Housing market/New Jersey/ZIP 08751

ACS 2023 · FY2027 SAFMR

ZIP 08751 Seaside Heights, New Jersey

Monmouth-Ocean, 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
3,625
Households
1,928
Median HH income
$75,000
Renter share
36.5%
Median gross rent
$1,437
Vacancy
63.7%
Pop. change
-17.2%
2BR SAFMR
$1,850
SAFMR / rent
1.287×
2–49 unit stock
2,180
LIHTC proj / units
2 / 182
HUD assisted MF
—

ZIP brief

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HUD schedule, ACS stock, and the 90–110% band for ZIP 08751 · NJ — sent to you.

ZIP 08751 · NJ

ACS median rent$1,437
2BR SAFMR$1,850
90% floor$1,665
110% ceiling$2,035

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

Housing stock

ACS 2023 units-in-structure · ZCTA 08751

  • 1-unit detached2,92355.0%
  • 1-unit attached871.6%
  • 2–4 units1,19222.4%
  • 5–49 units98818.6%
  • 50+ units1122.1%
  • Mobile170.3%
TypeUnitsShare
1-unit detached2,92355.0%
1-unit attached871.6%
2 units (duplex)62711.8%
3–4 units56510.6%
5–9 units3696.9%
10–19 units3326.2%
20–49 units2875.4%
50+ units1122.1%
Mobile170.3%

2–4 unit share 22.4% · 5–49 unit share 18.6% · combined 2–49 41.0%.

Units by bedrooms

Studio
157
1BR
549
2BR
1,812
3BR
1,447
4BR
966
5+
388

Rent burden

Rent ≥30% of income61.3%
Rent ≥50% of income52.1%
  • ACS median gross rent $1,437 (all bedrooms, occupied rentals).
  • Median contract rent $1,235.
  • Renters paying ≥30% of income 61.3%; ≥50% 52.1%.
  • FY2027 2BR SAFMR $1,850 (1.287× ACS median gross rent).

Population

3,625 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: -17.2%.

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

Assisted inventory

  • LIHTC: 2 projects, 182 units.
  • 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 378 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 08751 36.5% of occupied households are renters; vacancy is 63.7%; ACS median gross rent is $1,437; population changed -17.2% between the 2018 and 2023 ACS vintages; the housing stock includes 1,192 units in 2–4-unit structures and 988 units in 5–49-unit structures; 2 LIHTC projects totaling 182 units; FY2027 2BR SAFMR is $1,850 versus ACS median gross rent of $1,437. 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 08751 is a Census / HUD profile for Monmouth-Ocean, 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 08751?

ZIP 08751 (Monmouth-Ocean, NJ HUD Metro FMR Area) has 3,625 residents, 1,928 households, a renter share of 36.5%, median household income of $75,000, and ACS 2023 median gross rent of $1,437. Vacancy is 63.7%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 08751?

ACS counts 627 units in 2-unit buildings, 565 in 3–4 unit buildings, 369 in 5–9, 332 in 10–19, and 287 in 20–49. Combined 2–49 unit stock is 2,180 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 08751?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $1,850. See the full schedule and 90–110% payment-standard band on the ZIP 08751 — Seaside Heights, NJ HUD Section 8 Payment Standards / SAFMR.

Does this New Jersey ZIP profile include Georgia listings?

No. ZIP 08751 is Census / HUD research for Monmouth-Ocean, 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.