NJ/Ocean County/MANCHESTER TOWNSHIP
MANCHESTER TOWNSHIP, NJ
CityFMR
Ocean County
Found 1 ZIP
BRFMR
Eff. Rent
0 BR$1,676$1,720
1 BR$1,889$1,750
2 BR$2,328$2,060
3 BR$3,043$2,410
4 BR$3,371$2,460
5 BR$3,877
6 BR$4,458
7 BR$5,127
8 BR$5,896

Purchase Price Calculator

Maximum purchase price
$244,199

Cost breakdown

+Likely effective rent$2,060
HUD FMR$2,328
Market rentUsed$2,060
Est. payment standard (93%)$2,150
Market rent is below the inferred standard ($2,150, 93% of FMR).
-Principal and interest-$1,235
Loan amount$195,359
Down payment$48,840
Rate6.50%
Term30 years
-Operating costs-$625
Property taxes-$244
Insurance-$175
Utilities$0
HOA$0
Management-$206
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$32,976(67.5% ROI)
Projected value
$262,975
Current value$244,199
Return breakdown
Property appreciation+$18,777
Loan principal paid down+$6,999
Rental cash flow+$7,200
5-year hold
+$56,571(115.8% ROI)
Projected value
$276,288
Current value$244,199
Return breakdown
Property appreciation+$32,090
Loan principal paid down+$12,482
Rental cash flow+$12,000
10-year hold
+$122,137(250.1% ROI)
Projected value
$312,595
Current value$244,199
Return breakdown
Property appreciation+$68,396
Loan principal paid down+$29,741
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- 08759
0.96ratio
FMR$1,676
Market$1,750
vs market-$74

FMR is near market; voucher and private rents are aligned.

90% standard$1,508 / 0.86 ratio110% standard$1,844 / 1.05 ratio
0.96
1 BR
1 BR- 08759
1.08ratio
FMR$1,889
Market$1,750
vs market+$139

FMR is near market; voucher and private rents are aligned.

90% standard$1,700 / 0.97 ratio110% standard$2,078 / 1.19 ratio
1.08
2 BR
2 BR- 08759
1.13ratio
FMR$2,328
Market$2,060
vs market+$268

FMR is above market; underwrite to market rent.

90% standard$2,095 / 1.02 ratio110% standard$2,561 / 1.24 ratio
1.13
3 BR
3 BR- 08759
1.26ratio
FMR$3,043
Market$2,410
vs market+$633

FMR is above market; underwrite to market rent.

90% standard$2,739 / 1.14 ratio110% standard$3,347 / 1.39 ratio
1.26
4 BR
4 BR- 08759
1.37ratio
FMR$3,371
Market$2,460
vs market+$911

FMR is above market; underwrite to market rent.

90% standard$3,034 / 1.23 ratio110% standard$3,708 / 1.51 ratio
1.37
0.700.800.901.001.101.201.30aligned range

HUD benchmarks exceed market rents for larger unit 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 MANCHESTER TOWNSHIP, 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

MANCHESTER TOWNSHIP, NJ fair market rent and Section 8 rent limits

The FY 2026 HUD Fair Market Rent (FMR) page for MANCHESTER TOWNSHIP, NJ shows monthly rent limits by bedroom size for Housing Choice Voucher and Section 8 comparisons. The 2 bedroom fair market rent is $2,328 and the 4 bedroom fair market rent is $3,371.

Use this page for searches like MANCHESTER TOWNSHIP, NJ FMR, MANCHESTER TOWNSHIP, NJ fair market rent, and MANCHESTER TOWNSHIP, 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 MANCHESTER TOWNSHIP, NJ
Bedroom sizeHUD FMR
Studio$1,676
1 bedroom$1,889
2 bedroom$2,328
3 bedroom$3,043
4 bedroom$3,371