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Ocean County/Beach Haven/08008

08008

ZIPSAFMR
Ocean County, NJ
Zillow

ZIP Investment Score

18Below average

095130300
BRFMR
Eff. Rent
0 BR$1,670$1,670
1 BR$1,840$1,840
2 BR$2,280$2,280
3 BR$2,920$2,920
4 BR$3,240$3,240
5 BR$3,726Not available
6 BR$4,285Not available
7 BR$4,928Not available
8 BR$5,667Not available

Purchase Price Calculator

Maximum purchase price
$276,891

Cost breakdown

+Likely effective rent$2,280
HUD FMRUsed$2,280
Market rentN/A
Est. payment standardN/A
-Principal and interest-$1,400
Loan amount$221,512
Down payment$55,378
Rate6.50%
Term30 years
-Operating costs-$680
Property taxes-$277
Insurance-$175
Utilities$0
HOA$0
Management-$228
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$36,427(65.8% ROI)
Projected value
$298,181
Return breakdown
Property appreciation+$21,290
Loan principal paid down+$7,936
Rental cash flow+$7,200
5-year hold
+$62,538(112.9% ROI)
Projected value
$313,276
Return breakdown
Property appreciation+$36,386
Loan principal paid down+$14,152
Rental cash flow+$12,000
10-year hold
+$135,276(244.3% ROI)
Projected value
$354,443
Return breakdown
Property appreciation+$77,553
Loan principal paid down+$33,723
Rental cash flow+$24,000

Public Housing Authority

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Rolodex

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Market Alignment

Not enough rental comps in this area to determine how FMR aligns with current market rates.

Historical
FY 2023-2027
FMR
FY2027
Property value
--
Tax rate
--
Mortgage rate
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ZIP 08008 fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 08008 (Beach Haven, NJ) is $2,280 a month. That is up 0.9% from $2,260 in FY 2026. Beach Haven 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 35 ZIP codes in Ocean County, 08008 is tied for the 14th-highest two-bedroom rent (county range $1,760–$3,210). The median county two-bedroom FMR in New Jersey is $2,233, so ZIP 08008 is 2% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for 08008
BedroomsFY 2027Change90–110% range
Studio$1,670+2.5%$1,503–$1,837
1BR$1,840+0.5%$1,656–$2,024
2BR$2,280+0.9%$2,052–$2,508
3BR$2,920−1.0%$2,628–$3,212
4BR$3,240−0.9%$2,916–$3,564

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for 08008
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$1,670$1,840$2,280$2,920$3,240
FY 2026$1,630$1,830$2,260$2,950$3,270
FY 2025$1,420$1,590$1,960$2,610$2,900
FY 2024$1,290$1,440$1,790$2,430$2,710
FY 2023$1,050$1,170$1,470$2,010$2,240

Two-bedroom rent in nearby Ocean County ZIP codes

FY 2027 two-bedroom Small Area FMR by ZIP code
ZIP code2 bedroomvs. 08008
07728$2,430+6.6%
07731$3,210+40.8%
08005$2,440+7.0%
08006$2,210−3.1%
08008Current$2,280—
08050$2,370+3.9%
08087$2,250−1.3%
08092$2,010−11.8%
08514$2,060−9.6%
08527$2,340+2.6%
08533$2,100−7.9%
08701$2,050−10.1%

Questions about ZIP 08008 rents

How much will Section 8 pay for a two-bedroom in ZIP 08008?

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $2,280, that basic range is $2,052 to $2,508 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 08008 in?

ZIP 08008 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 08008 for FY 2027?

The two-bedroom FMR rose 0.9%, from $2,260 in FY 2026 to $2,280 in FY 2027. Since FY 2023 it has risen 55.1%.

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