NJ/Union County/HILLSIDE
HILLSIDE, NJ
CityFMR
Union County
Found 1 ZIP
BRFMR
Eff. Rent
0 BR$1,612$1,770
1 BR$1,822$2,000
2 BR$2,205$2,410
3 BR$2,761$3,040
4 BR$3,137$3,420
5 BR$3,608
6 BR$4,149
7 BR$4,771
8 BR$5,487

Purchase Price Calculator

Maximum purchase price
$296,209

Cost breakdown

+Likely effective rent$2,410
HUD FMR$2,205
Market rent$2,520
Est. payment standard (109%)Used$2,410
Estimated payment standard is $2,410 (109% of FMR).
-Principal and interest-$1,498
Loan amount$236,967
Down payment$59,242
Rate6.50%
Term30 years
-Operating costs-$712
Property taxes-$296
Insurance-$175
Utilities$0
HOA$0
Management-$241
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$38,466(64.9% ROI)
Projected value
$318,984
Current value$296,209
Return breakdown
Property appreciation+$22,776
Loan principal paid down+$8,490
Rental cash flow+$7,200
5-year hold
+$66,064(111.5% ROI)
Projected value
$335,133
Current value$296,209
Return breakdown
Property appreciation+$38,924
Loan principal paid down+$15,140
Rental cash flow+$12,000
10-year hold
+$143,039(241.4% ROI)
Projected value
$379,172
Current value$296,209
Return breakdown
Property appreciation+$82,963
Loan principal paid down+$36,076
Rental cash flow+$24,000

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Market Alignment

FMR / market rent by bedroom; grey wings show the 90-110% payment-standard spread.

Studio
Studio- 07205
0.65ratio
FMR$1,612
Market$2,470
vs market-$858

FMR is below market; voucher rent may lag private rents.

90% standard$1,451 / 0.59 ratio110% standard$1,773 / 0.72 ratio
0.65
1 BR
1 BR- 07205
0.86ratio
FMR$1,822
Market$2,110
vs market-$288

FMR is below market; voucher rent may lag private rents.

90% standard$1,640 / 0.78 ratio110% standard$2,004 / 0.95 ratio
0.86
2 BR
2 BR- 07205
0.88ratio
FMR$2,205
Market$2,520
vs market-$315

FMR is below market; voucher rent may lag private rents.

90% standard$1,985 / 0.79 ratio110% standard$2,426 / 0.96 ratio
0.88
3 BR
3 BR- 07205
0.82ratio
FMR$2,761
Market$3,360
vs market-$599

FMR is below market; voucher rent may lag private rents.

90% standard$2,485 / 0.74 ratio110% standard$3,037 / 0.90 ratio
0.82
4 BR
4 BR- 07205
0.88ratio
FMR$3,137
Market$3,570
vs market-$433

FMR is below market; voucher rent may lag private rents.

90% standard$2,823 / 0.79 ratio110% standard$3,451 / 0.97 ratio
0.88
0.700.800.901.001.101.201.30aligned range

Voucher rents are below market for all bedroom sizes.

Historical
FY 2022-2026

Data freshness

FMR
FY2026
Market rent
last ~365 days
About this result(HUD FMR/SAFMR details)

This page shows HUD Fair Market Rent data for HILLSIDE, NJ (NJ) for FY 2026. Fair Market Rent (FMR) is a HUD benchmark used to determine payment standards for programs like the Housing Choice Voucher (Section 8) program.

Values are shown for 0–4 bedroom units. In some metro areas HUD publishes Small Area FMR (SAFMR) at the ZIP-code level; otherwise the county/metropolitan-area FMR applies. This result is labeled FMR based on HUD's designation for the area and the available data.

Tip: use these numbers as a starting point and confirm local program rules (payment standards may differ from HUD's published FMR). If you're comparing neighborhoods, SAFMR ZIP ranges can highlight variation within the same county.

Related ZIPs

HILLSIDE, NJ fair market rent and Section 8 rent limits

The FY 2026 HUD Fair Market Rent (FMR) page for HILLSIDE, NJ shows monthly rent limits by bedroom size for Housing Choice Voucher and Section 8 comparisons. The 2 bedroom fair market rent is $2,205 and the 4 bedroom fair market rent is $3,137.

Use this page for searches like HILLSIDE, NJ FMR, HILLSIDE, NJ fair market rent, and HILLSIDE, NJ Section 8 payment standards. Local housing authorities can set payment standards above or below published HUD FMR, so confirm program rules before underwriting a property.

FY 2026 Fair Market Rent by bedroom size for HILLSIDE, NJ
Bedroom sizeHUD FMR
Studio$1,612
1 bedroom$1,822
2 bedroom$2,205
3 bedroom$2,761
4 bedroom$3,137