Truman Square is managed by Pennrose Management Company.
Truman Square is a brand new family rental community in Edison, NJ. The two-phase, 170-unit development is now open for immediate occupancy! This pet-friendly community features 1-, 2- and 3-bedroom affordable apartment homes at a variety of income tiers. Many apartments have been designated for veterans and individuals with special needs. Truman Square has been developed in partnership with the Township of Edison.
Each residence comes with a fully-equipped kitchen with dishwasher, spacious closets, and resident-controlled heating and cooling. Residents enjoy inviting community rooms, fitness centers, secured access entry, and on-site laundry facilities.
Unit (Bd/Ba) | Ft2 | Rent |
---|---|---|
One Bedroom (1/1) | 626 | From $1,288 To $1,556 |
Two Bedroom (2/1) | 822 | From $1,547 To $1,869 |
Three Bedroom (3/2) | 1271 | From $1,785 To $2,156 |
Day | Hours |
---|---|
Monday | 8:30am-5:00pm |
Tuesday | 8:30am-5:00pm |
Wednesday | 8:30am-5:00pm |
Thursday | 8:30am-5:00pm |
Friday | 8:30am-5:00pm |
Since this property has received funding in part through the Low Income Housing Tax Credit (LIHTC) program, a certain number of units are set aside for lower income households. Households must earn either less than 50% or 60% of the area median income (depending on the set-aside option chosen by the property owner) to qualify for these units. Rents in these units are capped at a maximum of 30% of the set-aside area median income (adjusted for unit size). Some rental units in this property may not be subject to LIHTC and therefore have higher rents and no maximum household income requirement.