Housing Market in Colts Neck. Additionally, there are 3 rentals, with a range of $2.3K to $8.5K per month. A Kushner subsidiary, Colts Neck Building Associates LLC, want to develop a vacant patch of land between Monmouth County Route 537 and the Yellow Brook into a 360-unit apartment complex, including 72 affordable units.Google. The median sale price was $999.5K. Home Appreciation is up 0.5% in the last 12 months. Are you planning to relocate to or invest in Colts Neck Township New Jersey? AFFORDABLE HOUSING APPLICATION – COLTS NECK TOWNSHIP. Morganville. Freehold, in turn, has filed a counter-claim bringing Colts Neck into the lawsuit, charging the toney township with shirking its responsibility to provide affordable housing for baristas, teachers and firefighters by trying to force Freehold and other nearby communities to pay for the $40 million in infrastructure necessary to accommodate it. There are 31 zip codes in or around Colts Neck. Boldface names who have called Colts Neck home include Jon Stewart, Queen Latifah and Bruce Springsteen. Kushner sought permission to connect to Freehold’s sewer lines and use the Manasquan River Regional Sewage Authority treatment plant in Farmingdale. Colts Neck Mayor Frank Rizzuto did not respond to calls. The defendants include the sewage authority and its five member-municipalities: the townships of Freehold, Wall and Howell, and the boroughs of Freehold and Farmingdale. Colts Neck is one of dozens of New Jersey communities that have been ordered to present plans for improved affordable housing options following the lawsuit by the Fair Share Housing Center. View more property details, sales history and … Learn about the Colts Neck, NJ housing market through trends and averages. Sure. On YouthfulHome portal you'll find an incredibly-detailed Colts Neck Township city guide! Choose from 379 apartments for rent in Colts Neck, New Jersey by comparing verified ratings, reviews, photos, videos, and floor plans. Muñoz said nothing is scheduled for the case at this point. Central air, W/D, community pool, playground, excellent schools. See Homes in Neighborhoods Near Colts Neck, NJ. “Colts Neck’s lack of available sewer is both a self-created hardship and deliberately aimed at frustrating the production of affordable housing within its borders unless the affordable housing developers obtain utilities from others.”. With a population of 9,878, 1,560 total housing units (homes and apartments), and a median house value of $866,005, Colts Neck house prices are not only among the most expensive in New Jersey, Colts Neck real estate also is … The maximum amount a voucher would pay on behalf of a low-income tenant in Colts Neck, New Jersey for a two-bedroom apartment is between $1,487 and $1,817. The acres ( sq. On average, Section 8 Housing Choice vouchers pay Colts Neck landlords $0 per month towards rent. Home values in Colts Neck, NJ. The trend for median days on market in Colts Neck, NJ has gone up since last month. Here are the best public schools in Colts Neck, NJ: You can find dozens of grocery stores, and hundreds of cafes and restaurants in Colts Neck, NJ. 2020 Compare Cities Housing: Holmdel, NJ vs Colts Neck, NJ Change Cities. We provide a cost calculator, pricing tools, and more so … Explore Neighborhoods in Colts Neck, NJ. Registration on or use of this site constitutes acceptance of our User Agreement, Privacy Policy and Cookie Statement, and Your California Privacy Rights (each updated 1/1/20). © 2020 Advance Local Media LLC. The developer, which has offices in Florham Park and New York City, was formerly headed by President Donald Trump’s son-in-law, Jared Kushner. 1 total homes available. There are 108 active homes for sale in Colts Neck, NJ, which spend an average of 93 days on the market. See homes for sale. In November 2020, the median list price of homes in Colts Neck, NJ was $979K, trending up 6% year-over-year. Our free service analyze millions of home sales to find the perfect agent for you. In addition to limited jobs and transportation, Colts Neck’s rural/open space character, lack of sewers, and abundance of environmentally sensitive streams and wetlands were cited as reasons the township is ill-suited for high-density affordable housing. Colts Neck have low crime risk, and homes with large lots. The affordable rents would range from $591 a month for a 1-bedroom apartment leased to a very low-income individual earning a maximum of $22,941 a year, to $1,638 a month for a 3-bedroom unit for moderate-income family of five making up to $117,981, according to a township affordable housing plan adopted this year that includes the Kushner project. On average, homes in Colts Neck, NJ sell after 86 days on the market. “I’m not going to pile on Colts Neck,” Bertrand said. Colts Neck has a fair share housing problem in that it must find a way to accommodate approximately 550 affordable housing units, this in a community consistently regarded as one of the wealthiest in New Jersey with a median family income of $168,000 per year. Most homes in Colts Neck have septic