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Califon, NJ

CitySAFMR
Hunterdon County
Found 1 ZIP

City Median Investment Score

69Below average

095130300
BRFMR
Eff. Rent
0 BR$1,760$1,940
1 BR$1,910$2,100
2 BR$2,370$2,610
3 BR$2,840$3,120
4 BR$3,190$3,510
5 BR$3,668Not available
6 BR$4,219Not available
7 BR$4,852Not available
8 BR$5,579Not available

Purchase Price Calculator

Maximum purchase price
$325,928

Cost breakdown

+Likely effective rent$2,610
HUD FMR$2,370
Market rent$3,060
Est. payment standard (110%)Used$2,610
-Principal and interest-$1,648
Loan amount$260,743
Down payment$65,186
Rate6.50%
Term30 years
-Operating costs-$762
Property taxes-$326
Insurance-$175
Utilities$0
HOA$0
Management-$261
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$41,603(63.8% ROI)
Projected value
$350,989
Return breakdown
Property appreciation+$25,061
Loan principal paid down+$9,342
Rental cash flow+$7,200
5-year hold
+$71,489(109.7% ROI)
Projected value
$368,758
Return breakdown
Property appreciation+$42,830
Loan principal paid down+$16,659
Rental cash flow+$12,000
10-year hold
+$154,983(237.8% ROI)
Projected value
$417,216
Return breakdown
Property appreciation+$91,288
Loan principal paid down+$39,695
Rental cash flow+$24,000

Public Housing Authority

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Rolodex

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Market Alignment

Studio
0.48
1 BR
0.55
2 BR
0.77
3 BR
0.75
4 BR
0.80
0.701.001.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
--
Tax rate
--
Mortgage rate
--

Califon, NJ fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Califon, NJ is $2,370 a month. That is up 13.4% from $2,090 in FY 2026. Califon is in the Middlesex-Somerset-Hunterdon, NJ HUD Metro FMR Area. HUD also publishes the ZIP-level Small Area FMRs shown here, but unless the local housing authority has adopted them, vouchers are based on the metro-wide two-bedroom FMR of $2,623. The median county two-bedroom FMR in New Jersey is $2,233, so Califon is 6% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for Califon, NJ
BedroomsFY 2027Change90–110% range
Studio$1,760+15.8%$1,584–$1,936
1BR$1,910+14.4%$1,719–$2,101
2BR$2,370+13.4%$2,133–$2,607
3BR$2,840+12.7%$2,556–$3,124
4BR$3,190+13.9%$2,871–$3,509

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for Califon, NJ
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$1,760$1,910$2,370$2,840$3,190
FY 2026$1,520$1,670$2,090$2,520$2,800
FY 2025$1,450$1,630$2,050$2,490$2,730
FY 2024$1,210$1,370$1,730$2,100$2,320
FY 2023$1,150$1,310$1,670$2,060$2,300

Questions about Califon, NJ rents

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

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the metro-wide two-bedroom FMR of $2,623, which applies unless the housing authority uses Small Area FMRs, that basic range is $2,361 to $2,885 a month; under the ZIP-level Small Area FMR of $2,370 it would be $2,133 to $2,607. 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 Califon, NJ in?

Califon, NJ is in the Middlesex-Somerset-Hunterdon, NJ HUD Metro FMR Area. Small Area FMRs are optional here; the metro-wide two-bedroom FMR is $2,623.

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

The two-bedroom FMR rose 13.4%, from $2,090 in FY 2026 to $2,370 in FY 2027. Since FY 2023 it has risen 41.9%.

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