Low Income (LIHTC)Waitlist Closed

Midtown Senior Apts. #724

1512 Monroe Ave, Neptune, NJ, 7753

Information verified May 29, 2026·We re-check waiting list status daily

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About This Property

Midtown Senior Apts. #724 offers 40 units in Neptune, NJ within Monmouth County. The property was placed in service in 2012 and provides housing options for seniors. This affordable housing community is available for interested residents.

Waitlist Information

Waitlist managed by Neptune Housing Authority

Public Housing Waitlist

Closed

Apply: Online

Applications for 1-Bedroom/Senior Apartments were selected through a random lottery process. Preferences were for elderly (62 or older) or disabled single or two-member households.

Last verified February 18, 2026

Section 8 (HCV) Waitlist

Closed

Closed June 15, 2025

Apply: Multiple

This Section 8 elderly property waitlist was open until June 15, 2025, for applicants 62 years of age and older with efficiency and one-bedroom units.

Last verified March 12, 2026

Waitlist data provided by section8waitlist.org

Updated May 29, 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 / 40

Designations

Qualified Census Tract

Frequently Asked Questions

What is the average rent for affordable housing in Neptune, 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 Midtown Senior Apts. #724 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 Midtown Senior Apts. #724?+

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 Midtown Senior Apts. #724?+

Midtown Senior Apts. #724 is managed by . You can reach them at .

How do I apply for housing at Midtown Senior Apts. #724?+

Midtown Senior Apts. #724 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