07081
ZIPFMR
Union County, NJ
BRFMR
Eff. Rent
0 BR$1,612$1,770
1 BR$1,822$2,000
2 BR$2,205$2,430
3 BR$2,761$3,040
4 BR$3,137$3,450
5 BR$3,608
6 BR$4,149
7 BR$4,771
8 BR$5,487

Purchase Price Calculator

Maximum purchase price
$299,181

Cost breakdown

+Likely effective rent$2,430
HUD FMR$2,205
Market rent$3,480
Est. payment standard (110%)Used$2,430
Estimated payment standard is $2,430 (110% of FMR).
-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
Current value$299,181
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
Current value$299,181
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
Current value$299,181
Return breakdown
Property appreciation+$83,796
Loan principal paid down+$36,437
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
0.51ratio
FMR$1,612
Market$3,140
vs market-$1,528

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

0.51
1 BR
1 BR
0.73ratio
FMR$1,822
Market$2,490
vs market-$668

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

90% standard$1,640 / 0.66 ratio110% standard$2,004 / 0.80 ratio
0.73
2 BR
2 BR
0.63ratio
FMR$2,205
Market$3,480
vs market-$1,275

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

90% standard$1,985 / 0.57 ratio110% standard$2,426 / 0.70 ratio
0.63
3 BR
3 BR
0.67ratio
FMR$2,761
Market$4,130
vs market-$1,369

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

90% standard$2,485 / 0.60 ratio110% standard$3,037 / 0.74 ratio
0.67
4 BR
4 BR
0.63ratio
FMR$3,137
Market$4,970
vs market-$1,833

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

90% standard$2,823 / 0.57 ratio110% standard$3,451 / 0.69 ratio
0.63
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 07081 (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.

07081 fair market rent and Section 8 rent limits

The FY 2026 HUD Fair Market Rent (FMR) page for 07081 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 07081 FMR, 07081 fair market rent, and 07081 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 07081
Bedroom sizeHUD FMR
Studio$1,612
1 bedroom$1,822
2 bedroom$2,205
3 bedroom$2,761
4 bedroom$3,137