Heritage Bay: Barnegat's Low-HOA Alternative to Four Seasons at Mirage

~300 homes in Barnegat Township with the lowest HOA of any significant 55+ community in the area at ~$180/month. The trade-off: Barnegat's 1.95% effective rate — Ocean County's highest for major 55+ towns — applies here just as it does to the much pricier Four Seasons at Mirage down the road.

Barnegat, NJ~300 HomesHOA ~$175–185/moHomes from $275sLowest HOA in Barnegat

Community at a Glance

LocationBarnegat Township, Ocean County NJ; near Long Beach Island (15–20 min)
Total Homes~300 single-family homes
Home SizesApproximately 1,200–1,800 SF; 2 bedrooms, 2 baths
Price Range$275,000–$425,000
HOA Fee~$175–$185/month — lowest in Barnegat's 55+ market
Age Restriction55+
AmenitiesClubhouse, pool, bocce, shuffleboard, community social calendar
Tax RateBarnegat Township ~1.95% — Ocean County's highest for major 55+ towns
The Barnegat tax penalty follows you regardless of which community you choose in the township. Heritage Bay ($180/mo HOA, $275K–$425K homes) and Four Seasons at Mirage ($235/mo HOA, $400K–$650K homes) both pay Barnegat's 1.95% rate. If you want Barnegat for LBI proximity but don't need a gated resort, Heritage Bay's $55/month HOA savings ($660/year) over Mirage plus much lower purchase price can represent $150K+ in total 10-year savings. The lifestyle trade-off is real — but so is that dollar gap.

Barnegat 1.95% Rate at Heritage Bay Price Points

Home ValueGross Tax (1.95%)After ANCHOR ($1,750)After Stay NJNet Annual Tax
$285,000$5,563/yr$3,813/yr$2,782/yr$2,782/yr
$340,000$6,637/yr$4,887/yr$3,319/yr$3,319/yr
$380,000$7,418/yr$5,668/yr$3,709/yr$3,709/yr
$425,000$8,296/yr$6,546/yr$4,148/yr$4,148/yr

65+, joint income ≤$150K. Despite Barnegat's high rate, the NJ relief stack keeps net taxes manageable at Heritage Bay's price points.

10-Year True Cost: $340,000 Purchase

Cost CategoryAnnual (Year 1)10-Year Estimate
Mortgage (P&I on $238K @ 6.75%, 30yr)$18,564$185,640
Property Tax (1.95% on $340K)$5,508$57,200 est.
HOA Fee ($180/mo)$2,160$23,800 est.
Homeowner's Insurance$1,360$13,600 est.
Maintenance (1%)$3,400$34,000 est.
ANCHOR Benefit–$1,750–$17,500
Stay NJ (50% of gross tax $2,754)–$2,754–$27,540 est.
Net 10-Year Cost of Ownership~$269,200

Get Heritage Bay Market Data

Current listings, days on market, and how Heritage Bay prices against Mirage for equivalent home sizes.

Get Expert Help →