Montgomery Heights is managed by Pennrose Management Company.
At Montgomery Heights, you’ll find a brand new Newark apartment home with spectacular views, luxury amenities and luxury finishes at an affordable price. Spacious apartments with large windows and excellent amenities will make your home the place you want to be, while just steps from your door convenient public transportation will get you to where you need to be!
Whether you choose a 1-, 2-, or 3-bedroom apartment, you’ll find spacious floor plans, large windows and amazing views that make coming home something special. Adding to these wonderful comforts, you’ll also enjoy all of the extras at Montgomery Heights such as a fitness center, media/community room and tot lot/playground.
Unit (Bd/Ba) | Ft2 | Rent |
---|---|---|
One Bedroom (1/1) | 740 | From $1,324 |
Two Bedroom (2/1) | 903 | From $1,585 |
Three Bedroom (3/2) | 1210 | From $1,830 |
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 Newark but actual income limits may differ for units at Montgomery Heights.
AMI Band | 1 Person | 2 Person | 3 Person | 4 Person | 5 Person | 6 Person |
---|---|---|---|---|---|---|
30% | $25,600 | $29,250 | $32,900 | $36,550 | $39,500 | $42,400 |
50% | $42,650 | $48,750 | $54,850 | $60,900 | $65,800 | $70,650 |
80% | $66,300 | $75,750 | $85,200 | $94,650 | $102,250 | $109,800 |
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 Montgomery Heights.
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 |
Day | Hours |
---|---|
Monday | 9:00am-4:00pm |
Tuesday | 9:00am-4:00pm |
Wednesday | 9:00am-4:00pm |
Thursday | 9:00am-4:00pm |
Friday | 9:00am-4:00pm |
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.