Search for the homes for sale and real estate in Colts Neck, NJ
About Colts Neck
What is now Colts Neck Township began as Atlantic Township in 1847, and was formed from portions of Freehold Township, Middletown and Shrewsbury. And in 1962, the towns name was changed to Colts Neck Township. For the most part Colts Neck is an upscale community, and was recently ranked as New Jersey’s 16th wealthiest municipality. By adopting strict zoning ordinances, urban development and chain stores have not been able to flourish in this community. This has allowed the growth of locally owned businesses instead, while residents can be close to malls, movie theaters, and other amenities in neighboring towns.
Much of the town’s farm land has since been developed with large homes and sprawling estates. However, it was originally a farming community. And for many years it’s been known for its large number of equestrian farms.
Homes
Home prices in this town can range from the $400,000s to multiple Million dollar estates. In fact, at the time this article was written, the average asking price of a home for sale was $1.445 Million.
Almost all of the Colts Neck NJ real estate has minimum lots sizes of 2 acre or more. The reasoning behind this is that there are no public utilities, such as water and sewer in town. Instead, water for the homes uses private wells and septic systems.
Houses are almost exclusively large, upscale homes. Since the town does not offer public utilities, therefore most homes must be built on lots covering a minimum of 2, 5 or 10 acres. The minimum size depends on the zoning for that area. In addition. there is one small community in town which is comprised of condos.
The Real Estate Market
During November, 2019, 13 single family homes in Colts Neck sold. As of 12/11/19, 14 homes were under contract, however, 77 homes were still listed for sale. This tells me that the Colts Neck real estate market is a buyers market, as there are considerably more home for sale than have been selling.
If you’re a buyer, you may be able to get a real bargain on a home.
Demographics
The 2010 Census report that the population was 12,331 people with 3,193 households. The median household income in Colts Neck at that time was $154,491.Furthermore, the per capita income was $65,919.
Education – Elementary Schools
Public school students attend the highly rated Colts Neck School District for pre-kindergarten through eighth grade. The three schools in the district have a student population of about 1,500 students. In addition, about 20% of the towns K-8 students attend private schools. Some of these private schools are St Leo the Great, Ranney School, Christian Brothers Academy and Rumson Country Day School.
Education – High Schools
Once students reach high school age, public school children attend the Freehold Regional High School District. Students from Colts Neck, Freehold Township, Freehold Boro, Marlboro, Manalapan and Howell attend the six schools in the district. Each school has magnet programs, such as Animal & Botanical Sciences, Business Administration and more. Highly motivated students have the opportunity to apply for one of the magnet programs. However, due to a competitive admission process, not all students who apply will be accepted.
Students in the Freehold Regional High School District consistently post SAT scores which above both the state and national averages. Furthermore, 87% of these students continue their education into college.
About half of the students at the high school level attend a private school. Many students attend Ranney School, Peddie School, Red Bank Catholic, Christian Brothers Academy and St. John Vianney High School, to name just a few.
The same high school students also may elect to attend one of the five full time schools in the Monmouth County Vocational School District. Each high school has it’s own magnet program, The programs are High Technology, a Health and Sciences Academy, Bio Technology, Communications and Marine Sciences. In addition, shared time programs are also offered. Some of these programs are various building trades, Nursing Assistant and Culinary Arts.
Colts Neck offers a summer camp for grade school children.
Random Info
In the past 12 months, 137 homes have sold in Colts Neck.
Dining and Shopping
There are a few small shopping centers nearby in Colts Neck along Route 34, offering restaurants and locally owned businesses. Make sure to visit Delicious Orchards on Rt 34. The apple pie is fantastic! Other shopping is nearby on Route 9, or to the east, on Route 35,. There are many shopping centers offering major retailers such as Target, Best Buy, Kohls’, Lowes and more. The Route 9 shopping area extends north into Freehold and Marlboro, and south into Lakewood. Raceway Mall is minutes away, with over 200 stores to choose from. The popular warehouse clubs are nearby, and this area also has many restaurants to choose from.
Entertainment
In the area you can enjoy live music at the Freehold Raceway Mall Summer Concert Series, also the weekly free concerts in Freehold Boro. Additionally concerts are at iPlay America, which is an indoor Theme Park. Nearby in Red Bank visit the Count Basie Theater for concerts and shows, or plays at the Two River Theater. In addition, the high school musicals in the spring are very entertaining. Visit the movie theaters in Raceway Mall and on Route 9, and don’t miss the 4th of July fireworks display. Another option is to go to the races at Freehold Raceway, which features live harness racing for trotters and pacers. New York City is less than 2 hours away by car, you can take a bus or catch a train from Matawan. If you prefer, Atlantic City is less than 2 hours drive.
Parks and Recreation
The town has numerous parks, also, you can pursue fishing, hiking trails, bicycling and more at the Manasquan Reservoir in Howell.
Dorbrook Park, on Route 537, features 537 acres with playgrounds, tennis, basketball and a 2.3 paved walking / bicycling path. In addition, there’s a “Sprayground” or a water enhanced playground.
You’ll find marinas in the area which allow you to dock your boat. If you enjoy golf, there are many country clubs in both the town and the surrounding areas. Additionally,the Monmouth County Park System operates eight public golf courses. The Monmouth County Park System also operates many public parks in the area for hiking, bicycling and more. And the Jersey Shore beaches are a short ride away.
Transportation
Commuters to New York find this is a convenient location because of the transportation options. Bus service is available from either Lincroft or the PNC Center in Holmdel. Train service is available from Little Silver, Matawan or Middletown, Additionally, ferry service is available in Highlands. Plus there is easy access to the Garden State Parkway in Middletown, as well as other major roadways.
Bottom Line
This town is a great place to live. The homes are great, the school system is great. It’s convenient to, well, everything.
When you’re ready to see homes for sale in Colts Neck NJ, call Bunny and Art Reiman – Realtors. Let us help you find your dream home.
Would you prefer to see homes in Monmouth County Adult Communities?
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103 County Road 537 | $295,000 | None | 2 | 1 | 295,000 | 01/10/2020 | 23 | Y | |||
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13 Millbrook Ln | $630,521 | None | 4 | 2.1 | 630,521 | 01/10/2020 | 9 | Y | |||
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9 Driftwood Ln | $726,230 | Driftwood Estates | 4 | 3.1 | 726,230 | 01/03/2020 | 194 | Y | |||
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87 Carriage Hill Dr | $799,900 | Carriage Hill | 5 | 2.1 | 799,900 | 01/15/2020 | 18 | Y | |||
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12 Utopia Dr | $1,997,000 | Utopia Estates | 5 | 5.2 | 1,997,000 | 01/10/2020 | 28 | Y |
In 2019, 137 homes were sold in Colts Neck. The highest price was $3,780,000. The average sale price was $832,428.
Mortgage Rates
The mortgage rates posted today, 1/23/20, are 3.625% for a 30 year mortgage.
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