New Jersey 203-b Limit

A 203-b Limit is the dollar limit in each county for how much of a home's value can be used to determine the amount of money you can get from a federally insured HECM reverse mortgage; the name comes from Section 203-b of the National Housing Act. The following table shows the current 203-b limits for each county in the State of New Jersey:

State County HECM Single
Family Limit		 Last Revised
NJWARREN$ 305,66620070101
NJATLANTIC$ 344,85020080101
NJCAMDEN$ 292,68520070101
NJMIDDLESEX$ 362,79020060101
NJSALEM$ 292,68520070101
NJMONMOUTH$ 362,79020060101
NJGLOUCESTER$ 292,68520070101
NJOCEAN$ 362,79020060101
NJMORRIS$ 362,79020060101
NJUNION$ 362,79020060101
NJHUNTERDON$ 362,79020060101
NJBURLINGTON$ 292,68520070101
NJCAPE MAY$ 362,79020060101
NJCUMBERLAND$ 307,80020060101
NJMERCER$ 334,05820060101
NJSUSSEX$ 362,79020060101
NJSOMERSET$ 362,79020060101
NJESSEX$ 362,79020060101
NJPASSAIC$ 362,79020060101
NJHUDSON$ 362,79020060101
NJBERGEN$ 362,79020060101