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Housing market/New Jersey/ZIP 08801

ACS 2023 · FY2027 SAFMR

ZIP 08801 Annandale, New Jersey

Middlesex-Somerset-Hunterdon, 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
7,391
Households
2,703
Median HH income
$144,060
Renter share
15.0%
Median gross rent
$2,496
Vacancy
1.1%
Pop. change
-17.8%
2BR SAFMR
$3,170
SAFMR / rent
1.270×
2–49 unit stock
436
LIHTC proj / units
2 / 132
HUD assisted MF
1 / 4

ZIP brief

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HUD schedule, ACS stock, and the 90–110% band for ZIP 08801 · NJ — sent to you.

ZIP 08801 · NJ

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ACS rent vs 2BR SAFMR

ZIP 08801 — Annandale, NJ HUD Section 8 Payment Standards / SAFMR →
ACS median rent$2,496
2BR SAFMR$3,170
90% floor$2,853
110% ceiling$3,487

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

Housing stock

ACS 2023 units-in-structure · ZCTA 08801

  • 1-unit detached1,69261.9%
  • 1-unit attached58321.3%
  • 2–4 units983.6%
  • 5–49 units33812.4%
  • 50+ units210.8%
TypeUnitsShare
1-unit detached1,69261.9%
1-unit attached58321.3%
2 units (duplex)341.2%
3–4 units642.3%
5–9 units1575.7%
10–19 units1706.2%
20–49 units110.4%
50+ units210.8%
Mobile00.0%

2–4 unit share 3.6% · 5–49 unit share 12.4% · combined 2–49 16.0%.

Units by bedrooms

Studio
0
1BR
214
2BR
617
3BR
800
4BR
944
5+
157

Rent burden

Rent ≥30% of income22.4%
Rent ≥50% of income9.4%
  • ACS median gross rent $2,496 (all bedrooms, occupied rentals).
  • Median contract rent $2,494.
  • Renters paying ≥30% of income 22.4%; ≥50% 9.4%.
  • FY2027 2BR SAFMR $3,170 (1.270× ACS median gross rent).

Population

7,391 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: -17.8%.

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

Assisted inventory

  • LIHTC: 2 projects, 132 units.
  • HUD project-based assisted MF: 1 properties, 4 assisted units.
  • HCV household counts (Picture of Subsidized Households) are not on this page yet.

New apartment permits

About 410 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 08801 15.0% of occupied households are renters; vacancy is 1.1%; ACS median gross rent is $2,496; population changed -17.8% between the 2018 and 2023 ACS vintages; the housing stock includes 98 units in 2–4-unit structures and 338 units in 5–49-unit structures; 2 LIHTC projects totaling 132 units; FY2027 2BR SAFMR is $3,170 versus ACS median gross rent of $2,496. 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 08801 is a Census / HUD profile for Middlesex-Somerset-Hunterdon, NJ. Not a listing page. Brokerage is Georgia; out-of-state work is referral.

ZIP 08801 — Annandale, NJ HUD Section 8 Payment Standards / SAFMR·New Jersey ZIP directory

Nearby ZIPs in this FMR area

ZIPPlaceRentersMed. rent2BR SAFMR
07001Middlesex-Somerset-Hunterdon, NJ HUD Metro FMR Area50.3%$1,839$2,71007008Middlesex-Somerset-Hunterdon, NJ HUD Metro FMR Area44.7%$2,012$2,88007059Middlesex-Somerset-Hunterdon, NJ HUD Metro FMR Area11.3%$2,099$2,93007064Middlesex-Somerset-Hunterdon, NJ HUD Metro FMR Area6.9%—$2,59007069Middlesex-Somerset-Hunterdon, NJ HUD Metro FMR Area12.4%$2,571$3,40007077Middlesex-Somerset-Hunterdon, NJ HUD Metro FMR Area29.1%$1,382$2,24007080Middlesex-Somerset-Hunterdon, NJ HUD Metro FMR Area14.9%$1,928$2,76007095Middlesex-Somerset-Hunterdon, NJ HUD Metro FMR Area47.1%$2,077$2,93007831Middlesex-Somerset-Hunterdon, NJ HUD Metro FMR Area0.0%—$2,24007882Middlesex-Somerset-Hunterdon, NJ HUD Metro FMR Area28.5%$1,411$2,24007921Middlesex-Somerset-Hunterdon, NJ HUD Metro FMR Area20.8%$2,160$3,11007938Middlesex-Somerset-Hunterdon, NJ HUD Metro FMR Area——$2,750

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 08801?

ZIP 08801 (Middlesex-Somerset-Hunterdon, NJ HUD Metro FMR Area) has 7,391 residents, 2,703 households, a renter share of 15.0%, median household income of $144,060, and ACS 2023 median gross rent of $2,496. Vacancy is 1.1%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 08801?

ACS counts 34 units in 2-unit buildings, 64 in 3–4 unit buildings, 157 in 5–9, 170 in 10–19, and 11 in 20–49. Combined 2–49 unit stock is 436 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 08801?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $3,170. See the full schedule and 90–110% payment-standard band on the ZIP 08801 — Annandale, NJ HUD Section 8 Payment Standards / SAFMR.

Does this New Jersey ZIP profile include Georgia listings?

No. ZIP 08801 is Census / HUD research for Middlesex-Somerset-Hunterdon, 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.