400 Stacey Drive, Ocean, NJ 07712
Waiting List Forecast: Likely Short or None
Verified for 2018 by Connor Bailey, Cheryl Lessing, Joshua Cappell| Rent | Beds | Baths | SqFt |
|---|---|---|---|
| $1,287 per Month† | 1 Bed | 1 Bath | 700 Sq Ft |
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.
Heritage Village at Ocean is a 55+ Adult Community located in beautiful Ocean Township, Monmouth County. Nestled in a secluded, tranquil, preserved wooded setting with acres of mature trees and the beautiful sounds of nature, these spacious 1 bedroom /1 bath apartment homes feature bright airy living rooms and bedrooms. The apartments have nicely appointed new carpet, fresh paint and window coverings.
It doesn't stop there; all apartments have central air and gas heat, as well as a LARGE walk in closet, washer/dryer and full size appliances. This community also features common areas that are both spacious and relaxing. In the summer, you can sit by the pool, play tennis or just relax. In the winter, you can grab a book from their library in the club house and spend the day reading next to the fire place or come and play Bingo with your neighbors any season.
Because Heritage Village at Ocean 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
| Unit (Bd/Ba) | Ft2 | Rent |
|---|---|---|
| One Bedroom (1/1) | 700ft2 | $1,287† |
| 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 Heritage Village at Ocean have a waiting list?
Heritage Village at Ocean 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 Heritage Village at Ocean?
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 Heritage Village at Ocean?
Heritage Village at Ocean is managed by Community Investment Strategies, Inc. headquartered in Lawrenceville, New Jersey.
In addition to Heritage Village at Ocean, how many other affordable housing properties (and units) are there in Ocean?
In addition to Heritage Village at Ocean, we list 3 other affordable properties in Ocean. Learn about these properties here. Our data research shows that there are a total of 327 affordable units in Ocean.
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