FISCAL YEAR 2010
FINAL FAIR MARKET RENTS
FOR EXISTING HOUSING

The following tables represent the Fair Market Rents (FMRs) for the state of New Jersey in selected Metropolitan and Nonmetropolitan Statistical Areas. Larger tables have been broken into screen-sized chunks to allow easy header viewing. The following abbreviations will be used:

 

FMR=Fair Market Rent
0 BR=Efficiency Apartment
1 BR=One Bedroom Apartment
2 BR=Two Bedroom Apartment/Duplex
3 BR=Three Bedroom Duplex/House
4 BR=Four Bedroom House
CBSA=Core-Based Statistical Areas
MSA=Metropolitan Statistical Area
PMSA=Primary Metropolitan Statistical Area

 

New Jersey

 

METROPOLITAN FMR AREAS LIVING WAGE ($/hour) FAIR MARKET RENT ($/month)
0 BR 1 BR 0 BR 1 BR 2 BR 3 BR 4 BR
Atlantic City-Hammonton, NJ MSA $16.12 $17.75 838 923 1101 1396 1566
Bergen-Passaic, NJ HUD Metro FMR Area $21.13 $23.65 1099 1230 1379 1703 1961
Jersey City, NJ HUD Metro FMR Area $19.13 $20.23 995 1052 1227 1487 1601
Middlesex-Somerset-Hunterdon, NJ HUD Metro FMR Area $22.21 $23.04 1155 1198 1409 1768 2085
Monmouth-Ocean, NJ HUD Metro FMR Area $17.33 $20.02 901 1041 1271 1656 1797
Newark, NJ HUD Metro FMR Area $17.62 $21.52 916 1119 1279 1531 1693
Ocean City, NJ MSA $14.25 $14.54 741 756 951 1246 1283
Philadelphia-Camden-Wilmington, PA-NJ-DE-MD MSA $15.44 $17.60 803 915 1095 1339 1615
Trenton-Ewing, NJ MSA $16.79 $19.33 873 1005 1208 1444 1620
Vineland-Millville-Bridgeton, NJ MSA $15.42 $15.48 802 805 1014 1232 1298
Warren County, NJ HUD Metro FMR Area $15.31 $17.13 796 891 1042 1247 1284



 

Note: The FMRs for unit sizes larger than 4 BRs are calculated by adding 15% to the 4 BR FMR for each extra bedroom. The rent for Single Room Occupancy is 75 percent of the 0 bedroom rent.

 

 

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