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ASPEN STRATFORD A

2-18 STRATFORD PLACE

NEWARK , NJ 7108

☑ Section 8 accepted | Add to favorites | Making a rental inquiry

Total apartment units: 75

Assisted housing category: Subsidized - Previously Insured

Owner organization name: Oak Towers Urban Renewal Entity, LLC

Management agent organization name: Community Realty Management

Management agent main phone number: 609-646-8861

Management agent email address: msimmons@communityrealtymanagement.com

Hud Administered ind: N

Contract doc type: HAP

Program type: Sec 8 SR

Rent to FMR ratio: 70.08752329

Rent to FMR description: Below 80% FMR

Total 1bedroom units: 14

Total 2bedroom units: 47

Total 3bedroom units: 14

1bedroom: $1,218.00 per month

2bedrooms: $1,483.00 per month

3bedrooms: $1,891.00 per month

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2024 Fair Market Rents in Newark, NJ 7108 with Section 8 Assistance

In 2024, Fair Market Rents (FMRs) in Newark, NJ 7108 offer diverse housing options, including those relevant to Section 8 assistance:

Efficiency: $1,134 (low) to $1,386 (high) per month
One-Bedrooms: $1,305 (low) to $1,595 (high) per month
Two-Bedrooms: $1,575 (low) to $1,925 (high) per month
Three-Bedrooms: $1,989 (low) to $2,431 (high) per month
Four-Bedrooms: $2,304 (low) to $2,816 (high) per month

These FMRs offer choices for various budgets and Section 8 housing requirements in the Newark, NJ 7108 providing valuable resources for both tenants and landlords.

The prices mentioned include utilities; however, if the property owner doesn't cover utilities, the rent may be lower. Additionally, keep in mind that each housing authority sets its own price limits, so it's advisable to reach out to the housing authority to inquire about the allowable rental rates.

To apply for Section 8 housing, you can check your income against the Newark, NJ HUD Metro FMR Area Housing Choice voucher income limit to determine your eligibility.

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