Cottage Place

643 Martin Luther King Jr Blvd, Newark, New Jersey 07102

Contact Cottage Place

1-4 bedroom units

Unit (Bd/Ba)	Ft²	Rent
One Bedroom (1/1)	728	From $1,045
Two Bedroom (2/2)	1092	Call for Price
Two Bedroom (2/1)	1092	From $1,235
Two Bedroom (2/2)	1100	From $1,246
Three Bedroom (3/2)	1200	From $1,415
Three Bedroom (3/2)	1200	Call for Price
Four Bedroom (4/2)	1350	From $1,561

Eligibility for Cottage Place

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 Newark but actual income limits may differ for units at Cottage Place.

AMI Band	1 Person	2 Person	3 Person	4 Person	5 Person	6 Person	7 Person	8 Person
Very Low Income (50%)	$42,650	$48,750	$54,850	$60,900	$65,800	$70,650	$75,550	$80,400
Low Income (60%)	$51,180	$58,500	$65,820	$73,080	$78,960	$84,780	$90,660	$96,480

Cottage Place Details

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

Property Amenities

Controlled Access
Community Room
24hr Emergency Maintenance
Covered Parking
Online Payments Accepted
Surveillance Cameras
Downtown Location
Courtyard
Heat Included
On-Site Laundry

Unit Amenities

Air Conditioning
Dishwasher
Microwave
Cable Ready
Window Coverings
Carpet
Patio Deck Or Balcony
Scenic View
Storage
Refrigerator
Private Patio and Balcony

Nearby Amenities

Close to Public Transportation
Close to Shopping
Nearby Parks and Recreation

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.