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NJ/Ocean County/Mantoloking

Mantoloking, NJ

CitySAFMR
Ocean County
Found 1 ZIP

City Median Investment Score

32Below average

095130300
BRFMR
Eff. Rent
0 BR$1,730$1,900
1 BR$1,960$2,160
2 BR$2,410$2,650
3 BR$3,150$3,340
4 BR$3,490$3,840
5 BR$4,013Not available
6 BR$4,616Not available
7 BR$5,308Not available
8 BR$6,104Not available

Purchase Price Calculator

Maximum purchase price
$331,872

Cost breakdown

+Likely effective rent$2,650
HUD FMR$2,410
Market rent$2,880
Est. payment standard (110%)Used$2,650
-Principal and interest-$1,678
Loan amount$265,498
Down payment$66,374
Rate6.50%
Term30 years
-Operating costs-$772
Property taxes-$332
Insurance-$175
Utilities$0
HOA$0
Management-$265
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$42,230(63.6% ROI)
Projected value
$357,390
Return breakdown
Property appreciation+$25,518
Loan principal paid down+$9,512
Rental cash flow+$7,200
5-year hold
+$72,573(109.3% ROI)
Projected value
$375,483
Return breakdown
Property appreciation+$43,611
Loan principal paid down+$16,963
Rental cash flow+$12,000
10-year hold
+$157,371(237.1% ROI)
Projected value
$424,825
Return breakdown
Property appreciation+$92,952
Loan principal paid down+$40,419
Rental cash flow+$24,000

Public Housing Authority

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Rolodex

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Market Alignment

Studio
0.65
1 BR
0.80
2 BR
0.84
3 BR
0.92
4 BR
0.59
0.701.001.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
--
Tax rate
--
Mortgage rate
--

Mantoloking, NJ fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Mantoloking, NJ is $2,410 a month. That is down 9.7% from $2,670 in FY 2026. Mantoloking is in the Monmouth-Ocean, 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 Mantoloking is 8% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for Mantoloking, NJ
BedroomsFY 2027Change90–110% range
Studio$1,730−9.9%$1,557–$1,903
1BR$1,960−9.7%$1,764–$2,156
2BR$2,410−9.7%$2,169–$2,651
3BR$3,150−9.7%$2,835–$3,465
4BR$3,490−9.8%$3,141–$3,839

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for Mantoloking, NJ
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$1,730$1,960$2,410$3,150$3,490
FY 2026$1,920$2,170$2,670$3,490$3,870
FY 2025$1,690$1,900$2,340$3,120$3,470
FY 2024$1,360$1,520$1,880$2,570$2,860
FY 2023$1,120$1,250$1,560$2,140$2,380

Questions about Mantoloking, NJ rents

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

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $2,410, that basic range is $2,169 to $2,651 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 Mantoloking, NJ in?

Mantoloking, NJ is in the Monmouth-Ocean, 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 Mantoloking, NJ for FY 2027?

The two-bedroom FMR fell 9.7%, from $2,670 in FY 2026 to $2,410 in FY 2027. Since FY 2023 it has risen 54.5%.

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