The Cedar Crest 90% Refundable Entrance Fee

A Smart Structure for Your Retirement

Cedar Crest isn’t just an affordable option for many Northern New Jersey homeowners—it’s a smart financial decision for you and your family.

We offer a 90% Refundable Entrance Fee that secures your independent living apartment home for as long as you live here. Once you’ve paid your fee in full, you’ll never be asked to put more money down to stay in your home.

Here’s How the 90% Refundable Entrance Fee Works:

  • Should you decide to leave Cedar Crest, 90% of your fee will be returned to you.
  • Should you spend the rest of your life here, 90% will be returned to your heirs.
  • Should your health needs ever change while you’re living here, you can access your fee to cover your maintenance and qualified continuing care expenses.

Please reference our Residence and Care Agreement for the refund terms and conditions. We will happily provide you with a copy when you visit Cedar Crest.

Cedar Crest Sample Pricing

Prices accurate as of January 1, 2020. Contact us for current pricing and availability.

Description90% Refundable Entrance Fee* Range
Large one bedroom, one or one and a half bath$168,000–$294,000
Extra large one bedroom, one or one and a half bath with den$249,000–$314,000
Large two bedroom, one or one and a half bath$262,000–$345,000
Large two bedroom, two bath$336,000–$658,000
Luxury two bedroom, two bath with balcony, sunroom and/or den$505,000–$758,000
*As per the Residence and Care Agreement. This price sheet is for reference only. A wide variety of floor plans are available with specific pricing determined by size, style, location, and special features such as balconies, patios, and bay windows. Please ask Sales Counselor Ruth Phillips for pricing details and availability.

See everything that’s included in your predictable monthly service package.

When you sit down and work out the cost of maintenance, repairs, and everything that’s included here, it is a very good value.
Joseph S.