New Jersey 55+ rental communities & homes for rent

New Jersey does not tax Social Security at all, and those benefits are excluded from state gross income limits. Retirees 62 and older with total gross income of $100,000 or less can exclude up to $100,000 of pension, annuity, and IRA income if married filing jointly ($75,000 single). The exclusion steps down for income between $100,001 and $150,000, and drops to zero above $150,000. Property taxes are the highest in the country, though state programs like ANCHOR and the Senior Freeze offer property tax relief to eligible primary residents.

Ocean County buyers are served by Hackensack Meridian Health networks, including Ocean University Medical Center in Brick and Community Medical Center in Toms River, while Monmouth County features Jersey Shore University Medical Center in Neptune. In Central New Jersey, Monroe Township and Cranbury communities sit within easy reach of Penn Medicine Princeton Medical Center and RWJBarnabas Health's Robert Wood Johnson University Hospital in New Brunswick.

Shore-area communities in Ocean and Monmouth counties put you minutes from beaches, boardwalks, and boating, but carry coastal storm exposure and heavy summer beach traffic along Route 35 and the Garden State Parkway. Central Jersey hubs like Monroe Township trade beach proximity for lower flood risk, quieter summer transit, and direct train and highway access to Princeton, New York, and Philadelphia.

In New Jersey, there are 34 large communities with over 1000 homes, 29 medium communities with 500-1000 homes, and 248 small communities with less than 500 homes.

The smallest 55+ communities in New Jersey has 16 homes, the largest has 10636 homes, and the average communities consists of 416 homes.

Yes, there are new 55+ homes available in New Jersey. The most recent communities started in New Jersey include Springside Lofts 55+, The Greens, Regency at Cranbury. There are also 43 communities in New Jersey that offer new construction homes, including Fox Crest, Nobility Crest at Ocean, The Fairways at Lake Ridge.

Yes, there are gated 55+ communities in New Jersey. Approximately 32.2% of 55+ communities in the area are gated. For instance, Fox Crest is a gated communities with 41 homes, and Rossmoor Village is another gated communities with 2303 homes.

On average, listings in 55+ communities in New Jersey stay on the market for around 354 days. The average price of homes for sale in these communities is approximately $555,474, though prices can range widely based on the size, location, and amenities of the communities. For example, homes in Enclave at Ocean average around $1,750,000, while homes in Wedgewood Place average around $499,925.