New Jersey Conventional Loan Limits by County

Conventional FP

Conventional loans use Fannie Mae or Freddie Mac underwriting guidelines. Unlike FHA loan limits, which can vary widely by County based on the area median income, Conventional minimum loan limits are set nationwide by Fannie Mae.

Conventional loan limits can be exceeded if you are buying a multi family home, or if you are buying in a high cost County. Conventional loans allow as little as a 3% to 5% down payment.

County1 UnitDuplexTriplexFourplex
ATLANTIC$424,100$543,000$656,350$815,650
BERGEN$636,150$814,500$984,525$1,223,475
BURLINGTON$424,100$543,000$656,350$815,650
CAMDEN$424,100$543,000$656,350$815,650
CAPE MAY$424,100$543,000$656,350$815,650
CUMBERLAND$424,100$543,000$656,350$815,650
ESSEX$636,150$814,500$984,525$1,223,475
GLOUCESTER$424,100$543,000$656,350$815,650
HUDSON$636,150$814,500$984,525$1,223,475
HUNTERDON$636,150$814,500$984,525$1,223,475
MERCER$424,100$543,000$656,350$815,650
MIDDLESEX$636,150$814,500$984,525$1,223,475
MONMOUTH$636,150$814,500$984,525$1,223,475
MORRIS$636,150$814,500$984,525$1,223,475
OCEAN$636,150$814,500$984,525$1,223,475
PASSAIC$636,150$814,500$984,525$1,223,475
SALEM$424,100$543,000$656,350$815,650
SOMERSET$636,150$814,500$984,525$1,223,475
SUSSEX$636,150$814,500$984,525$1,223,475
UNION$636,150$814,500$984,525$1,223,475
WARREN$424,100$543,000$656,350$815,650
>