Placed in service 2010
New Jersey tax credit properties at Year 15 in 2024
HUD's database lists 51 New Jersey properties placed in service in 2010, with 3,984 apartments (3,171 low-income). If the credit period started that year, the 15-year compliance periods ended around 2024, and extended use runs to at least 2039 unless the agreement says later.
| Property | Credit | Units | Low-income | Allocated | Compliance ends | Extended use at least to |
|---|---|---|---|---|---|---|
| Gloucester Twp. Senior Campus 400 Lakeland Drive, Blackwood 08012 · no longer monitored | n/a | 75 | 75 | n/a | 2024 or 2025 | 2039 or 2040 |
| Litc#07901 North Camden Land Trust 539 State St, Camden 08102 | n/a | 89 | 89 | 2007 | 2024 or 2025 | 2039 or 2040 |
| Market Fair Apt Litc 1201 Yorkship Sq, Camden 08104 · no longer monitored | n/a | 70 | n/a | 2008 | 2024 or 2025 | 2039 or 2040 |
| Marketfair Apts. Sh 1201 Yorkship Sq, Camden 08104 · no longer monitored | n/a | 70 | 0 | 2008 | 2024 or 2025 | 2039 or 2040 |
| Roosevelt Manor Phases 9 + 10 - Centerville South 715 Chelton Avenue, Camden 08104 · no longer monitored | 9% | 89 | 89 | n/a | 2024 or 2025 | 2039 or 2040 |
| Roosevelt Manor Phases 9 And 10 - Centerville South 715 Chelton Ave, Camden City 08104 | n/a | 89 | 89 | n/a | 2024 or 2025 | 2039 or 2040 |
| Conifer Village At Cape May 3805 Bayshore Road, Cape May 08024 | n/a | 90 | 90 | 2009 | 2024 or 2025 | 2039 or 2040 |
| Washington Dodd Apartments 587 Carroll Street, City Of Orange 07050 | 4% | 299 | 221 | n/a | 2024 or 2025 | 2039 or 2040 |
| Tanyard Oaks 1100 Tanyand Oaks Court, Deptford Twp. 08080 | n/a | 66 | 66 | 2008 | 2024 or 2025 | 2039 or 2040 |
| Heritage House 50 South Munn Avenue, East Orange 07018 · no longer monitored | n/a | 204 | 204 | n/a | 2024 or 2025 | 2039 or 2040 |
| Litc#1050 Heritage House Aka Fern Pres. 50 S Munn Ave, East Orange 07018 | n/a | 204 | 204 | n/a | 2024 or 2025 | 2039 or 2040 |
| Vreeland Park Residences 1 Vreeland Park Terrace, Edgewater 07020 | 4% | 38 | 38 | n/a | 2024 or 2025 | 2039 or 2040 |
| Madison Apartments 449 Madison Avenue, Elizabeth 07201 · no longer monitored | 9% | 17 | 17 | n/a | 2024 or 2025 | 2039 or 2040 |
| Madison Apartments 441-449 Madison Avenue, Elizabeth City 07201 | n/a | 17 | 17 | 2009 | 2024 or 2025 | 2039 or 2040 |
| Water Edge Crescent 80 Magnolia Avenue, Elizabeth City 07206 · no longer monitored | n/a | 70 | 70 | n/a | 2024 or 2025 | 2039 or 2040 |
| Ocean Pointe East And West 454 And 461 Ocean Avenue, Jersey City 07305 | n/a | 59 | 59 | n/a | 2024 or 2025 | 2039 or 2040 |
| Ocean Pointe Senior 460 Ocean Avenue, Jersey City 07306 · no longer monitored | n/a | 58 | 0 | 2010 | 2024 or 2025 | 2039 or 2040 |
| Leonia Retirement Housing II #0844 270 Glenwood Ave, Leonia 07605 | TCEP only | 33 | 33 | n/a | 2024 or 2025 | 2039 or 2040 |
| Leonia Retirement Housing II 270 Glenwood Avenue, Leonia Twp. 07605 · no longer monitored | n/a | 33 | 33 | n/a | 2024 or 2025 | 2039 or 2040 |
| Garfield II Housing 2 Hope Lane, Long Branch 07740 · no longer monitored | TCEP only | 61 | 60 | 2010 | 2024 or 2025 | 2039 or 2040 |
| Litc#0918 Garfield II 2 Hope Ln, Long Branch 07740 | n/a | 61 | 60 | 2010 | 2024 or 2025 | 2039 or 2040 |
| Medford Senior Housing 8 Jones Road, Medford 08055 · no longer monitored | 9% | 36 | 36 | n/a | 2024 or 2025 | 2039 or 2040 |
| Medford Senior Housing 8 Jones Road, Medford Twp. 08055 | n/a | 36 | 36 | 2009 | 2024 or 2025 | 2039 or 2040 |
| Union Gardens 50 Greenwood Ave, Montclair 07042 | 4% | 87 | 87 | n/a | 2024 or 2025 | 2039 or 2040 |
| Providence Square II #0907 55 Harvey St, New Brunswick 08901 · no longer monitored | n/a | 53 | 0 | n/a | 2024 or 2025 | 2039 or 2040 |
| Providence Square II Litc #0907 55 Harvey St, New Brunswick 08901 | n/a | 53 | 53 | 2010 | 2024 or 2025 | 2039 or 2040 |
| Providence Square II 55 Harvey Street, New Brunswick City 08901 · no longer monitored | TCEP only | 53 | 53 | 2010 | 2024 or 2025 | 2039 or 2040 |
| Brick Towers 671 Mlk Jr Blvd, Newark 07102 · no longer monitored | n/a | 80 | n/a | 2008 | 2024 or 2025 | 2039 or 2040 |
