1 Monument Drive, Princeton, NJ 08542
Telephone: (609) 688-2029
PRINCETON’S AFFORDABLE HOUSING PROGRAM HAS INCOME-ELIGIBLE CONDOMINIUMS AVAILABLE FOR PURCHASE. GROSS HOUSEHOLD INCOME DETERMINES THE PURCHASE PRICE.
- Income eligibility and household size that is appropriate to unit availability are Program requirements
- Purchase prices are calculated at 28% of gross annual household income
- Monthly Housing costs include: mortgage, interest, homeowner’s association fees, homeowner’s insurance, sewer and PMI (if applicable)
1 Person Income range: $19,449.00 - $32,415.00
Purchase Price range: $34,800.00 - $71,200.00
Low- Two Bedroom
2 Person Income range: $22,227.00 - $37,046.00
3 Person Income range: $25,006.00 - $41,676.00
4 Person Income range: $27,784.00 - $46,307.00
Purchase Price range: $60,800.00 - $88,500.00
1 Person Income range: $32,415.00 - $51,864.00
Purchase Price range: $83,300.00 - $119,700.00
If you are interested in purchasing and if your gross household income and household size fall within the ranges above, please call the Affordable Housing Coordinator to schedule a financial qualification interview.
Princeton offers no guarantee or representation of unit availability for every applicant. Qualification and selection is made on the basis of criteria including, but not limited to: household size; income; debt; credit history; unit availability; and legal residency status.
PRINCETON IS AN EQUAL HOUSING OPPORTUNITY