Crestwood Village (Village 4 — Crestwood Village Co-Op Four, Inc.)
Homeowners association in Whiting (Manchester Township), Ocean County, NJ.
Verification: Verified from HOA documents. rental policy confirmed from proprietary lease
Rental rules & HOA facts
| Rentals allowed | No — rental ban on record |
|---|---|
| Rental cap | n/a (leasing prohibited) |
| Wait period before renting | n/a (leasing prohibited) |
| Ownership holding period | Not yet verified |
| Rental fees | 2026 official maintenance schedule (crestwoodvillagefour.com): Madison $217/mo → Essex $248 → Devon $258 → Windsor $266 → Hampshire $287 → Oxford I $315 → Georgetowne $340 → Oxford II $344 → Stratford $360 → Cambridge I & II $422 → Lexington $443 → Yardley $463 → Yorktowne $463. Plus one-time $1,000 working capital contribution at closing. |
| Age restriction | 55+ |
| Ownership type | Co-op (stock cooperative); purchases are cash-only, financing not permitted |
| HOA dues | $217–$463/mo (2026 official model schedule; includes property taxes) |
| HOA dues cover | Exterior building maintenance, landscaping/lawn, snow removal, trash, clubhouse (Independence Hall), community bus, property taxes; insurance per one MLS listing |
| Community address | 15E Moccasin Drive, Whiting, NJ 08759 |
| HOA phone | 732-350-0230 |
| HOA website | https://crestwoodvillagefour.com/ |
| Last verified | 2026-10-01 |
STRUCTURE: 'Crestwood Village' is NOT one community — it is a collection of SEVEN distinct villages (1–7), each with its OWN separate HOA/co-op board, clubhouse, and rules (holidaycityhomes.com; 55places.com). Home counts per 55places: Village 1 = 1,016 (co-op), Village 2 = 1,000 (co-op), Village 3 = 1,010, Village 4 = 1,190 (co-op — LARGEST), Village 5 = 1,114, Village 6 = 1,141, Village 7 = 1,048 (Whiting Village). This record covers Village 4 as the largest. (a) COMMUNITY-WIDE RULES (Village 4, verified): rentals are PROHIBITED. Sample Proprietary Lease, Article III (SUBLETTING): 'Member shall not assign or transfer the Membership and/or the Proprietary Lease and shall not lease or sublet the dwelling and shall not rent any rooms of the dwelling unit.' Rules & Regulations 6.15: 'Units may not be rented, made available for, or occupied exclusively by non-Certificate Holders.' (b) UNIT-SPECIFIC: n/a beyond co-op proprietary lease; MLS listings note co-op = cash purchase only, buyer needs Village 4 board approval (income + credit check; 2026 minimum credit score 720; one-time $1,000 working capital contribution at closing). (c) IMPORTANT CONTRAST WITHIN CRESTWOOD: Village 5 (crestwoodvillage5.com, official) PERMITS leasing after 12 months owner-occupancy, with lease rider + $300 fee, 12–24 month lease terms (and an active MLS rental: 7b Ivy St, Crestwood 5, $1,950/mo, MLS #22607478) — so rental policy varies village by village; Village 4's co-op ban does not apply to all Crestwood villages.
Data compiled from public records, MLS remarks, and HOA/management sources. Rules change — confirm directly with the HOA before buying or leasing.
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