Independence Square - Freehold Township

Housing Type:

Sales units located in Freehold Township, Monmouth County

Availability:

Preliminary Applications are now being accepted.  Units listed for sale are listed below.  There is currently no waiting list for most units.  If your household size and income matches a unit available, you will be contacted by a case manager within approximately one week.  Additional units may become available so please submit a Preliminary Application to be contacted when units become available in the future.

Income Limits:

Maximum Income Limits

Number of Persons in Household

Very Low

Low

Moderate

1

$19,449

$32,415

$51,864

2

$22,227

$37,046

$59,273

3

$25,006

$41,676

$66,682

4

$27,784

$46,307

$74,091

5

$30,007

$50,012

$80,019

6

$32,230

$53,716

$85,946

Obtaining a Mortgage

Interested buyers must be able to secure financing.  The complex is FHA approved.  You may work with any lender.  Below is the contact information for a lender that has worked with buyers recently.

  • Advisors Mortgage Group, LLC, Nick Rosetti, 732-695-6034×162 (office), nrosetti@advisorsmortgage.com
  • M&T Bank, Dwain Drinkard, ddrinkard@mtb.com, 609-524-7175 (office). Minimum credit score required by bank to qualify for mortgage is 680.
  • Investors Savings Bank, Kathryn Schulfhafer, 732-371-7305 (office), kschulhafer@myinvestorsbank.com, minimum credit score required by bank to qualify for mortgage is 620.
  • Amboy Bank, Brian Holmes, bholmes@amboybank.com, 732-591-8700 x5949 (office)

Closing Attorney

Most buyers and sellers utilize their own attorney to assist them in this important real estate transaction.  Below is the name of an attorney that is familiar with affordable housing closings*.

* Please note:  CGP&H maintains this list attorneys only as a convenience for buyers and sellers of affordable housing.  CGP&H does not make any representation or give any warranty regarding their qualifications, competence or suitability. CGP&H does not recommend any particular attorney on the list and the attorneys on the list are not ranked in any particular order.  CGP&H receives no compensation from the attorneys on the list.  Buyers and sellers are free to select any attorney to represent them, whether or not on the list.

Down Payment Assistance

Monmouth County First Time Homebuyer Program is accepting applications.  Please contact Debra Dovedytis at debra.dovedytis@co.monmouth.nj.us or 732-431-7460 for more information.

All Freehold Township Down Payment Assistance Program funds for 2015 have been committed.  No new awards are currently being made.

How to Apply:

Click here to complete the Preliminary Application on-line.  Completing the Preliminary Application on-line is fast and simple.  If you have already submitted a preliminary application, email homes@cgph.net if your are interested in a property posted here.

33-4 Trumbull Road

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front of home 1kitchen 2 kitchen 1closet 1 bathroom 3 bathroom 1small bedroom 3 living room 3 larger bedroom 4tennis court pool 1

  • 2 bedrooms, 1 bathroom
  • Maximum sale price is $92,892
  • Restricted to Low Income households (see income limits above)
  • First Floor Unit
  • 650 Square Feet
  • Built in 1991
  • Low property taxes
  • Central Air
  • Stove, microwave and dishwasher included in selling price.
  • Pets allowed

31-7 Trumbull Road - Under contract and not available for viewing pending sale

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782 786 789 793 796 799 809 812 816 819 IMAG0073 IMAG0075 IMAG0080

  • 2 bedroom, 1 bath home
  • Maximum sale price is $109,543
  • Restricted to Moderate Income households (see income limits above)
  • Second Floor Unit
  • 650 Square Feet
  • Built in 1991
  • Low property taxes
  • Central Air
  • Washer and dryer
  • Water heater, furnace, stove, carpet and flooring replaced in March 2015
  • Walk-in closet with built-in shelving
  • Storage unit
  • Pets allowed

25-7 Wyeth Drive – Under contract and not available for viewing pending sale

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bathroom bedroom closet entry way kitchen living room office space

  • 2 bedroom, 1 bath home
  • Maximum sale price is $101,751
  • Restricted to Moderate Income households (see income limits above)
  • Second Floor Unit
  • 650 Square Feet
  • Built in 1996
  • Low property taxes
  • Central Air
  • Washer and dryer
  • Pets allowed