Samuel Kronman Apartments

242 S 6th Ave, Highland Park, NJ 08904

Waiting List Forecast: Likely Short or None

check_circleVerified for 2023 by Connor Bailey
Rent Beds Baths SqFt
Call for Rents Floorplan Info Upon Request - -
check_circle  Senior (62+)
check_circle  Project-Based Rental Assistance
check_circle  Affordable

Waitlist Forecast

Since this property is a LIHTC property that might not have a project based rental assistance contract, it is likely that it either has no waiting list or the waiting list is shorter than properties with rental assistance. You should contact the property to verify.

Note: Affordable Housing Online has not confirmed the waiting list status directly with the property. This waiting list status forecast is based on our housing experts' knowledge of similar properties. You should always confirm this status directly with the property.

The Samuel Kronman Apartments are an affordable community. This community is for residents 62 years and older.

Dave's Thoughts On Samuel Kronman Apartments

This LIHTC property is among the most common types of affordable rental housing in the United States. The LIHTC program only provides subsidies to the building’s owner at construction. No subsidies are provided directly to the residents, but the owner must set rents affordable to low-income renters in the area. Our data suggests Samuel Kronman Apartments does not participate in any project-based rent subsidy program. This means you must earn enough to pay the full rent or have your own Section 8 Housing Choice Voucher. For that reason, LIHTC properties tend to have shorter waiting lists or even none at all. LIHTC properties nationwide are required to accept housing vouchers. LIHTC properties were first built in the late 1980's. Because they tend to be newer, these properties are more likely to have larger units, more amenities, and greater tenant service offerings than other affordable housing programs. This property might be right for you if you have a housing voucher or enough income to pay rent, are looking for a high quality property, or need immediate availability. Since this property participates in the LIHTC program, the property is required to accept Section 8 Housing Choice Vouchers.

Dave, Founder AHO

~ Dave Layfield, Founder of Affordable Housing Online

Income Qualification for Samuel Kronman Apartments

*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.
AMI* 1 person 2 people 3 people 4 people 5 people 6 people 7 people 8 people
30% AMI for PBRA Units $30,000 / year $34,300 / year $38,600 / year $42,850 / year $46,300 / year $49,750 / year $53,150 / year $56,600 / year
50% AMI for LIHTC Units $50,050 / year $57,200 / year $64,350 / year $71,450 / year $77,200 / year $82,900 / year $88,600 / year $94,350 / year
50% AMI for PBRA Units $50,050 / year $57,200 / year $64,350 / year $71,450 / year $77,200 / year $82,900 / year $88,600 / year $94,350 / year
60% AMI for LIHTC Units $60,060 / year $68,640 / year $77,220 / year $85,740 / year $92,640 / year $99,480 / year $106,320 / year $113,220 / year
80% AMI for PBRA Units $66,750 / year $76,250 / year $85,800 / year $95,300 / year $102,950 / year $110,550 / year $118,200 / year $125,800 / year

*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.

FAQs for Samuel Kronman Apartments

Does Samuel Kronman Apartments have a waiting list?

Samuel Kronman Apartments probably doesn't have a waiting list, and, if it does, the wait times are most likely short. We haven't confirmed if this is the case, so you should contact the property to confirm.

Are rents subsidized at Samuel Kronman Apartments?

We believe rents are most likely NOT subsidized at any of the units at this property since our research has not discovered any public housing or rental assistance contracts associated with this property. This means you will most likely have to pay the full rent no matter your income. Note: In some rare instances, some properties may have a small number of units subsidized through state or private programs.

In addition to Samuel Kronman Apartments, how many other affordable housing properties (and units) are there in Highland Park?

In addition to Samuel Kronman Apartments, we list 6 other affordable properties in Highland Park. Learn about these properties here. Our data research shows that there are a total of 111 affordable units in Highland Park.

When was the Samuel Kronman Apartments listing last updated?

Samuel Kronman Apartments listing on Affordable Housing Online was last updated on 10/10/2023 by Connor Bailey. Remember, a property's status can change so you should contact the property to confirm.

Listings Near Samuel Kronman Apartments

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bed 1-2
switch_access_shortcut Short Wait
real_estate_agent Accepts Vouchers
payment Income Based
accessibility Accessible

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bed 2
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29 S Adelaide Ave

29 S Adelaide Ave, Highland Park, New Jersey 08904

bed 1-2
payment $1575-1875/mo.

114 Woodbridge Ave

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bed 1
payment $1575/mo.

423 Cedar Ave Unit 3

423 Cedar Ave Unit 3, Highland Park, New Jersey 08904

bed 1
payment $1800/mo.

423 Cedar Ave Unit 2

423 Cedar Ave Unit 2, Highland Park, New Jersey 08904

bed 3
payment $2400/mo.
Rent observations may change. We encourage users to verify rents and eligiblity requirements directly with the property.

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