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07826

ZIPSAFMR
Sussex County, NJ

ZIP Investment Score

57Below average

095130300
BRFMR
Eff. Rent
0 BR$1,700$1,870
1 BR$1,920$2,110
2 BR$2,320$2,400
3 BR$2,890$2,630
4 BR$3,310$2,720
5 BR$3,806Not available
6 BR$4,377Not available
7 BR$5,034Not available
8 BR$5,789Not available

Purchase Price Calculator

Maximum purchase price
$294,723

Cost breakdown

+Likely effective rent$2,400
HUD FMR$2,320
Market rent$2,440
Est. payment standard (103%)Used$2,400
-Principal and interest-$1,490
Loan amount$235,778
Down payment$58,945
Rate6.50%
Term30 years
-Operating costs-$710
Property taxes-$295
Insurance-$175
Utilities$0
HOA$0
Management-$240
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$38,309(65.0% ROI)
Projected value
$317,384
Return breakdown
Property appreciation+$22,661
Loan principal paid down+$8,447
Rental cash flow+$7,200
5-year hold
+$65,793(111.6% ROI)
Projected value
$333,451
Return breakdown
Property appreciation+$38,729
Loan principal paid down+$15,064
Rental cash flow+$12,000
10-year hold
+$142,442(241.7% ROI)
Projected value
$377,270
Return breakdown
Property appreciation+$82,547
Loan principal paid down+$35,895
Rental cash flow+$24,000

Public Housing Authority

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Rolodex

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Market Alignment

Studio
0.70
1 BR
0.78
2 BR
0.95
3 BR
1.10
4 BR
1.22
0.701.001.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
--
Tax rate
--
Mortgage rate
--

ZIP 07826 fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 07826 (Branchville, NJ) is $2,320 a month. That is down 1.3% from $2,350 in FY 2026. Branchville is in the Newark, NJ HUD Metro FMR Area. HUD also publishes the ZIP-level Small Area FMRs shown here, but unless the local housing authority has adopted them, vouchers are based on the metro-wide two-bedroom FMR of $2,233. Among 29 ZIP codes in Sussex County, 07826 has the 10th-highest two-bedroom rent (county range $1,990–$2,900). The median county two-bedroom FMR in New Jersey is $2,233, so ZIP 07826 is 4% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for 07826
BedroomsFY 2027Change90–110% range
Studio$1,700−1.2%$1,530–$1,870
1BR$1,920−1.0%$1,728–$2,112
2BR$2,320−1.3%$2,088–$2,552
3BR$2,890−1.7%$2,601–$3,179
4BR$3,310−0.9%$2,979–$3,641

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for 07826
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$1,700$1,920$2,320$2,890$3,310
FY 2026$1,720$1,940$2,350$2,940$3,340
FY 2025$1,710$1,950$2,360$2,970$3,380
FY 2024$1,550$1,780$2,150$2,720$3,140
FY 2023$1,260$1,500$1,800$2,280$2,680

Two-bedroom rent in nearby Sussex County ZIP codes

FY 2027 two-bedroom Small Area FMR by ZIP code
ZIP code2 bedroomvs. 07826
07821$2,200−5.2%
07822$2,140−7.8%
07825$2,360+1.7%
07826Current$2,320—
07827$1,990−14.2%
07832$2,520+8.6%
07837$2,100−9.5%
07839$2,100−9.5%
07843$2,350+1.3%
07848$1,990−14.2%
07849$2,210−4.7%
07851$1,990−14.2%

Questions about ZIP 07826 rents

How much will Section 8 pay for a two-bedroom in ZIP 07826?

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the metro-wide two-bedroom FMR of $2,233, which applies unless the housing authority uses Small Area FMRs, that basic range is $2,010 to $2,456 a month; under the ZIP-level Small Area FMR of $2,320 it would be $2,088 to $2,552. 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 07826 in?

ZIP 07826 is in the Newark, NJ HUD Metro FMR Area. Small Area FMRs are optional here; the metro-wide two-bedroom FMR is $2,233.

How much did fair market rent change in ZIP 07826 for FY 2027?

The two-bedroom FMR fell 1.3%, from $2,350 in FY 2026 to $2,320 in FY 2027. Since FY 2023 it has risen 28.9%.

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