ZIP 07513 Fair Market Rent FY2027

Small Area Fair Market Rents for ZIP code 07513 in the Bergen-Passaic, NJ FMR area.

$1,630Efficiency
$1,8301 bedroom
$2,1002 bedrooms
$2,5503 bedrooms
$3,2204 bedrooms

Payment standard range

Unit sizeSAFMR90%110%Metro FMR
Efficiency$1,630$1,467$1,793$1,772
1 bedroom$1,830$1,647$2,013$1,987
2 bedrooms$2,100$1,890$2,310$2,282
3 bedrooms$2,550$2,295$2,805$2,771
4 bedrooms$3,220$2,898$3,542$3,497

Housing authorities may set voucher payment standards from 90% to 110% of the FMR that applies to them.

Income in ZIP 07513

$34,744average adjusted gross income per tax return (2022)
$30,825average salaries and wages per return
6,590tax returns filed
73%of average income for a 2-bedroom SAFMR
Adjusted gross incomeShare of returns
$1 to $25,00042.9%
$25,000 to $50,00035.7%
$50,000 to $75,00013.8%
$75,000 to $100,0004.9%
$100,000 to $200,0002.7%
$200,000 or more0.0%

IRS Statistics of Income, individual income tax returns by ZIP code, tax year 2022. 30.7% of returns claimed the Earned Income Tax Credit.

Questions and answers

What is the Small Area Fair Market Rent for ZIP code 07513?

HUD's FY2027 Small Area FMRs for ZIP 07513 (Bergen-Passaic, NJ) are $1,630 efficiency, $1,830 one bedroom, $2,100 two bedrooms, $2,550 three and $3,220 four bedrooms.

What payment standard can a housing authority set in ZIP 07513?

Public housing agencies may set voucher payment standards between 90% and 110% of the Small Area FMR – for a two-bedroom unit $1,890 to $2,310.

How affordable is rent in ZIP 07513?

Tax returns filed from ZIP 07513 reported an average adjusted gross income of $34,744 (2022). A two-bedroom unit at the Small Area FMR costs $25,200 a year, or 73% of that income.