Oceanport Gardens

274 E Main St, Oceanport, New Jersey 07757

1-2 bedroom units located in Oceanport, NJ. 

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Units

Unit (Bd/Ba) Ft2 Rent
One Bedroom (1/1) - Call for Price
Two Bedroom (2/1) - Call for Price

Oceanport Gardens Details

  • 101 1 and 2 bedroom units.
  • Low-Income Housing Tax Credit (LIHTC)

Property Amenities

  • On-Site Parking
  • Landscaping

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.

Oceanport 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 Oceanport but actual income limits may differ for units at Oceanport Gardens.

AMI Band 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% $25,600 $29,250 $32,900 $36,550 $39,500 $42,400 $45,350 $48,250
50% $42,650 $48,750 $54,850 $60,900 $65,800 $70,650 $75,550 $80,400
80% $62,600 $71,550 $80,500 $89,400 $96,600 $103,750 $110,900 $118,050

Oceanport Gardens is managed by Related Companies.

Image of Oceanport Gardens
Image of Oceanport Gardens