Royal Oaks Apartments

259 Pine Brook, Mantua, New Jersey 08051

Royal Oaks Apartments, located at 259 Pine Brook in Mantua, has one, two and three bedroom apartments. Royal Oaks Apartments participates in the Low-Income Housing Tax Credit (LIHTC), Section 515 Rural Rental Housing and Section 521 USDA Rental Assistance programs.

Contact Royal Oaks Apartments

Message Royal Oaks Apartments

Waiting List is Open Now

$50 Application Fee per Applicant 18+

Pick up application at Royal Oaks Apartments Office or print application online.

One and Two Bedroom Wait Length Estimate: 2 months 

Three Bedroom Wait Length Estimate: 1 month

Last updated on December 10th, 2018

Units

Unit (Bd/Ba) Ft2 Rent
One Bedroom (1/1) 680 $556
Two Bedroom (2/1) 820 $661
Three Bedroom (3/2) 1710 $755

Royal Oaks Apartments Details

  • 58 one, two and three bedroom units.
  • Project-Based Rental Assistance

Property Amenities

  • Playground
  • Community Room
  • 24hr Emergency Maintenance

Unit Amenities

  • Air Conditioning
  • Dishwasher
  • Cable Ready
  • Window Coverings
  • Carpet
  • Private Entrance

Nearby Amenities

  • Close to Dining
  • Close to Public Transportation
  • Close to Shopping
  • Near Hospital
  • Near Library
  • Near Park
  • Near Schools

Office Hours

Day Hours
Monday 9:00am-4:00pm
Tuesday 9:00am-4:00pm
Thursday 9:00am-4:00pm

About Royal Oaks Apartments

***Section 8 Welcome***  Royal Oaks, located in Mantua, Gloucester County, is an affordable apartment community, which consists of one, two, and three bedrooms totaling 58 units. Each apartment home features central air conditioning, wall-to-wall carpeting, modern kitchens with dishwashers, mini-blinds, and balconies, linen closets, pantries, walk-in closets, and your own washer and dryer. Royal Oaks is just a short drive to the NJ Turnpike and I-295 making it a convenient location to wherever you may travel.

$50 per applicant application fee

Low-Income Housing Tax Credit (LIHTC)

Since this property has received funding in part through the Low Income Housing Tax Credit (LIHTC) program, a certain number of units are set aside for lower income households. Households must earn either less than 50% or 60% of the area median income (depending on the set-aside option chosen by the property owner) to qualify for these units. Rents in these units are capped at a maximum of 30% of the set-aside area median income (adjusted for unit size). Some rental units in this property may not be subject to LIHTC and therefore have higher rents and no maximum household income requirement.

Section 515 Rural Rental Housing

This property has received funding in part through the Section 515 Rural Rental Housing (Section 515) program. Very low, low, and moderate income families, elderly persons, and persons with disabilities are eligible to live at this property. Persons or Families living in substandard housing have priority for tenancy.

Section 521 USDA Rental Assistance

The property participates in the USDA Rural Development Rental Assistance program. This rental subsidy, available only to USDA Section 514, 515 and 516 properties, ensures renters only pay 30% of their adjusted income towards rent. USDA Rural Development Rental Assistance may not be available for all units at this property.

Mantua HUD Rental Assistance Income Qualifications

Generally, households earning up to the income limit in the table below for their household size are eligible for units participating in a HUD rental assistance program in Mantua but actual income limits may differ for units at Royal Oaks Apartments.

AMI Band 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% $18,950 $21,650 $24,350 $27,050 $30,170 $34,590 $39,010 $43,430
50% $31,550 $36,050 $40,550 $45,050 $48,700 $52,300 $55,900 $59,500
80% $50,500 $57,700 $64,900 $72,100 $77,900 $83,650 $89,450 $95,200

Mantua Low-Income Housing Tax Credit Income Limits

Generally, households earning up to the income limit in the table below for their household size are eligible for units participating in the Low-Income Housing Tax Credit program in Mantua but actual income limits may differ for units at Royal Oaks Apartments.

AMI Band 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
Very Low Income (50%) $31,550 $36,050 $40,550 $45,050 $48,700 $52,300 $55,900 $59,500
Low Income (60%) $37,860 $43,260 $48,660 $54,060 $58,440 $62,760 $67,080 $71,400

These general income qualifications for Mantua, New Jersey should only be used as a basic guide. To find out if you qualify, contact the community directly.

Royal Oaks Apartments was built in part with financing obtained through the Low Income Housing Tax Credit (LIHTC) program and receives rental subsidies through HUD-Assisted Housing. These programs have different income limits that can lead to apartments in the same property having different income requirements.

You can make up to 80% of the Area Median Income (AMI) and be eligible for a HUD-Assisted Housing unit. However, you can earn at most 60% of AMI to be eligible for a LIHTC property and many units may be set aside for those with the lowest incomes (down to 15% of AMI). LIHTC properties may also contain some market rate units.

Since Royal Oaks Apartments has both programs, the most restrictive of the income limits will apply for each unit. If the entire property is funded by LIHTC, the LIHTC income limit of 60% AMI would be used for all units. Apartments in properties with some units not funded by the LIHTC, but receiving Section 8 assistance, would be open to households making up to 80% AMI. Market rate units would have no subsidies or income restrictions.

Figuring out income and rent limits for affordable housing can be complex especially when more than one federal program is involved. To know for sure if you qualify, you must contact the property directly. The amounts provided here should only be used as a basic guide.

Royal Oaks Apartments is managed by Community Investment Strategies, Inc..

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