
About This Property
Berry Street Commons offers 94 low-income residential units in Franklin Township, Somerset County, New Jersey. The property was placed in service in 2009 and provides housing for residents meeting income eligibility requirements. Interested parties can contact the property management for additional information about availability and application procedures.
Property Details
Fair Market Rent - Somerset 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 | $1,608 |
| 1 Bedroom | $1,807 |
| 2 Bedroom | $2,276 |
| 3 Bedroom | $2,756 |
| 4 Bedroom | $3,031 |
Income Limits - Somerset County, NJ
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $25,900
- Very Low (50%)
- $43,150
- Low (80%)
- $57,250
- Extremely Low (30%)
- $29,600
- Very Low (50%)
- $49,300
- Low (80%)
- $65,400
- Extremely Low (30%)
- $33,300
- Very Low (50%)
- $55,450
- Low (80%)
- $73,600
- Extremely Low (30%)
- $36,950
- Very Low (50%)
- $61,600
- Low (80%)
- $81,750
- Extremely Low (30%)
- $39,950
- Very Low (50%)
- $66,550
- Low (80%)
- $88,300
- Extremely Low (30%)
- $42,900
- Very Low (50%)
- $71,500
- Low (80%)
- $94,850
- Extremely Low (30%)
- $45,850
- Very Low (50%)
- $76,400
- Low (80%)
- $101,400
- Extremely Low (30%)
- $48,800
- Very Low (50%)
- $81,350
- Low (80%)
- $107,950
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $25,900 | $43,150 | $57,250 |
| 2 Persons | $29,600 | $49,300 | $65,400 |
| 3 Persons | $33,300 | $55,450 | $73,600 |
| 4 Persons | $36,950 | $61,600 | $81,750 |
| 5 Persons | $39,950 | $66,550 | $88,300 |
| 6 Persons | $42,900 | $71,500 | $94,850 |
| 7 Persons | $45,850 | $76,400 | $101,400 |
| 8 Persons | $48,800 | $81,350 | $107,950 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Franklin Twp, NJ?+
The Fair Market Rent (FMR) for Somerset County, NJ is: $1608 (Studio), $1807 (1BR), $2276 (2BR), $2756 (3BR), $3031 (4BR). Actual rent at subsidized properties like Berry Street Commons is typically 30% of household income or less.
What are the income limits for affordable housing in Somerset County, NJ?+
For a 4-person household in Somerset County, NJ, the income limits are: Extremely Low Income (30% AMI): $36,950, Very Low Income (50% AMI): $61,600, Low Income (80% AMI): $81,750. These limits are set by HUD and updated annually.
Who manages Berry Street Commons?+
Berry Street Commons is managed by . You can reach them at .
How do I apply for housing at Berry Street Commons?+
Berry Street Commons 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.
Walk Score
Car-Dependent
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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