Venue at Woodlands: Boutique-Scale Newer Construction in Manchester
Just 90 Lennar-built homes — an intimate, newer community in Manchester at $500K–$600K. The appeal is a small-community feel combined with modern construction and Manchester's favorable 1.59% tax rate. The trade-off is limited resale liquidity at only 90 homes.
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Property Tax at Manchester 1.59%
| Home Value | Gross Tax (1.59%) | After ANCHOR ($1,750) | After Stay NJ | Net Annual Tax |
|---|---|---|---|---|
| $510,000 | $8,124/yr | $6,374/yr | $4,062/yr | $4,062/yr |
| $550,000 | $8,762/yr | $7,012/yr | $4,381/yr | $4,381/yr |
| $580,000 | $9,239/yr | $7,489/yr | $4,620/yr | $4,620/yr |
| $600,000 | $9,558/yr | $7,808/yr | $4,779/yr | $4,779/yr |
10-Year True Cost: $550,000 Purchase
| Cost Category | Annual (Year 1) | 10-Year Estimate |
|---|---|---|
| Mortgage (P&I on $385K @ 6.75%, 30yr) | $30,030 | $300,300 |
| Property Tax (1.59% on $550K) | $8,140 | $84,600 est. |
| HOA Fee ($260/mo) | $3,120 | $34,300 est. |
| Homeowner's Insurance | $2,200 | $22,000 est. |
| Maintenance (0.7% — newer build) | $3,850 | $38,500 est. |
| ANCHOR Benefit | –$1,750 | –$17,500 |
| Stay NJ (50% of gross tax $4,070) | –$4,070 | –$40,700 est. |
| Net 10-Year Cost of Ownership | — | ~$421,500 |
Related Pages
Lennar at Lake Ridge (Manchester, larger, newer) →Whiting Station (Manchester, older, lower price) →Manchester Township Tax Rate →Ocean County Hub →Get Venue at Woodlands Data
Resale history in this boutique community, current inventory, and how its newer construction compares on value to Lennar at Lake Ridge nearby.
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