Living in Colts Neck, NJ. View pictures of homes, review sales history, and use our detailed filters to find the perfect place. 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®. We also have select homes available to rent to qualified military … Morganville. Homes for sale in Colts Neck, NJ have a median listing price of $985,000. Are you planning to relocate to or invest in Colts Neck Township New Jersey? So Kushner sues poor township, Freehold, to pay for expanding its sewers to accommodate its latest project. Colts Neck have low crime risk, and homes with large lots. But a spokesman for the Fair Share Housing Center, Anthony Campisi, said the regional obligation was implicit in the New Jersey Fair Housing Act. There are 107 homes for sale, ranging from $1.5K to $7.8M. There are 153 homes for sale, ranging from $1.5K to $9.3M. Morganville. Just 45 miles south of New York City, Colts Neck is very … Please subscribe today to NJ.com. It's a good time to buy in Colts Neck. You'll discover Colts Neck Township's demographics, real estate trends, cost of living and other key statistics! Colts Neck Mayor Frank Rizzuto did not respond to calls. 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. Please support local journalism. Colts Neck Affordable Housing Rental $1,112/month. There are 31 zip codes in or around Colts Neck. Colts Neck is an area in Jersey Shore,Monmouth County,New Jersey with a population of 10,094. Steve Strunsky may be reached at firstname.lastname@example.org. Colts Neck Rental. The material on this site may not be reproduced, distributed, transmitted, cached or otherwise used, except with the prior written permission of Advance Local. The application can be found on the township website , and is attached to this article. 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. From pricing to features, the professional leasing team is ready to help you find your perfect floorplan. On average, Section 8 Housing Choice vouchers pay Colts Neck landlords $0 per month towards rent. View More Data > Reviews for Colts Neck 0 Reviews. 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 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. 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. 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. 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. 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. 1 Home For You. View our exclusive listings of Colts Neck homes and connect with an agent today. OPEN HOUSE 9/13 and 9/20 from 1-4. Our free service analyze millions of home sales to find the perfect agent for you. 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. See all 117 Senior Housing and Senior Living options in Colts Neck, NJ currently available for rent. 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. Explore Neighborhoods in Colts Neck, NJ. Luxury Home For Sale 4 Squan Song Lane in Colts Neck NJ. Buy: $650k - $2.7m. Come by to check out the apartment floorplan options. Explore Neighborhoods in Colts Neck, NJ. Housing Market in Colts Neck. 07722 has a median listing price of $979K, making it the most expensive zip code. Tell us. Homes in Colts Neck, NJ sold for approximately the asking price on average in November 2020. The acres ( sq. “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. 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. Currently we cannot show amenities in Colts Neck, NJ. Browse Colts Neck Real Estate The median home price in Colts Neck is $724,900. Discover more Colts Neck listings for open houses, price reduced, foreclosures, recently sold, new home communities, and new home construction. On average, homes in Colts Neck, NJ sell after 86 days on the market. “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.”. The Kushner project would satisfy a third of the township’s obligation. We provide a cost calculator, pricing tools, and more so … Learn about the Colts Neck, NJ housing market through trends and averages. 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. Browse Homes in this Range. Colts Neck, NJ hosts 4 public schools rated good and higher by GreatSchools. 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. All rights reserved (About Us). 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. “In general, state law allows something like this as a matter of course,” Campisi said. The Township of Colts Neck has never installed public water or sewer lines. 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. Located in mixed SF condo community in Colts Neck. 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. Colts Neck Township has several affordable housing units available in The Grande section of town. In November 2020, the median list price of homes in Colts Neck, NJ was $979K, trending up 6% year-over-year. Colts Neck, NJ Income Restricted Apartments for Rent. Rich township, Colts Neck, has to meet affordable housing requirements, but has no sewers, etc., to connect to and refuses to build such infrastructure. $945K. Morganville. The case against the MRRSA and its members is not the first time Kushner has taken legal action involving the Route 537 project. Kushner sought permission to connect to Freehold’s sewer lines and use the Manasquan River Regional Sewage Authority treatment plant in Farmingdale. Affordable housing in New Jersey is defined as housing units which are reserved for households with See Local Highlights. 2020 Compare Cities Housing: Holmdel, NJ vs Colts Neck, NJ Change Cities. nj.com/tips. AFFORDABLE HOUSING APPLICATION – COLTS NECK TOWNSHIP. 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 … An affordable housing lawyer for the township, Thomas Trautner, declined to comment. Colts Neck is a city in New Jersey and consists of 31 zip codes. 2 Homes For You. I guess they figured Colts Neck … 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. There are 108 active homes for sale in Colts Neck, NJ, which spend an average of 93 days on the market. Have a tip? 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. “Everybody’s in the same boat.”. Francine Cherchio, Neighbor. 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. Brian Brach, the MRRSA’s executive director, declined to comment, as did Farmingdale’s borough attorney, Dave Clark. The median sale price was $999.5K. 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. Our journalism needs your support. The plan now includes the Kushner project, which accounts for one-third of Colts Neck Township’s total obligation of 549 affordable units. 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. Find NJ.com on Facebook. Don't Neglect These 6 Maintenance Tasks - Or Else, Debunked! View floor plans, amenities and photos to find the best senior living option for you! Nearby Real Estate. See Homes in Neighborhoods Near Colts Neck, NJ. 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. 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. View more property details, sales history and … 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. Sure. Colts Neck is a terrific choice for your new apartment. 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). Follow him on Twitter @SteveStrunsky. © 2020 Advance Local Media LLC. Community Rules apply to all content you upload or otherwise submit to this site. 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. Colts Neck exudes an air of tranquility, touting vast stretches of open fields, forests, and farmland. Morganville. Marlboro-Coltsneck, NJ | Local Classified | Housing | Sep 19. Rather, the complaint against the MRRSA and its member-municipalities simply states, “Colts Neck does not provide public sewer or water service.". Choose from 379 apartments for rent in Colts Neck, New Jersey by comparing verified ratings, reviews, photos, videos, and floor plans. 64 Montrose Rd , Colts Neck, NJ 07722 is a vacant lot listed for-sale at $2,750,000. Note to readers: if you purchase something through one of our affiliate links we may earn a commission. Wyckoff Mills is the most affordable zip code, with a median listing price of $275.5K. This was a rate of over 500 acres per year. ft.) lot listed for sale on. 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 … 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. 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. Officials from Freehold Borough, Howell and Wall did not respond to requests for comment this week. Home values in Colts Neck, NJ. parks and gyms. 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. Located in Colts Neck's 07722 area, living at this community offers a variety of nearby experiences. 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. Buy: $2.7m. 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