New Jersey 2023 FHA Loan Limits

Last Updated: Mon, January 2, 2023

Loan Limits in New Jersey

New Jersey has 21 counties with FHA Limits ranging from a low of $472,030 for a 1-bedroom unit in Atlantic County to a high of $2,095,200 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 ($907,900) †

Highest Loan Limit ($2,095,200)

† 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	$472,030	$907,900	view details »
Bergen County	$1,089,300	$2,095,200	view details »
Burlington County	$529,000	$1,017,300	view details »
Camden County	$529,000	$1,017,300	view details »
Cape May County	$548,550	$1,054,900	view details »
Cumberland County	$472,030	$907,900	view details »
Essex County	$1,089,300	$2,095,200	view details »
Gloucester County	$529,000	$1,017,300	view details »
Hudson County	$1,089,300	$2,095,200	view details »
Hunterdon County	$1,089,300	$2,095,200	view details »
Mercer County	$472,030	$907,900	view details »
Middlesex County	$1,089,300	$2,095,200	view details »
Monmouth County	$1,089,300	$2,095,200	view details »
Morris County	$1,089,300	$2,095,200	view details »
Ocean County	$1,089,300	$2,095,200	view details »
Passaic County	$1,089,300	$2,095,200	view details »
Salem County	$529,000	$1,017,300	view details »
Somerset County	$1,089,300	$2,095,200	view details »
Sussex County	$1,089,300	$2,095,200	view details »
Union County	$1,089,300	$2,095,200	view details »
Warren County	$472,030	$907,900	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 2023, the maximum loan limit in New Jersey is $472,030 for a single-family home and $2,095,200 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.

New Jersey 2023 FHA Loan Limits

Loan Limits in New Jersey

Loan Limits by County in New Jersey (21 counties)

How to qualify for an FHA Loan in New Jersey?

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