FY2027 Small Area FMR · Northvale, NJ

ZIP 07647 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 07647 (Northvale, NJ) is $2,470 a month, down 1.2% from FY2026. That is 8% above the Bergen-Passaic, NJ area-wide FMR of $2,282.

2-bedroom SAFMR$2,470per month ▼ 1.2%

Area-wide 2 BR FMR$2,282Bergen-Passaic, NJ

Rank in the area48thof 114 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$2,223

2 BR Small Area FMR$2,470

110% of SAFMR$2,717

Housing agencies may set voucher payment standards anywhere from 90% to 110% of the FMR without asking HUD.

Studio$1,920▲ 0.5%

1 BR$2,150▼ 1.4%

2 BR$2,470▼ 1.2%

3 BR$3,000▼ 1.6%

4 BR$3,780▼ 2.8%

FY2027 FY2026

Where 07647 sits in the Bergen-Passaic, NJ area

Of the 114 ZIP codes HUD lists for the area, 07647 has the 48th highest two-bedroom Small Area FMR. Bergen-Passaic, NJ is one of the 65 metro areas where HUD requires Small Area FMRs for the Housing Choice Voucher program (designated 2016), so local housing agencies must set payment standards from this ZIP code's figure, normally between $2,223 and $2,717 for two bedrooms.

All unit sizes

Monthly gross rent including utilities
Unit	FY2027 SAFMR	Payment standard range	Area-wide FMR	FY2026 SAFMR
Studio	$1,920	$1,728 – $2,112	$1,772	$1,910
1 bedroom	$2,150	$1,935 – $2,365	$1,987	$2,180
2 bedrooms	$2,470	$2,223 – $2,717	$2,282	$2,500
3 bedrooms	$3,000	$2,700 – $3,300	$2,771	$3,050
4 bedrooms	$3,780	$3,402 – $4,158	$3,497	$3,890

A household renting a two-bedroom home at the Small Area FMR of $2,470 needs about $98,800 a year to keep housing costs at 30% of income. The area median family income is $139,100 and the 80% low-income limit for four people is $108,400. ZIP code 07647 lies mainly in Bergen County. See the Bergen-Passaic, NJ metro page for the full income limits table and the household check.

Nearby ZIP codes

ZIP	Place	Distance	2 BR SAFMR
10976	Sparkill	1.2 mi	$2,970
07648	Norwood	1.3 mi	$2,860
10964	Palisades	1.5 mi	$2,880
10983	Tappan	1.5 mi	$3,520
10968	Piermont	2.2 mi	$3,120
07640	Harrington Park	2.3 mi	$3,150

Questions

What is the Fair Market Rent for ZIP code 07647?

HUD's FY2027 Small Area Fair Market Rents for 07647 are $1,920 (studio), $2,150 (1 BR), $2,470 (2 BR), $3,000 (3 BR) and $3,780 (4 BR) a month.

What is the Section 8 payment standard in 07647?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 07647 that range is $2,223 to $2,717 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 07647?

The FY2026 income limits of the Bergen-Passaic, NJ area apply: median family income $139,100, low-income (80%) limit $108,400 for a family of four.