Home Buying in Elmwood Park>Question Details

Hof, Home Buyer in Elmwood Park, NJ

what is the age cutoff for the active adult communtiy?

Asked by Hof, Elmwood Park, NJ Tue Aug 17, 2010

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Our Green Valley, Arizona Active Adult Communities require at least one person to be 55 years old, but no one under 18 can live in the community. People of any age are permitted to visit for up to 2 weeks at a time. In Quail Creek (and possibly a few other subdivisons) one person can be under 55 if they are building a new home rather than purchasing a resale. The builder is only allowed a certain percentage of homes to be sold under this exception.

It's always best to check with the builder and/or community before writing an offer.
0 votes Thank Flag Link Wed Aug 18, 2010
They typically begin at 55 and over....
0 votes Thank Flag Link Wed Aug 18, 2010
the min age is55 years for the co-ops in Elmwood Park the Parkview. If
0 votes Thank Flag Link Wed Aug 18, 2010
Great question. Unfortunately there is not really a straight forward answer. As per the federal Fair Housing Amendments Act of 1988(FHAA),an exception can be made with regards to age restrictive housing as long as it is intended and operated for occupancy by at least one person 55 years of age or older and that 80% of the occupied homes need to have at least one permanent resident who is 55 or over in order to qualify for the fair housing exemption. That being said, municipalities have the right in NJ to layer their own requirements on top. So, in reality you would need to check the local municipal statute to see what is permitted. Sometimes, someone under age 55 can live in and own a unit, and sometimes they can't. You just have to see what the local statute says. Getting a hold of the POS(Public Offering Statement) for a community will allow you to get the information also. Most sales centers will have a copy. Hope that helps.
0 votes Thank Flag Link Tue Aug 17, 2010
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