Penns Grove Gardens

1 Helms Cove Lane, Penns Grove, New Jersey 08069

Located in Penns Grove, New Jersey, Penns Grove is an apartment community offering one, two, and three bedroom apartments for rent. Professionally managed by Housing Management Resources, Inc., Penns Grove offers residents such amenities as after school programs and a learning lab with computers, where residents can surf the internet in a safe environment, kitchens equipped with energy efficient appliances, included utilities, off street parking, community laundry facilities, a community room, and 24 hour emergency maintenance service.

“Our “Working Family Preference” means that a family with at least 1 working member (or if the head, co-head, or sole member is age 62 or older, or is a disabled person) will be given preference over all other nonworking applicants.”

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Units

Unit (Bd/Ba) Ft2 Rent
One Bedroom (1/1) - Call for Price
Two Bedroom (2/1) - Call for Price
Three Bedroom (3/1) - Call for Price

Penns Grove Gardens Details

  • 144 one, two and three bedroom units.
  • Townhouse
  • Section 8 Project-Based Rental Assistance
  • Low-Income Housing Tax Credit (LIHTC)

Property Amenities

  • Playground
  • Computer Lab
  • Energy Star Appliances
  • Community Room
  • Off Street Parking
  • Snow Removal
  • Lawn Care
  • Laundry Facilities
  • 24 Hour Maintenance

Unit Amenities

  • Ceiling Fan(s)
  • Cable Ready
  • Utilities Included
  • Cable & Internet Ready
  • Custom Blinds
  • Wall-to-Wall Carpeting

Nearby Amenities

  • Close to Public Transportation
  • Near Library
  • Near Park
  • Near Schools

Section 8 Project-Based Rental Assistance

Since this property has a Project-Based Section 8 contract with HUD, some or all of the rents at this community are based on tenant incomes. Tenants leasing units participating in the Section 8 Project-Based Rental Assistance program typically contribute less than 30% of their adjusted income towards rental costs.

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.

Penns Grove 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 Penns Grove but actual income limits may differ for units at Penns Grove Gardens.

AMI Band 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% $22,150 $25,300 $28,450 $31,600 $34,150 $37,190 $41,910 $46,630
50% $36,900 $42,200 $47,450 $52,700 $56,950 $61,150 $65,350 $69,600
80% $59,050 $67,450 $75,900 $84,300 $91,050 $97,800 $104,550 $111,300

Penns Grove 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 Penns Grove but actual income limits may differ for units at Penns Grove Gardens.

AMI Band 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
Very Low Income (50%) $36,900 $42,200 $47,450 $52,700 $56,950 $61,150 $65,350 $69,600
Low Income (60%) $44,280 $50,640 $56,940 $63,240 $68,340 $73,380 $78,420 $83,520

Penns Grove Gardens is managed by Housing Management Resources.

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Image of Penns Grove Gardens
Image of Penns Grove Gardens
Image of Penns Grove Gardens