In today’s residential market, living in luxury doesn’t necessarily require the purchase of a home. From Millennials to Generation X-ers to Baby Boomers, more and more people are choosing to rent, and in some cases, the high-end options available to them have become virtually impossible to distinguish from for-sale properties.
In downtown Princeton, for example, Palmer Square has successfully drawn discerning homebuyers with an incomparable location directly across from Princeton University, a vibrant array of shopping and dining options, and a collection of new condominium and townhome residences that combine sophisticated living spaces with architectural charm. Those same attributes are also present in the community’s rental residences, which come with a level of flexibility some new Princeton residents are looking for.
“The common denominator is the appeal of Palmer Square’s location in the heart of this dynamic setting which allows residents to live just steps from acclaimed shops, restaurants, culture, arts and education,” says Lori Rabon, Vice President of Palmer Square. “While some are ready to make a long-term commitment to the area with a new home purchase, others prefer the freedom of renting which might align with employment contracts or their children attending Princeton schools. In either case, Palmer Square delivers the quality, luxury and lifestyle they’re looking for.”
Incorporated into Palmer Square’s overall residential offering, the rental residences feature the same architectural charm, elegant living spaces and upscale finishes and appointments as the for-sale homes. Available residences offer one-, two- and three-bedroom floor plans with monthly rents starting at $4,490.
Palmer Square also features two- and three-bedroom, single-level flats priced from $1,230,000, and multi-level, two- and three-bedroom townhomes with private street-level entrances priced from $1,825,000.
Designed by Minno & Wasko Architects and Planners of Lambertville, NJ, the community’s distinctive elevations expertly complement the brick, Federal-style exteriors and Colonial-era structures of the immediate Palmer Square environment.
Custom interior features and appointments 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 fire- places 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.
Steel and concrete construction provides the highest level of quality and privacy, while terraces in many homes and promenades, courtyards and common areas offer desirable outdoor space. Indoor parking is also available.
The community’s sophisticated residences are integrated into Palmer Square’s acclaimed collection of more than 40 brand-name stores, boutique shops, specialty food stores and restaurants. Residents also enjoy proximity to Princeton University, award-winning public and private schools, and world-class entertainment and cultural offerings. NJ TRANSIT access to New York and Philadelphia (and beyond) is only a short walk from the community, while businesses and shopping venues of the nearby Route 1 corridor are also within easy reach.
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 www.palmersquareresidences.com. The sales and leasing center is located at 22 Paul Robeson Place in Princeton.