Low Income (LIHTC)Waitlist Closed

1503 Sewall Avenue #332

1503 Sewall Ave, Asbury Park, NJ, 7712

Information verified May 9, 2026·We re-check waiting list status daily

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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

Public Housing Waitlist

Closed

Apply: Multiple

The Public Housing waiting list is currently not accepting applications. This program provides safe, decent, and affordable rental housing for eligible low-income families, the elderly, and persons with disabilities.

Last verified February 24, 2026

Section 8 (HCV) Waitlist

Closed

Apply: Multiple

The Housing Choice Voucher program is currently not accepting applications. Eligibility is generally for very low-income families, the elderly, and the disabled, with income limits applying; 75% of vouchers are reserved for those below 30% of the area median income. The last opening for Section 8 was from August 22, 2022, until August 23, 2022, with applications accepted online and 500 applicants placed by random lottery.

Last verified February 26, 2026

Waitlist data provided by section8waitlist.org

Updated May 8, 2026

Property Details

Total Units

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.

1 Person

Extremely Low (30%): $22,900
Very Low (50%): $38,150
Low (80%): $55,950

2 Persons

Extremely Low (30%): $26,150
Very Low (50%): $43,600
Low (80%): $63,950

3 Persons

Extremely Low (30%): $29,400
Very Low (50%): $49,050
Low (80%): $71,950

4 Persons

Extremely Low (30%): $32,650
Very Low (50%): $54,450
Low (80%): $79,900

5 Persons

Extremely Low (30%): $35,300
Very Low (50%): $58,850
Low (80%): $86,300

6 Persons

Extremely Low (30%): $37,900
Very Low (50%): $63,200
Low (80%): $92,700

7 Persons

Extremely Low (30%): $40,500
Very Low (50%): $67,550
Low (80%): $99,100

8 Persons

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

Year Placed in Service

2012

LIHTC Credit Type

Low-Income Units

0 / 2

Designations

Qualified Census Tract

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.

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 .

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.

Begin Application Now