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Rent in Picatinny Arsenal, NJ

A 2-bedroom in Picatinny Arsenal, NJ (ZIP 07806) typically rents for about $2,233 a month, with a range of $2,233. There are no ZIP-level rent figures here, so these use the HUD Fair Market Rent for Morris County. Owner-occupied homes in Morris County pay about 1.72% of their value a year in property tax, and the 30-year fixed mortgage rate averaged 7.32% in the week of Oct 22, 2026.

Rent by bedrooms

Typical monthly rent in Picatinny Arsenal, NJ by bedrooms
SizeTypicalRange across ZIPsZIPs
Studio$1,637$1,6371
1 bed$1,850$1,8501
2 beds$2,233$2,2331
3 beds$2,785$2,7851
4 beds$3,188$3,1881

Typical = median of each ZIP's best guess. Gross rent (rent plus tenant-paid utilities). Sources: HUD county Fair Market Rents (Oct 1, 2026).

Picatinny Arsenal ZIP codes

2 beds

Frequently asked questions

What is the average rent for a 2-bedroom in Picatinny Arsenal, NJ?
About $2,233 a month: the median of the typical rents in 1 ZIP code, which range from $2,233. Figures are gross rent (rent plus tenant-paid utilities).
What is the average rent for a 1-bedroom in Picatinny Arsenal, NJ?
About $1,850 a month: the median of the typical rents in 1 ZIP code, which range from $1,850. Figures are gross rent (rent plus tenant-paid utilities).
What is the average rent for a 3-bedroom in Picatinny Arsenal, NJ?
About $2,785 a month: the median of the typical rents in 1 ZIP code, which range from $2,785. Figures are gross rent (rent plus tenant-paid utilities).
What is the average rent for a studio in Picatinny Arsenal, NJ?
About $1,637 a month: the median of the typical rents in 1 ZIP code, which range from $1,637. Figures are gross rent (rent plus tenant-paid utilities).
What is the average rent for a 4-bedroom in Picatinny Arsenal, NJ?
About $3,188 a month: the median of the typical rents in 1 ZIP code, which range from $3,188. Figures are gross rent (rent plus tenant-paid utilities).
What is the property tax rate in Picatinny Arsenal, NJ?
Owner-occupied homes in Morris County pay a typical 1.72% of their value a year (Census ACS, median taxes paid ÷ median home value, Dec 31, 2024). Investors often pay more after a purchase: the home is reassessed at the sale price and there is no homestead exemption.
What is the current 30-year mortgage rate?
The 30-year fixed rate averaged 7.32% in the week of Oct 22, 2026 (Freddie Mac PMMS via FRED). It's a national average for owner-occupied loans; investment property loans usually cost more.
Where do these Picatinny Arsenal rent figures come from?
HUD county Fair Market Rents (Oct 1, 2026).