About This Property
Chestnut Homes offers 76 residential units in Passaic, NJ, with 75 designated as low-income housing. The property has been in service since 2014 and provides affordable rental options in Passaic County. Prospective tenants can contact the management office for leasing information and unit availability.
Waitlist Information
Waitlist managed by Housing Authority of the City of Passaic
When specific waiting lists like Alfred Speer Village were open, preferences included Passaic Resident Veterans.
Preferences include Passaic Resident Veterans.
Waitlist data provided by section8waitlist.org
Updated April 17, 2026
Property Details
Fair Market Rent - Passaic 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 | $1,400 |
| 1 Bedroom | $1,645 |
| 2 Bedroom | $1,892 |
| 3 Bedroom | $2,342 |
| 4 Bedroom | $2,946 |
Income Limits - Passaic County, NJ
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $23,000
- Very Low (50%)
- $38,300
- Low (80%)
- $57,700
- Extremely Low (30%)
- $26,250
- Very Low (50%)
- $43,800
- Low (80%)
- $65,950
- Extremely Low (30%)
- $29,550
- Very Low (50%)
- $49,250
- Low (80%)
- $74,200
- Extremely Low (30%)
- $32,800
- Very Low (50%)
- $54,700
- Low (80%)
- $82,400
- Extremely Low (30%)
- $35,450
- Very Low (50%)
- $59,100
- Low (80%)
- $89,000
- Extremely Low (30%)
- $38,050
- Very Low (50%)
- $63,500
- Low (80%)
- $95,600
- Extremely Low (30%)
- $40,700
- Very Low (50%)
- $67,850
- Low (80%)
- $102,200
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $72,250
- Low (80%)
- $108,800
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $23,000 | $38,300 | $57,700 |
| 2 Persons | $26,250 | $43,800 | $65,950 |
| 3 Persons | $29,550 | $49,250 | $74,200 |
| 4 Persons | $32,800 | $54,700 | $82,400 |
| 5 Persons | $35,450 | $59,100 | $89,000 |
| 6 Persons | $38,050 | $63,500 | $95,600 |
| 7 Persons | $40,700 | $67,850 | $102,200 |
| 8 Persons | $44,660 | $72,250 | $108,800 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Passaic, NJ?+
The Fair Market Rent (FMR) for Passaic County, NJ is: $1400 (Studio), $1645 (1BR), $1892 (2BR), $2342 (3BR), $2946 (4BR). Actual rent at subsidized properties like Chestnut Homes is typically 30% of household income or less.
What are the income limits for affordable housing in Passaic County, NJ?+
For a 4-person household in Passaic County, NJ, the income limits are: Extremely Low Income (30% AMI): $32,800, Very Low Income (50% AMI): $54,700, Low Income (80% AMI): $82,400. These limits are set by HUD and updated annually.
Is there a waitlist for Chestnut Homes?+
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.
How do I apply for housing at Chestnut Homes?+
Chestnut Homes 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.
Who manages Chestnut Homes?+
Chestnut Homes is managed by . You can reach them at . Visit their website for more information.
Contact Information
Walk Score
Very Walkable
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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