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NJ/Gloucester County/Harrisonville

Harrisonville, NJ

CitySAFMR
Gloucester County
Found 1 ZIP
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City Median Investment Score

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095130300
BRFMR
Eff. Rent
0 BR$1,490$1,600
1 BR$1,610$1,620
2 BR$1,920$1,920
3 BR$2,290$2,410
4 BR$2,530$2,780
5 BR$2,910Not available
6 BR$3,346Not available
7 BR$3,848Not available
8 BR$4,425Not available

Purchase Price Calculator

Maximum purchase price
$223,395

Cost breakdown

+Likely effective rent$1,920
HUD FMR$1,920
Market rent$1,920
Est. payment standard (100%)Used$1,920
-Principal and interest-$1,130
Loan amount$178,716
Down payment$44,679
Rate6.50%
Term30 years
-Operating costs-$590
Property taxes-$223
Insurance-$175
Utilities$0
HOA$0
Management-$192
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$30,780(68.9% ROI)
Projected value
$240,572
Return breakdown
Property appreciation+$17,177
Loan principal paid down+$6,403
Rental cash flow+$7,200
5-year hold
+$52,774(118.1% ROI)
Projected value
$252,751
Return breakdown
Property appreciation+$29,356
Loan principal paid down+$11,418
Rental cash flow+$12,000
10-year hold
+$113,777(254.7% ROI)
Projected value
$285,964
Return breakdown
Property appreciation+$62,569
Loan principal paid down+$27,207
Rental cash flow+$24,000

Public Housing Authority

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Rolodex

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Market Alignment

Studio
0.90
1 BR
0.99
2 BR
1.00
3 BR
0.92
4 BR
0.73
0.701.001.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
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Tax rate
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Mortgage rate
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Harrisonville, NJ fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Harrisonville, NJ is $1,920 a month. That is down 3.0% from $1,980 in FY 2026. Harrisonville is in the Philadelphia-Camden-Wilmington, PA-NJ-DE-MD MSA, 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 Harrisonville is 14% below it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for Harrisonville, NJ
BedroomsFY 2027Change90–110% range
Studio$1,490−2.6%$1,341–$1,639
1BR$1,610−3.6%$1,449–$1,771
2BR$1,920−3.0%$1,728–$2,112
3BR$2,290−3.4%$2,061–$2,519
4BR$2,530−4.5%$2,277–$2,783

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for Harrisonville, NJ
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$1,490$1,610$1,920$2,290$2,530
FY 2026$1,530$1,670$1,980$2,370$2,650
FY 2025$1,550$1,710$2,040$2,460$2,790
FY 2024$1,480$1,650$1,980$2,390$2,760
FY 2023$1,250$1,410$1,700$2,070$2,400

Questions about Harrisonville, NJ rents

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

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $1,920, that basic range is $1,728 to $2,112 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 Harrisonville, NJ in?

Harrisonville, NJ is in the Philadelphia-Camden-Wilmington, PA-NJ-DE-MD MSA. HUD requires Small Area FMRs in this area, so payment standards are set by ZIP code.

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

The two-bedroom FMR fell 3.0%, from $1,980 in FY 2026 to $1,920 in FY 2027. Since FY 2023 it has risen 12.9%.

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