tanks. Browse Homes in this Range. There are 4,869 male residents living in Colts Neck and 5,225 female residents. Colts Neck added 834 housing units, 3,642 residents and from 1960 to 1969 lost 4,520 acres or almost 33% of its farmland. It was unclear why Kushner did not sue Colts Neck Township to provide water and sewer service for the project. Brian Brach, the MRRSA’s executive director, declined to comment, as did Farmingdale’s borough attorney, Dave Clark. I guess they figured Colts Neck … There are 107 homes for sale, ranging from $1.5K to $7.8M. Colts Neck exudes an air of tranquility, touting vast stretches of open fields, forests, and farmland. “In general, state law allows something like this as a matter of course,” Campisi said. 2 Homes For You. Francine Cherchio, Neighbor. But Freehold has denied the request, asserting its lines lacked the capacity to serve the Colts Neck project, in part because Freehold has its own high-density, affordable housing developments to serve. View pictures of homes, review sales history, and use our detailed filters to find the perfect place. In response, Freehold Township filed a crossclaim bringing Colts Neck Township into the suit, accusing its wealthy neighbor of forcing other municipalities to pay for its affordable housing obligation through its failure to provide public water and sewer lines. Nearby Real Estate. Browse Colts Neck Real Estate The median home price in Colts Neck is $724,900. Located in mixed SF condo community in Colts Neck. The total number of households is 3,305 with 3 people per household on average.The median age of the current population is 45 with 5,188 people being married and 2,906 being single. Find affordable housing and low income apartments in Colts Neck, NJ, easy and free application, apply instantly on RentalHousingDeals.com Colts Neck, NJ hosts 4 public schools rated good and higher by GreatSchools. Steve Strunsky may be reached at sstrunsky@njadvancemedia.com. One of the state’s wealthiest communities, its less affluent neighbor, and the Kushner development company are entangled in a legal triangle in Monmouth County. The application can be found on the township website , and is attached to this article. So township officials approved the Kushner project as part of its affordable housing plan contingent on the developer’s securing services from outside the township, according to court documents and the plan. See all 117 Senior Housing and Senior Living options in Colts Neck, NJ currently available for rent. INCOME REQUIREMENTS AND HOUSING AVAILABILITY – COLTS NECK TOWNSHIP. A Kushner spokeswoman, Karan Zabarsky, did call NJ Advance Media in response to inquiries this week, but then failed to provide answers to questions about the project and the litigation. Low Income Housing and Subsidized Apartments in Colts Neck, NJ Below is the listing of 10 affordable apartments and low-income housing in Colts Neck, NJ. In addition to the project’s 288 market-rate apartments, it would also include 72 affordable units reserved for tenants with moderate, low, and very low incomes, categories based on median family incomes in the surrounding area. Colts Neck is a city in New Jersey and consists of 31 zip codes. Rich township, Colts Neck, has to meet affordable housing requirements, but has no sewers, etc., to connect to and refuses to build such infrastructure. To find the perfect home in Colts Neck, you can research the current market trends and home values, what schools and school districts are in the area, and what homes are on the market all on realtor.com®. An affordable housing lawyer for the township, Thomas Trautner, declined to comment. But a spokesman for the Fair Share Housing Center, Anthony Campisi, said the regional obligation was implicit in the New Jersey Fair Housing Act. So Kushner sued, asserting in its Sept. 11 lawsuit in state Superior Court that Freehold and other nearby communities that share the treatment plant have a “constitutional obligation” to help their regional neighbor Colts Neck meet its state-mandated affordable housing obligation. Officials from Freehold Borough, Howell and Wall did not respond to requests for comment this week. Colts Neck Housing Market Information. Have a tip? Morganville. 07722 has a median listing price of $979K, making it the most expensive zip code. Colts Neck, NJ Income Restricted Apartments for Rent. Living in Colts Neck, NJ. All. Subscribe today », Steve Strunsky | NJ Advance Media for NJ.com, President Donald Trump’s son-in-law, Jared Kushner, Colts Neck location of the Trump National Golf Club, satisfy a third of the township’s obligation. View our exclusive listings of Colts Neck homes and connect with an agent today. Explore Neighborhoods in Colts Neck, NJ. You'll discover Colts Neck Township's demographics, real estate trends, cost of living and other key statistics! Tell us. “Colts neck has made no effort to provide water and sewer to its affordable housing communities,” Freehold’s claim states. Ideally located on-base at Naval Weapons Station Earle in Colts Neck, NJ, NWS Earle Homes