About This Property
This two-bedroom unit at 1503 Sewall Avenue in Asbury Park was placed in service in 2012 and is part of a two-unit affordable housing property in Monmouth County, New Jersey. The building provides housing options for qualified residents seeking affordable rentals in the area. Unit #332 is available through the affordable housing program.
Waitlist Information
Waitlist managed by Asbury Park Housing Authority
The Asbury Park Housing Authority is not currently accepting applications for Public Housing.
The Asbury Park Housing Authority is not currently accepting applications for the Housing Choice Voucher Program.
Waitlist data provided by section8waitlist.org
Updated April 18, 2026
Property Details
Fair Market Rent - Monmouth 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 | $1,385 |
| 1 Bedroom | $1,546 |
| 2 Bedroom | $1,916 |
| 3 Bedroom | $2,604 |
| 4 Bedroom | $2,904 |
Income Limits - Monmouth County, NJ
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $22,900
- Very Low (50%)
- $38,150
- Low (80%)
- $55,950
- Extremely Low (30%)
- $26,150
- Very Low (50%)
- $43,600
- Low (80%)
- $63,950
- Extremely Low (30%)
- $29,400
- Very Low (50%)
- $49,050
- Low (80%)
- $71,950
- Extremely Low (30%)
- $32,650
- Very Low (50%)
- $54,450
- Low (80%)
- $79,900
- Extremely Low (30%)
- $35,300
- Very Low (50%)
- $58,850
- Low (80%)
- $86,300
- Extremely Low (30%)
- $37,900
- Very Low (50%)
- $63,200
- Low (80%)
- $92,700
- Extremely Low (30%)
- $40,500
- Very Low (50%)
- $67,550
- Low (80%)
- $99,100
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $71,900
- Low (80%)
- $105,500
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $22,900 | $38,150 | $55,950 |
| 2 Persons | $26,150 | $43,600 | $63,950 |
| 3 Persons | $29,400 | $49,050 | $71,950 |
| 4 Persons | $32,650 | $54,450 | $79,900 |
| 5 Persons | $35,300 | $58,850 | $86,300 |
| 6 Persons | $37,900 | $63,200 | $92,700 |
| 7 Persons | $40,500 | $67,550 | $99,100 |
| 8 Persons | $44,660 | $71,900 | $105,500 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Asbury Park, NJ?+
The Fair Market Rent (FMR) for Monmouth County, NJ is: $1385 (Studio), $1546 (1BR), $1916 (2BR), $2604 (3BR), $2904 (4BR). Actual rent at subsidized properties like 1503 Sewall Avenue #332 is typically 30% of household income or less.
What are the income limits for affordable housing in Monmouth County, NJ?+
For a 4-person household in Monmouth County, NJ, the income limits are: Extremely Low Income (30% AMI): $32,650, Very Low Income (50% AMI): $54,450, Low Income (80% AMI): $79,900. These limits are set by HUD and updated annually.
How do I apply for housing at 1503 Sewall Avenue #332?+
1503 Sewall Avenue #332 is a Low-Income Housing Tax Credit (LIHTC) property. To apply, you can start by calling , 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.
Is there a waitlist for 1503 Sewall Avenue #332?+
Public Housing waitlist is currently Closed. 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.
Who manages 1503 Sewall Avenue #332?+
1503 Sewall Avenue #332 is managed by . You can reach them at .
Walk Score
Very Walkable
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
More Affordable Housing Near 1503 Sewall Avenue #332
1503 1/2 Sewall Avenue #278
Asbury Park, NJ
2 Units405 Ridge Avenue
Asbury Park, NJ
2 UnitsWest Lake Senior Apartments #702
Neptune, NJ
42 Units1503 1 2 Sewall Avenue #278
Asbury Park, NJ
2 Units1503 1/2 Sewall Avenue
Asbury Park, NJ
2 UnitsMattison Arms
Asbury Park, NJ
5 Units