Proximity to Shops, Restaurants, Transportation and Culture Attracts Home Buyers of All Ages to Princeton

2015-03-31_14-28-58When courting the “young professional” demographic, towns like to boast about their numerous restaurants and shops, cultural attractions and proximity to mass-transportation. But the desire for convenient, walkable neighborhoods, quality dining and a full assortment of entertainment options is hardly unique to 20- and 30-somethings. More and more, people of all ages say they flourish in vibrant town center settings, and are actively seeking them out.

Downtown Princeton epitomizes the type of neighborhood where people from multiple age groups thrive. The well-connected local street network makes navigating the downtown easy, and the variety of destinations allows several tasks to be completed at once, which is especially convenient for older demographics. More than 40 brand-name stores, boutiques, restaurants and specialty food shops are located in the heart of town at Palmer Square, and even more options are available on Nassau Street, the town’s main thoroughfare.

Princeton’s natural “walkability,” accessibility, and wide variety of businesses were a few of the core qualities that helped it become the first municipality in New Jersey to earn the World Health Organization’s (WHO) “Age-Friendly Community” designation last year. The WHO cited the ability for older adults to easily access numerous amenities and social interactions near their homes as additional factors it considered before adding the town to its global network of age-friendly places.

“The pedestrian-friendly character of Princeton makes it a highly-desirable place to live, work and play for people of all ages,” said David Newton, Vice President of Palmer Square Management, which is actively marketing a collection of luxury residences in the center of the community’s downtown. “The Residences at Palmer Square puts residents right in the middle of it all, with charming sidewalk bistros, upscale boutiques and world-famous Princeton University just steps from their front door. It’s a compelling lifestyle that’s further enhanced by the variety of home designs we have and the privacy provided by the community’s lushly-landscaped promenades which create a scenic buffer from the retail landscape. The result is a best-of-both worlds setting for all of our residents.”

Located on Paul Robeson Place between Chambers and Witherspoon Streets, The Residences at Palmer Square was conceived as a European-style town square for Princeton that would include shops, restaurants and residences as a complement to Princeton University. Minno & Wasko Architects and Planners of Lambertville, NJ, has created a number of distinctive elevations which expertly complement the brick, Federal-style exteriors and Colonial-era structures of the immediate Palmer Square environment.

The community features two- and three-bedroom, single-level flats ranging from 1,623 to 3,195 square feet of living space, priced from $1,590,000. Multi-level, two- and three-bedroom townhomes range from 2,516 to 4,476 square feet and are priced from $1,575,000 to $2,950,000.

A limited collection of rental residences is also available, with two- and three-bedroom floor plans ranging from 1,417 to 3,195 square feet of living space. The rental residences are available with monthly rents starting at $4,543.

Steel and concrete construction offers the highest level of quality and privacy, while terraces in many homes and lushly-landscaped promenades, courtyards and common areas offer desirable outdoor space. Homeowners also enjoy indoor parking.

Custom interior features and appointments at The Residences at Palmer Square include private elevators and 10-foot first-floor ceiling heights in townhomes, nine-foot ceilings in condominiums, and tray ceilings in living and dining areas and master bedrooms. Extensive millwork, including striking fireplaces with marble hearths, pocket doors and elegant crown moldings, add style and elegance to the homes. Gourmet kitchens are notable for maple cabinets, granite countertops and Viking stainless steel appliance packages, while spa-like Master baths feature whirlpool tubs, double sinks, glass showers, and marble countertops.

Downtown Princeton is conveniently located near a number of highways and mass-transit options. The Princeton train station is located just a short walk from the Residences at Palmer Square, offering NJTRANSIT service to Manhattan and Philadelphia, via transfer.

For additional information on The Residences at Palmer Square and to make a private appointment to view fully-furnished townhome and single-level model homes, please call 609-924-3884, or visit The sales center hours are 10-6pm Monday through Friday, and 11am-5pm on Saturday and Sunday. The sales center is located at 112 Victoria Mews in Princeton.

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