Location: Atlantic City-Hammonton, NJ | Metro: Atlantic City-Hammonton, NJ HUD Metro FMR Area
Based on 1% Rule: A+ (≥1.5%) | A (≥1.2%) | B (≥1.0%) | C (≥0.8%) | D (≥0.6%) | F (<0.6%)
| Unit Size | Monthly FMR |
|---|---|
| Studio | $1,610 |
| 1 Bedroom | $1,830 |
| 2 Bedrooms | $2,220 |
| 3 Bedrooms | $3,010 |
| 4 Bedrooms | $3,330 |
| 5 Bedrooms | $3,863 |
| 6 Bedrooms | $4,327 |
| 7 Bedrooms | $4,673 |
| 8 Bedrooms | $4,907 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-07-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 2BR | $2,220 | $295,402 | 0.75% | D |
| 3BR | $3,010 | $401,511 | 0.75% | D |
| 4BR | $3,330 | $496,868 | 0.67% | D |
| 5BR | $3,863 | $626,298 | 0.62% | D |
U.S. Census Bureau data (2024)
The real estate landscape in Northfield, NJ (ZIP 08225), suggests a robust market for both homeowners and small-portfolio investors looking to capitalize on long-term appreciation. With a median home value of $390,332, the area reflects a stable and moderately priced housing environment. The fact that only 0.2% of listings have reduced their asking price indicates a strong seller's market where properties maintain their value and often sell at or near the listed price. This signals that landlords and investors can expect to retain significant pricing power over the next 12-24 months.
The median days on market (DOM) being listed as 'N/A' suggests that homes are selling very quickly, often before reaching the typical DOM threshold. This rapid turnover rate supports the notion of a tight market where demand outstrips supply, further reinforcing the pricing power landlords and investors hold. They can expect to see little pressure to reduce rental rates or property values due to market conditions.
On the rental side, the Federal Market Rent (FMR) for ZIP 08225 in fiscal year 2024 is set at $2,060, while the current market average based on Census ACS data is $1,835. This discrepancy points towards potential upward pressure on rental rates as the market adjusts to align with the FMR. Landlords and small-portfolio investors should be prepared to incrementally increase rents to meet the FMR without alienating tenants, given the strong underlying demand for housing in the area.
For long-hold investors, the setup in Northfield implies a realistic appreciation thesis. The combination of a stable median home value, minimal reductions in listing prices, and a rapidly turning rental market suggests a steady growth trajectory. As the area continues to attract buyers and renters, the overall property values are likely to appreciate, making it a sound investment for those looking to build equity over time.
However, it's important to note that while the current indicators point towards a favorable market, external factors such as economic shifts, changes in interest rates, or local development projects could alter the dynamics. Investors should remain vigilant and adapt strategies as necessary to ensure continued success in the Northfield real estate market.
Data Sources: FMR data from HUD (2027). Median home prices from Zillow (2026-07-31). Demographics from U.S. Census (2024).
About FMR: Fair Market Rent (FMR) is used to determine payment standards for the Section 8 Housing Choice Voucher program, initial renewal rents for some expiring project-based Section 8 contracts, and rent ceilings for HOME Investment Partnerships.