08751
ZIPFMR
Ocean County, NJ
BRFMR
Eff. Rent
0 BR$1,676$1,840
1 BR$1,889$1,950
2 BR$2,328$2,210
3 BR$3,043$3,220
4 BR$3,371$3,710
5 BR$3,877
6 BR$4,458
7 BR$5,127
8 BR$5,896

Purchase Price Calculator

Maximum purchase price
$266,489

Cost breakdown

+Likely effective rent$2,210
HUD FMR$2,328
Market rentUsed$2,210
Est. payment standard (97%)$2,250
Market rent is below the inferred standard ($2,250, 97% of FMR).
-Principal and interest-$1,348
Loan amount$213,191
Down payment$53,298
Rate6.50%
Term30 years
-Operating costs-$662
Property taxes-$266
Insurance-$175
Utilities$0
HOA$0
Management-$221
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$35,329(66.3% ROI)
Projected value
$286,979
Current value$266,489
Return breakdown
Property appreciation+$20,490
Loan principal paid down+$7,638
Rental cash flow+$7,200
5-year hold
+$60,640(113.8% ROI)
Projected value
$301,507
Current value$266,489
Return breakdown
Property appreciation+$35,019
Loan principal paid down+$13,621
Rental cash flow+$12,000
10-year hold
+$131,095(246.0% ROI)
Projected value
$341,128
Current value$266,489
Return breakdown
Property appreciation+$74,639
Loan principal paid down+$32,456
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
0.84ratio
FMR$1,676
Market$1,990
vs market-$314

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

90% standard$1,508 / 0.76 ratio110% standard$1,844 / 0.93 ratio
0.84
1 BR
1 BR
0.95ratio
FMR$1,889
Market$1,980
vs market-$91

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

90% standard$1,700 / 0.86 ratio110% standard$2,078 / 1.05 ratio
0.95
2 BR
2 BR
1.05ratio
FMR$2,328
Market$2,210
vs market+$118

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

90% standard$2,095 / 0.95 ratio110% standard$2,561 / 1.16 ratio
1.05
3 BR
3 BR
0.92ratio
FMR$3,043
Market$3,320
vs market-$277

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

90% standard$2,739 / 0.82 ratio110% standard$3,347 / 1.01 ratio
0.92
4 BR
4 BR
0.55ratio
FMR$3,371
Market$6,150
vs market-$2,779

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

90% standard$3,034 / 0.49 ratio110% standard$3,708 / 0.60 ratio
0.55
0.700.800.901.001.101.201.30aligned range

Voucher rents are below market for smaller unit sizes.

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 08751 (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.

08751 fair market rent and Section 8 rent limits

The FY 2026 HUD Fair Market Rent (FMR) page for 08751 shows monthly rent limits by bedroom size for Housing Choice Voucher and Section 8 comparisons. The 2 bedroom fair market rent is $2,328 and the 4 bedroom fair market rent is $3,371.

Use this page for searches like 08751 FMR, 08751 fair market rent, and 08751 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 08751
Bedroom sizeHUD FMR
Studio$1,676
1 bedroom$1,889
2 bedroom$2,328
3 bedroom$3,043
4 bedroom$3,371