New Jersey 2021 FHA Loan Limits

Last Updated: Sat, January 2, 2021

Loan Limits in New Jersey

New Jersey has 21 counties with FHA Limits ranging from a low of $356,362 for a 1-bedroom unit in Atlantic County to a high of $1,581,750 for a 4-bedroom unit in Bergen County.

For more details about the loan limits (including FHA Limits, HECM Limits, and Fannie Mae & Freddie Mac loan limits) in any of New Jersey's counties, choose the county from the interactive map or the list below.



Lowest Loan Limit ($685,400)
Highest Loan Limit ($1,581,750)

† Lowest limit for homes with four living-units. There are lower limits for homes with fewer living-units.

Loan Limits by County in New Jersey (21 counties)

County Single Unit Limit (lowest) Four-Plex Limit (highest)
Atlantic County $356,362 $685,400 view details »
Bergen County $822,375 $1,581,750 view details »
Burlington County $431,250 $829,350 view details »
Camden County $431,250 $829,350 view details »
Cape May County $431,250 $829,350 view details »
Cumberland County $356,362 $685,400 view details »
Essex County $822,375 $1,581,750 view details »
Gloucester County $431,250 $829,350 view details »
Hudson County $822,375 $1,581,750 view details »
Hunterdon County $822,375 $1,581,750 view details »
Mercer County $356,362 $685,400 view details »
Middlesex County $822,375 $1,581,750 view details »
Monmouth County $822,375 $1,581,750 view details »
Morris County $822,375 $1,581,750 view details »
Ocean County $822,375 $1,581,750 view details »
Passaic County $822,375 $1,581,750 view details »
Salem County $431,250 $829,350 view details »
Somerset County $822,375 $1,581,750 view details »
Sussex County $822,375 $1,581,750 view details »
Union County $822,375 $1,581,750 view details »
Warren County $372,600 $716,550 view details »

How to qualify for an FHA Loan in New Jersey?

To qualify for an FHA loan in New Jersey, your home loan must be below the local FHA loan limits in your area. For 2021, the maximum loan limit in New Jersey is $356,362 for a single-family home and $1,581,750 for a four-plex. Limits varies by county. The minimum loan limit is $5,000.

Loan limits vary by county and home size. In addition to loan limits, to qualify for an FHA loan you must live in the home as your primary residence. If you're purchasing a multi-family home, the monthly Fair Market Rent (FMR) for the property must exceed 1% of the purchase price. FHA loans cannot be used for commercial real estate investment purposes or "flipping" homes in New Jersey. Additional restricts apply. Click on the New Jersey map above or the table below to see loan limits in your area.


** Document Provided By FHALoans.guide **
Source: https://fhaloans.guide/loan-limits/new-jersey