JeffCroweCRE

Housing market/New Jersey/ZIP 08901

ACS 2023 · FY2027 SAFMR

ZIP 08901 New Brunswick, 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
56,766
Households
15,905
Median HH income
$60,248
Renter share
78.2%
Median gross rent
$1,790
Vacancy
6.8%
Pop. change
-1.6%
2BR SAFMR
$2,550
SAFMR / rent
1.425×
2–49 unit stock
8,742
LIHTC proj / units
20 / 1,792
HUD assisted MF
5 / 458

ZIP brief

Email this profile

HUD schedule, ACS stock, and the 90–110% band for ZIP 08901 · NJ — sent to you.

ZIP 08901 · NJ

By checking this box you agree that you may be referred to another real estate broker or related service and acknowledge that CENTURY 21 The Avenues licensees and/or affiliates may be paid a valuable consideration for facilitating such referral.

ACS rent vs 2BR SAFMR

ZIP 08901 — New Brunswick, NJ HUD Section 8 Payment Standards / SAFMR →
ACS median rent$1,790
2BR SAFMR$2,550
90% floor$2,295
110% ceiling$2,805

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

Housing stock

ACS 2023 units-in-structure · ZCTA 08901

  • 1-unit detached3,91623.0%
  • 1-unit attached1,1066.5%
  • 2–4 units4,57426.8%
  • 5–49 units4,16824.4%
  • 50+ units3,20318.8%
  • Mobile820.5%
TypeUnitsShare
1-unit detached3,91622.9%
1-unit attached1,1066.5%
2 units (duplex)3,15818.5%
3–4 units1,4168.3%
5–9 units1,3187.7%
10–19 units1,76110.3%
20–49 units1,0896.4%
50+ units3,20318.8%
Mobile820.5%

2–4 unit share 26.8% · 5–49 unit share 24.4% · combined 2–49 51.2%.

Units by bedrooms

Studio
1,407
1BR
3,993
2BR
6,267
3BR
3,571
4BR
1,147
5+
686

Rent burden

Rent ≥30% of income53.9%
Rent ≥50% of income32.5%
  • ACS median gross rent $1,790 (all bedrooms, occupied rentals).
  • Median contract rent $1,573.
  • Renters paying ≥30% of income 53.9%; ≥50% 32.5%.
  • FY2027 2BR SAFMR $2,550 (1.425× ACS median gross rent).

Population

56,766 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: -1.6%.

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

Assisted inventory

  • LIHTC: 20 projects, 1,792 units.
  • HUD project-based assisted MF: 5 properties, 458 assisted units.
  • HCV household counts (Picture of Subsidized Households) are not on this page yet.

New apartment permits

About 743 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 08901 78.2% of occupied households are renters; vacancy is 6.8%; ACS median gross rent is $1,790; population changed -1.6% between the 2018 and 2023 ACS vintages; the housing stock includes 4,574 units in 2–4-unit structures and 4,168 units in 5–49-unit structures; 20 LIHTC projects totaling 1,792 units; FY2027 2BR SAFMR is $2,550 versus ACS median gross rent of $1,790. 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 08901 is a Census / HUD profile for Middlesex-Somerset-Hunterdon, NJ. Not a listing page. Brokerage is Georgia; out-of-state work is referral.

ZIP 08901 — New Brunswick, 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 08901?

ZIP 08901 (Middlesex-Somerset-Hunterdon, NJ HUD Metro FMR Area) has 56,766 residents, 15,905 households, a renter share of 78.2%, median household income of $60,248, and ACS 2023 median gross rent of $1,790. Vacancy is 6.8%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 08901?

ACS counts 3,158 units in 2-unit buildings, 1,416 in 3–4 unit buildings, 1,318 in 5–9, 1,761 in 10–19, and 1,089 in 20–49. Combined 2–49 unit stock is 8,742 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 08901?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $2,550. See the full schedule and 90–110% payment-standard band on the ZIP 08901 — New Brunswick, NJ HUD Section 8 Payment Standards / SAFMR.

Does this New Jersey ZIP profile include Georgia listings?

No. ZIP 08901 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.