Affordable Age-Restricted sale units in Edison, Middlesex County. This is a 55+ community.
Preliminary Applications are now being accepted for affordable homes for sale in Edison Township. There are 21 low and moderate income, one-bedroom condominiums in this community. At least one person in the household must be 55 years or older to qualify. The condominium homes are located off of Liddle Avenue, just north of Route 287 and west of the New Jersey Turnpike.
Preliminary Applications are now being accepted. To see available units, visit Current Listings. There is currently no waiting list for most units. If your household size and income matches a unit available with no waiting list, you will be able to Request to Visit the home from your Affordable Homes New Jersey Profile. Additional units may become available so please submit a Preliminary Application to be contacted when units become available in the future. Make sure you visit your personal Profile page and join the Edison ownership waiting list.
Maximum Income Limits Per Household:
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2018 Maximum Income Limits
Number of Persons in Household
Obtaining a Mortgage
Interested buyers must be able to secure financing. This list of lenders is familiar with affordable housing in New Jersey. If you do not plan to secure a mortgage from a contact on this list, please notify CGP&H and inform your lender that you are purchasing an affordable deed restricted home and that the affordability controls survive foreclosure.
Most buyers of affordable homes choose to work with an attorney to handle the closing. The attorney will be able to assist you with other aspects of purchasing the home. This list of attorneys is familiar with affordable housing closings.
Down Payment Assistance
Applicants may also be eligible for $10,000 in down payment assistance in the form of a ten-year loan from Edison Township . This loan has zero interest, zero monthly payments, and will not have to be repaid if you own the home for ten years or more. Applications submitted for affordability assistance will be provided on a first come, first-served basis as long as assistance funds remains in the budget for the year.
First time home buyers who currently reside in Middlesex County may be eligible for $5,000 from the Middlesex County American Dream Downpayment Assistance Program. Visit the American Dream Downpayment Program website to find out more information.
How to Apply:
Click here to complete the Preliminary Application on-line. Completing the Preliminary Applications on-line is fast and simple. If you have already submitted a preliminary application, use your personalized Profile Link to visit your profile to join waiting lists and Request to Visit properties.
Homes for Sale
Please visit Current Listings to see if there are homes for sale in this community.