Placed in service 2017
New Jersey tax credit properties at Year 15 in 2031
HUD's database lists 42 New Jersey properties placed in service in 2017, with 4,145 apartments (3,890 low-income). If the credit period started that year, the 15-year compliance periods end around 2031, and extended use runs to at least 2046 unless the agreement says later.
| Property | Credit | Units | Low-income | Allocated | Compliance ends | Extended use at least to |
|---|---|---|---|---|---|---|
| Bridgeton Villas 205 Cottage Ave, Bridgeton 08302 | n/a | 100 | 100 | n/a | 2031 or 2032 | 2046 or 2047 |
| Brigeton Villas II 205 Cottage Ave, Bridgeton 08302 | n/a | 56 | 56 | 2017 | 2031 or 2032 | 2046 or 2047 |
| Branch Village Midrise 1700 South 9th Street, Camden 08104 | n/a | 50 | 50 | n/a | 2031 or 2032 | 2046 or 2047 |
| Camden Townhouses #1748 705 Broadway, Camden 08103 | n/a | 89 | 89 | n/a | 2031 or 2032 | 2046 or 2047 |
| Clifton Main Mews 988 And 1010 Main Ave, Clifton 07011 | n/a | 51 | 50 | n/a | 2031 or 2032 | 2046 or 2047 |
| Residence At Roosevelt Park 1 Roosevelt Dr, Edison 08837 | 9% | 85 | 84 | 2016 | 2031 or 2032 | 2046 or 2047 |
| Roosevelt Hospital 1 Roosevelt Drive, Edison 08837 | n/a | 85 | 85 | n/a | 2031 or 2032 | 2046 or 2047 |
| Egg Harbor Township Family 2720 Fire Rd, Egg Harbor Township 08234 | 4% | 76 | 76 | n/a | 2031 or 2032 | 2046 or 2047 |
| Egg Harbor Family 2729 Fire Road And 1425 Doughty Road, Egg Harbor Twp 08234 | n/a | 75 | 75 | n/a | 2031 or 2032 | 2046 or 2047 |
| Parkers Walk 300-331 And 445-522 Willow Court, Elizabeth 07208 | n/a | 96 | 95 | n/a | 2031 or 2032 | 2046 or 2047 |
| Cornerstone At Lacey 900 Gary Smith Way, Forked River 08731 | 4% | 70 | 35 | n/a | 2031 or 2032 | 2046 or 2047 |
| Cornerstone At Lacey #1640 900 Gary Smith Way, Forked River 08731 | 4% | 70 | 70 | n/a | 2031 or 2032 | 2046 or 2047 |
| Cornerstone At Lacey II Litc#1647 900 Gary Smith Way, Forked River 08731 | n/a | 48 | 48 | n/a | 2031 or 2032 | 2046 or 2047 |
| Dalina Manor #1516 113 James St, Hopelawn 08861 | 9% | 57 | 57 | n/a | 2031 or 2032 | 2046 or 2047 |
| Ocean Towers 425 Ocean Avenue, Jersey City 07305 | n/a | 99 | 99 | n/a | 2031 or 2032 | 2046 or 2047 |
| Granville Towers 1 Church St, Keansburg 07734 | n/a | 79 | 79 | n/a | 2031 or 2032 | 2046 or 2047 |
| Bayshore Village 100 Shoal Harbor Court, Middletown Twp. 07758 | n/a | 109 | 109 | n/a | 2031 or 2032 | 2046 or 2047 |
| Mullica West Phase II - Litc# 1505 54 Woodstown Rd, Mullica Hill 08062 | n/a | 48 | 48 | 2016 | 2031 or 2032 | 2046 or 2047 |
| 609 Broad Street 609-633 Broad Street, Newark 07102 | n/a | 160 | 64 | n/a | 2031 or 2032 | 2046 or 2047 |
| A Better Life Supportive Housing 93 14th Ave, Newark 07103 | n/a | 20 | 20 | n/a | 2031 or 2032 | 2046 or 2047 |
