Affordable Housing Hub
Low Income (LIHTC)Waitlist Open

New Hope Village

195 W Market St, Newark, NJ, 7103

Information verified April 18, 2026ยทWe re-check waiting list status daily

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About This Property

New Hope Village comprises 169 low-income housing units in Newark, NJ. The property serves residents in Essex County and is managed for affordable housing purposes. Units at this community are designated for low-income occupancy.

Waitlist Information

Waitlist managed by Newark Housing Authority

Public Housing Waitlist
Open
Apply: Online

Applications are currently being accepted for all open low-income public housing waiting lists. Selection is based on date and time stamp of application, lottery position, selection preferences, development choice(s) and apartment size. The NHA may close the waiting list if it has enough applicants to fill projected vacancies for the next 24 months.

Last verified March 26, 2026
Section 8 (HCV) Waitlist
Closed

The Housing Choice Voucher Program waiting list is currently closed. No new applications are being accepted at this time.

Last verified February 17, 2026

Waitlist data provided by section8waitlist.org

Updated April 17, 2026

Property Details

Total Units
169

HUD Inspection Score

91
Excellent
Inspected December 2018

HUD inspects properties on a 0-100 scale. Scores above 60 are considered passing.

Fair Market Rent - Essex County, NJ

FMR represents the estimated amount needed to cover rent and utilities for a moderately-priced unit in this area.

BedroomsFMR
Studio/Efficiency$1,379
1 Bedroom$1,590
2 Bedroom$1,916
3 Bedroom$2,424
4 Bedroom$2,800

Income Limits - Essex County, NJ

Annual income limits by household size used to determine eligibility for affordable housing programs.

1 Person
Extremely Low (30%)
$22,550
Very Low (50%)
$37,600
Low (80%)
$55,950
2 Persons
Extremely Low (30%)
$25,800
Very Low (50%)
$43,000
Low (80%)
$63,950
3 Persons
Extremely Low (30%)
$29,000
Very Low (50%)
$48,350
Low (80%)
$71,950
4 Persons
Extremely Low (30%)
$32,200
Very Low (50%)
$53,700
Low (80%)
$79,900
5 Persons
Extremely Low (30%)
$34,800
Very Low (50%)
$58,000
Low (80%)
$86,300
6 Persons
Extremely Low (30%)
$37,400
Very Low (50%)
$62,300
Low (80%)
$92,700
7 Persons
Extremely Low (30%)
$40,120
Very Low (50%)
$66,600
Low (80%)
$99,100
8 Persons
Extremely Low (30%)
$44,660
Very Low (50%)
$70,900
Low (80%)
$105,500

Tax Credit Program Details

Year Placed in Service
9999
Low-Income Units
169 / 169

Frequently Asked Questions

What is the average rent for affordable housing in Newark, NJ?+

The Fair Market Rent (FMR) for Essex County, NJ is: $1379 (Studio), $1590 (1BR), $1916 (2BR), $2424 (3BR), $2800 (4BR). Actual rent at subsidized properties like New Hope Village is typically 30% of household income or less.

What are the income limits for affordable housing in Essex County, NJ?+

For a 4-person household in Essex County, NJ, the income limits are: Extremely Low Income (30% AMI): $32,200, Very Low Income (50% AMI): $53,700, Low Income (80% AMI): $79,900. These limits are set by HUD and updated annually.

Is there a waitlist for New Hope Village?+

Public Housing waitlist is currently Open. Section 8 (HCV) waitlist is currently Closed. Waitlist status can change frequently, so check back regularly or contact the housing authority directly for the most up-to-date information.

How do I apply for housing at New Hope Village?+

New Hope Village is a Low-Income Housing Tax Credit (LIHTC) property. To apply, you can start by calling , or visiting their website, or contacting the property management office. Contact the property to learn about availability and application requirements. Eligibility is based on income limits set for the area.

Who manages New Hope Village?+

New Hope Village is managed by . You can reach them at . Visit their website for more information.

What is the HUD inspection score for New Hope Village?+

New Hope Village has a HUD inspection score of 91 out of 100, which is considered excellent. HUD inspects subsidized housing properties to ensure they meet minimum health and safety standards. Scores of 60 or above are considered passing.

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Walk Score

Walker's Paradise

90
Walk
82
Transit
61
Bike

Nearby Schools

Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.

Location

Essex County, NJ

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Housing Resources in Newark, NJ

HUD-Approved Counseling Agencies

CATHOLIC CHARITIES OF THE ARCHDIOCESE OF NEWARK

Services for Homeless CounselingRental Housing Counseling

LA CASA DE DON PEDRO

Mortgage Delinquency and Default Resolution CounselingPre-Purchase CounselingPre-Purchase Homebuyer Education Workshops

NACA (NEIGHBORHOOD ASSISTANCE CORPORATION OF AMERICA) NEWARK, NJ

Mortgage Delinquency and Default Resolution CounselingPre-Purchase CounselingPre-Purchase Homebuyer Education Workshops