2025 FHA Loan Limits in New Jersey
If you’re considering buying a home in the Garden State with a loan backed by the Federal Housing Administration (FHA), you need to understand the loan limits in the state. For 2025, the maximum FHA loan limits on single-family homes in New Jersey range from $524,225 to $1,209,750.
FHA loans help homebuyers by offering low minimum down payments and flexible credit requirements compared to conventional loans, but there are loan limits that vary by county. We’ll walk through everything you need to know about qualifying for an FHA loan in New Jersey.
New Jersey FHA loan limits by county
New Jersey single-family FHA loan limits
| County name | One unit | Two units | Three units | Four units | Median sales price |
|---|---|---|---|---|---|
| ATLANTIC | $524,225 | $671,200 | $811,275 | $1,008,300 | $342,000 |
| BERGEN | $1,209,750 | $1,548,975 | $1,872,225 | $2,326,875 | $1,138,000 |
| BURLINGTON | $594,550 | $761,150 | $920,050 | $1,143,400 | $517,000 |
| CAMDEN | $594,550 | $761,150 | $920,050 | $1,143,400 | $517,000 |
| CAPE MAY | $667,000 | $853,900 | $1,032,150 | $1,282,700 | $580,000 |
| CUMBERLAND | $524,225 | $671,200 | $811,275 | $1,008,300 | $219,000 |
| ESSEX | $1,209,750 | $1,548,975 | $1,872,225 | $2,326,875 | $1,138,000 |
| GLOUCESTER | $594,550 | $761,150 | $920,050 | $1,143,400 | $517,000 |
| HUDSON | $1,209,750 | $1,548,975 | $1,872,225 | $2,326,875 | $1,138,000 |
| HUNTERDON | $1,209,750 | $1,548,975 | $1,872,225 | $2,326,875 | $1,138,000 |
| MERCER | $524,225 | $671,200 | $811,275 | $1,008,300 | $365,000 |
| MIDDLESEX | $1,209,750 | $1,548,975 | $1,872,225 | $2,326,875 | $1,138,000 |
| MONMOUTH | $1,209,750 | $1,548,975 | $1,872,225 | $2,326,875 | $1,138,000 |
| MORRIS | $1,209,750 | $1,548,975 | $1,872,225 | $2,326,875 | $1,138,000 |
| OCEAN | $1,209,750 | $1,548,975 | $1,872,225 | $2,326,875 | $1,138,000 |
| PASSAIC | $1,209,750 | $1,548,975 | $1,872,225 | $2,326,875 | $1,138,000 |
| SALEM | $594,550 | $761,150 | $920,050 | $1,143,400 | $517,000 |
| SOMERSET | $1,209,750 | $1,548,975 | $1,872,225 | $2,326,875 | $1,138,000 |
| SUSSEX | $1,209,750 | $1,548,975 | $1,872,225 | $2,326,875 | $1,138,000 |
| UNION | $1,209,750 | $1,548,975 | $1,872,225 | $2,326,875 | $1,138,000 |
| WARREN | $524,225 | $671,200 | $811,275 | $1,008,300 | $350,000 |
How are FHA loan limits determined?
Both the FHA loan limit “floor” and “ceiling” are set each year and are based on conforming loan limits and localized median home prices. Overall, the 2025 loan limits are higher than in 2024 because of home price appreciation.
The FHA loan limit “floor” (or the max loan amount in low-cost areas) is calculated as 65% of the national conforming loan limit. For high-cost areas, the “ceiling” is calculated as 150% of the national conforming loan limit. The ceiling limit for single-family homes in 2025 is $1,209,750.
How to qualify for an FHA loan in New Jersey
To qualify for an FHA loan, you’ll need to satisfy several key requirements — though borrowers with imperfect credit are certainly not excluded here. First, you’ll have to get the home appraised by an FHA-approved appraiser. And, as noted, the size of the loan must fall within the loan limits for your area.
Beyond that, there are the minimum requirements to get an FHA loan:
- Minimum credit score: You must have a credit score of at least 500 to get an FHA loan, though requirements change for those with higher scores.
- Minimum down payment: Applicants with a 580 or higher credit score can qualify for a 3.5% down payment. But those with a score of 500 to 579 need to provide a 10% down payment.
- Clean repayment history: Keep in mind that having things like recent foreclosures, liens or bankruptcies on your credit history can lead to your application being denied.
- Occupancy: You need to live in the home for at least a year, and that has to start within 60 days of signing.
- Debt-to-income (DTI) ratio: Your debt payments can generally only amount to 43% of your income. For instance, if you were to earn $5,000 a month, your debt payments must be under $2,150. However, you may be able to qualify for an FHA loan with a higher DTI ratio as long as you have sufficient cash reserves.
- Verifiable income: Your application must include documentation showing your monthly income in order to qualify. That can include a tax return, bank statements or even pay stubs.
- Mortgage insurance: Two types of FHA mortgage insurance are generally required: an upfront premium of 1.75% of the loan amount, plus an annual insurance premium that ranges from 0.15% to 0.75% of the loan amount.
Buying a multifamily property with an FHA loan
Although you may only think of single-family homes when you hear “FHA loan,” you can actually use it to buy multifamily properties with two to four units, too. So you may still be able to put as little as 3.5% down, depending on your credit score. And, in addition to generally higher loan limits, you can use future rental income to help you qualify for a multifamily FHA loan.
The general requirements for multifamily FHA loans include:
- FHA appraisal
- 500+ credit score
- DTI ratio of 43% of lower
- Living in one of the units for one year
| Number of units | Low-cost FHA loan limit |
|---|---|
| Two | $671,200 |
| Three | $811,275 |
| Four | $1,108,300 |
FHA lenders in New Jersey
Lender | LendingTree rating | Minimum FHA credit score | |
|---|---|---|---|
 | 580 | ||
 | 580 | ||
 | 580 | ||
 | 620 | ||
 | 580 |
