Residence at Roosevelt Park is managed by Pennrose Management Company.
Residence at Roosevelt Park is Middlesex County's highly anticipated affordable senior (62+) housing development. It consists of 84 one- and two-bedroom units, ranging from 659 square fee to 1,034 square feet. Units are affordable at a variety of income tiers and ADA units are available to those with mobility challenges.
Each unit features a combined living and dining area and fully equipped kitchen. Bright, airy common rooms on each floor welcome residents and their visitors to gather for entertainment and conversation.
Residence at Roosevelt Park is situated on a hillside overlooking Middlesex County’s breathtaking Roosevelt Park, which offers beautiful walking and jogging paths, picnic groves, an ice skating rink and the iconic Plays-in-the-Park summer theater series.
Unit (Bd/Ba) | Ft2 | Rent |
---|---|---|
One Bedroom (1/1) | 654 | From $1,203 To $1,458 |
Two Bedroom (2/2) | 1092 | From $1,441 To $1,746 |
This project has been funded and will begin construction soon.
Day | Hours |
---|---|
Monday | 8:30am-5:00pm |
Tuesday | 8:30am-5:00pm |
Wednesday | 8:30am-5:00pm |
Thursday | 8:30am-5:00pm |
Friday | 8:30am-5:00pm |
Since this property has received funding in part through the Low Income Housing Tax Credit (LIHTC) program, a certain number of units are set aside for lower income households. Households must earn either less than 50% or 60% of the area median income (depending on the set-aside option chosen by the property owner) to qualify for these units. Rents in these units are capped at a maximum of 30% of the set-aside area median income (adjusted for unit size). Some rental units in this property may not be subject to LIHTC and therefore have higher rents and no maximum household income requirement.