| Brick Towers - Phase I 671 Martin Luther King Jr. Boulevard, Newark 07102 · no longer monitored | 9% | 80 | 80 | n/a | 2024 or 2025 | 2039 or 2040 |
| Brick Towers/montgomery Street 671 Dr. Martin Luther King Boulevard, Newark 07013 | n/a | 80 | 79 | 2008 | 2024 or 2025 | 2039 or 2040 |
| Litc#0816 Pacific Apts 10 Dawson St, Newark 07105 | n/a | 79 | 79 | 2009 | 2024 or 2025 | 2039 or 2040 |
| Pacific Apartments 164-168 Pennington Street, Newark 07105 · no longer monitored | n/a | 80 | 79 | 2008 | 2024 or 2025 | 2039 or 2040 |
| Roseville Commons 553-567 Orange Street, Newark City 07107 | n/a | 50 | 50 | n/a | 2024 or 2025 | 2039 or 2040 |
| Congdon Mill 13 1/2 Van Houten Street, Paterson 07501 · no longer monitored | n/a | 66 | 66 | 2010 | 2024 or 2025 | 2039 or 2040 |
| Congdon Mill #0902 13 1/2 Van Houten St, Paterson 07505 | n/a | 66 | 66 | 2010 | 2024 or 2025 | 2039 or 2040 |
| Eva's Village Apartments 133 Prince Street, Paterson 07501 | 9% | 50 | 50 | n/a | 2024 or 2025 | 2039 or 2040 |
| Eva's Village Apartments 133-151 Prince Street, Paterson City 07501 · no longer monitored | n/a | 50 | 50 | 2009 | 2024 or 2025 | 2039 or 2040 |
| Bailey Corner # 1482 10 Bailey St, Pilesgrove 08098 · no longer monitored | n/a | 90 | 0 | n/a | 2024 or 2025 | 2039 or 2040 |
| Bailey Corner #0905 1006 Bailey St, Pilesgrove 08098 | n/a | 90 | 90 | 2009 | 2024 or 2025 | 2039 or 2040 |
| Bailey Corner 10 Bailey Street (A101), Pilesgrove Twp. / Woodsto 08098 · no longer monitored | TCEP only | 90 | 90 | 2009 | 2024 or 2025 | 2039 or 2040 |
| Cedarbrook Apartments 1272 Park Ave, Plainfield 07060 | 4% | 141 | 138 | n/a | 2024 or 2025 | 2039 or 2040 |
| Cedarbrook Park Apartments 1272 Park Ave, Plainfield 07060 · no longer monitored | n/a | 140 | 0 | n/a | 2024 or 2025 | 2039 or 2040 |
| Cedarbrook Park Apts 1272 Park Ave, Plainfield 07060 · no longer monitored | n/a | 141 | n/a | n/a | 2024 or 2025 | 2039 or 2040 |
| Litc#0847 Cedarbrook Apartments 1272 Park Ave, Plainfield 07060 | 4% | 140 | 140 | n/a | 2024 or 2025 | 2039 or 2040 |
| Whispering Waters I 469 Grieves Parkway, Salem City 08079 | TCEP only | 120 | 120 | 2008 | 2024 or 2025 | 2039 or 2040 |
| Litc#0908 Robert Noble Manor 241 Gordon St, South Amboy 08879 | n/a | 40 | 40 | 2009 | 2024 or 2025 | 2039 or 2040 |
| Robert Noble Manor 241 Gordon Street, South Amboy City 08879 · no longer monitored | n/a | 40 | 40 | 2009 | 2024 or 2025 | 2039 or 2040 |
| Grove Gardens 43 Grove St, South Hackensack 07606 · no longer monitored | n/a | 25 | n/a | 2009 | 2024 or 2025 | 2039 or 2040 |
| Grove Gardens #749 41 Grove St, South Hackensack 07606 | n/a | 25 | 25 | 2009 | 2024 or 2025 | 2039 or 2040 |
| Grove Street Senior Housing 41 Grove Street, South Hackensack 07606 · no longer monitored | 9% | 25 | 25 | n/a | 2024 or 2025 | 2039 or 2040 |
| The Oaks At Weatherby 1 Oaks Drive, Woolwich 08085 | n/a | 86 | 85 | 2010 | 2024 or 2025 | 2039 or 2040 |
All 13,244 properties as CSV or JSON: Year 15 data download.
What Year 15 changes for these owners
Once the compliance period closes, credit recapture no longer applies, and a right of first refusal held by a nonprofit, a tenant group or a government agency can let it buy for as little as the minimum price in IRC 42(i)(7): the debt not taken on in the five years before the sale, plus the taxes the sale triggers. With the credits claimed and recapture behind them, investor partners have little reason to stay in. The property still owes at least 15 more years of extended use, and unless the agreement or state law rules it out, the owner can ask the agency for a qualified contract after year 14. States can set longer extended use or bar qualified contract requests in their regulatory agreements, so read the recorded agreement for any property here.
Check the exact dates for one property in the compliance timeline calculator, or work the exit numbers in the Year 15 exit and refinance calculator.
Other years in New Jersey: 2023, 2025, 2026, 2027, 2028, 2029, 2030, 2031, 2032.