Median contract rent $1,158.
  • Renters paying ≥30% of income 43.3%; ≥50% 22.9%.
  • FY2027 2BR SAFMR $2,050 (1.398× ACS median gross rent).

Population

46,856 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: +11.3%.

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

Assisted inventory

  • LIHTC: 10 projects, 936 units.
  • HUD project-based assisted MF: 5 properties, 32 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 08234 16.2% of occupied households are renters; vacancy is 4.5%; ACS median gross rent is $1,466; population increased +11.3% between the 2018 and 2023 ACS vintages; the housing stock includes 672 units in 2–4-unit structures and 1,022 units in 5–49-unit structures; 10 LIHTC projects totaling 936 units; FY2027 2BR SAFMR is $2,050 versus ACS median gross rent of $1,466. 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 08234 is a Census / HUD profile for Atlantic City-Hammonton, NJ. Not a listing page. Brokerage is Georgia; out-of-state work is referral.

ZIP 08234 — Egg Harbor Township, 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——$1,90008232Atlantic City-Hammonton, NJ HUD Metro FMR Area50.0%$1,210$1,70008240Atlantic 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 08234?

ZIP 08234 (Atlantic City-Hammonton, NJ HUD Metro FMR Area) has 46,856 residents, 16,931 households, a renter share of 16.2%, median household income of $96,604, and ACS 2023 median gross rent of $1,466. Vacancy is 4.5%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 08234?

ACS counts 208 units in 2-unit buildings, 464 in 3–4 unit buildings, 406 in 5–9, 480 in 10–19, and 136 in 20–49. Combined 2–49 unit stock is 1,694 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 08234?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $2,050. See the full schedule and 90–110% payment-standard band on the ZIP 08234 — Egg Harbor Township, NJ HUD Section 8 Payment Standards / SAFMR.

Does this New Jersey ZIP profile include Georgia listings?

No. ZIP 08234 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.