Cranbury, NJ 55+ Active Adult Retirement Communities

Overview 

Cranbury is a New England-styled township with a rich history dating back as far as the late 1600s, when buildings that are still up today were first built, making this township one of the oldest in New Jersey. The town has a quaint, small-town culture where active adults can enjoy peaceful and leisurely living. 

Climate and Geography

The climate in most of New Jersey is classified as humid subtropical which is characterized by four distinct seasons, with some influence from weather patterns originating in the Gulf of Mexico and the Northeast Atlantic. Summers in this region are hot and humid, while winters are cold to mild. Residents can expect more rainfall than average, slightly less-than-average snowfall, and approximately 206 days of sunshine throughout the year.

Recreation, Culture, & Entertainment 

Some of the top attractions in Cranbury include Plainsboro Preserve, The Cranbury Museum, David Wells Antiques and Riddlesbrood Dinner theater, the Pennsylvania Dutch Farmers Market, and the Working Dog Winery. 

The township is also located directly between Philadelphia and New York City, providing residents with options when they want to get out of town and enjoy a visit to a bigger city. 

Cost of Living & Taxes

The cost of living in Cranbury is higher than both the state and national average. The driving factors for this are housing and transportation costs which are the highest of all the cost of living indexes. 

The effective income tax rate is 1.53 percent for single filers and 3.37 percent for joint filers. Social Security benefits are exempt from income tax, and although most other forms of retirement income are taxable, the state provides a substantial deduction on retirement income for residents who are 62+.

Homeowners aged 65+ can take advantage of tax break programs like the Property Tax Reimbursement Program, and a $250 tax deduction from property taxes, depending on eligibility for the programs. 

Health Care

Cranbury residents can receive high quality health care from hospitals in neighboring towns that are less than 20 miles away. Penn Medicine Princeton Medical Center is the closest high performing hospital, only 8 miles away in Plainsboro, and with a high performing rating in procedures and conditions like heart failure, hip replacement, and knee replacement. Other options include Robert Wood Johnson University Hospital and Hackensack Meridian Health JFK Medical Center.