How Much Does It Cost To Live In A Retirement Community
Every retirement community comes at a unique price , floor plans and included services and amenities. Nationally, the average cost of living in a retirement community is $4,500, though New Jersey has slightly higher pricing at $6,495.
As you research potential retirement communities, check the pricing at your favorite options. At Homestead at Hamilton, we offer affordable, value-packed independent living that start at $3,475. We also have all-inclusive assisted living starting at $4,995 and memory care starting at $5,600.
What Type Of Care Is Offered At A Retirement Community
One of the greatest benefits of retirement communities is access to healthcare if and when you need it. At Homestead at Hamilton, for example, we offer a variety of care programs, including independent living, assisted living, enhanced assisted living, memory care and more. No matter your care needs, you can easily upgrade to a new level without having to relocate.
Unlocking The Value Of Senior Living In Hamilton Township
Hamilton Township, NJ is a quaint, family-friendly retirement destination. In addition to its high safety and numerous healthcare options, this town is constantly ranked as one of the best cities for retirees in New Jersey. Overall, this town is known for its charming historical sites and community-run festivals, as well as beautiful parks, gardens and orchards.
Hamilton Township is quite affordable and our senior living community is no exception. Learn more about Homestead at Hamilton, including our cost-effective pricing so you can stay in control of your budget.
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When Is It Time To Consider Assisted Living Options
When signs of cognitive or physical disabilities begin to impact a loved ones ability to properly care for themselves, it is time to start looking at alternatives. Some key indicators to look for include:
- Frequent falls
- Needing help with activities of daily living
- Signs of neglecting themselves and home
- Personality change
- Inadequate eating habits
Homestead At Hamilton New Jersey Closes Financing
Princeton, NJ Solvere Living, a Princeton-based senior living management firm, will co-develop and operate a new senior community in Hamilton, New Jersey.
Named Homestead at Hamilton, the community will include 195 total units of independent living, assisted living and memory care on a 21-acre site in Mercer County, located in central New Jersey and an hours drive from New York City, Philadelphia and the Jersey Shore. The $59.1 million project is being co-developed with Pike Construction LLC, who will also serve as general contractor.
Solvere Living is an offshoot of Solutions Advisors, a sales and marketing consulting firm focused on senior living. Solveres portfolio of managed assets includes owner-investor properties throughout the East Coast and Midwest as well as its own communities.
Pike Construction, based in Paterson, New Jersey, is a general contracting and real estate development business that was established in 1958. Since its inception, Pike has constructed more than 15,000 units of senior housing ranging in project size from $10 million to over $150 million in total construction costs.
The projects architect is J. Randolph Parry Architects PC, headquartered in Riverton, New Jersey. Founded in 1996, J. Randolph Parry Architects, PC is an award winning architectural design firm with a specialty in residential and senior housing design.
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Cost Of Aging In Place Vs A Senior Living Community
You may be interested in aging in place in the comfort of your own home. However, the cost of aging in place may be higher than you think. Though your mortgage payment may be lower than the monthly fee for a senior living community, you should consider all your other expenses, including
- Property taxes
Is A Retirement Community The Same As A Nursing Home
No, retirement communities and nursing homes are quite different. At a retirement community, individuals design their own days and take advantage of luxury amenities, such as a fitness center, spa, theater and more.
At a nursing home, individuals are recovering from an illness or injury and arent able to pursue their independent retirement goals. Instead, they require specialized 24/7 nursing care, including medical care, assistance with self-care, medication management and more. Some recreational activities may be planned for residents, but its not usually the main focus.
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Homestead At Hamilton Jobs
The Life Youve Earned In The Town You Already Love
Youve worked hard. Youve already found the perfect place to live, and perhaps now youre looking for a new place to call home. Homestead at Hamilton is everything youve earned in the place that understands your goals, respects your values, matches your style and truly recognizes your budget.
Homestead at Hamilton also frees up much of your time that is consumed by chores and the upkeep of a home and daily life. Plus, there are in place to keep you active in all ways physically, socially, mentally and many other ways you can imagine. We offer , , as well as enhanced assisted living and specialty , should you need assistance in the future.
to schedule a visit of Homestead at Hamilton in Hamilton Township, NJ.
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Navigating Your Future Care At Homestead At Hamilton
At Homestead at Hamilton, you can feel at ease knowing your future care is guaranteed. If your healthcare needs shift over time, you dont have to look beyond our senior living community. Here you can receive a variety of care levels all from the comfort of the place you call home.
