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Bridgeport, NJ

CitySAFMR
Gloucester County
Found 1 ZIP

City Median Investment Score

46Below average

095130300
BRFMR
Eff. Rent
0 BR$1,640$1,060
1 BR$1,780$1,230
2 BR$2,130$1,320
3 BR$2,530$1,520
4 BR$2,790$1,910
5 BR$3,208Not available
6 BR$3,690Not available
7 BR$4,243Not available
8 BR$4,880Not available

Purchase Price Calculator

Maximum purchase price
$134,235

Cost breakdown

+Likely effective rent$1,320
HUD FMR$2,130
Market rentUsed$1,320
Est. payment standard (90%)$1,920
-Principal and interest-$679
Loan amount$107,388
Down payment$26,847
Rate6.50%
Term30 years
-Operating costs-$441
Property taxes-$134
Insurance-$175
Utilities$0
HOA$0
Management-$132
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$21,369(79.6% ROI)
Projected value
$144,556
Return breakdown
Property appreciation+$10,321
Loan principal paid down+$3,847
Rental cash flow+$7,200
5-year hold
+$36,501(136.0% ROI)
Projected value
$151,875
Return breakdown
Property appreciation+$17,640
Loan principal paid down+$6,861
Rental cash flow+$12,000
10-year hold
+$77,946(290.3% ROI)
Projected value
$171,832
Return breakdown
Property appreciation+$37,597
Loan principal paid down+$16,349
Rental cash flow+$24,000

Public Housing Authority

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Rolodex

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Market Alignment

Studio
1.55
1 BR
1.45
2 BR
1.61
3 BR
1.66
4 BR
1.46
0.701.001.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
--
Tax rate
--
Mortgage rate
--

Bridgeport, NJ fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Bridgeport, NJ is $2,130 a month. That is up 0.5% from $2,120 in FY 2026. Bridgeport is in the Philadelphia-Camden-Wilmington, PA-NJ-DE-MD MSA, where HUD requires housing authorities to set voucher payment standards by ZIP code using Small Area FMRs. The median county two-bedroom FMR in New Jersey is $2,233, so Bridgeport is 5% below it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for Bridgeport, NJ
BedroomsFY 2027Change90–110% range
Studio$1,6400.0%$1,476–$1,804
1BR$1,7800.0%$1,602–$1,958
2BR$2,130+0.5%$1,917–$2,343
3BR$2,530−0.4%$2,277–$2,783
4BR$2,790−1.8%$2,511–$3,069

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for Bridgeport, NJ
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$1,640$1,780$2,130$2,530$2,790
FY 2026$1,640$1,780$2,120$2,540$2,840
FY 2025$1,630$1,790$2,140$2,580$2,940
FY 2024$1,750$1,950$2,340$2,820$3,260
FY 2023$1,490$1,680$2,030$2,460$2,870

Questions about Bridgeport, NJ rents

How much will Section 8 pay for a two-bedroom in Bridgeport, NJ?

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $2,130, that basic range is $1,917 to $2,343 a month. The voucher pays the lower of the payment standard or the gross rent, minus the tenant's share, which is usually about 30% of adjusted monthly income. Confirm the local housing authority's current schedule before underwriting.

Which HUD fair market rent area is Bridgeport, NJ in?

Bridgeport, NJ is in the Philadelphia-Camden-Wilmington, PA-NJ-DE-MD MSA. HUD requires Small Area FMRs in this area, so payment standards are set by ZIP code.

How much did fair market rent change in Bridgeport, NJ for FY 2027?

The two-bedroom FMR rose 0.5%, from $2,120 in FY 2026 to $2,130 in FY 2027. Since FY 2023 it has risen 4.9%.

When do FY 2027 fair market rents take effect?

HUD's FY 2027 fair market rents took effect on October 1, 2026. When FMRs change, housing authorities generally have up to three months to bring payment standards back within 90% to 110% of the new FMR.

Source: HUD FY 2027 Small Area Fair Market Rents and area FMRs. Payment-standard ranges are 90% to 110% of FMR, HUD's basic range, not a housing authority's published schedule. How payment standards are set