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NJ/Bergen County/East Rutherford

East Rutherford, NJ

CitySAFMR
Bergen County
Found 1 ZIP

City Median Investment Score

48Below average

095130300
BRFMR
Eff. Rent
0 BR$1,860$2,050
1 BR$2,080$2,290
2 BR$2,390$2,630
3 BR$2,900$3,190
4 BR$3,660$3,820
5 BR$4,209Not available
6 BR$4,840Not available
7 BR$5,566Not available
8 BR$6,401Not available

Purchase Price Calculator

Maximum purchase price
$328,900

Cost breakdown

+Likely effective rent$2,630
HUD FMR$2,390
Market rent$2,970
Est. payment standard (110%)Used$2,630
-Principal and interest-$1,663
Loan amount$263,120
Down payment$65,780
Rate6.50%
Term30 years
-Operating costs-$767
Property taxes-$329
Insurance-$175
Utilities$0
HOA$0
Management-$263
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$41,916(63.7% ROI)
Projected value
$354,190
Return breakdown
Property appreciation+$25,289
Loan principal paid down+$9,427
Rental cash flow+$7,200
5-year hold
+$72,031(109.5% ROI)
Projected value
$372,121
Return breakdown
Property appreciation+$43,220
Loan principal paid down+$16,811
Rental cash flow+$12,000
10-year hold
+$156,177(237.4% ROI)
Projected value
$421,020
Return breakdown
Property appreciation+$92,120
Loan principal paid down+$40,057
Rental cash flow+$24,000

Public Housing Authority

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Rolodex

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Market Alignment

Studio
0.69
1 BR
0.86
2 BR
0.80
3 BR
0.83
4 BR
0.94
0.701.001.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
--
Tax rate
--
Mortgage rate
--

East Rutherford, NJ fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in East Rutherford, NJ is $2,390 a month. That is down 0.8% from $2,410 in FY 2026. East Rutherford is in the Bergen-Passaic, NJ HUD Metro FMR Area, 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 East Rutherford is 7% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for East Rutherford, NJ
BedroomsFY 2027Change90–110% range
Studio$1,860+1.1%$1,674–$2,046
1BR$2,080−1.0%$1,872–$2,288
2BR$2,390−0.8%$2,151–$2,629
3BR$2,900−1.4%$2,610–$3,190
4BR$3,660−2.4%$3,294–$4,026

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for East Rutherford, NJ
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$1,860$2,080$2,390$2,900$3,660
FY 2026$1,840$2,100$2,410$2,940$3,750
FY 2025$1,610$1,870$2,150$2,650$3,350
FY 2024$1,500$1,760$2,020$2,500$3,150
FY 2023$1,420$1,700$1,970$2,450$3,070

Questions about East Rutherford, NJ rents

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

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $2,390, that basic range is $2,151 to $2,629 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 East Rutherford, NJ in?

East Rutherford, NJ is in the Bergen-Passaic, NJ HUD Metro FMR Area. HUD requires Small Area FMRs in this area, so payment standards are set by ZIP code.

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

The two-bedroom FMR fell 0.8%, from $2,410 in FY 2026 to $2,390 in FY 2027. Since FY 2023 it has risen 21.3%.

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