Marveland Crescent

1000 Marveland Crescent, Mount Olive Township, NJ 07836

Waiting List Forecast: Likely Short or None

check_circleVerified for 2023 by Connor Bailey
Rent Beds Baths SqFt
$1,225 - 1,707 per Month 1 - 3 Beds 1 - 2 Baths 1 - 967 Sq Ft

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.

Located in the Flanders section of Mt. Olive, Marveland Crescent offers beautifully appointed one (1), two (2), and three (3) bedroom apartments, spacious layouts, and ample amenities. Offering beautiful views of Flanders Golf Course and a walking path to Flanders Park, Marveland Crescent is the perfect place to call home! 

Dave's Thoughts On Marveland Crescent

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 Marveland Crescent 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. As a LIHTC property that chose the 40/60 election, this property has agreed to set aside at least 40% of its units for families and individuals earning 60% of Area Median Income (AMI). Many properties have actually set aside more units than required by law, and in many cases all of the units at these properties are affordable to renters with lower incomes. 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

Marveland Crescent Amenities

  • Community Room
  • On-Site Manager
  • 24hr Emergency Maintenance
  • On-Site Parking
  • Handicapped Accessible
  • Dishwasher
  • Energy Star Appliances
  • Spacious floor plans
  • Walking Trails
  • Central Heat & Air
  • Stove
  • Programmable Thermostats
  • Washer and Dryer Included
  • Smoke Free
  • Large Closets

Units at Marveland Crescent

Unit (Bd/Ba) Ft2 Rent
One Bedroom (1/1) 752ft2 $1,225
Two Bedroom (2/1) 967ft2 $1,477
Three Bedroom (3/2) 1ft2 $1,707

Income Qualification for Marveland Crescent

*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
50% AMI for LIHTC Units $42,650 / year $48,750 / year $54,850 / year $60,900 / year $65,800 / year $70,650 / year
50% AMI for PBRA Units $42,650 / year $48,750 / year $54,850 / year $60,900 / year $65,800 / year $70,650 / year
60% AMI for LIHTC Units $51,180 / year $58,500 / year $65,820 / year $73,080 / year $78,960 / year $84,780 / year

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

FAQs for Marveland Crescent

Does Marveland Crescent have a waiting list?

Marveland Crescent 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 Marveland Crescent?

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 Marveland Crescent?

Marveland Crescent is managed by Community Investment Strategies, Inc. headquartered in Lawrenceville, New Jersey.

In addition to Marveland Crescent, how many other affordable housing properties (and units) are there in Morris County?

In addition to Marveland Crescent, we list 51 other affordable properties in Morris County. Learn about these properties here. Our data research shows that there are a total of 3129 affordable units in Morris County.

When was the Marveland Crescent listing last updated?

Marveland Crescent listing on Affordable Housing Online was last updated on 09/28/2023 by Connor Bailey. Remember, a property's status can change so you should contact the property to confirm.

Listings Near Marveland Crescent

Rent observations may change. We encourage users to verify rents and eligiblity requirements directly with the property.