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NJ/Atlantic County/Egg Harbor Township

Egg Harbor Township, NJ

CitySAFMR
Atlantic County
Found 1 ZIP

City Median Investment Score

98Above average

095130300
BRFMR
Eff. Rent
0 BR$1,490$1,640
1 BR$1,690$1,860
2 BR$2,050$2,240
3 BR$2,780$2,730
4 BR$3,080$3,320
5 BR$3,542Not available
6 BR$4,073Not available
7 BR$4,684Not available
8 BR$5,387Not available

Purchase Price Calculator

Maximum purchase price
$270,947

Cost breakdown

+Likely effective rent$2,240
HUD FMR$2,050
Market rent$2,340
Est. payment standard (109%)Used$2,240
-Principal and interest-$1,370
Loan amount$216,757
Down payment$54,189
Rate6.50%
Term30 years
-Operating costs-$670
Property taxes-$271
Insurance-$175
Utilities$0
HOA$0
Management-$224
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$35,799(66.1% ROI)
Projected value
$291,780
Return breakdown
Property appreciation+$20,833
Loan principal paid down+$7,766
Rental cash flow+$7,200
5-year hold
+$61,453(113.4% ROI)
Projected value
$306,551
Return breakdown
Property appreciation+$35,605
Loan principal paid down+$13,849
Rental cash flow+$12,000
10-year hold
+$132,887(245.2% ROI)
Projected value
$346,835
Return breakdown
Property appreciation+$75,888
Loan principal paid down+$32,999
Rental cash flow+$24,000

Public Housing Authority

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Rolodex

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Market Alignment

Studio
0.68
1 BR
0.83
2 BR
0.88
3 BR
1.02
4 BR
0.89
0.701.001.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
--
Tax rate
--
Mortgage rate
--

Egg Harbor Township, NJ fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Egg Harbor Township, NJ is $2,050 a month. That is up 0.5% from $2,040 in FY 2026. Egg Harbor Township is in the Atlantic City-Hammonton, 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 $1,899. The median county two-bedroom FMR in New Jersey is $2,233, so Egg Harbor Township is 8% below it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for Egg Harbor Township, NJ
BedroomsFY 2027Change90–110% range
Studio$1,490+1.4%$1,341–$1,639
1BR$1,690+0.6%$1,521–$1,859
2BR$2,050+0.5%$1,845–$2,255
3BR$2,780−1.8%$2,502–$3,058
4BR$3,080−1.0%$2,772–$3,388

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for Egg Harbor Township, NJ
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$1,490$1,690$2,050$2,780$3,080
FY 2026$1,470$1,680$2,040$2,830$3,110
FY 2025$1,360$1,550$1,880$2,630$2,900
FY 2024$1,180$1,350$1,680$2,370$2,600
FY 2023$1,020$1,180$1,490$2,110$2,300

Questions about Egg Harbor Township, NJ rents

How much will Section 8 pay for a two-bedroom in Egg Harbor Township, NJ?

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the metro-wide two-bedroom FMR of $1,899, which applies unless the housing authority uses Small Area FMRs, that basic range is $1,709 to $2,089 a month; under the ZIP-level Small Area FMR of $2,050 it would be $1,845 to $2,255. 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 Egg Harbor Township, NJ in?

Egg Harbor Township, NJ is in the Atlantic City-Hammonton, NJ HUD Metro FMR Area. Small Area FMRs are optional here; the metro-wide two-bedroom FMR is $1,899.

How much did fair market rent change in Egg Harbor Township, NJ for FY 2027?

The two-bedroom FMR rose 0.5%, from $2,040 in FY 2026 to $2,050 in FY 2027. Since FY 2023 it has risen 37.6%.

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