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Essex Plaza I

1060 BROAD ST

NEWARK , NJ 7102

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

Total apartment units: 451

Assisted housing category: Insured-Subsidized

Owner organization name: Essex Plaza Urban Renewal Company LLC

Management agent organization name: Essex Management Company LLC

Management agent main phone number: 973-643-8588

Management agent email address: flambert@essexplazamgmt.com

Hud Administered ind: N

Contract doc type: HAP

Program type: HFDA/8 SR

Rent to FMR ratio: 96.609215

Rent to FMR description: Between 80% & 100% FMR

Total efficiency units: 238

Total 1bedroom units: 212

Efficiency: $1,034.00 per month

1bedroom: $1,218.00 per month

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2024 Fair Market Rents in NEWARK, NJ 7102 with Section 8 Assistance

In 2024, Fair Market Rents (FMRs) in NEWARK, NJ 7102 offer diverse housing options, including those relevant to Section 8 assistance:

Efficiency: $1,080 (low) to $1,320 (high) per month
One-Bedrooms: $1,242 (low) to $1,518 (high) per month
Two-Bedrooms: $1,494 (low) to $1,826 (high) per month
Three-Bedrooms: $1,890 (low) to $2,310 (high) per month
Four-Bedrooms: $2,187 (low) to $2,673 (high) per month

These FMRs offer choices for various budgets and Section 8 housing requirements in the NEWARK, NJ 7102 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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