What Locals Say about Colts Neck. Just 45 miles south of New York City, Colts Neck is very … Home Appreciation is up 0.5% in the last 12 months. About The Grande at Colts Neck. 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. AFFORDABLE HOUSING APPLICATION – COLTS NECK TOWNSHIP. 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. 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. Explore Neighborhoods in Colts Neck, NJ. The trend for median days on market in Colts Neck, NJ has gone up since last month. * 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? 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. 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. ft.) lot listed for sale on. 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 … nj.com/tips. View floor plans, amenities and photos to find the best senior living option for you! 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. 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. “I’m not going to pile on Colts Neck,” Bertrand said. 2 Homes For You. Nearby Real Estate. Explore The Grande at Colts Neck in Colts Neck, NJ. So Kushner sues poor township, Freehold, to pay for expanding its sewers to accommodate its latest project. View More Data > Reviews for Colts Neck 0 Reviews. Colts Neck Affordable Housing Rental $1,112/month. 64 Montrose Rd , Colts Neck, NJ 07722 is a vacant lot listed for-sale at $2,750,000. Kushner sought permission to connect to Freehold’s sewer lines and use the Manasquan River Regional Sewage Authority treatment plant in Farmingdale. There are 4,869 male residents living in Colts Neck and 5,225 female residents. Must be income qualified, docs … 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. We will soon provide other points, such as Colts Neck Township has several affordable housing units available in The Grande section of town. There are 153 homes for sale, ranging from $1.5K to $9.3M. The median sale price was $999.5K. “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. 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 Please support local journalism. View our exclusive listings of Colts Neck homes and connect with an agent today. INCOME REQUIREMENTS AND HOUSING AVAILABILITY – COLTS NECK TOWNSHIP. Are you planning to relocate to or invest in Colts Neck Township New Jersey? Highlights - The median age of a home in Holmdel is 25.0% younger than the median age of a home in Colts Neck. Morganville. “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.”. 1 Home For You. “Colts neck has made no effort to provide water and sewer to its affordable housing communities,” Freehold’s claim states. Additionally, there are 3 rentals, with a range of $2.3K to $8.5K per month. 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). Homes in Colts Neck, NJ sold for approximately the asking price on average in November 2020. This was a rate of over 500 acres per year. © 2020 Advance Local Media LLC. Let Apartment Finder guide you in the process of finding your new home and getting a great deal! 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