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Bergen County/Carlstadt/07072

07072

ZIPSAFMR
Bergen County, NJ
Zillow

ZIP Investment Score

34Below average

095130300
BRFMR
Eff. Rent
0 BR$1,560$1,720
1 BR$1,750$1,930
2 BR$2,010$2,210
3 BR$2,440$2,680
4 BR$3,080$3,390
5 BR$3,542Not available
6 BR$4,073Not available
7 BR$4,684Not available
8 BR$5,387Not available

Purchase Price Calculator

Maximum purchase price
$266,489

Cost breakdown

+Likely effective rent$2,210
HUD FMR$2,010
Market rent$3,060
Est. payment standard (110%)Used$2,210
-Principal and interest-$1,348
Loan amount$213,191
Down payment$53,298
Rate6.50%
Term30 years
-Operating costs-$662
Property taxes-$266
Insurance-$175
Utilities$0
HOA$0
Management-$221
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$35,329(66.3% ROI)
Projected value
$286,979
Return breakdown
Property appreciation+$20,490
Loan principal paid down+$7,638
Rental cash flow+$7,200
5-year hold
+$60,640(113.8% ROI)
Projected value
$301,507
Return breakdown
Property appreciation+$35,019
Loan principal paid down+$13,621
Rental cash flow+$12,000
10-year hold
+$131,095(246.0% ROI)
Projected value
$341,128
Return breakdown
Property appreciation+$74,639
Loan principal paid down+$32,456
Rental cash flow+$24,000

Public Housing Authority

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Rolodex

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Market Alignment

Studio
0.72
1 BR
0.68
2 BR
0.66
3 BR
0.69
4 BR
0.76
0.701.001.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
--
Tax rate
--
Mortgage rate
--

ZIP 07072 fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 07072 (Carlstadt, NJ) is $2,010 a month. That is down 7.4% from $2,170 in FY 2026. Carlstadt 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. Among 74 ZIP codes in Bergen County, 07072 has the 72nd-highest two-bedroom rent (county range $1,440–$3,420). The median county two-bedroom FMR in New Jersey is $2,233, so ZIP 07072 is 10% below it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for 07072
BedroomsFY 2027Change90–110% range
Studio$1,560−6.0%$1,404–$1,716
1BR$1,750−7.4%$1,575–$1,925
2BR$2,010−7.4%$1,809–$2,211
3BR$2,440−7.9%$2,196–$2,684
4BR$3,080−8.9%$2,772–$3,388

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for 07072
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$1,560$1,750$2,010$2,440$3,080
FY 2026$1,660$1,890$2,170$2,650$3,380
FY 2025$1,550$1,800$2,060$2,540$3,210
FY 2024$1,440$1,690$1,940$2,400$3,020
FY 2023$1,280$1,530$1,780$2,210$2,780

Two-bedroom rent in nearby Bergen County ZIP codes

FY 2027 two-bedroom Small Area FMR by ZIP code
ZIP code2 bedroomvs. 07072
07024$3,360+67.2%
07026$2,140+6.5%
07031$2,190+9.0%
07032$2,600+29.4%
07047$3,030+50.7%
07057$1,990−1.0%
07070$2,390+18.9%
07071$2,280+13.4%
07072Current$2,010—
07073$2,390+18.9%
07074$1,440−28.4%
07075$2,370+17.9%

Questions about ZIP 07072 rents

How much will Section 8 pay for a two-bedroom in ZIP 07072?

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $2,010, that basic range is $1,809 to $2,211 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 ZIP 07072 in?

ZIP 07072 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 ZIP 07072 for FY 2027?

The two-bedroom FMR fell 7.4%, from $2,170 in FY 2026 to $2,010 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

County fair market rentCarlstadt, NJ fair market rentNJ statewide rentsWhat is SAFMR?Data sources