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PRINCETON-NEW JERSEY
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What Princeton is like for active adults
The college town of Princeton, New Jersey is the perfect retirement community for many baby boomers. The town is picture-perfect with the ivied campus of Princeton University (established in 1756) as the centerpiece to an exquisite downtown. The graceful streets feature first class shopping and restaurants. The cultural opportunities in Princeton are superb because of the university and its proximity to NY and Philadelphia. CNN/Money rated Princeton 15th on its list the 100 Best Places to Live in the U.S.

The town of Princeton, NJ is rich in history as well as culture. George Washington won the Battle of Princeton over Cornwallis in 1777. The Continental Congress met briefly in Princeton’s Nassau Hall, making it the country’s capital for 4 months.

Active adults 55+ will find a wealth of opportunities for independent as well as assisted living in the area, as developers have targeted this group as a burgeoning market for retirement communities. give way to a variety of upscale housing choices, including many communities catering to active adults in the surrounding area.Property values have continued to escalate, even through the slump of 2007. In the first quarter of 2008 City-Data.com data suggests that the average home sold for between $600,000 - $700,000.

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What is special about this community
• College town atmosphere • Princeton Theological Seminary • Drumthwacket – the New Jersey Governor’s Mansion • Nassau Hall • Rich in culture
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What is not special about this community
• Traffic can become intense at times • This is an expensive place to live • Overdevelopment is always a threat
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What kinds of people like living here
Besides thousands of college students, many wealthy people live in Princeton. Some of the nation’s largest corporations are headquartered here including Dow Jones. The culture and ambience provided by the university make for a desirable retirement community. Use this link for a page that explains the various types of retirement communities
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Local economy is driven by
In addition to the strong economic presence of the University, the area is also robust because so many large corporations have their international headquarters here.
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Physical environment
Princeton is situated in the gently rolling flatlands of New Jersey on the River.
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Cultural environment
Princeton is a cultural feast - everywhere there are cultural opportunities.
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Medical facilities
• Medical Center at Princeton • Carrier Clinic Foundation (Lawrenceville)
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Transportation
• Newark International Airport •The railroad has a stop on the Princeton campus! (Princeton Junction)
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Active Adult Communities in Princeton

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Facts about PRINCETON
State:  NJ
Environment:  Suburban,College Town,
City Population:  25,001-50,000
Median age of Population:  25-44
Avg Jan Temperature:  21-40
Median HH Income:  80,000+
Average Home Price (MLS):   $500,001+
Annual Property Tax on a $200,000 house:  NA
Total Crime Index:  81-90 (low)
Cost of Living Index:  121+ (very high)
Culture Index:  121+ (very high)
State Sales Tax:  Yes
State Income Tax:  Yes
Name of the Guide:  fran
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