As a land lease community, residents of Cottages at Compass Point can kick back and relax while our team handles the maintenance. Learn about our different ownership options below to see which is right for you.
Our goal is to make your move seamless by offering a new path to home ownership. Our lease-to-own option is great for those ready to move, but not ready to make a long-term commitment.
Lease-to-own allows you to try the community before you buy. Leasing requires less up-front costs with no down payment, helping you move into the neighborhood quickly.
Leasing terms have a 2-year commitment. After this time period, it’s your choice to purchase your home, renew your lease contract or not.
Your right to purchase agreement gives you exclusive rights to purchase your home at a predetermined price. You are under no obligation to buy the home.
Enjoy all the benefits of the community and beautiful Barnegat area, before purchasing your home. We’re confident you’ll fall in love and want to remain a resident at Cottages at Compass Point forever.
When purchasing a home, you own the home and pay an annual community fee for maintenance-free living. Our team takes care of weekly and seasonal maintenance and handles all property taxes on your behalf.
Owning your home and leasing the land it sits on significantly reduces your annual taxes.
Owning your home allows you to customize the interior to your taste while you build home equity.
Enjoy retirement and let our team handle lawn and garden maintenance, snow removal, and all ongoing community maintenance.
Residents have exclusive access to the community clubhouse, sports courts, fitness center, and other recreational facilities.
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