INDEPENDENT LIVING Thrive with deluxe amenities that support your body, mind and spirit.Learn More
ASSISTED LIVING Get the health support you need to pursue your individual goals.Learn More
ENHANCED ASSISTED LIVING Enjoy 24/7 personalized assistance to live your best life.Learn More
MEMORY CARE Our specialized care and enrichment maximize the well-being of those living with dementia.Learn More
Is Assisted Living Different From A Nursing Home
Yes, it is. Homestead at Hamiltons Assisted Living neighborhood provides extra supportive assistance and care when its needed in the comfort of the residents home. As a community of caregivers, we are committed to engaging and enriching the health and spirit of our residents. We honor individuality and develop deep connections with our residents, families, and team members.
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They are more interested in selling a room than the care your loved one will get. After taking my money my husband was assessed briefly. So it turns out he is not appropriate for their facility. Paying all the fees for a community fee room fee care plan fee then being told he needs 24 hour private care for a fee became unaffordable & that was after one week there. There was no assistance provided by the staff. His laundry wasn’t done he wasn’t showered at all the dining staff complained they had to help feed him. What kind of assistance do they provide? They wouldn’t refund the entire Community fee. I was robbed! Be sure your loved one will fit into their program before you pay any money!!!
Assisted Living Services In Hamilton Nj
Homestead at Hamilton offers a stimulating lifestyle including ample opportunities for social connections in our assisted living community in Mercer County, NJ. When you choose our community, you will benefit from numerous services, including:
- Assistance with activities of daily living
- 24-hour health monitoring
- Apartment home maintenance and repair
- Scheduled transportation services
- Entertainment, social, and educational programs and events
Our services will not only give you more hours in a day, but theyll maximize your safety and independence, too. By offering assistance with ADLs, or Assistance with Daily Living, we give you support when you need it. Whether you need a hand with grooming, bathing or moving around, were here to offer a hand. Our housekeeping services will keep your residence clean and tidy for you to enjoy. For individuals that need a higher level of support, enhanced assisted living care is also offered at our Hamilton assisted living community.
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How Should I Talk To Parents Or A Loved One About Moving To Assisted Living
Its important to approach a loved one with compassion, patience and a genuine concern for their wellbeing. Explain to them that youve noticed some common signs that they need assistance beyond what can be offered at home .
Give them some time to consider and process your conversation, but never be forceful or make them feel like the decision has already been made. Reassure them that when the time comes to move, that theyll be involved in the decision making process.
Tour potential communities with your loved one and attend a few events so they can imagine being a resident. Allow them to be as in control as possible to ease the transition.
Who Can Join A Retirement Community
While every community has its own entry requirements, anybody over the age of 55 can join Homestead at Hamilton. Retirement living is beneficial for individuals regardless of where they are in their retirement journey. Whether youre interested in staying active, minimizing home responsibilities or simply connecting with like-minded neighbors, our Homestead at Hamilton retirement community can help you make the most of every day.
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Cushwake Arranges Sale Of Independent And Assisted Living Memory Care Community
By: June 24, 20221:56 pm
Homestead at Hamilton is a 195-unit independent and assisted living, and memory care community in Hamilton. CUSHMAN & WAKEFIELD
Homestead at Hamilton is a 195-unit community offering independent and assisted living in addition to memory care, in Hamilton.
On June 24, Cushman & Wakefield announced it arranged the sale of the community for $97.5 million.
The firms Richard Swartz, Jay Wagner, Jim Dooley and Jack Griffin arranged the sale to Inspired Healthcare Capital, a DST structured senior housing buyer. The four-story, Class A property was developed by Pike Senior Housing Partners LLC, an affiliate of Paterson-based Pike Construction Co. LLC.
Homestead showed exceptional performance coming out of the pandemic and proved to be one of the rare, stabilized Class A assets in the market, Swartz said in a statement. Our team is thankful for the opportunity to represent Pike in another exciting deal.
According to Cushman & Wakefield, Homestead at Hamilton maintained near 100% occupancy throughout 2021.
The H-shaped community offers 96 independent living units, 75 assisted living units including 10 enhanced care units in a dedicated wing, and 24 memory care units. Independent units offer full kitchens and washer and dryers assisted living units feature kitchenettes and storage space. The memory care units are located on two specific levels of the property, with dedicated amenities, and include kitchenettes.
Pricing And Cost For Assisted Living In Mercer County
In The Terrace neighborhood for enhanced assisted living, all-inclusive pricing is $7,875 monthly.
Our memory care all-inclusive packages start at $9,150 per month.
Customized assisted living wellness packages are available based on individual needs. Just click the button below and someone will be in touch to help find the right package for you.
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Assisted Living Floor Plan Options
As a resident of Homestead at Hamilton, youll have the opportunity to select one of several beautifully appointed apartments. Whether you prefer one of our comfy studios, a one-bedroom apartment or a companion suite apartment floor plan, youre sure to find a home that meets your needs, maximizes space and lets in lots of natural light. We invite you to check out our floor plans to choose your favorite.