| Aspen Riverpark Apartments 17 Oxford St/44-58 Fleming Avenue, Newark 07105 | n/a | 261 | 259 | n/a | 2031 or 2032 | 2046 or 2047 |
| Commons Family & Senior 140 S Orange Ave, Newark 07103 | 4% | 372 | 372 | n/a | 2031 or 2032 | 2046 or 2047 |
| Gardens Family & Senior 265 Morris Ave, Newark 07103 | 4% | 235 | 235 | n/a | 2031 or 2032 | 2046 or 2047 |
| Residences At Symphony Hall - 4% 395 Halsey St, Newark 07102 | n/a | 60 | 60 | 2017 | 2031 or 2032 | 2046 or 2047 |
| Riverside Arms 63-95 Herbert Place, Newark 07104 | n/a | 128 | 128 | n/a | 2031 or 2032 | 2046 or 2047 |
| Symphony Hall 395-399, 401-407 Halsey Street, Newark 07102 | n/a | 60 | 60 | n/a | 2031 or 2032 | 2046 or 2047 |
| Harvard Printing 550 Central Ave, Orange 07050 | 9% | 128 | 70 | 2016 | 2031 or 2032 | 2046 or 2047 |
| Harvard Printing Mixed Income 550 Central Avenue, Orange 07050 | n/a | 128 | 70 | n/a | 2031 or 2032 | 2046 or 2047 |
| Apollo Dye Phase II 74-136 Harrison Street, Patterson 07501 | n/a | 63 | 63 | n/a | 2031 or 2032 | 2046 or 2047 |
| Perth Amboy Housing Authority Family Rad 881 Amboy Ave, Perth Amboy 08861 | 4% | 213 | 213 | n/a | 2031 or 2032 | 2046 or 2047 |
| Perth Amboy Housing Authority Senior Rad 415 Fayette St & 333 Rector St, Perth Amboy 08861 | 4% | 147 | 147 | n/a | 2031 or 2032 | 2046 or 2047 |
| City Center 2nd Ave And W Washington Ave, Pleasantville 08232 | n/a | 73 | 72 | n/a | 2031 or 2032 | 2046 or 2047 |
| City Center Ura #1506 117 W Washington Ave, Pleasantville 08232 | n/a | 72 | 72 | 2016 | 2031 or 2032 | 2046 or 2047 |
| Pleasantville Senior 33 W Washington Avenue, Pleasantville 08232 | n/a | 65 | 64 | n/a | 2031 or 2032 | 2046 or 2047 |
| Pleasantville Senior #1518 33 W Washington Ave, Pleasantville 08232 | n/a | 64 | 64 | 2016 | 2031 or 2032 | 2046 or 2047 |
| Flemington Junction Apts Justin Court, Raritan Township 08822 | n/a | 84 | 84 | n/a | 2031 or 2032 | 2046 or 2047 |
| Cornerstone At Toms River 2121 Massachusetts Ave, Toms River 08755 | 4% | 102 | 101 | n/a | 2031 or 2032 | 2046 or 2047 |
| Meadow Green 2257 Massachusetts Ave, Toms River 08755 | n/a | 80 | 80 | n/a | 2031 or 2032 | 2046 or 2047 |
| Landis Square 925 East Landis Ave, Vineland 08360 | n/a | 78 | 78 | n/a | 2031 or 2032 | 2046 or 2047 |
| Cedar Run Preservation 240 S Main St, West Creek 08092 | 4% | 72 | 72 | n/a | 2031 or 2032 | 2046 or 2047 |
| Dalina Manor 113 James Street, Woodbridge Twp. 08861 | n/a | 57 | 57 | n/a | 2031 or 2032 | 2046 or 2047 |
| Woolwich Family Housing 1050 Auburn Road, Woolwich Township 08085 | n/a | 80 | 80 | n/a | 2031 or 2032 | 2046 or 2047 |
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, 2029, 2030, 2032.