CARA

SQUARED

Developers of Affordable Housing
Real Estate 

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THIS NEW CONSTRUCTION CONSISTS OF:

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           UNITS                  ESTIMATED SALE PRICE 

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1        STUDIO              $  90,000 

4      ONE BR               $142,000

3       TWO BR             $195,000 - $220,000 

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Our affordable units include these

impressive features and amenities:

 

• Washer Dryer Hook Ups 

• Energy Efficient Stainless Steel Appliances 

• Sophisticated Finishes 

• Central Air & Heating

• Community Patio Area

• Video Conference Remote Door Access

 

Various Transit Options & Neighborhood:

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• Steps Away from Light Rail & Bus Lines

• Community Parks, Restaurants & Cafes 

• Bike Friendly 

 

*Units Do Not Include Private Parking*

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MINIMUM ELIGIBILITY CRITERIA FOR APPLICANTS: 

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• First Time Homebuyers

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• Income Below the Maximum Income Limit Based on Family Size

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Family Size                 Household Income

                                              Must NOT Exceed : 

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1                               $55,250

2                              $63,150                

3                              $71,050           

4                              $78,900

5                              $85,250 

 

•  Down Payment - Must Have Own Funds of at Least 5% of Purchase Price

Downpayment for Two-bedroom: $9,500

Downpayment for One-bedroom: $7,100

Downpayment for Studio: $4,500

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• Minimum Credit Score of 640

No Car Repos

No Bankruptcy - within the past 3 years

No Eviction 

No Judgments

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#affordablehousing #affordablehousingnj

#affordablehousingforall #bayonnenj #hud 

#affordablecondos #forsalebyowner 

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