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Monmouth County/Marlboro/07746

07746

ZIPSAFMR
Monmouth County, NJ
Zillow

ZIP Investment Score

56Below average

095130300
BRFMR
Eff. Rent
0 BR$2,500$1,790
1 BR$2,770$1,850
2 BR$3,420$2,310
3 BR$4,390$3,730
4 BR$4,860$4,570
5 BR$5,589Not available
6 BR$6,427Not available
7 BR$7,391Not available
8 BR$8,500Not available

Purchase Price Calculator

Maximum purchase price
$281,349

Cost breakdown

+Likely effective rent$2,310
HUD FMR$3,420
Market rentUsed$2,310
Est. payment standard (90%)$3,080
-Principal and interest-$1,423
Loan amount$225,079
Down payment$56,270
Rate6.50%
Term30 years
-Operating costs-$687
Property taxes-$281
Insurance-$175
Utilities$0
HOA$0
Management-$231
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$36,897(65.6% ROI)
Projected value
$302,982
Return breakdown
Property appreciation+$21,633
Loan principal paid down+$8,064
Rental cash flow+$7,200
5-year hold
+$63,352(112.6% ROI)
Projected value
$318,320
Return breakdown
Property appreciation+$36,972
Loan principal paid down+$14,380
Rental cash flow+$12,000
10-year hold
+$137,067(243.6% ROI)
Projected value
$360,150
Return breakdown
Property appreciation+$78,801
Loan principal paid down+$34,266
Rental cash flow+$24,000

Public Housing Authority

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Rolodex

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Market Alignment

Studio
1.40
1 BR
1.50
2 BR
1.48
3 BR
1.18
4 BR
1.06
0.701.001.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
--
Tax rate
--
Mortgage rate
--

ZIP 07746 fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 07746 (Marlboro, NJ) is $3,420 a month. That is down 2.0% from $3,490 in FY 2026. Marlboro 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, 07746 is tied for the highest two-bedroom rent (county range $1,200–$3,420). The median county two-bedroom FMR in New Jersey is $2,233, so ZIP 07746 is 53% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for 07746
BedroomsFY 2027Change90–110% range
Studio$2,500−0.4%$2,250–$2,750
1BR$2,770−2.1%$2,493–$3,047
2BR$3,420−2.0%$3,078–$3,762
3BR$4,390−3.7%$3,951–$4,829
4BR$4,860−3.8%$4,374–$5,346

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for 07746
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$2,500$2,770$3,420$4,390$4,860
FY 2026$2,510$2,830$3,490$4,560$5,050
FY 2025$2,210$2,480$3,060$4,080$4,530
FY 2024$2,070$2,320$2,870$3,900$4,350
FY 2023$1,720$1,920$2,400$3,290$3,660

Two-bedroom rent in nearby Monmouth County ZIP codes

FY 2027 two-bedroom Small Area FMR by ZIP code
ZIP code2 bedroomvs. 07746
07737$1,920−43.9%
07738$1,200−64.9%
07739$3,030−11.4%
07740$2,410−29.5%
07746Current$3,420—
07747$2,540−25.7%
07748$2,110−38.3%
07750$2,800−18.1%
07751$3,330−2.6%
07752$2,330−31.9%
07753$2,380−30.4%
07754$2,330−31.9%

Questions about ZIP 07746 rents

How much will Section 8 pay for a two-bedroom in ZIP 07746?

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $3,420, that basic range is $3,078 to $3,762 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 07746 in?

ZIP 07746 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 07746 for FY 2027?

The two-bedroom FMR fell 2.0%, from $3,490 in FY 2026 to $3,420 in FY 2027. Since FY 2023 it has risen 42.5%.

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