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Monmouth County/Manasquan/08736

08736

ZIPSAFMR
Monmouth County, NJ
Zillow

ZIP Investment Score

30Below average

095130300
BRFMR
Eff. Rent
0 BR$1,720$1,890
1 BR$1,900$2,090
2 BR$2,350$2,590
3 BR$3,010$3,310
4 BR$3,340$3,670
5 BR$3,841Not available
6 BR$4,417Not available
7 BR$5,080Not available
8 BR$5,842Not available

Purchase Price Calculator

Maximum purchase price
$322,956

Cost breakdown

+Likely effective rent$2,590
HUD FMR$2,350
Market rent$3,050
Est. payment standard (110%)Used$2,590
-Principal and interest-$1,633
Loan amount$258,365
Down payment$64,591
Rate6.50%
Term30 years
-Operating costs-$757
Property taxes-$323
Insurance-$175
Utilities$0
HOA$0
Management-$259
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$41,289(63.9% ROI)
Projected value
$347,789
Return breakdown
Property appreciation+$24,832
Loan principal paid down+$9,257
Rental cash flow+$7,200
5-year hold
+$70,946(109.8% ROI)
Projected value
$365,396
Return breakdown
Property appreciation+$42,439
Loan principal paid down+$16,507
Rental cash flow+$12,000
10-year hold
+$153,788(238.1% ROI)
Projected value
$413,412
Return breakdown
Property appreciation+$90,455
Loan principal paid down+$39,333
Rental cash flow+$24,000

Public Housing Authority

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Rolodex

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Market Alignment

Studio
0.60
1 BR
0.77
2 BR
0.77
3 BR
0.77
4 BR
0.69
0.701.001.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
--
Tax rate
--
Mortgage rate
--

ZIP 08736 fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 08736 (Manasquan, NJ) is $2,350 a month. That is up 6.3% from $2,210 in FY 2026. Manasquan 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 60 ZIP codes in Monmouth County, 08736 has the 33rd-highest two-bedroom rent (county range $1,200–$3,420). The median county two-bedroom FMR in New Jersey is $2,233, so ZIP 08736 is 5% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for 08736
BedroomsFY 2027Change90–110% range
Studio$1,720+8.2%$1,548–$1,892
1BR$1,900+6.1%$1,710–$2,090
2BR$2,350+6.3%$2,115–$2,585
3BR$3,010+4.2%$2,709–$3,311
4BR$3,340+4.4%$3,006–$3,674

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for 08736
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$1,720$1,900$2,350$3,010$3,340
FY 2026$1,590$1,790$2,210$2,890$3,200
FY 2025$1,360$1,520$1,880$2,500$2,790
FY 2024$1,270$1,410$1,750$2,380$2,650
FY 2023$1,060$1,180$1,480$2,030$2,250

Two-bedroom rent in nearby Monmouth County ZIP codes

FY 2027 two-bedroom Small Area FMR by ZIP code
ZIP code2 bedroomvs. 08736
08520$2,240−4.7%
08527$2,340−0.4%
08535$2,980+26.8%
08555$3,400+44.7%
08562$1,440−38.7%
08620$2,070−11.9%
08691$2,820+20.0%
08720$2,370+0.9%
08724$2,300−2.1%
08730$3,380+43.8%
08736Current$2,350—
08750$2,580+9.8%

Questions about ZIP 08736 rents

How much will Section 8 pay for a two-bedroom in ZIP 08736?

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $2,350, that basic range is $2,115 to $2,585 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 08736 in?

ZIP 08736 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 08736 for FY 2027?

The two-bedroom FMR rose 6.3%, from $2,210 in FY 2026 to $2,350 in FY 2027. Since FY 2023 it has risen 58.8%.

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