Home prices in states throughout the country have jumped dramatically this year, and New Jersey is no exception. Not only that, the average number of days homes in this state spend on the market before selling has decreased significantly as well. These fast turnarounds have their good and bad points; homeowners can move out and get their funds faster, but buyers have to act quickly or lose out on their dream homes.
The active adult housing market is no different. The most sought-after 55+ communities have homes for sale, and they can be here one day and gone the next. These five neighborhoods have the lowest average number of days spent on the market in the Garden State, according to 55places.com internal data. So if you are on the fence about making an offer, do not hesitate to make your move!
If you are planning to sell your home, we can connect you with local real estate experts who can help ensure a smooth and quick process.
High $100s – Mid $200s
As the fastest-selling 55+ community on this list, Traditions at Federal Point has gotten contracts on homes that were listed for an average of only 12.56 days. That’s less than two weeks! Built from 2001 to 2005, this affordable development has just 140 resale attached homes and is located in Lawrence Township, about nine miles south of Princeton, NJ.
These contemporary homes range from 880 to 1,598 square feet, with one to three bedrooms, first-floor master suites, and attached garages. Additional features may include first-floor laundry rooms, dens, and second-floor bedrooms. The reasonable homeowners’ association (HOA) fee provides for snow removal, lawn care, and exterior maintenance. There is an on-site clubhouse that offers a catering kitchen, multipurpose room, and exercise facility. This is where friends and neighbors can gather to socialize and attend community activities.
As a suburb of Princeton and Trenton, Lawrence Township is close to all the conveniences one may need, including Whole Foods, ShopRite, Walmart Supercenter, pet stores, restaurants, and beauty salons. Homeowners also benefit from close proximity to top-tier health care, from providers like Penn Medicine Princeton Health and Robert Wood Johnson University Hospital.
Low $200s – Mid $200s
Pennington Point is surprisingly affordable for NJ, and their available homes sit on the market for an average of 14.75 days. This is another intimate community with attached homes available on a resale basis. And just like Traditions at Federal Point, Pennington Point is in Mercer County. Known as the “heart of NJ,” this part of the state mixes in the best of city attractions nicely with suburban and rural living.
This wooded active adult neighborhood offers 24 separate buildings that house a total of 96 townhomes. The residences range from 1,200 to 1,650 square feet, with two to three bedrooms, two- to two-and-a-half baths, first-floor master suites, private patios, and one- to two-car garages. Certain homes also have gas fireplaces, dens, and first-floor laundry rooms. Pennington Point’s private clubhouse is the community’s hub for social activities, with its welcoming multipurpose room and exercise room.
The city of Pennington is also near Princeton and Trenton, and a short drive to many outdoor recreation spots. Some of the best include Mercer Meadows and Loveless Nature Preserve. Golfers can spend quality time at area courses like Mercer Oaks Golf Course and Mountain View. Other nearby attractions include Grounds for Sculpture and Washington Crossing State Park.
Below $100k – High $100s
Geared for downsizing, The Renaissance Club is an established retirement community with 500 resale condo and attached homes. Prospective buyers need to stay on their toes because homes for sale here average only 17.53 days on the market. The standard condo model ranges from 900 to 1,000 square feet, with one to two bedrooms and bathrooms, while standard attached homes range from 1,100 to 1,200 square feet, with two bedrooms, one to two baths, and attached one-car garages. Some homes have options like updated bathrooms, granite countertops, balconies, and hardwood floors.
The Renaissance Club’s HOA fees cover lawn care, snow removal, and use of the community amenities. There is also a good-sized clubhouse with a multipurpose room for community gatherings. Outside, residents can find a swimming pool and patio, shuffleboard, tennis, and bocce ball courts to play on.
This appealing neighborhood is in Mt. Laurel, located right in Burlington County. This is a great area to retire in, as it is close to Philadelphia and the Jersey Shore and only about 90 minutes from New York City by train. Nearby attractions include Laurel Creek Country Club, the Philadelphia Museum of Art, and historic downtown Smithville. The Renaissance Club is also near Interstate 295, the NJ Turnpike, and Routes 38 and 73, so homeowners never have to drive too far to run errands or get on the road to travel.
Mid $300s – High $300s
Also in Burlington County, Village Grande at Crosswicks Creek in Bordentown has 154 resale single-family homes, completed in 2004. These are selling like hotcakes too, averaging about 19.5 days before eager homebuyers snap them up. These elegant homes are sized from 1,400 to 2,400 square feet, with two to three bedrooms, two baths, and attached two-car garages. Desirable options include first-floor master suites, decks, and walkout basements.
Residents can take full advantage of Village Grande at Crosswicks Creek’s community amenities, most of which can be found at the private clubhouse. Here, homeowners will find an outdoor pool, bocce ball and tennis courts, an exercise room, and a multipurpose room. This is also the site for many of the neighborhood lifestyle activities, including Pins & Needles Club, aerobics classes, Monday Night Sports, and the Sunshine Club.
Bordentown has a trendy downtown area with charming shops and highly-rated restaurants. It is also close to I-95, I-295, and the Pennsylvania border. The Hamilton Train Station is nearby as well, which can take residents to New York City, Philly, Asbury Park, and other fun destinations.
High $100s – Mid $300s
Finishing out our list, Traditions at Newton’s Landing homes average 19.78 days on the market. It is our third Burlington County 55+ community on this list and features 250 resale single-family homes. The floor plans range from 1,700 to 3,000 square feet with two to three bedrooms, at least two bathrooms, and attached garages. The monthly HOA fee covers lawn care, common area maintenance, snow removal, and trash pickup.
The impressive clubhouse here has an outdoor pool & spa, bocce ball and tennis courts, a multipurpose room, and an exercise room. There are also walking trails and a gazebo on the property, as well as a variety of different clubs and activities for homeowners to take advantage of. Traditions at Newton’s Landing is also close to the Pennsylvania border, at about 20 minutes southwest of Bordentown. It sits just outside of Rancocas Creek, where locals enjoy hiking, walking, and canoeing. Residents can also play the links at Rancocas Golf Club, shop at the beautiful Cherry Hill Mall, and take the grandkids to the Adventure Aquarium.
When needing to pick up a few things, homeowners can visit ACME, Petsmart, and a Walmart Supercenter, all less than 10 minutes away. This convenient location is also close to fitness centers, hair salons, restaurants, and many other stores and services. Some of NJ and PA’s best hospitals are also in the region, including Cooper University Medical Center and Jefferson University Hospital.