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Landlord Information: Oakland, NJ

 
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NOTICE TO PROPERTY PROVIDERS:
Do NOT list foreclosed properties on this service. All properties that are identified as possible foreclosures will be removed from this service immediately.
   LISTING LIMITS:   Oakland, NJ   
 
FOR REFERENCE AND LISTING LIMIT GUIDELINES ONLY

 
Bedrooms
RENTAL (see notes 1,2)
0
1
2
3
4
5
6
7
8
100% of FMR (1)  Opens new browser window
$1,400
$1,645
$1,892
$2,342
$2,946
$3,388
$3,830
$4,272
$4,714
110% of FMR(1)
$1,540
$1,809
$2,081
$2,576
$3,240
$3,726
$4,213
$4,699
$5,185
120% of FMR(1)
$1,680
$1,974
$2,270
$2,810
$3,535
$4,065
$4,596
$5,126
$5,656
130% of FMR(1)
$1,820
$2,138
$2,459
$3,044
$3,829
$4,404
$4,979
$5,553
$6,128
140% of FMR(2)
$1,960
$2,303
$2,648
$3,278
$4,124
$4,743
$5,362
$5,980
$6,599
These are "HUD Federal Fiscal Year 2024" values updated 04/16/2024

 
FOR SALE
Any Size
Listing Limit
$350,000

 
The U.S. Department of Housing and Urban Development (HUD) is a federal organization that funds housing programs like the Housing Choice Voucher/Section 8 Voucher Program.
 
Public Housing Authorities (PHAs) are agencies that receive HUD funds for housing programs and administer housing programs locally.
 
(1) Note for all Section 8 properties: The actual monthly payment amount is influenced by a number of factors including the deduction of utility allowances, condition of the property, market comparisons, and any other policies of the local housing authority. The figures above represent the highest monthly dollar amount that HUD may pay through Section 8.
 
Actual monthly rent must be approved by the housing authority prior to lease-up. Approval is based on federal rules and regulations, applicable rent limits and rent reasonableness. The requested rent must not exceed the rent for comparable, unassisted units on the open market. Opens new browser window Contact your local housing authority for local details on payment standards as they may vary widely even within one city.
 
(2) Site-Cutoff: Generally, 140% of the regions' FMR is the cutoff for listing property on this service.
The New Jersey Housing Resource Center is Funded and Administered by the New Jersey Housing and Mortgage Finance Agency
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