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NJ/Bergen County/Rochelle Park

Rochelle Park, NJ

CitySAFMR
Bergen County
Found 1 ZIP

City Median Investment Score

47Below average

095130300
BRFMR
Eff. Rent
0 BR$1,720$1,890
1 BR$1,920$2,060
2 BR$2,210$2,430
3 BR$2,680$2,950
4 BR$3,390$3,730
5 BR$3,898Not available
6 BR$4,483Not available
7 BR$5,156Not available
8 BR$5,929Not available

Purchase Price Calculator

Maximum purchase price
$299,181

Cost breakdown

+Likely effective rent$2,430
HUD FMR$2,210
Market rent$3,610
Est. payment standard (110%)Used$2,430
-Principal and interest-$1,513
Loan amount$239,344
Down payment$59,836
Rate6.50%
Term30 years
-Operating costs-$717
Property taxes-$299
Insurance-$175
Utilities$0
HOA$0
Management-$243
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$38,779(64.8% ROI)
Projected value
$322,185
Return breakdown
Property appreciation+$23,004
Loan principal paid down+$8,575
Rental cash flow+$7,200
5-year hold
+$66,607(111.3% ROI)
Projected value
$338,495
Return breakdown
Property appreciation+$39,315
Loan principal paid down+$15,292
Rental cash flow+$12,000
10-year hold
+$144,233(241.0% ROI)
Projected value
$382,976
Return breakdown
Property appreciation+$83,796
Loan principal paid down+$36,437
Rental cash flow+$24,000

Public Housing Authority

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Rolodex

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Market Alignment

Studio
0.54
1 BR
0.90
2 BR
0.61
3 BR
0.70
4 BR
0.80
0.701.001.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
--
Tax rate
--
Mortgage rate
--

Rochelle Park, NJ fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Rochelle Park, NJ is $2,210 a month. That is down 6.0% from $2,350 in FY 2026. Rochelle 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 Rochelle Park is 1% below it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for Rochelle Park, NJ
BedroomsFY 2027Change90–110% range
Studio$1,720−4.4%$1,548–$1,892
1BR$1,920−6.3%$1,728–$2,112
2BR$2,210−6.0%$1,989–$2,431
3BR$2,680−6.6%$2,412–$2,948
4BR$3,390−7.4%$3,051–$3,729

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for Rochelle Park, NJ
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$1,720$1,920$2,210$2,680$3,390
FY 2026$1,800$2,050$2,350$2,870$3,660
FY 2025$1,690$1,960$2,250$2,770$3,500
FY 2024$1,610$1,900$2,180$2,700$3,390
FY 2023$1,520$1,820$2,110$2,620$3,290

Questions about Rochelle Park, NJ rents

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

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $2,210, that basic range is $1,989 to $2,431 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 Rochelle Park, NJ in?

Rochelle 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 Rochelle Park, NJ for FY 2027?

The two-bedroom FMR fell 6.0%, from $2,350 in FY 2026 to $2,210 in FY 2027. Since FY 2023 it has risen 4.7%.

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