Margaret Koontz Administrative Agent Affordable Housing Program

Thank you for your interest in affordable housing in New Providence. The Borough administers 41 affordable housing units.  An additional 38 rental units have been approved for construction.  The Borough has established a waiting list for affordable units that may become available. To be added to the waiting list for future openings, you must complete and file a preliminary application which is available on the Borough website at:

https://www.newprov.us/DocumentCenter/View/5976/Affordable-Housing-Pre-Application-Form-PDF

 You will be added to the waiting list on a date-received basis.  

The Borough rarely has a vacancy, so you may wish to contact other towns’ Affordable Housing offices or check the NJ Affordable Housing website at http://www.njhrc.gov/.for a listing of available units elsewhere. From this website, click on "Find Housing", then on the next screen, choose "Rentals" or "For Sale", depending on your needs. On the following screen you will see a list of all the counties in New Jersey and under each county, the towns that have units available. To obtain details about applying for any of these units, follow the posted instructions, go to the town’s website or call the town’s Affordable Housing office. Availability can change quickly, so we recommend you check this site often.

The Affordable Housing Professionals of New Jersey (AHPNJ) determine income limits for affordable units which vary by region. Our housing units are located in Region #2 which includes the counties of Essex, Morris, Union and Warren. Income limits depend on the number of persons in the household and change from year to year.  The current income limits are shown on the next page.

Please feel free to contact our office at any time to check on the timing of the Borough’s application process.

We wish we had enough affordable housing for all. Good luck in your search! Best regards,
Margaret Koontz Affordable Housing 
Administrative Agent
908-665-1124
mkoontz@newprov.us

                   2024  Affordable Housing Income Limits	
Number of Persons
in Household	Maximum Annual Income
Low-Income Units	Maximum Annual Income
Moderate-Income Units	
1	$45,296	$72,473	
2	$51,766	$82,826	
3	$58,237	$93,180	
4	$64,708	$103,533	
5	$69,885	$111,816	
6	$75,061	$120,098	

AFFORDABLE HOUSING UNITS IN NEW PROVIDENCE	
	Number of Units by Affordable Housing Category*			

Development/Location	
1-L	
1-M	
2-L	
2-M	
3-L	
3-M	Total
# of units	Type of Units	
Total # Units Each Category	6	3	12	12	3	5	41		

Spring Gardens – 851 Springfield Ave.	
1		
2	
2		
1	
6	Garden
apartments – rentals	
Stonefields – 50 Union Ave.			1			1	2	For-sale
townhomes	
Patriot Village – 53 Division Ave.	1			2	1		4	Apartments –
rentals	
Murray Hill Farms – Timothy Field Road	3	2	3	3	1	1	13	For-sale
condominiums	
Southgate at Murray Hill – Ethan Drive and Southgate Road			1	1			2	For-sale
townhomes	
The Villages at New Providence –
Corner Spring St. & Floral Avenue	1	1	3	3	1	1	10	Apartments -
rentals	
Riverbend at New Providence – Riverbend Court 

2	
1		
1	
4	For-sale condominiums	
Additional Units – Senior Citizens Only									
Barabash Manor – 101 Academy St.
Age-restricted and income-restricted 1-bedroom apartments
(Contact Cora Terzo - Manager – 908-464-6131)	
22						
22	Apartments – rentals	
  *Key –
1-L = 1 bedroom low income	1-M = 1 bedroom moderate income
2-L = 2 bedroom low income	2-M = 2 bedroom moderate income
3-L = 3 bedroom low income	3-M = 3 bedroom moderate income	

AFFORDABLE HOUSING UNITS APPROVED FOR CONSTRUCTION

Development/Location	
1-B	
2-B	
3-B	Total
# of units	Type of Units	
Total # Units Each Category	6	22	10	38		

GH NP Central LLC – 111 Spring Street	

	Combination of rental units in two apartment buildings and 10 carriage-style townhomes	
 Building 1	3	6		9	Apartment Building	
 Building 2	3	6		9	Apartment Building	
 Building 3		1	1	2	Carriage-Style Townhome	
 Building 4		1	1	2	Carriage-Style Townhome	
 Building 5		1	1	2	Carriage-Style Townhome	
 Building 6		1	1	2	Carriage-Style Townhome	
 Building 7		1	1	2	Carriage-Style Townhome	
 Building 8		1	1	2	Carriage-Style Townhome	
 Building 9		1	1	2	Carriage-Style Townhome	
 Building 10		1	1	2	Carriage-Style Townhome	
 Building 11		1	1	2	Carriage-Style Townhome	
 Building 12		1	1	2	Carriage-Style Townhome