Parkside Senior Housing

25 Parkside Street, Somerset, New Jersey 08873

🔴 Expiring Imminently

Parkside Senior Housing is a 70-unit multifamily property located at 25 Parkside Street in Somerset, New Jersey 08873. Placed in service in 2011 under the LIHTC program, its 15-year compliance period expires in 2026. This property's compliance period is expiring imminently.

Year-15 Compliance Timeline

EXPIRING IMMINENTLY
Placed in Service
2011
Expiration
2026
2011
2014
2017
2020
2023
2026
⚠️
Compliance expires has expired

This property's 15-year LIHTC compliance period is expiring or has recently expired. The owner may be considering disposition, recapitalization, or Year-15 exit options.

Compliance Period
15 Years
Years Elapsed
15 / 15
Years Since
0
Property Overview
HUD IDNJA20119019
Year Placed in Service2011
Year-15 Expiration2026
Acquisition Status🔴 Expiring Imminently
Unit Breakdown
Total Units70
Low-Income Units70
Low-Income Ratio100%
Tenant demographic data not available for this property.