Placed in service 2015
New Jersey tax credit properties at Year 15 in 2029
HUD's database lists 46 New Jersey properties placed in service in 2015, with 4,314 apartments (3,974 low-income). If the credit period started that year, the 15-year compliance periods end around 2029, and extended use runs to at least 2044 unless the agreement says later.
| Property | Credit | Units | Low-income | Allocated | Compliance ends | Extended use at least to |
|---|---|---|---|---|---|---|
| Beachview Residence 3850 Atlantic Avenue, Atlantic City 08401 | n/a | 57 | 57 | n/a | 2029 or 2030 | 2044 or 2045 |
| Carolina Cresent And Connecticut Crescent 1353 Mediterranean Ave, Atlantic City 08401 | n/a | 88 | 88 | 2014 | 2029 or 2030 | 2044 or 2045 |
| Atlantic City Townhouses 1330 Mediterranean Ave, Atlantic City Townhouses 08401 | n/a | 174 | 174 | n/a | 2029 or 2030 | 2044 or 2045 |
| Heritage Village At Bloomfield 390 Franklin Street, Bloomfield 07003 | n/a | 81 | 81 | n/a | 2029 or 2030 | 2044 or 2045 |
| Apartments At The Mill 505 Mitchell Avenue, Burlington 08016 | n/a | 65 | 65 | 2013 | 2029 or 2030 | 2044 or 2045 |
| Conifer Village At Railroad Avenue 8 Railroad Ave, Cape May Court House 08210 | n/a | 80 | 80 | n/a | 2029 or 2030 | 2044 or 2045 |
| Reinhard Manor 350 Outlook Ave, Colonia 07067 | n/a | 62 | 62 | 2013 | 2029 or 2030 | 2044 or 2045 |
| Carthage Doddtown Plaza 7 Long St, East Orange 07017 | n/a | 60 | 60 | n/a | 2029 or 2030 | 2044 or 2045 |
| Chestnut Park Apartments 25 S Munn Ave, East Orange 07018 | n/a | 60 | 60 | n/a | 2029 or 2030 | 2044 or 2045 |
| Prospect Park 545 Park Avenue, East Orange 07017 | n/a | 130 | 130 | n/a | 2029 or 2030 | 2044 or 2045 |
| Kilmer Homes I 117 Truman Drive, Edison 08817 | n/a | 59 | 59 | 2013 | 2029 or 2030 | 2044 or 2045 |
| Kilmer Homes II 91 Truman Drive, Edison 08817 | n/a | 59 | 59 | 2013 | 2029 or 2030 | 2044 or 2045 |
| Conifer Village At Rittenberg 528 Philadelphia Ave., Egg Harbor 08215 | n/a | 100 | 100 | 2013 | 2029 or 2030 | 2044 or 2045 |
| Duffy Manor Aka Duffy School #1332 225 W 2nd St, Florence 08518 | n/a | 53 | 53 | 2015 | 2029 or 2030 | 2044 or 2045 |
| Duffy School 203-225 W. 2nd Street, Florence 08518 | n/a | 53 | 53 | 2013 | 2029 or 2030 | 2044 or 2045 |
| Village At Garwood 320-324 Second Avenue, Garwood 07027 | n/a | 71 | 71 | n/a | 2029 or 2030 | 2044 or 2045 |
| Hollybush Gardens I And II 252 Ruth Ave., Glassboro 08028 | n/a | 251 | 227 | n/a | 2029 or 2030 | 2044 or 2045 |
| Akabe Village 57 Wyckoff Road, Howell 07731 | n/a | 32 | 32 | n/a | 2029 or 2030 | 2044 or 2045 |
| Brunswick Estates 1a Montgomery Court, Jersey City 07302 | n/a | 131 | 129 | n/a | 2029 or 2030 | 2044 or 2045 |
| Brunswick Estates/city Crossing Litc#1555 1a Montgomery Ct, Jersey City 07302 | n/a | 131 | 129 | n/a | 2029 or 2030 | 2044 or 2045 |
| Ocean Green Senior Apartments 744 Ocean Ave, Jersey City 07305 | 9% | 44 | 44 | n/a | 2029 or 2030 | 2044 or 2045 |
