Low Income (LIHTC)Waitlist Closed

295 Shrewsbury Ave

295 Shrewsbury Ave, Red Bank, NJ, 7701

Information verified June 19, 2026·We re-check waiting list status daily

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About This Property

295 Shrewsbury Ave in Red Bank, New Jersey contains two low-income residential units and has been in service since 1992. The property receives 9% Low-Income Housing Tax Credit (LIHTC) financing. This Monmouth County property provides affordable housing options for eligible households.

Waitlist Information

Waitlist managed by Red Bank Housing Authority

Public Housing Waitlist

Closed

Apply: Mail

To know the status of a pre-application or update information, requests must be submitted in writing and mailed to the Housing Authority. Preferences include victims of domestic violence, working families (head, spouse, cohead, or sole member working at least 20 hours per week), veterans or surviving spouses of veterans, current members of the U.S. Armed Forces, involuntary displaced local residents, residents who live and work in the RBHA's jurisdiction, residents who live in the jurisdiction of the RBHA, involuntary displaced non-local residents, and non-residents who work in the RBHA's jurisdiction.

Last verified February 17, 2026

Section 8 (HCV) Waitlist

Closed

Apply: Mail

To know the status of a pre-application or update information, requests must be submitted in writing and mailed to the Housing Authority. Preferences include victims of domestic violence, veterans or surviving spouses of veterans, current members of the U.S. Armed Forces, involuntary displaced local residents, residents who live and work in the RBHA's jurisdiction, residents who live in the jurisdiction of the RBHA, involuntary displaced non-local residents, and non-residents who work in the RBHA's jurisdiction. A preference is also offered to families terminated from the HCV program due to insufficient funding.

Last verified February 17, 2026

Waitlist data provided by section8waitlist.org

Updated June 19, 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

1992

LIHTC Credit Type

Low-Income Units

2 / 2

Frequently Asked Questions

What is the average rent for affordable housing in Red Bank, 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 295 Shrewsbury Ave 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 295 Shrewsbury Ave?+

295 Shrewsbury Ave 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.

Is there a waitlist for 295 Shrewsbury Ave?+

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 295 Shrewsbury Ave?+

295 Shrewsbury Ave is managed by . You can reach them at . Visit their website for more information.

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