Residency Agreements at Fellowship Village

Comparing senior living contracts

We offer three contract options for incoming Independent Living residents. The best choice for you depends on your financial situation.

  • The Traditional Refund Plan includes an abundance of amenities and services at a lower entrance fee. Plus, you may benefit from a significant upfront and an annual medical deduction on your tax return. Entrance fees range from $219,300 to $889,900 (No 2nd person entrance fee) with Monthly Fees from $3,811 to $7,511 for singles and an additional second person monthly service fee of $995.
  • The 50% Refundable Traditional plan provides a return of 50% of the entrance fee and includes an abundance of amenities and services at a higher entrance fee. Plus, you may benefit from a significant upfront and an annual medical deduction on your tax return. Entrance fees range from $427,625 to $1,735,300 (No 2nd person entrance fee) with Monthly Fees from $3,811 to $7,511 for singles and an additional second person monthly service fee of $995.
  • The 80% Refund Plan provides a return of 80% of the entrance fee so long as the resident never moves to long-term care. Should a resident move to long-term care, a 10% discount is applied to the then current per diem rate. Entrance fees range from $328,950 to $1,334,750 (No 2nd person entrance fee) with Monthly Fees from $2,900 to $7,511 for singles and an additional second person monthly service fee of $995.

To learn more about our premier senior living community options, please contact us at 908-580-3840 to speak with one of our experienced senior living counselors.