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Middlesex County/Plainsboro/08536

08536

ZIPSAFMR
Middlesex County, NJ
Zillow

ZIP Investment Score

55Below average

095130300
BRFMR
Eff. Rent
0 BR$2,030$1,970
1 BR$2,180$1,930
2 BR$2,720$2,500
3 BR$3,240$3,510
4 BR$3,640$4,000
5 BR$4,186Not available
6 BR$4,814Not available
7 BR$5,536Not available
8 BR$6,366Not available

Purchase Price Calculator

Maximum purchase price
$309,582

Cost breakdown

+Likely effective rent$2,500
HUD FMR$2,720
Market rentUsed$2,500
Est. payment standard (95%)$2,580
-Principal and interest-$1,565
Loan amount$247,666
Down payment$61,916
Rate6.50%
Term30 years
-Operating costs-$735
Property taxes-$310
Insurance-$175
Utilities$0
HOA$0
Management-$250
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$39,877(64.4% ROI)
Projected value
$333,386
Return breakdown
Property appreciation+$23,804
Loan principal paid down+$8,873
Rental cash flow+$7,200
5-year hold
+$68,505(110.6% ROI)
Projected value
$350,264
Return breakdown
Property appreciation+$40,682
Loan principal paid down+$15,823
Rental cash flow+$12,000
10-year hold
+$148,414(239.7% ROI)
Projected value
$396,292
Return breakdown
Property appreciation+$86,709
Loan principal paid down+$37,704
Rental cash flow+$24,000

Public Housing Authority

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Rolodex

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Market Alignment

Studio
1.03
1 BR
1.13
2 BR
1.09
3 BR
0.89
4 BR
0.79
0.701.001.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
--
Tax rate
--
Mortgage rate
--

ZIP 08536 fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 08536 (Plainsboro, NJ) is $2,720 a month. That is up 6.3% from $2,560 in FY 2026. Plainsboro is in the Middlesex-Somerset-Hunterdon, 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 $2,623. Among 56 ZIP codes in Middlesex County, 08536 has the 20th-highest two-bedroom rent (county range $2,150–$3,330). The median county two-bedroom FMR in New Jersey is $2,233, so ZIP 08536 is 22% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for 08536
BedroomsFY 2027Change90–110% range
Studio$2,030+9.1%$1,827–$2,233
1BR$2,180+6.9%$1,962–$2,398
2BR$2,720+6.3%$2,448–$2,992
3BR$3,240+5.5%$2,916–$3,564
4BR$3,640+7.4%$3,276–$4,004

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for 08536
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$2,030$2,180$2,720$3,240$3,640
FY 2026$1,860$2,040$2,560$3,070$3,390
FY 2025$1,610$1,810$2,270$2,740$3,010
FY 2024$1,770$1,980$2,500$3,030$3,330
FY 2023$1,520$1,720$2,180$2,650$2,930

Two-bedroom rent in nearby Middlesex County ZIP codes

FY 2027 two-bedroom Small Area FMR by ZIP code
ZIP code2 bedroomvs. 08536
08512$2,250−17.3%
08520$2,240−17.6%
08528$2,890+6.3%
08536Current$2,720—
08540$2,890+6.3%
08805$2,600−4.4%
08810$2,870+5.5%
08812$2,550−6.2%
08816$2,920+7.4%
08817$2,790+2.6%
08818$2,600−4.4%
08820$2,870+5.5%

Questions about ZIP 08536 rents

How much will Section 8 pay for a two-bedroom in ZIP 08536?

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the metro-wide two-bedroom FMR of $2,623, which applies unless the housing authority uses Small Area FMRs, that basic range is $2,361 to $2,885 a month; under the ZIP-level Small Area FMR of $2,720 it would be $2,448 to $2,992. 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 08536 in?

ZIP 08536 is in the Middlesex-Somerset-Hunterdon, NJ HUD Metro FMR Area. Small Area FMRs are optional here; the metro-wide two-bedroom FMR is $2,623.

How much did fair market rent change in ZIP 08536 for FY 2027?

The two-bedroom FMR rose 6.3%, from $2,560 in FY 2026 to $2,720 in FY 2027. Since FY 2023 it has risen 24.8%.

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