1 Home For You. Note to readers: if you purchase something through one of our affiliate links we may earn a commission. Wall Township Administrator Jeffrey Bertrand said the struggle to provide affordable housing was common to most municipalities in the state. Browse Colts Neck Real Estate The median home price in Colts Neck is $724,900. Explore Neighborhoods in Colts Neck, NJ. This was a rate of over 500 acres per year. Home Appreciation is up 0.5% in the last 12 months. “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.”. “I’m not going to pile on Colts Neck,” Bertrand said. 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. Rather, the complaint against the MRRSA and its member-municipalities simply states, “Colts Neck does not provide public sewer or water service.". Muñoz said nothing is scheduled for the case at this point. Most homes in Colts Neck have septic tanks. Currently we cannot show amenities in Colts Neck, NJ. Come by to check out the apartment floorplan options. Morganville. Homes in Colts Neck, NJ sold for approximately the asking price on average in November 2020. You'll discover Colts Neck Township's demographics, real estate trends, cost of living and other key statistics! There are 153 homes for sale, ranging from $1.5K to $9.3M. View our exclusive listings of Colts Neck homes and connect with an agent today. Wyckoff Mills is the most affordable zip code, with a median listing price of $275.5K. 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. See all 117 Senior Housing and Senior Living options in Colts Neck, NJ currently available for rent. Sure. We will soon provide other points, such as 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. 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. The case against the MRRSA and its members is not the first time Kushner has taken legal action involving the Route 537 project. Colts Neck, NJ hosts 4 public schools rated good and higher by GreatSchools. 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. Find affordable housing and low income apartments in Colts Neck, NJ, easy and free application, apply instantly on RentalHousingDeals.com I guess they figured Colts Neck … Please subscribe today to NJ.com. Colts Neck exudes an air of tranquility, touting vast stretches of open fields, forests, and farmland. 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. Colts Neck is a city in New Jersey and consists of 31 zip codes. 2020 Compare Cities Housing: Holmdel, NJ vs Colts Neck, NJ Change Cities. 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. 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. Luxury Home For Sale 4 Squan Song Lane in Colts Neck NJ. Colts Neck is a terrific choice for your new apartment. Explore Neighborhoods in Colts Neck, NJ. Dog Owners. 55 single family homes for sale in Colts Neck Township NJ. 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. Brian Brach, the MRRSA’s executive director, declined to comment, as did Farmingdale’s borough attorney, Dave Clark. Additionally, there are 3 rentals, with a range of $2.3K to $8.5K per month. 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. View pictures of homes, review sales history, and use our detailed filters to find the perfect place. 2 Homes For You. All rights reserved (About Us). 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 … INCOME REQUIREMENTS AND HOUSING AVAILABILITY – COLTS NECK TOWNSHIP. Holmdel Housing Options Homes For Sale Multi-Family Homes Condo TownHome or Row Home. “In general, state law allows something like this as a matter of course,” Campisi said. The application can be found on the township website , and is attached to this article. Colts Neck have low crime risk, and homes with large lots. Tell us. Colts Neck Township has several affordable housing units available in The Grande section of town. Colts Neck Rental. * 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? Follow him on Twitter @SteveStrunsky. Have a tip? There are 107 homes for sale in Colts Neck, NJ, 2 of which were newly listed within the last week. Please support local journalism. 1 total homes available. 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. Housing Market in Colts Neck. 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). See Homes in Neighborhoods Near Colts Neck, NJ. See Local Highlights. In November 2020, the median list price of homes in Colts Neck, NJ was $979K, trending up 6% year-over-year. 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. See Local Highlights. Our journalism needs your support. 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. 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 … There are 4,869 male residents living in Colts Neck and 5,225 female residents. AFFORDABLE HOUSING APPLICATION – COLTS NECK TOWNSHIP. 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. Our free service analyze millions of home sales to find the perfect agent for you. The median listing price per square foot was $253. Community Rules apply to all content you upload or otherwise submit to this site. “Colts neck has made no effort to provide water and sewer to its affordable housing communities,” Freehold’s claim states. Browse Homes in this Range. Boldface names who have called Colts Neck home include Jon Stewart, Queen Latifah and Bruce Springsteen. On average, homes in Colts Neck, NJ sell after 86 days on the market. “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. Colts Neck Housing Market Information. Morganville. nj.com/tips. 2 Bdrms, $1112/MO Affordable Housing Moderate Income Rental. Buy: $650k - $2.7m. Colts Neck added 834 housing units, 3,642 residents and from 1960 to 1969 lost 4,520 acres or almost 33% of its farmland. 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. Buy: $2.7m. 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. Learn about the Colts Neck, NJ housing market through trends and averages. Affordable housing units at the moderate and low income limits are available. 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. 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. 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. 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. A Colts Neck location of the Trump National Golf Club chain lies two miles up Route 537 from Kushner’s site. The median sale price was $999.5K. Highlights - The median age of a home in Holmdel is 25.0% younger than the median age of a home in Colts Neck. 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. Discover more Colts Neck listings for open houses, price reduced, foreclosures, recently sold, new home communities, and new home construction. The Kushner project would satisfy a third of the township’s obligation. The acres ( sq. Lawyers at Giordano Halleran & Ciesla, the firm handling the case for Kushner, would not comment on the case. There are 31 zip codes in or around Colts Neck. Search for luxury real estate in Colts Neck with Sotheby's International Realty. 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 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. It's a good time to buy in Colts Neck. 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. 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. © 2020 Advance Local Media LLC. We provide a cost calculator, pricing tools, and more so … Home values in Colts Neck, NJ. The average voucher holder contributes $0 towards rent in Colts Neck. Colts Neck, NJ Income Restricted Apartments for Rent. About The Grande at Colts Neck. Explore The Grande at Colts Neck in Colts Neck, NJ. There are 107 homes for sale, ranging from $1.5K to $7.8M. View More Data > Reviews for Colts Neck 0 Reviews. What Locals Say about Colts Neck. Let Apartment Finder guide you in the process of finding your new home and getting a great deal! An affordable housing lawyer for the township, Thomas Trautner, declined to comment. On average, Section 8 Housing Choice vouchers pay Colts Neck landlords $0 per month towards rent. 2 total homes available. Nearby Real Estate. 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. Learn about the Colts Neck, NJ housing market through trends and averages. Officials from Freehold Borough, Howell and Wall did not respond to requests for comment this week. Don't Neglect These 6 Maintenance Tasks - Or Else, Debunked! See homes for sale. See Homes in Neighborhoods Near 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. Located in mixed SF condo community in Colts Neck. 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. 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. $945K. Are you planning to relocate to or invest in Colts Neck Township New Jersey? 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. 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®. Colts Neck is a city in New Jersey and consists of 31 zip codes. Central air, W/D, community pool, playground, excellent schools. parks and gyms. 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 Township of Colts Neck has never installed public water or sewer lines. The plan now includes the Kushner project, which accounts for one-third of Colts Neck Township’s total obligation of 549 affordable units. ft.) lot listed for sale on. It was unclear why Kushner did not sue Colts Neck Township to provide water and sewer service for the project. 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. Colts Neck is an area in Jersey Shore,Monmouth County,New Jersey with a population of 10,094. There are 108 active homes for sale in Colts Neck, NJ, which spend an average of 93 days on the market. 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