Wesleyan Arms — Income-Restricted Housing in Red Bank, NJ 07701
9 Wall St, Red Bank, NJ 07701
60 units · 1 BR
Management office: (732) 922-9802 ext. 2106Directions
How to apply
- Call the management office at (732) 922-9802 ext. 2106 to ask about applying, vacancies, and waiting lists.
- These records do not show openings — call to confirm vacancies and waiting lists.
At this building
- Opened
- 1998
- Bedrooms
- 60 1 bedroom
- HUD inspection
- HUD inspection score: 99/100 (Aug 2026) HUD inspects subsidized buildings on a 0–100 scale. This is a snapshot, not a pass/fail grade.
Map loads here…
This buildingNearbyOpen a pin for the building name.
Nearby income-restricted buildings
34-36 West Street
34 West Street, Red Bank, NJ 07701
0.1 mi away
5 units
- Affordability period may have ended — call to confirm
Oakland Square Apartments
76 Oakland St, Red Bank, NJ 07701
0.2 mi away
72 units · 12 income-restricted · 1–2 BR
River Street Commons
49 Catherine St, Red Bank, NJ 07701
0.5 mi away
62 units · 61 income-restricted · Studio–1 BR
- Affordability period may have ended — call to confirm
Red Bank Consumer Home
13 Spring St., Red Bank, NJ 07701
0.6 mi away
3 units · 1 BR · People with disabilities
252 Bridge Avenue
252 Bridge Avenue, Red Bank, NJ 07701
0.7 mi away
1 unit
- Affordability period may have ended — call to confirm
254 Bridge Avenue
254 Bridge Avenue, Red Bank, NJ 07701
0.7 mi away
1 unit
- Affordability period may have ended — call to confirm
295 Shrewsbury Ave
295 Shrewsbury Ave, Red Bank, NJ 07701
0.7 mi away
2 units
- Affordability period may have ended — call to confirm
Rents and income limits in 07701
- Fair market rent, 2 bedrooms
- $2,620/mo
- Income needed to pay it at 30% of income
- $104,800/yr
- Renters in 07701 paying 30% or more of income on rent
- 52%
Income limits (2026)
Monmouth-Ocean, NJ area · median family income $140,600. Your household's yearly income before taxes must be at or below the limit.
| People | Extremely low 30% | Very low 50% | Low 80% |
|---|---|---|---|
| 1 | $29,550 | $49,250 | $76,000 |
| 2 | $33,800 | $56,250 | $86,850 |
| 3 | $38,000 | $63,300 | $97,700 |
| 4 | $42,200 | $70,300 | $108,550 |
| 5 | $45,600 | $75,950 | $117,250 |
| 6 | $49,000 | $81,550 | $125,950 |
| 7 | $52,350 | $87,200 | $134,650 |
| 8 | $55,750 | $92,800 | $143,300 |
Section 8 vouchers: up to the 50% limit, and most go to households under 30%. Public housing: up to 80%. Tax-credit apartments: usually up to 60% of median income, between the 50% and 80% columns.
Fair market rents (2027)
HUD's estimate of rent plus utilities for a modest home. Housing authorities set Section 8 voucher limits from it.
| Size | 07701 | Wider area |
|---|---|---|
| Studio | $1,920 | $1,671 |
| 1 bedroom | $2,120 | $1,847 |
| 2 bedrooms | $2,620 | $2,283 |
| 3 bedrooms | $3,360 | $2,927 |
| 4 bedrooms | $3,720 | $3,241 |
Wider area = Monmouth-Ocean, NJ. Two-bedroom fair market rents in 12 nearby ZIPs range from $1,200 (07738) to $3,420 (07702).
Census figures for 07701 (2020–2024 average): median rent $2,019. Median household income $112,143. 35% of homes are rented. 52% of renters pay 30% or more of their income on rent, and 24% pay half or more.
Census median rent is what renters here actually pay, including long-term leases. Fair market rent is HUD's estimate for a modest apartment available now.
Sources: HUD income limits FY2026; HUD Fair Market Rents FY2027 (Small Area FMR for ZIP figures); U.S. Census Bureau American Community Survey 5-year 2020–2024. Each program and building can set its own limits — confirm with the property.
Estimate your Section 8 rent share
Project-based Section 8 is on the buildings above. A Housing Choice Voucher is different: you apply with the housing authority, then find a landlord who takes it. Your share of rent is based on income — not always 30%. The calculator uses 07701's fair market rent.
Estimate your Section 8 rent share for 07701Frequently Asked Questions
How do I apply to Wesleyan Arms?
Call (732) 922-9802 ext. 2106 and ask about applying, vacancies, and waiting lists at Wesleyan Arms in Red Bank, NJ 07701. These records do not show openings.
Is Wesleyan Arms Section 8 housing?
Wesleyan Arms is listed with a HUD-assisted or project-based Section 8 contract. The subsidy stays with the apartment. A Housing Choice Voucher is different — you apply with the housing authority. Confirm the program when you call.
How many units are at Wesleyan Arms?
Public records list 60 units at Wesleyan Arms in Red Bank, NJ 07701. That is a building size, not a count of open apartments.
Are there other affordable apartments near Wesleyan Arms?
Yes — this page lists other income-restricted buildings in 07701 and nearby ZIP codes. Open a nearby card for the address and phone. Lists still do not show vacancies.
People Also Ask
How do I get into Wesleyan Arms?
Call the number on this page and ask about the waiting list or how to apply at Wesleyan Arms in Red Bank, NJ 07701. Public housing is through the housing authority. Bring ID and income documents when they tell you to. This site cannot submit an application for you.
How do I qualify for affordable housing in Red Bank, NJ 07701?
Most income-restricted buildings in Red Bank, NJ 07701 serve households at or below 50% or 80% of area median income. HUD's 2026 very low-income (50%) limit for a 1-person household is $49,250, and $70,300 for a 4-person household. Public housing can go up to 80% ($76,000 for 1 person). Each building sets its own cap — call to confirm before you apply. Citizenship, household size, and local preferences can also apply.
What is the income limit for low-income housing in Red Bank, NJ 07701?
For many programs in Red Bank, NJ 07701, the 2026 HUD very low-income (50%) limit is $49,250 a year for 1 person and $70,300 for 4 people. The low-income (80%) limit is $76,000 for 1 person. Tax-credit buildings often use 60% of median income. Confirm with the property — they can be stricter.
How much rent do you pay for low-income housing in Red Bank, NJ 07701?
In public housing and most Section 8 in Red Bank, NJ 07701, tenants typically pay about 30% of adjusted income. HUD's 2027 fair market rent for a 2-bedroom near Red Bank, NJ 07701 is $2,620 a month (rent plus utilities for a modest unit). Tax-credit apartments use set rents below market, not always 30% of income. Call the building for the actual rent; this site is not a vacancy or price list.
Does Wesleyan Arms take Section 8 vouchers?
Wesleyan Arms is listed with project-based Section 8 or HUD assistance — the subsidy is on the unit, so you usually apply at the building rather than bringing a tenant voucher. Ask when you call whether they also accept Housing Choice Vouchers.
Sources: HUD LIHTC database, 2024 (released Apr 2026); HUD Multifamily Assisted Properties, Oct 2026. Not affiliated with HUD or USDA. Details can be out of date — confirm with the property before applying. Report a correction. To add a different building, use the suggestion rubric.