Hamilton Ridge Homes are meant for people and households living on limited incomes. To find out if you qualify for one of our New Homes, follow the steps below.
Using the table below, find the row for your household size, and then find your annual household income in that row. Your annual household income is a combined total of members of your household who are 18 years or older and currently work. The number of Household members means the number of full and part time persons who will live in this house, including you. Income means "gross" as shown on each W-2 in box 1.
Then look at the top of that column to find your percentage number. Your percentage number measures your income in comparison to the Area Media Income of a Household family of your size in the Passaic County area. You may want to write down your percentage number to remember it.
Income Guidelines for the Passaic County area
|Household Size||50% of Area Median Income||80% of Area Median Income|
|1||Less than or equal to $35,850||Less than or equal to $51,550|
|2||Less than or equal to $40,950||Less than or equal to $58,900|
|3||Less than or equal to $46,050||Less than or equal to $66,250|
|4||Less than or equal to $51,150||Less than or equal to $73,600|
|5||Less than or equal to $55,250||Less than or equal to $79,500|
|6||Less than or equal to $59,350||Less than or equal to $85,400|
|7||Less than or equal to $63,450||Less than or equal to $91,300|
|8||Less than or equal to $67,550||Less than or equal to $97,200|
If your answer is either 50% of Area Median Income or 80% of Area Median Income, then you may qualify for a New Home at Hamilton Ridge Homes.
Please phone 973-810-0019 today to schedule and appointment.