New Jersey Administrative Code
Title 10 - HUMAN SERVICES
Chapter 69 - AFDC-RELATED MEDICAID
Subchapter 10 - INCOME
Section 10:69-10.20 - Income from apartments, rooms or housekeeping units in the eligible unit's home
Universal Citation: NJ Admin Code 10:69-10.20
Current through Register Vol. 56, No. 18, September 16, 2024
(a) When the eligible unit is receiving payment from rental of apartments, rooms or housekeeping units, the net income shall be determined by deducting the costs of operation and maintenance from the gross rental income received.
1. The costs of operation and maintenance are
the greater of:
i. The actual costs of
operation and maintenance, if known or subject to determination, or such
reasonable allocation of actual or determined costs as may be indicated
according to the space being rented out; or
ii. The number of rooms, excluding bathrooms,
being rented out multiplied by the applicable monthly cost figure as follows:
(1) With no utilities: $ 23.00;
(2) Including heat only: $ 29.00;
(3) Including all utilities: $
34.00.
2. To
determine the total cost, multiply the monthly cost figure by the number of
rooms in each apartment or housekeeping unit, excluding any room used solely as
a bathroom.
3. Deduct the total
cost from the amount of rental income received by the eligible unit. The
difference is the net income.
i. Rental income
shall be treated as earned income except in those situations where rental
properties are in the hands of rental agencies; in such case, the income shall
be considered as unearned.
(b) When the functions of property management including the collection of rents are performed by a member(s) of the eligible unit, the net is earned income; otherwise it is unearned income.
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