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NJ/Bergen County/Harrington Park

Harrington Park, NJ

CitySAFMR
Bergen County
Found 1 ZIP

City Median Investment Score

60Below average

095130300
BRFMR
Eff. Rent
0 BR$2,440$2,680
1 BR$2,740$2,520
2 BR$3,150$3,470
3 BR$3,820$4,200
4 BR$4,820$5,300
5 BR$5,543Not available
6 BR$6,374Not available
7 BR$7,331Not available
8 BR$8,430Not available

Purchase Price Calculator

Maximum purchase price
$453,724

Cost breakdown

+Likely effective rent$3,470
HUD FMR$3,150
Market rent$4,090
Est. payment standard (110%)Used$3,470
-Principal and interest-$2,294
Loan amount$362,979
Down payment$90,745
Rate6.50%
Term30 years
-Operating costs-$976
Property taxes-$454
Insurance-$175
Utilities$0
HOA$0
Management-$347
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$55,092(60.7% ROI)
Projected value
$488,611
Return breakdown
Property appreciation+$34,887
Loan principal paid down+$13,005
Rental cash flow+$7,200
5-year hold
+$94,814(104.5% ROI)
Projected value
$513,347
Return breakdown
Property appreciation+$59,623
Loan principal paid down+$23,191
Rental cash flow+$12,000
10-year hold
+$206,341(227.4% ROI)
Projected value
$580,805
Return breakdown
Property appreciation+$127,081
Loan principal paid down+$55,260
Rental cash flow+$24,000

Public Housing Authority

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Rolodex

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Market Alignment

Studio
0.54
1 BR
1.09
2 BR
0.77
3 BR
0.84
4 BR
0.85
0.701.001.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
--
Tax rate
--
Mortgage rate
--

Harrington Park, NJ fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Harrington Park, NJ is $3,150 a month. That is down 1.6% from $3,200 in FY 2026. Harrington Park 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 Harrington Park is 41% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for Harrington Park, NJ
BedroomsFY 2027Change90–110% range
Studio$2,440−0.4%$2,196–$2,684
1BR$2,740−1.4%$2,466–$3,014
2BR$3,150−1.6%$2,835–$3,465
3BR$3,820−2.1%$3,438–$4,202
4BR$4,820−3.2%$4,338–$5,302

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for Harrington Park, NJ
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$2,440$2,740$3,150$3,820$4,820
FY 2026$2,450$2,780$3,200$3,900$4,980
FY 2025$2,340$2,710$3,110$3,830$4,840
FY 2024$2,100$2,470$2,840$3,520$4,420
FY 2023$1,980$2,370$2,750$3,410$4,290

Questions about Harrington Park, NJ rents

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

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $3,150, that basic range is $2,835 to $3,465 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 Harrington Park, NJ in?

Harrington Park, 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 Harrington Park, NJ for FY 2027?

The two-bedroom FMR fell 1.6%, from $3,200 in FY 2026 to $3,150 in FY 2027. Since FY 2023 it has risen 14.5%.

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