About This Property
Weequahic Park Apts V offers 49 low-income units in Newark, New Jersey, with a mix of one-, two-, and three-bedroom floor plans. The property opened in 2012 and contains 38 one-bedroom, 6 two-bedroom, and 5 three-bedroom apartments. The development is situated in Essex County.
Waitlist Information
Waitlist managed by Newark Housing Authority
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.
The Housing Choice Voucher Program waiting list is currently closed. No new applications are being accepted at this time.
Waitlist data provided by section8waitlist.org
Updated April 17, 2026
Property Details
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.
| Bedrooms | FMR |
|---|---|
| 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.
- Extremely Low (30%)
- $22,550
- Very Low (50%)
- $37,600
- Low (80%)
- $55,950
- Extremely Low (30%)
- $25,800
- Very Low (50%)
- $43,000
- Low (80%)
- $63,950
- Extremely Low (30%)
- $29,000
- Very Low (50%)
- $48,350
- Low (80%)
- $71,950
- Extremely Low (30%)
- $32,200
- Very Low (50%)
- $53,700
- Low (80%)
- $79,900
- Extremely Low (30%)
- $34,800
- Very Low (50%)
- $58,000
- Low (80%)
- $86,300
- Extremely Low (30%)
- $37,400
- Very Low (50%)
- $62,300
- Low (80%)
- $92,700
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $66,600
- Low (80%)
- $99,100
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $70,900
- Low (80%)
- $105,500
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $22,550 | $37,600 | $55,950 |
| 2 Persons | $25,800 | $43,000 | $63,950 |
| 3 Persons | $29,000 | $48,350 | $71,950 |
| 4 Persons | $32,200 | $53,700 | $79,900 |
| 5 Persons | $34,800 | $58,000 | $86,300 |
| 6 Persons | $37,400 | $62,300 | $92,700 |
| 7 Persons | $40,120 | $66,600 | $99,100 |
| 8 Persons | $44,660 | $70,900 | $105,500 |
Tax Credit Program Details
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 Weequahic Park Apts V is typically 30% of household income or less.
What size apartments are available at Weequahic Park Apts V?+
Weequahic Park Apts V offers the following unit types: 38 One-Bedroom, 6 Two-Bedroom, 5 Three-Bedroom units, for a total of 49 units.
What is the price range for apartments in Newark, NJ?+
Based on Fair Market Rent for Essex County, the estimated price range is: 1-bedroom: $1590, 2-bedroom: $1916, 3-bedroom: $2424. Actual rent at Weequahic Park Apts V may be lower for income-eligible households.
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 Weequahic Park Apts V?+
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 Weequahic Park Apts V?+
Weequahic Park Apts V 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 Weequahic Park Apts V?+
Weequahic Park Apts V is managed by . You can reach them at . Visit their website for more information.
Contact Information
Walk Score
Somewhat Walkable
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
More Affordable Housing Near Weequahic Park Apts V
Weequahic Park Apts. Iv #420
Newark, NJ
71 UnitsVilla Esperanza #678
Newark, NJ
44 UnitsWeequahic Park Apartments Vi
Newark, NJ
53 UnitsHuntington-Schuyler Estates
Newark, NJ
41 UnitsZion Tower
Newark, NJ
268 UnitsWeequahic Park Apts V #476
Newark, NJ
48 Units