08836
ZIPFMR
Somerset County, NJ
BRFMR
Eff. Rent
0 BR$1,804$1,980
1 BR$1,978$2,150
2 BR$2,486$2,630
3 BR$2,981$3,280
4 BR$3,296$3,630
5 BR$3,790
6 BR$4,359
7 BR$5,013
8 BR$5,765

Purchase Price Calculator

Maximum purchase price
$328,900

Cost breakdown

+Likely effective rent$2,630
HUD FMR$2,486
Market rent$2,710
Est. payment standard (106%)Used$2,630
Estimated payment standard is $2,630 (106% of FMR).
-Principal and interest-$1,663
Loan amount$263,120
Down payment$65,780
Rate6.50%
Term30 years
-Operating costs-$767
Property taxes-$329
Insurance-$175
Utilities$0
HOA$0
Management-$263
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$41,916(63.7% ROI)
Projected value
$354,190
Current value$328,900
Return breakdown
Property appreciation+$25,289
Loan principal paid down+$9,427
Rental cash flow+$7,200
5-year hold
+$72,031(109.5% ROI)
Projected value
$372,121
Current value$328,900
Return breakdown
Property appreciation+$43,220
Loan principal paid down+$16,811
Rental cash flow+$12,000
10-year hold
+$156,177(237.4% ROI)
Projected value
$421,020
Current value$328,900
Return breakdown
Property appreciation+$92,120
Loan principal paid down+$40,057
Rental cash flow+$24,000

Upgrade to access AI-powered research tools

Upgrade

Rolodex

Upgrade to access AI-powered research tools

Upgrade

Market Alignment

FMR / market rent by bedroom; grey wings show the 90-110% payment-standard spread.

Studio
Studio
0.65ratio
FMR$1,804
Market$2,760
vs market-$956

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

90% standard$1,624 / 0.59 ratio110% standard$1,984 / 0.72 ratio
0.65
1 BR
1 BR
0.88ratio
FMR$1,978
Market$2,240
vs market-$262

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

90% standard$1,780 / 0.79 ratio110% standard$2,176 / 0.97 ratio
0.88
2 BR
2 BR
0.92ratio
FMR$2,486
Market$2,710
vs market-$224

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

90% standard$2,237 / 0.83 ratio110% standard$2,735 / 1.01 ratio
0.92
3 BR
3 BR
0.84ratio
FMR$2,981
Market$3,550
vs market-$569

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

90% standard$2,683 / 0.76 ratio110% standard$3,279 / 0.92 ratio
0.84
4 BR
4 BR
0.73ratio
FMR$3,296
Market$4,510
vs market-$1,214

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

90% standard$2,966 / 0.66 ratio110% standard$3,626 / 0.80 ratio
0.73
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 08836 (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.

08836 fair market rent and Section 8 rent limits

The FY 2026 HUD Fair Market Rent (FMR) page for 08836 shows monthly rent limits by bedroom size for Housing Choice Voucher and Section 8 comparisons. The 2 bedroom fair market rent is $2,486 and the 4 bedroom fair market rent is $3,296.

Use this page for searches like 08836 FMR, 08836 fair market rent, and 08836 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 08836
Bedroom sizeHUD FMR
Studio$1,804
1 bedroom$1,978
2 bedroom$2,486
3 bedroom$2,981
4 bedroom$3,296