| Woodrow Wilson Phase II 520 High Street, Long Branch 07740 | n/a | 56 | 56 | 2013 | 2029 or 2030 | 2044 or 2045 |
| The Aspire 135 Somerset Street, New Brunswick 08901 | n/a | 238 | 48 | n/a | 2029 or 2030 | 2044 or 2045 |
| 60 Nevada 60 Nevada St, Newark 07102 | 9% | 75 | 74 | 2014 | 2029 or 2030 | 2044 or 2045 |
| 999 Broad Phase II 46-60 Nevada Street, Newark 07102 | n/a | 75 | 75 | 2014 | 2029 or 2030 | 2044 or 2045 |
| Fairview Homes Apartments #1544 70 17th Ave, Newark 07103 | n/a | 135 | 135 | 2015 | 2029 or 2030 | 2044 or 2045 |
| Hampton Valley Apartments 106-136 Elizabeth Avenue, Newark 07108 | n/a | 89 | 89 | n/a | 2029 or 2030 | 2044 or 2045 |
| Spruce Street Seniors 140 Spruce St, Newark 07108 | n/a | 56 | 56 | 2014 | 2029 or 2030 | 2044 or 2045 |
| Heritage Village At Ocean 400 Stacey Drive, Ocean 07712 | n/a | 96 | 96 | n/a | 2029 or 2030 | 2044 or 2045 |
| Willows At Waretown 501 Route 9, Ocean 08758 | n/a | 76 | 76 | n/a | 2029 or 2030 | 2044 or 2045 |
| Alexander Hamilton II 260 22nd Ave, Paterson 07513 | n/a | 50 | 50 | 2015 | 2029 or 2030 | 2044 or 2045 |
| Apollo Dye Sr. 63-89 Straight Street, Paterson 07501 | n/a | 70 | 69 | n/a | 2029 or 2030 | 2044 or 2045 |
| Apollo Senior 69 Straight St, Paterson 07501 | n/a | 69 | 69 | 2015 | 2029 or 2030 | 2044 or 2045 |
| Riverfront Village At Pennsauken 900 Riverview Drive, Pennsauken 08110 | 9% | 75 | 75 | 2015 | 2029 or 2030 | 2044 or 2045 |
| City Center - Mixed Use 1 South Main St., Pleasantville 08232 | n/a | 68 | 46 | 2014 | 2029 or 2030 | 2044 or 2045 |
| City Center Mixed Income 20 West Milan Ave,, Pleasantville 08232 | n/a | 67 | 50 | 2014 | 2029 or 2030 | 2044 or 2045 |
| Rio Grande 4006 Route 9 S, Rio Grande 08242 | n/a | 79 | 0 | 2014 | 2029 or 2030 | 2044 or 2045 |
| Freedom Village At Toms River 2215 Massachusetts Ave, Toms River 08060 | n/a | 72 | 72 | 2014 | 2029 or 2030 | 2044 or 2045 |
| Gregory School And Garrett Street Annex Ph II 150 Rossell Ave, Trenton 08638 | n/a | 52 | 52 | 2014 | 2029 or 2030 | 2044 or 2045 |
| South Village I And II 312 Lalor Street, Trenton 08611 | n/a | 335 | 335 | n/a | 2029 or 2030 | 2044 or 2045 |
| St. Michaels Monastery 1901 West Street, Union City 07087 | n/a | 70 | 68 | n/a | 2029 or 2030 | 2044 or 2045 |
| Waretown Town Center - Phase II 501 Route 9, Waretown 08758 | n/a | 76 | 76 | n/a | 2029 or 2030 | 2044 or 2045 |
| Wayne Sr. Hsg Aka Edward Sisco 100 Runnymeade Drive, Wayne 07470 | 4% | 241 | 241 | n/a | 2029 or 2030 | 2044 or 2045 |
| Winslow Cross Creek Family Apts. Phasei #1330 242 Sicklerville Road, Winslow Township 08095 | n/a | 45 | 45 | 2013 | 2029 or 2030 | 2044 or 2045 |
| Ingerman At Wesmont Station 100 Johnson Dr, Wood Ridge 07075 | 9% | 104 | 104 | 2014 | 2029 or 2030 | 2044 or 2045 |
| Westmont Station 1 Passaic Street, Wood-ridge 07075 | n/a | 104 | 104 | 2013 | 2029 or 2030 | 2044 or 2045 |
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, 2024, 2025, 2026, 2027, 2028, 2030, 2031, 2032.