Zip code 07012, located in Clifton, New Jersey, has a population of 13,077 as of 2022, with an estimated housing inventory of 5,010 units. The Low-Income Housing Tax Credit (LIHTC) program has funded affordable housing projects in this area, contributing to its affordable housing inventory. The LIHTC program has allocated $1,187,797 in tax credits for affordable housing projects in this zip code, representing 0.16% of the total LIHTC funding for the state of New Jersey.

Two LIHTC-funded projects have been completed in zip code 07012: Horizons At Clifton II in 2008 and Horizons At Clifton III in 2009. These projects demonstrate that affordable housing initiatives have been present in the area for over a decade. The 2000s saw the most activity in terms of LIHTC-funded affordable housing development in this zip code.

Over the past decade, the population in zip code 07012 has shown an overall increasing trend, growing from 11,430 in 2013 to 13,077 in 2022. The median income has fluctuated but generally increased from $93,602 in 2013 to $95,670 in 2022. Racial demographics have also shifted during this period. The white population decreased from 65% in 2013 to 57% in 2022, while the Hispanic population increased from 14% to 21%. The Asian population remained relatively stable, moving from 15% to 14%.