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Monmouth County/Belmar/07719

07719

ZIPSAFMR
Monmouth County, NJ
Zillow

ZIP Investment Score

43Below average

095130300
BRFMR
Eff. Rent
0 BR$1,650$1,820
1 BR$1,830$2,010
2 BR$2,260$2,490
3 BR$2,900$3,190
4 BR$3,210$3,530
5 BR$3,691Not available
6 BR$4,245Not available
7 BR$4,882Not available
8 BR$5,614Not available

Purchase Price Calculator

Maximum purchase price
$308,096

Cost breakdown

+Likely effective rent$2,490
HUD FMR$2,260
Market rent$3,150
Est. payment standard (110%)Used$2,490
-Principal and interest-$1,558
Loan amount$246,477
Down payment$61,619
Rate6.50%
Term30 years
-Operating costs-$732
Property taxes-$308
Insurance-$175
Utilities$0
HOA$0
Management-$249
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$39,720(64.5% ROI)
Projected value
$331,786
Return breakdown
Property appreciation+$23,690
Loan principal paid down+$8,831
Rental cash flow+$7,200
5-year hold
+$68,234(110.7% ROI)
Projected value
$348,583
Return breakdown
Property appreciation+$40,486
Loan principal paid down+$15,747
Rental cash flow+$12,000
10-year hold
+$147,816(239.9% ROI)
Projected value
$394,390
Return breakdown
Property appreciation+$86,293
Loan principal paid down+$37,523
Rental cash flow+$24,000

Public Housing Authority

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Rolodex

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Market Alignment

Studio
0.80
1 BR
0.81
2 BR
0.72
3 BR
0.76
4 BR
0.75
0.701.001.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
--
Tax rate
--
Mortgage rate
--

ZIP 07719 fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 07719 (Belmar, NJ) is $2,260 a month. That is down 3.0% from $2,330 in FY 2026. Belmar 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. Among 60 ZIP codes in Monmouth County, 07719 is tied for the 42nd-highest two-bedroom rent (county range $1,200–$3,420). The median county two-bedroom FMR in New Jersey is $2,233, so ZIP 07719 is 1% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for 07719
BedroomsFY 2027Change90–110% range
Studio$1,650−1.8%$1,485–$1,815
1BR$1,830−3.2%$1,647–$2,013
2BR$2,260−3.0%$2,034–$2,486
3BR$2,900−4.9%$2,610–$3,190
4BR$3,210−4.7%$2,889–$3,531

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for 07719
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$1,650$1,830$2,260$2,900$3,210
FY 2026$1,680$1,890$2,330$3,050$3,370
FY 2025$1,480$1,660$2,050$2,730$3,040
FY 2024$1,420$1,580$1,960$2,660$2,970
FY 2023$1,180$1,320$1,650$2,260$2,510

Two-bedroom rent in nearby Monmouth County ZIP codes

FY 2027 two-bedroom Small Area FMR by ZIP code
ZIP code2 bedroomvs. 07719
07711$2,430+7.5%
07712$2,310+2.2%
07716$2,540+12.4%
07717$2,380+5.3%
07718$2,090−7.5%
07719Current$2,260—
07720$2,220−1.8%
07721$2,480+9.7%
07722$3,420+51.3%
07723$2,070−8.4%
07724$2,100−7.1%
07726$2,470+9.3%

Questions about ZIP 07719 rents

How much will Section 8 pay for a two-bedroom in ZIP 07719?

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $2,260, that basic range is $2,034 to $2,486 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 07719 in?

ZIP 07719 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 ZIP 07719 for FY 2027?

The two-bedroom FMR fell 3.0%, from $2,330 in FY 2026 to $2,260 in FY 2027. Since FY 2023 it has risen 37.0%.

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