48 Wood Ave, Manalapan, NJ 07726
Waiting List Forecast: Likely Short or None
Verified for 2023 by Colleen Carter, Ric Gresia| Rent | Beds | Baths | SqFt |
|---|---|---|---|
| Call for Rents† | Floorplan Info Upon Request | - | - |
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.
Located in a picturesque setting in desirable Manalapan, NJ, The Willows at Manalapan is a newly-constructed 80-unit affordable* apartment community. The Willows at Manalapan features one, two and three bedroom apartments with spacious floorplans, modern kitchens with premium appliances, large closets, washers & dryers in-unit, central air, energy efficient appliances and private balconies on select units. The community features on-site management, a community lounge, playground and off-street parking. The Willows at Manalapan is convenient to shopping, dining and The NJ Turnpike. *Affordable housing, low-to-moderate income restrictions apply.
Because The Willows at Manalapan participates in HUD's HOME program for rental housing and the LIHTC program, at least some of the units in this property are set aside for households earning 60% or less of the AMI and rents are capped at the local FMR and in many cases much lower. Depending on the number of HOME-designated units, additional units may have even lower household income requirements and corresponding lower rent caps.
~ Dave Layfield, Founder of Affordable Housing Online
| AMI* | 1 person | 2 people | 3 people | 4 people | 5 people | 6 people | 7 people | 8 people |
|---|---|---|---|---|---|---|---|---|
| 50% AMI for LIHTC Units | $45,150 / year | $51,600 / year | $58,050 / year | $64,500 / year | $69,700 / year | $74,850 / year | $80,000 / year | $85,150 / year |
| 50% AMI for PBRA Units | $45,150 / year | $51,600 / year | $58,050 / year | $64,500 / year | $69,700 / year | $74,850 / year | $80,000 / year | $85,150 / year |
| 60% AMI for LIHTC Units | $54,180 / year | $61,920 / year | $69,660 / year | $77,400 / year | $83,640 / year | $89,820 / year | $96,000 / year | $102,180 / year |
*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.
Does The Willows at Manalapan have a waiting list?
The Willows at Manalapan 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 The Willows at Manalapan?
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.
What property management company manges The Willows at Manalapan?
The Willows at Manalapan is managed by Ingerman Property Management headquartered in Collingswood, New Jersey.
In addition to The Willows at Manalapan, how many other affordable housing properties (and units) are there in Manalapan?
In addition to The Willows at Manalapan, we list 3 other affordable properties in Manalapan. Learn about these properties here. Our data research shows that there are a total of 128 affordable units in Manalapan.
When was the The Willows at Manalapan listing last updated?
The Willows at Manalapan listing on Affordable Housing Online was last updated on 01/02/2023 by Affordable Housing Online research staff. Remember, a property's status can change so you should contact the property to confirm.
Report unemployment income to your housing agency.
All employment income is required to be reported for federal housing assistance - including unemployment income.Irina Petrova says:
"I recommend for everyone who needs information about Section 8 or Public Housing to use Affordable Housing Online."