Cushman & Wakefield Arranged The Sale Of The 195
Inspired Healthcare Capital has acquired Homestead at Hamilton, a 195-unit Class A senior housing community in Hamilton, N.J., for $97.5 million. The property was developed by Pike Senior Housing Partners.
Vice Chairs Richard Swartz and Jay Wagner, Senior Director Jim Dooley and Associate Jack Griffin of Cushman& Wakefield arranged the sale and represented Pike in the transaction. According to the company, the property was near full occupancy in 2021.
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With a size of 200,000 square feet, Homestead at Hamilton is a four-story, H-shaped building that encompasses 96 independent living units equipped with full kitchens and washers and dryers, 75 assisted living units of which 10 are enhanced care units in a dedicated wing and 24 memory care units, all including kitchenettes and amenities on each level. Community amenities include a dining room, a pub, a card and game room, a fitness center, art studios, two theaters, a performing arts studio and a rehab gym partnered with Robert Wood Johnson Hospital.
Located at 2560 Kuser Road, the property is 6.5 miles from Trenton, 60 miles from New York, 36 miles from Philadelphia and has access to Interstate 195. Several medical offices are in the surrounding area and Hamilton Recreation Office is within walking distance. Dining and retail options are available nearby, along Robbinsville Road.
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About Homestead At Hamilton
Welcome to Homestead At Hamilton, a medium-sized assisted living community in Hamilton, NJ. Homestead At Hamilton is located at 2560 Kuser Rd, and offers assisted living services for older adults.
We know that price is an important factor in choosing an assisted living community. Homestead At Hamilton prices start at $7,928 per month, which is below $8,145, the average monthly cost of assisted living communities in Hamilton, NJ. Pricing can be complex, and Seniorly has created a host of resources to help families work through how to pay for assisted living.
If youre assessing whether assisted living is the level of care youre looking for, know that Homestead At Hamilton residents receive 24-hour non-medical care, medication management, and assistance with activities of daily living . Through a detailed review of each residents care needs, caregivers can provide help and support: from transferring from a bed or a chair to eating, bathing, grooming, or getting dressed. The expert care team at Homestead At Hamilton will also arrange transportation for residents, and provide laundry and housekeeping services.
Why Join A Retirement Community In Hamilton New Jersey
At a retirement community, you can thrive on your own terms. By minimizing home responsibilities like cooking and cleaning, you can achieve the total freedom to define your retirement living. Enjoy the company of new friends during social events, pursue your wellness goals at the neighborhood pool or try something new with an art class. No matter how you decide to spend your time, youll feel at ease with 24/7 security monitoring and have everything you need within close walking distance.
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Solvere Senior Living To Develop Homestead At Hamilton
UncategorizedApril 8, 2016
To help meet growing demand, Solvere Senior Living is developing its first community, the Homestead at Hamilton in central New Jerseys Mercer County. A study by the company shows the area is home to an expanding number of seniors, with about two-thirds of the population estimated to be above age 60 by 2020. The new community will provide 195 apartments for independent living, assisted living and memory care, located on a 24-acre site at the corner of Kuser and Klockner Roads in Hamilton, about an hours drive from New York City, Philadelphia and the Jersey Shore.
Solvere and Pike Construction Co. LLC, co-developer and general contractor, are investing $59.1 million in the project. The Homestead at Hamilton is expected to create more than 430 direct and indirect jobs for the area, with an annual payroll in excess of $1 million. To mark the construction of the new community, there will be an open-to-the public information reception from 4 6 p.m. Thursday, April 14 at The Stone Terraces Hamilton Room at 2275 Kuser Road, Hamilton Township, NJ 08610. In attendance will be Hamilton Mayor Kelly Yaede, local and regional officials and members of the business and civic communities. Reservations are required and space is limited. Please call 877-340-0125.
We are very excited about Homestead at Hamilton and the services and support it will provide to area citizens and the community as a whole, Ward said.
Cushman & Wakefield Brokers $975m Sale Of Seniors Housing Community In Hamilton New Jersey
Homestead at Hamilton in Central New Jersey spans roughly 220,000 square feet and features 195 combined assisted living, independent living and memory care units.
HAMILTON, N.J. Cushman & Wakefield has brokered the $97.5 million sale of Homestead at Hamilton, a 195-unit seniors housing community located outside of Trenton in Central New Jersey. Homestead at Hamilton sits on 20 acres and offers independent living, assisted living and memory care services. Amenities include a restaurant-style dining room, a pub, game and card room, fitness center and a rehabilitation gym. Richard Swartz, Jay Wagner, Jim Dooley and Jack Griffin of Cushman & Wakefield represented the seller and developer, an affiliate of Pike Construction Co., in the transaction. The buyer was Inspired Healthcare Capital. Homestead at Hamilton was close to fully leased at the time of sale.
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