Opening / first-lease date: opening recorded only to the year (2019) in Pennrose[1][3][4] Nears Opening Of All-Affordable Apartment Building In Newark (Bisnow, 2018-09-14) + listing-site year built; the pin sits on the last day of that year. Confidence: low. No ribbon-cutting/opening announcement found. HUD LIHTC record 'Montgomery Heights Phase II' (NJA0000X050) has YR_PIS 9999 (unknown). Agency/developer projection (NJHMFA Jul 2017: completion Oct 2018; Pennrose Sep 2018: complete end of 2018, leasing from Oct 2018). Aggregator listings (ApartmentGuide/ApartmentFinder, via search snippets) give 'built 2019', consistent with a slip of the projection; a Feb 2019 photo caption (prior pass) suggested work still underway. Best estimate: opened/first leased in 2019 (possibly very late 2018). Year-only; not a verified day. Treat as low confidence.
A 154-home affordable family community with approximately 7,000 square feet of neighborhood retail. Subsidized homes require Newark Housing Authority referrals. Property information reviewed October 10, 2026. Published rents: 1 bedroom — operator-listed $1,443, 2 bedroom — operator-listed $1,731.