Housing market/New Jersey/ZIP 08511

ACS 2023 · FY2027 SAFMR

ZIP 08511 Cookstown, 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
885
Households
344
Median HH income
$79,145
Renter share
39.2%
Median gross rent
$1,151
Vacancy
0.0%
Pop. change
+2.1%
2BR SAFMR
$1,410
SAFMR / rent
1.225×
2–49 unit stock
104
LIHTC proj / units
—
HUD assisted MF
—

ZIP brief

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HUD schedule, ACS stock, and the 90–110% band for ZIP 08511 · NJ — sent to you.

ZIP 08511 · NJ

ACS median rent$1,151
2BR SAFMR$1,410
90% floor$1,269
110% ceiling$1,551

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

Housing stock

ACS 2023 units-in-structure · ZCTA 08511

  • 1-unit detached21763.1%
  • 2–4 units216.1%
  • 5–49 units8324.1%
  • Mobile236.7%
TypeUnitsShare
1-unit detached21763.1%
1-unit attached00.0%
2 units (duplex)00.0%
3–4 units216.1%
5–9 units4513.1%
10–19 units123.5%
20–49 units267.6%
50+ units00.0%
Mobile236.7%

2–4 unit share 6.1% · 5–49 unit share 24.1% · combined 2–49 30.2%.

Units by bedrooms

Studio
7
1BR
55
2BR
53
3BR
169
4BR
48
5+
12

Rent burden

Rent ≥30% of income16.3%
Rent ≥50% of income0.7%
  • ACS median gross rent $1,151 (all bedrooms, occupied rentals).
  • Median contract rent $1,064.
  • Renters paying ≥30% of income 16.3%; ≥50% 0.7%.
  • FY2027 2BR SAFMR $1,410 (1.225× ACS median gross rent).

Population

885 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: +2.1%.

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

Assisted inventory

  • LIHTC: not published for this ZIP.
  • 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 600 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 08511 39.2% of occupied households are renters; vacancy is 0.0%; ACS median gross rent is $1,151; population increased +2.1% between the 2018 and 2023 ACS vintages; the housing stock includes 21 units in 2–4-unit structures and 83 units in 5–49-unit structures; FY2027 2BR SAFMR is $1,410 versus ACS median gross rent of $1,151. 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 08511 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 08511?

ZIP 08511 (Philadelphia-Camden-Wilmington, PA-NJ-DE-MD MSA) has 885 residents, 344 households, a renter share of 39.2%, median household income of $79,145, and ACS 2023 median gross rent of $1,151. Vacancy is 0.0%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 08511?

ACS counts 0 units in 2-unit buildings, 21 in 3–4 unit buildings, 45 in 5–9, 12 in 10–19, and 26 in 20–49. Combined 2–49 unit stock is 104 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 08511?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $1,410. See the full schedule and 90–110% payment-standard band on the ZIP 08511 — Cookstown, NJ HUD Section 8 Payment Standards / SAFMR.

Does this New Jersey ZIP profile include Georgia listings?

No. ZIP 08511 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.