AffordableHousingOnline

The Willows at Cedar Knolls

53 Horsehill Rd, Hanover, New Jersey 07927

The Willows at Cedar Knolls, formerly Saddlebrook Court, is an affordable family housing community situated on 15-acres in desirable Hanover Township, Morris County, New Jersey. The 78-unit community offers residents a variety of one, two and three bedroom floorplans equipped with premium appliances, over-sized windows, patios and balconies, private entryways. Community amenities include off-street parking, a resident lounge, laundry facilities and convenient access to major area highways.

Unit (Bd/Ba) Ft2 Rent
1 Bedroom (1/1) - Call for Price
2 Bedroom (2/1) - Call for Price
3 Bedroom (3/1) - Call for Price

Eligibility for The Willows at Cedar Knolls

Generally, households earning up to the income limit in the table below for their household size are eligible for units participating in the Low-Income Housing Tax Credit program in Hanover but actual income limits may differ for units at The Willows at Cedar Knolls.

AMI Band 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person
Very Low Income (50%) $42,650 $48,750 $54,850 $60,900 $65,800 $70,650
Low Income (60%) $51,180 $58,500 $65,820 $73,080 $78,960 $84,780

The Willows at Cedar Knolls Details

  • 78 one, two and three bedroom units.
  • Low-Income Housing Tax Credit (LIHTC)

Property Amenities

  • Playground
  • On-Site Manager
  • On-Site Maintenance
  • Laundry Facilities

Unit Amenities

  • Air Conditioning
  • Washer and Dryer Included
Low-Income Housing Tax Credit (LIHTC)

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.