Address: 315 W Grand St Ste A, Elizabeth, NJ 07202
Overview
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The decision to move to a planned senior community is one of the most important decisions you’ll make during your lifetime. We offer opportunities for people 62 and older to enjoy a lifestyle free of homeownership responsibilities and concern about future changes in health and abilities. Elizabeth Towers is designed specifically for independent senior adults who want to enjoy a lifestyle filled with recreational, educational, and social activities with other seniors. Your new home is a place where you’ll feel the familiar comfort of friendship and neighborliness; where you’ll have your place in the community, yet where you can retreat to the solace of your own apartment.
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Elizabeth Towers Location
Address: 315 W Grand St Ste A, Elizabeth, NJ 07202
Elizabeth, a city located in the state of New Jersey (NJ), is home to a population of approximately 135,665 people. Elizabeth boasts a median age of 35.7, with around 16.4% of its residents aged 60 or above. 1.5% of the population identifies as US Veterans. 10.3% of Elizabeth residents are disabled. The city has an average household income of $59,939, while the unemployment rate stands at 5.9%, and around 15.4% of the population is considered to be living below the poverty level. In terms of housing, the average home value in Elizabeth is $358,242, with a monthly rent averaging $1,390.
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About Senior Apartments
It's not just about convenience and affordability; it's about creating a fulfilling lifestyle. Senior apartments are constructed, maintained, and updated to accommodate the 55-plus community. Often age-restricted, senior apartments are designed with accessibility in mind. One to two-bedroom units are standard as well as senior-friendly comfort and amenities. Senior apartments are great for retired adults who want to downsize but still have a social life. Apartment living is appealing to those who dislike yard work or home maintenance. It's also a great option for retired travelers who want peace of mind while away from home. Residents save money with lower expenses because they often include utilities and don't require property taxes.
Types of Senior Apartments
Affordable Senior Apartments - Retirees with low income may be eligible for cheap senior living apartments provided by government housing programs. These apartments are cheaper than usual. The eligibility to rent them depends on factors such as income, family size, and the average income in the area. Keep in mind that services or amenities in low-income senior apartments may be more limited.
Market Rate Senior Apartments - Market-rate senior apartments do not have income limits. Pricing is competitive and based on comparable housing options in the surrounding area. These apartments often come with amenities like community dining, housekeeping, and even transportation services.
Luxury Senior Apartments - Luxury apartments are generally larger, offering up to 2,000 square feet of living space, and boast a wide range of upscale amenities and community activities for their residents. Many luxury apartments are situated within gated communities. The cost of living in these apartments can be quite high, with entrance fees alone often reaching six figures.