is a residential community offering a variety of rental home styles to active duty Navy families assigned to the base. Even so, like other New Jersey municipalities, Colts Neck still has an obligation to provide affordable housing under the New Jersey Fair Housing Act of 1985 and a set of legal precedents known as the Mount Laurel Doctrine, obligations enforced mainly through lawsuits by the Fair Share Housing Center, a non-profit advocacy group. Colts Neck Affordable Housing Rental $1,112/month. Community Rules apply to all content you upload or otherwise submit to this site. It's a good time to buy in Colts Neck. Colts Neck is a city in New Jersey and consists of 31 zip codes. The plan now includes the Kushner project, which accounts for one-third of Colts Neck Township’s total obligation of 549 affordable units. Note to readers: if you purchase something through one of our affiliate links we may earn a commission. “Everybody’s in the same boat.”. See Local Highlights. “Affordable housing is a regional obligation” and towns near those sites have a “constitutional obligation” to cooperate in satisfying those requirements, states the lawsuit, whose plaintiff is a Kushner subsidiary known as Colts Neck Building Associates LLC. Marlboro-Coltsneck, NJ | Local Classified | Housing | Sep 19. Don't Neglect These 6 Maintenance Tasks - Or Else, Debunked! Highlights - The median age of a home in Holmdel is 25.0% younger than the median age of a home in Colts Neck. Follow him on Twitter @SteveStrunsky. View floor plans, amenities and photos to find the best senior living option for you! Over the next 40 years the total acreage of farmland in production decreased by another 4,587 acres to a total of 4,964 acres The plaintiff owns property on Route 537 in Colts Neck that is planned to be developed with as many as 360 residential units, included 72 units to be designated as affordable housing. Colts Neck Rental. Colts Neck is an area in Jersey Shore,Monmouth County,New Jersey with a population of 10,094. Must be income qualified, docs … Municipal officials said Colts Neck’s obligation in 2016, according to the Fair Share Housing Center, was 2,765 total units (2,212 market rate units and 553 affordable housing units). The median listing price per square foot was $253. 8 Myths About Renting You Should Stop Believing Immediately, 6 Ways Home Buyers Mess Up Getting A Mortgage, 6 Reasons You Should Never Buy Or Sell A Home Without An Agent, Difference Between Agent, Broker & Realtor, Real Estate Agents Reveal the Toughest Home Buyers They've Ever Met, The 5 Maintenance Skills All Homeowners Should Know. 2 Bdrms, $1112/MO Affordable Housing Moderate Income Rental. Colts Neck is a terrific choice for your new apartment. Buy: $650k - $2.7m. Morganville. parks and gyms. Kushner wants to build a 360-unit rental complex on County Route 537 just east of Route 18 and the Freehold border, across the road from Five Points Park and Colts Neck High School. The Kushner project would satisfy a third of the township’s obligation. 64 Montrose Rd , Colts Neck, NJ 07722 is a vacant lot listed for-sale at $2,750,000. While the project would construct 72 affordable units, it would count for twice that number, or 144 units, thanks to 72 bonus credits it’s eligible for as a rental project. We will soon provide other points, such as Let Apartment Finder guide you in the process of finding your new home and getting a great deal! 55 single family homes for sale in Colts Neck Township NJ. Holmdel Housing Options Homes For Sale Multi-Family Homes Condo TownHome or Row Home. Freehold’s filing, drafted by Township Attorney Robert Muñoz, asserts that if the project must connect to Freehold’s sewer system, then Colts Neck Township should have to pay the $4 million cost of expanding Freehold’s lines, and another $37 million to increase capacity at the MRRSA plant. See homes for sale. “In essence, Colts Neck seeks to satisfy its affordable housing on the backs of its neighbors,” states an Oct. 28 filing with the court, combining an answer to the suit, a crossclaim and third-party complaint. Homes in Colts Neck, NJ sold for approximately the asking price on average in November 2020. nj.com/tips. Please subscribe today to NJ.com. 2 total homes available. Accused Colts Neck killer's violent streak may go back decades The New Jersey man accused of slaughtering his brother’s family before setting their … Our journalism needs your support. The average voucher holder contributes $0 towards rent in Colts Neck. 1 Home For You. From pricing to features, the professional leasing team is ready to help you find your perfect floorplan. For further information, contact the Planning/Zoning Office at Town Hall – 732-462-5470, x 119 or 114. What Locals Say about Colts Neck. $945K. See Local Highlights. Colts Neck Township is a township in Monmouth County, New Jersey, United States.It is located in the New York Metropolitan Area.As of the 2010 United States Census, the population was 10,142, reflecting a decline of 2,189 (-17.8%) from the 12,331 counted in the 2000 Census, which