239 Central Avenue, Rahway, NJ 07065
Waiting List Forecast: Likely Short or None
Verified for 2019 by Connor Bailey, Joshua Cappell| Rent | Beds | Baths | SqFt |
|---|---|---|---|
| Call for Rents† | 1 - 3 Beds | 1 - 2 Baths | - |
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.
The Willows at Rahway is a new affordable rental community with artist housing located in the Rahway Arts District in downtown Rahway, NJ. The community consists of 1-, 2-, and 3-bedroom apartments featuring a full host of amenities including fully-equipped kitchens, washers & dryers, large closets, plank flooring, and energy efficient appliances and finishes. The community caters to artists with designated artist spaces throughout the community, as well as a fitness center and several furnished sundecks. Additionally, the community is pet friendly, offers fully-accessible rentals and has management offices on-site. Located in the heart of Rahway, this community is near the Rahway River, Arts Park, Rahway station, and is convenient to local retail, dining and entertainment.
Because The Willows at Rahway 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. For a HOME project of this size, some of the units are set aside for households at or below 50% AMI with a corresponding lower rent cap. As this property appears not to have a project-based subsidy or any other Federal assistance, you likely will have to pay your own rent, albeit, at a lower rent amount thanks to the HOME and LIHTC programs. Since this property participates in the HOME and LIHTC programs, the property is required to accept Section 8 Housing Choice Vouchers.
~ Dave Layfield, Founder of Affordable Housing Online
| Unit (Bd/Ba) | Ft2 | Rent |
|---|---|---|
| 1 Bedroom (1/1) | - | Call for Price† |
| 2 Bedroom (2/1) | - | Call for Price† |
| 3 Bedroom (3/2) | - | Call for Price† |
| 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.
Does The Willows at Rahway have a waiting list?
The Willows at Rahway 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 The Willows at Rahway?
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 The Willows at Rahway?
The Willows at Rahway is managed by Ingerman Property Management headquartered in Collingswood, New Jersey.
In addition to The Willows at Rahway, how many other affordable housing properties (and units) are there in Rahway?
In addition to The Willows at Rahway, we list 8 other affordable properties in Rahway. Learn about these properties here. Our data research shows that there are a total of 790 affordable units in Rahway.
555 East Hazelwood Avenue , Rahway, New Jersey 07065
1447 Esterbrook Ave, Rahway, New Jersey 07065
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