Low Income (LIHTC)

Marveland Crescent

100 MARVELAND CRESCENT, Mount Olive, NJ, 7836

Information verified May 8, 2026·We re-check waiting list status daily

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About This Property

Marveland Crescent offers 57 low-income residential units in Mount Olive, New Jersey, within Morris County. The property provides housing options for residents seeking affordable accommodations in the area.

Property Details

Total Units

Fair Market Rent - Morris County, NJ

FMR represents the estimated amount needed to cover rent and utilities for a moderately-priced unit in this area.

Bedrooms	FMR
Studio/Efficiency	$1,379
1 Bedroom	$1,590
2 Bedroom	$1,916
3 Bedroom	$2,424
4 Bedroom	$2,800

Income Limits - Morris County, NJ

Annual income limits by household size used to determine eligibility for affordable housing programs.

1 Person

Extremely Low (30%): $22,550
Very Low (50%): $37,600
Low (80%): $55,950

2 Persons

Extremely Low (30%): $25,800
Very Low (50%): $43,000
Low (80%): $63,950

3 Persons

Extremely Low (30%): $29,000
Very Low (50%): $48,350
Low (80%): $71,950

4 Persons

Extremely Low (30%): $32,200
Very Low (50%): $53,700
Low (80%): $79,900

5 Persons

Extremely Low (30%): $34,800
Very Low (50%): $58,000
Low (80%): $86,300

6 Persons

Extremely Low (30%): $37,400
Very Low (50%): $62,300
Low (80%): $92,700

7 Persons

Extremely Low (30%): $40,120
Very Low (50%): $66,600
Low (80%): $99,100

8 Persons

Extremely Low (30%): $44,660
Very Low (50%): $70,900
Low (80%): $105,500

Household	Extremely Low (30%)	Very Low (50%)	Low (80%)
1 Person	$22,550	$37,600	$55,950
2 Persons	$25,800	$43,000	$63,950
3 Persons	$29,000	$48,350	$71,950
4 Persons	$32,200	$53,700	$79,900
5 Persons	$34,800	$58,000	$86,300
6 Persons	$37,400	$62,300	$92,700
7 Persons	$40,120	$66,600	$99,100
8 Persons	$44,660	$70,900	$105,500

Tax Credit Program Details

Year Placed in Service

9999

Low-Income Units

57 / 57

Frequently Asked Questions

What is the average rent for affordable housing in Mount Olive, NJ?+

The Fair Market Rent (FMR) for Morris County, NJ is: $1379 (Studio), $1590 (1BR), $1916 (2BR), $2424 (3BR), $2800 (4BR). Actual rent at subsidized properties like Marveland Crescent is typically 30% of household income or less.

What are the income limits for affordable housing in Morris County, NJ?+

For a 4-person household in Morris County, NJ, the income limits are: Extremely Low Income (30% AMI): $32,200, Very Low Income (50% AMI): $53,700, Low Income (80% AMI): $79,900. These limits are set by HUD and updated annually.

Who manages Marveland Crescent?+

Marveland Crescent is managed by . You can reach them at .

How do I apply for housing at Marveland Crescent?+

Marveland Crescent is a Low-Income Housing Tax Credit (LIHTC) property. To apply, you can start by calling , or contacting the property management office. Contact the property to learn about availability and application requirements. Eligibility is based on income limits set for the area.

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