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Atlantic County/Northfield/08225

08225

ZIPSAFMR
Atlantic County, NJ
Zillow

ZIP Investment Score

120Above average

095130300
BRFMR
Eff. Rent
0 BR$1,610$1,770
1 BR$1,830$1,840
2 BR$2,220$2,320
3 BR$3,010$3,310
4 BR$3,330$3,260
5 BR$3,829Not available
6 BR$4,404Not available
7 BR$5,065Not available
8 BR$5,824Not available

Purchase Price Calculator

Maximum purchase price
$282,835

Cost breakdown

+Likely effective rent$2,320
HUD FMR$2,220
Market rent$2,380
Est. payment standard (105%)Used$2,320
-Principal and interest-$1,430
Loan amount$226,268
Down payment$56,567
Rate6.50%
Term30 years
-Operating costs-$690
Property taxes-$283
Insurance-$175
Utilities$0
HOA$0
Management-$232
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$37,054(65.5% ROI)
Projected value
$304,582
Return breakdown
Property appreciation+$21,747
Loan principal paid down+$8,107
Rental cash flow+$7,200
5-year hold
+$63,623(112.5% ROI)
Projected value
$320,001
Return breakdown
Property appreciation+$37,167
Loan principal paid down+$14,456
Rental cash flow+$12,000
10-year hold
+$137,664(243.4% ROI)
Projected value
$362,052
Return breakdown
Property appreciation+$79,218
Loan principal paid down+$34,447
Rental cash flow+$24,000

Public Housing Authority

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Rolodex

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Market Alignment

Studio
0.85
1 BR
0.99
2 BR
0.93
3 BR
0.81
4 BR
1.02
0.701.001.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
--
Tax rate
--
Mortgage rate
--

ZIP 08225 fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 08225 (Northfield, NJ) is $2,220 a month. That is up 5.2% from $2,110 in FY 2026. Northfield is in the Atlantic City-Hammonton, 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 $1,899. Among 36 ZIP codes in Atlantic County, 08225 has the 6th-highest two-bedroom rent (county range $1,610–$2,850).

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for 08225
BedroomsFY 2027Change90–110% range
Studio$1,610+5.9%$1,449–$1,771
1BR$1,830+5.2%$1,647–$2,013
2BR$2,220+5.2%$1,998–$2,442
3BR$3,010+3.1%$2,709–$3,311
4BR$3,330+3.4%$2,997–$3,663

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for 08225
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$1,610$1,830$2,220$3,010$3,330
FY 2026$1,520$1,740$2,110$2,920$3,220
FY 2025$1,390$1,590$1,930$2,700$2,980
FY 2024$1,450$1,650$2,060$2,900$3,190
FY 2023$1,450$1,680$2,120$3,000$3,270

Two-bedroom rent in nearby Atlantic County ZIP codes

FY 2027 two-bedroom Small Area FMR by ZIP code
ZIP code2 bedroomvs. 08225
08213$1,900−14.4%
08215$2,240+0.9%
08217$1,920−13.5%
08220$1,900−14.4%
08221$2,830+27.5%
08225Current$2,220—
08231$1,900−14.4%
08232$1,700−23.4%
08234$2,050−7.7%
08240$2,160−2.7%
08241$2,780+25.2%
08244$1,790−19.4%

Questions about ZIP 08225 rents

How much will Section 8 pay for a two-bedroom in ZIP 08225?

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the metro-wide two-bedroom FMR of $1,899, which applies unless the housing authority uses Small Area FMRs, that basic range is $1,709 to $2,089 a month; under the ZIP-level Small Area FMR of $2,220 it would be $1,998 to $2,442. 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 08225 in?

ZIP 08225 is in the Atlantic City-Hammonton, NJ HUD Metro FMR Area. Small Area FMRs are optional here; the metro-wide two-bedroom FMR is $1,899.

How much did fair market rent change in ZIP 08225 for FY 2027?

The two-bedroom FMR rose 5.2%, from $2,110 in FY 2026 to $2,220 in FY 2027. Since FY 2023 it has risen 4.7%.

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