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NJ/Bergen County/Englewood

Englewood, NJ

CitySAFMR
Bergen County
Found 1 ZIP

City Median Investment Score

54Below average

095130300
BRFMR
Eff. Rent
0 BR$2,000$2,200
1 BR$2,250$2,290
2 BR$2,580$2,830
3 BR$3,130$3,440
4 BR$3,950$4,350
5 BR$4,543Not available
6 BR$5,224Not available
7 BR$6,007Not available
8 BR$6,909Not available

Purchase Price Calculator

Maximum purchase price
$358,620

Cost breakdown

+Likely effective rent$2,830
HUD FMR$2,580
Market rent$2,960
Est. payment standard (110%)Used$2,830
-Principal and interest-$1,813
Loan amount$286,896
Down payment$71,724
Rate6.50%
Term30 years
-Operating costs-$817
Property taxes-$359
Insurance-$175
Utilities$0
HOA$0
Management-$283
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$45,053(62.8% ROI)
Projected value
$386,195
Return breakdown
Property appreciation+$27,575
Loan principal paid down+$10,279
Rental cash flow+$7,200
5-year hold
+$77,456(108.0% ROI)
Projected value
$405,746
Return breakdown
Property appreciation+$47,126
Loan principal paid down+$18,330
Rental cash flow+$12,000
10-year hold
+$168,121(234.4% ROI)
Projected value
$459,064
Return breakdown
Property appreciation+$100,444
Loan principal paid down+$43,677
Rental cash flow+$24,000

Public Housing Authority

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Rolodex

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Market Alignment

Studio
0.60
1 BR
0.97
2 BR
0.87
3 BR
0.73
4 BR
0.78
0.701.001.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
--
Tax rate
--
Mortgage rate
--

Englewood, NJ fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Englewood, NJ is $2,580 a month. That is down 1.5% from $2,620 in FY 2026. Englewood 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 Englewood is 16% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for Englewood, NJ
BedroomsFY 2027Change90–110% range
Studio$2,0000.0%$1,800–$2,200
1BR$2,250−1.3%$2,025–$2,475
2BR$2,580−1.5%$2,322–$2,838
3BR$3,130−2.2%$2,817–$3,443
4BR$3,950−3.2%$3,555–$4,345

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for Englewood, NJ
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$2,000$2,250$2,580$3,130$3,950
FY 2026$2,000$2,280$2,620$3,200$4,080
FY 2025$1,730$2,010$2,310$2,840$3,600
FY 2024$1,550$1,830$2,100$2,600$3,270
FY 2023$1,420$1,700$1,970$2,450$3,070

Questions about Englewood, NJ rents

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

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $2,580, that basic range is $2,322 to $2,838 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 Englewood, NJ in?

Englewood, 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 Englewood, NJ for FY 2027?

The two-bedroom FMR fell 1.5%, from $2,620 in FY 2026 to $2,580 in FY 2027. Since FY 2023 it has risen 31.0%.

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