Placed in service 2018
New Jersey tax credit properties at Year 15 in 2032
HUD's database lists 30 New Jersey properties placed in service in 2018, with 2,550 apartments (2,406 low-income). If the credit period started that year, the 15-year compliance periods end around 2032, and extended use runs to at least 2047 unless the agreement says later.
| Property | Credit | Units | Low-income | Allocated | Compliance ends | Extended use at least to |
|---|---|---|---|---|---|---|
| Aberdeen Senior Residences 100 Church St, Aberdeen 07747 | n/a | 74 | 74 | n/a | 2032 or 2033 | 2047 or 2048 |
| Hudson Ridge Family 100 Church Street, Aberdeen 07747 | n/a | 70 | 70 | n/a | 2032 or 2033 | 2047 or 2048 |
| Hudson Ridge Residences At Aberdeen 96 Church St, Aberdeen 07747 | n/a | 69 | 69 | n/a | 2032 or 2033 | 2047 or 2048 |
| Tennessee Green 341 Tennessee Avenue, Atlantic City 08401 | n/a | 66 | 66 | n/a | 2032 or 2033 | 2047 or 2048 |
| Glassworks At Aberdeen #1651 145 Cliffwood Ave, Cliffwood 07721 | 4% | 110 | 110 | n/a | 2032 or 2033 | 2047 or 2048 |
| The Willows At Glassworks 145 Cliffwood Ave, Cliffwood 07721 | 4% | 110 | 110 | n/a | 2032 or 2033 | 2047 or 2048 |
| Parker's View 230-246 Parker Road, Elizabeth 07208 | n/a | 59 | 59 | n/a | 2032 or 2033 | 2047 or 2048 |
| Greater Englewood Apartments 1 Rock Creek Terrace, Englewood 07631 | 4% | 268 | 268 | n/a | 2032 or 2033 | 2047 or 2048 |
| Westering Place/amwell Commons #1522 2 Cpl Langon Way, Hillsborough 08844 | 9% | 53 | 53 | n/a | 2032 or 2033 | 2047 or 2048 |
| Hilltop Apartments 832 Chancellor Avenue, Irvington 07111 | n/a | 113 | 88 | n/a | 2032 or 2033 | 2047 or 2048 |
| Hilltop Apartments - Litc# 1514 280 Park Pl, Irvington 07111 | n/a | 113 | 88 | 2017 | 2032 or 2033 | 2047 or 2048 |
| The Ponds At Jackson 21 #1641 100 Mallard Ct, Jackson 08527 | 4% | 88 | 87 | n/a | 2032 or 2033 | 2047 or 2048 |
| Dr. Lena Frances Edwards Apartments 455 Ocean Ave, Jersey City 07305 | n/a | 57 | 64 | 2017 | 2032 or 2033 | 2047 or 2048 |
| Keansburg Mixed Income 250 Beachway Ave, Keansburg 07734 | 4% | 186 | 186 | n/a | 2032 or 2033 | 2047 or 2048 |
| Keansburg Mixed Income #1650 250 Beachway Ave, Keansburg 07734 | 4% | 186 | 111 | n/a | 2032 or 2033 | 2047 or 2048 |
| Willows At Little Egg Harbor 180 Oak Ln, Little Egg Hbr Twp. 08087 | 4% | 56 | 56 | n/a | 2032 or 2033 | 2047 or 2048 |
| Willows At Little Egg Harbor #1741 180 Oak Ln, Little Egg Hbr Twp. 08087 | 4% | 56 | 56 | n/a | 2032 or 2033 | 2047 or 2048 |
| Hudson Ridge Senior 100 Church Street, Matawan 07747 | 4% | 74 | 74 | n/a | 2032 or 2033 | 2047 or 2048 |
| Ethel R. Lawrence Iii-connell 1 Ethel R Lawrence Blvd, Mount Laurel 08054 | n/a | 60 | 60 | 2016 | 2032 or 2033 | 2047 or 2048 |
| Ethel Lawrence III + Connell 1 Ethel R. Lawrence Boulevard, Mount Laurel Township 08054 | 9% | 60 | 60 | n/a | 2032 or 2033 | 2047 or 2048 |
| Winding Ridge - Litc#1766 9 Winding Ridge Cir, Neptune 07753 | 4% | 98 | 97 | n/a | 2032 or 2033 | 2047 or 2048 |
| Newton Town Centre 5 Union Place, Newton 07860 | n/a | 64 | 64 | n/a | 2032 or 2033 | 2047 or 2048 |
| Fort Monmouth 1-51 Gosselin Avenue, Oceanport 07703 | n/a | 24 | 24 | n/a | 2032 or 2033 | 2047 or 2048 |
| Liberty Walk At Fort Monmouth 4 Gosselin Ave, Oceanport 07757 | 4% | 48 | 24 | n/a | 2032 or 2033 | 2047 or 2048 |
| Rahway Residences For The Arts 219 Central Avenue, Rahway 07065 | n/a | 58 | 58 | n/a | 2032 or 2033 | 2047 or 2048 |
| Eagle Crest #1656 111 Spieth Way, Toms River 08755 | 4% | 49 | 49 | n/a | 2032 or 2033 | 2047 or 2048 |
| Eagle Crest Apartments 111 Spieth Way, Toms River 08755 | 4% | 49 | 49 | n/a | 2032 or 2033 | 2047 or 2048 |
| Willows At Westampton 545 Woodlane Rd, Westampton 08060 | 9% | 72 | 72 | n/a | 2032 or 2033 | 2047 or 2048 |
| Birchwood At Whiting #1743 1110 Highway 70, Whiting 08759 | n/a | 76 | 76 | n/a | 2032 or 2033 | 2047 or 2048 |
| Jacobs Landing 10 Bunns Ln, Woodbridge 07095 | 9% | 84 | 84 | 2015 | 2032 or 2033 | 2047 or 2048 |
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, 2031.