FairHousingHubLIHTC Expiration Directory

Preakness Commons (A.K.A Nellis Commons)

1111 Chatham Court, Wayne, New Jersey 07470

⬜ Compliance Expired

Preakness Commons (A.K.A Nellis Commons) is a 96-unit multifamily property located at 1111 Chatham Court in Wayne, New Jersey 07470. Placed in service in 1998 under the LIHTC program, its 15-year compliance period expired in 2013.

Year-15 Compliance Timeline

COMPLIANCE PERIOD ENDED
Placed in Service
1998
Expiration
2013
1998
2001
2004
2007
2010
2013
✅
Expired 13 years ago

The 15-year compliance period has ended. The property may have already been repositioned or converted.

Compliance Period
15 Years
Years Elapsed
15 / 15
Years Since
13
Property Overview
HUD IDNJA19980801
Address1111 Chatham Court, Wayne, New Jersey 07470
Year Placed in Service1998
Year-15 Expiration2013
Acquisition Status⬜ Compliance Expired
Unit Breakdown
Total Units96
Low-Income Units48
Low-Income Ratio50%
Tenant demographic data not available for this property.