Ocean Pointe Elderly

460 Ocean Ave, Jersey City, New Jersey 07305

Ocean Pointe is a modern upscale, but affordable, rental community offering outstanding features and unparalleled management and community services. They are located in Greenville, the southernmost section of Jersey City. Primarily a residential community of one and two family homes, Greenville has a rich and diverse history dating back to the 17th century. Contact their leasing office today to schedule a tour of your new home!

Unit (Bd/Ba) Ft2 Rent
1 Bedroom 1 Bath (1/1) 650 Call for Price
1 Bedroom 1 Bath (1/1) 700 Call for Price
2 Bedroom 1 Bath (2/1) 850 Call for Price
2 Bedroom 1 Bath (2/1) 920 Call for Price

Eligibility for Ocean Pointe Elderly

Generally, households earning up to the income limit in the table below for their household size are eligible for units participating in a HUD rental assistance program in Jersey City but actual income limits may differ for units at Ocean Pointe Elderly.

AMI Band 1 Person 2 Person 3 Person 4 Person
30% $25,550 $29,200 $32,850 $36,500
50% $42,600 $48,700 $54,800 $60,850
80% $68,150 $77,850 $87,600 $97,300

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 Jersey City but actual income limits may differ for units at Ocean Pointe Elderly.

AMI Band 1 Person 2 Person 3 Person 4 Person
Very Low Income (50%) $42,600 $48,700 $54,800 $60,850

Ocean Pointe Elderly Details

  • 59 one and two bedroom units.
  • Public Housing
  • Low-Income Housing Tax Credit (LIHTC)
  • Section 8 Project-Based Voucher (PBV)

Property Amenities

  • Community Room
  • Library
  • 24hr Emergency Maintenance
  • Game Room
  • Computer Teacher
  • On-Site Laundry

Unit Amenities

  • Dishwasher
  • Frost-Free Refrigerator
  • Individual heating and cooling systems
Public Housing

Since this property is owned and managed by a Public Housing Authority, all of the rents at this property are based on tenant incomes. Tenants will make a monthly contribution toward rent equal to 30% of their adjusted income. A housing authority may establish a minimum rent of up to $50.

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.

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