had in turn increased by 3,772 (+44.1%) from the 8,559 counted in the 1990 Census. It’s this tranquil atmosphere, paired with its excellent schools and central locale, that make Colts Neck a highly sought-after community for many families. Explore The Grande at Colts Neck in Colts Neck, NJ. Lawyers at Giordano Halleran & Ciesla, the firm handling the case for Kushner, would not comment on the case. View More Data > Reviews for Colts Neck 0 Reviews. their affordable housing obligation. The Township of Colts Neck has never installed public water or sewer lines. This was a rate of over 500 acres per year. The Kushner complaint does not cite a legal precedent or statute establishing that a municipality is obligated to help a regional neighbor meet its affordable housing obligation even when there is a substantial cost involved. Discover more Colts Neck listings for open houses, price reduced, foreclosures, recently sold, new home communities, and new home construction. A Colts Neck location of the Trump National Golf Club chain lies two miles up Route 537 from Kushner’s site. See Homes in Neighborhoods Near Colts Neck, NJ. * School data provided by National Center for Education Statistics, Pitney Bowes, and, Home Buyers Reveal: 'What I Wish I Had Known Before Buying My First Home, Selling Your Home? ft.) lot listed for sale on. Wyckoff Mills is the most affordable zip code, with a median listing price of $275.5K. A community located in central New Jersey, Colts Neck is known for its horse farming history, spacious homes, lovely small town atmosphere, and position along the Jersey Shore. Buy: $2.7m. Some apartments listed here will require prospective residents to meet income eligibility requirements and other guidelines specific to a housing authority, and other properties will be open to all residents needing affordable housing. Homes for sale in Colts Neck, NJ have a median listing price of $985,000. We also have select homes available to rent to qualified military … Rather, the complaint against the MRRSA and its member-municipalities simply states, “Colts Neck does not provide public sewer or water service.". Dog Owners. Kushner is suing Freehold Township to make its water and sewer lines available for high-density apartment complex with an affordable component just across the border in Colts Neck. There are 153 homes for sale, ranging from $1.5K to $9.3M. The case against the MRRSA and its members is not the first time Kushner has taken legal action involving the Route 537 project. Located in Colts Neck's 07722 area, living at this community offers a variety of nearby experiences. Colts Neck Township has several affordable housing units available in The Grande section of town. Wall Township Administrator Jeffrey Bertrand said the struggle to provide affordable housing was common to most municipalities in the state. There are 107 homes for sale in Colts Neck, NJ, 2 of which were newly listed within the last week. OPEN HOUSE 9/13 and 9/20 from 1-4. Currently we cannot show amenities in Colts Neck, NJ. In 2015, the company sued successfully to have the project included in the township’s affordable housing plan, and to change the site’s zoning to permit high-density housing rather than single-family homes. Typically, Colts Neck’s single-family homes, horse farms, schools and limited commercial areas have made do with their own water wells, septic systems or private treatment plants, a situation that up to now has allowed the township to avoid a rush of high-density development. So Kushner sues poor township, Freehold, to pay for expanding its sewers to accommodate its latest project. Learn about the Colts Neck, NJ housing market through trends and averages. The purpose of this Housing Element and Fair Share Plan (hereinafter the “Plan”) is to present how the Township of Colts Neck will satisfy its constitutional obligation. Morganville. The material on this site may not be reproduced, distributed, transmitted, cached or otherwise used, except with the prior written permission of Advance Local. Luxury Home For Sale 4 Squan Song Lane in Colts Neck NJ. Come by to check out the apartment floorplan options. Bertrand said he was familiar with the argument that Colts Neck was trying to force its neighbors to foot the bill for its affordable housing infrastructure, but he declined to make it himself. Colts Neck, NJ is a buyer's market in November 2020, which means that the supply of homes is greater than the demand for homes. Affordable housing in New Jersey is defined as housing units which are reserved for households with Search for luxury real estate in Colts Neck with Sotheby's International Realty. Colts Neck’s median family income was $167,480 a year in 2019, the fifth highest in New Jersey, and more than double the statewide average. Affordable housing units at the moderate and low income limits are available. Just 45 miles south of New York City, Colts Neck is very … All rights reserved (About Us). About The Grande at Colts Neck. Please support local journalism. 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