07848
ZIPFMR
Sussex County, NJ
BRFMR
Eff. Rent
0 BR$1,612$1,550
1 BR$1,822$1,570
2 BR$2,205$2,200
3 BR$2,761$2,900
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
$265,003

Cost breakdown

+Likely effective rent$2,200
HUD FMR$2,205
Market rentUsed$2,200
Est. payment standard (100%)$2,200
Market rent is below the inferred standard ($2,200, 100% of FMR).
-Principal and interest-$1,340
Loan amount$212,002
Down payment$53,001
Rate6.50%
Term30 years
-Operating costs-$660
Property taxes-$265
Insurance-$175
Utilities$0
HOA$0
Management-$220
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$35,172(66.4% ROI)
Projected value
$285,379
Current value$265,003
Return breakdown
Property appreciation+$20,376
Loan principal paid down+$7,596
Rental cash flow+$7,200
5-year hold
+$60,368(113.9% ROI)
Projected value
$299,826
Current value$265,003
Return breakdown
Property appreciation+$34,824
Loan principal paid down+$13,545
Rental cash flow+$12,000
10-year hold
+$130,498(246.2% ROI)
Projected value
$339,226
Current value$265,003
Return breakdown
Property appreciation+$74,223
Loan principal paid down+$32,275
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
1.04ratio
FMR$1,612
Market$1,550
vs market+$62

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

90% standard$1,451 / 0.94 ratio110% standard$1,773 / 1.14 ratio
1.04
1 BR
1 BR
1.16ratio
FMR$1,822
Market$1,570
vs market+$252

FMR is above market; underwrite to market rent.

90% standard$1,640 / 1.04 ratio110% standard$2,004 / 1.28 ratio
1.16
2 BR
2 BR
1.00ratio
FMR$2,205
Market$2,200
vs market+$5

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

90% standard$1,985 / 0.90 ratio110% standard$2,426 / 1.10 ratio
1.00
3 BR
3 BR
0.93ratio
FMR$2,761
Market$2,970
vs market-$209

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

90% standard$2,485 / 0.84 ratio110% standard$3,037 / 1.02 ratio
0.93
4 BR
4 BR
0.86ratio
FMR$3,137
Market$3,660
vs market-$523

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

90% standard$2,823 / 0.77 ratio110% standard$3,451 / 0.94 ratio
0.86
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 07848 (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.

07848 fair market rent and Section 8 rent limits

The FY 2026 HUD Fair Market Rent (FMR) page for 07848 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 07848 FMR, 07848 fair market rent, and 07848 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 07848
Bedroom sizeHUD FMR
Studio$1,612
1 bedroom$1,822
2 bedroom$2,205
3 bedroom$2,761
4 bedroom$3,137