07112
ZIPFMR
Union County, NJ
BRFMR
Eff. Rent
0 BR$1,612$1,770
1 BR$1,822$1,520
2 BR$2,205$2,100
3 BR$2,761$2,330
4 BR$3,137$2,900
5 BR$3,608
6 BR$4,149
7 BR$4,771
8 BR$5,487

Purchase Price Calculator

Maximum purchase price
$250,143

Cost breakdown

+Likely effective rent$2,100
HUD FMR$2,205
Market rentUsed$2,100
Est. payment standard (97%)$2,140
Market rent is below the inferred standard ($2,140, 97% of FMR).
-Principal and interest-$1,265
Loan amount$200,114
Down payment$50,029
Rate6.50%
Term30 years
-Operating costs-$635
Property taxes-$250
Insurance-$175
Utilities$0
HOA$0
Management-$210
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$33,603(67.2% ROI)
Projected value
$269,376
Current value$250,143
Return breakdown
Property appreciation+$19,234
Loan principal paid down+$7,170
Rental cash flow+$7,200
5-year hold
+$57,656(115.2% ROI)
Projected value
$283,013
Current value$250,143
Return breakdown
Property appreciation+$32,871
Loan principal paid down+$12,785
Rental cash flow+$12,000
10-year hold
+$124,526(248.9% ROI)
Projected value
$320,204
Current value$250,143
Return breakdown
Property appreciation+$70,061
Loan principal paid down+$30,465
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
0.79ratio
FMR$1,612
Market$2,040
vs market-$428

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

90% standard$1,451 / 0.71 ratio110% standard$1,773 / 0.87 ratio
0.79
1 BR
1 BR
1.20ratio
FMR$1,822
Market$1,520
vs market+$302

FMR is above market; underwrite to market rent.

90% standard$1,640 / 1.08 ratio110% standard$2,004 / 1.32 ratio
1.20
2 BR
2 BR
1.05ratio
FMR$2,205
Market$2,100
vs market+$105

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

90% standard$1,985 / 0.95 ratio110% standard$2,426 / 1.16 ratio
1.05
3 BR
3 BR
1.18ratio
FMR$2,761
Market$2,330
vs market+$431

FMR is above market; underwrite to market rent.

90% standard$2,485 / 1.07 ratio110% standard$3,037 / 1.30 ratio
1.18
4 BR
4 BR
1.08ratio
FMR$3,137
Market$2,900
vs market+$237

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

90% standard$2,823 / 0.97 ratio110% standard$3,451 / 1.19 ratio
1.08
0.700.800.901.001.101.201.30aligned range

Voucher alignment varies significantly by bedroom size in this area.

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 07112 (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.

07112 fair market rent and Section 8 rent limits

The FY 2026 HUD Fair Market Rent (FMR) page for 07112 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 07112 FMR, 07112 fair market rent, and 07112 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 07112
Bedroom sizeHUD FMR
Studio$1,612
1 bedroom$1,822
2 bedroom$2,205
3 bedroom$2,761
4 bedroom$3,137