
About This Property
Ocean Family Housing offers 100 low-income units in Ocean Township, Monmouth County. The property was placed in service in 2019 and provides affordable housing options for residents in the area.
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 |
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Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Ocean Township, 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 Ocean Family Housing 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 Ocean Family Housing?+
Ocean Family Housing 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.
Who manages Ocean Family Housing?+
Ocean Family Housing is managed by . You can reach them at .
Walk Score
Car-Dependent
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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