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The 10 Best Assisted Living Facilities in Parsippany, NJ for 2024

Also serving communities of Whippany, Mountain Lakes, Montville.

There are 32 Assisted Living Facilities in the Parsippany area, with 2 in Parsippany and 30 nearby.

The average cost of assisted living in Parsippany is $3,500 per month. This is lower than the national median of $3,895.

To help you with your search, browse the 1256 reviews below for assisted living facilities in Parsippany. On average, consumers rate assisted living in Parsippany . Better rated regions include Morris Plains with an average rating of 4.32 out of 5 stars.

Caring.com has helped 5 families in Parsippany find high-quality senior care. To speak with one of our Family Advisors about assisted living options and costs in Parsippany, call (855) 948-3865.

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Assisted Living Facilities in Parsippany, New Jersey

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What to Consider About Assisted Living in Parsippany

Parsippany is located at the mouth of the Hudson River in New Jersey and is home to several historic sites, including Craftsman Farms. Here, visitors can tour the estate of famed furniture designer, Gustav Stickley. Parsippany has about 52,000 residents, approximately 16% of whom are aged 65 and over. 

Parsippany seniors have two assisted living facilities to choose from, and there are over two dozen more in nearby cities. In Parsippany and throughout the state, these facilities are licensed by the New Jersey Department of Health and Senior Services and are categorized as assisted living residences, comprehensive personal care homes and assisted living programs, depending on the accommodations they provide. 

Benefits and Drawbacks of Assisted Living in Parsippany

  • Parsippany has an array of community resources for seniors, including the Office on Aging and the Physically Handicapped, an organization that provides programs to promote awareness of resources and services for area seniors, as well as one senior center.
  • While ozone pollution levels in Parsippany are very high, with the American Lung Association giving Morris County a D for this type of pollution, particle pollution levels are very low. Short-term particle pollution levels are rated an A, and the region receives a passing score for annual particle pollution. This may be a consideration for some seniors, particularly those with certain medical conditions. 
  • Parsippany seniors do not pay state income tax on Social Security benefits, and those over the age of 62 are eligible for a large deduction on other types of retirement income. This may benefit seniors living on fixed incomes. 
  • The Parsippany area has no facilities from which to choose in the event of a medical emergency or illness, with the nearest major hospital located in Denville.
  • The overall cost of living in Parsippany is high, even by New Jersey's standards. The city's cost of living is about 55% higher than the national average and about 20% higher than the statewide average. This may be a concern for seniors who have a tight budget for assisted living expenses. 
  • Parsippany is prone to extreme temperatures, with hot summers and cold winters. Over the course of a year, temperatures range between 20 degrees and 85 degrees, which may limit seniors who enjoy participating in outdoor activities throughout the year.  

Note: Data on this page was updated in 2019 and based on the latest 2018 figures

Paying for Assisted Living in Parsippany

Assisted Living costs in Parsippany start around $3,500 per month on average, while the nationwide average cost of assisted living is $4,000 per month, according to the latest figures from Genworth’s Cost of Care Survey.

It’s important to note that assisted living rates in Parsippany and the surrounding suburbs can vary widely based on factors such as location, the level of care needed, apartment size and the types of amenities offered at each community.

Cities in New Jersey

Randolph

$7,752

Livingston

$6,237

Florham Park

$6,178

Morris Plains

$5,502

Wayne

$4,674

Avon

$4,170

US

$4,000

Parsippany

$3,500

Financial Assistance for Assisted Living in Parsippany

In Parsippany, eligible seniors may have assisted living services are paid for through the Medicaid Managed Long-Term Services and Supports Medicaid waiver.

Learn more about these programs, plus who’s eligible, on our Assisted Living in New Jersey page.

Financial Assistance in New Jersey

More Ways to Pay for Assisted Living

While many families use their own funds or personal assets to pay for assisted living, there are plenty of additional options to cover these costs. Some additional ways to finance assisted living costs include:

  • Veterans Benefits
  • Life Insurance Policy
  • Long-Term Care Insurance
  • Reverse Mortgage

For more information about different ways to finance assisted living, visit our Assisted Living in New Jersey page.

Free Assisted Living Resources in Parsippany

Parsippany and the surrounding area are home to numerous government agencies and non-profit organizations offering help for seniors searching for or currently residing in an assisted living community. These organizations can also provide assistance in a number of other eldercare services such as geriatric care management, elder law advice, estate planning, finding home care and health and wellness programs.

To see a list of free assisted living resources in Parsippany, please visit our Assisted Living in New Jersey page.

Assisted Living Laws and Regulations in Parsippany

Parsippany-area assisted living communities must adhere to the comprehensive set of state laws and regulations that all assisted living communities in New Jersey are required to follow. Visit our Assisted Living in New Jersey page for more information about these laws.

Laws and Regulations in New Jersey

Helpful Articles

Assisted Living near Parsippany, NJ

Morris PlainsFlorham ParkLivingstonRandolphWayneAvon

Other Options in Parsippany, NJ

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The material on this site is for informational purposes only and is not a substitute for legal, financial, professional, or medical advice or diagnosis or treatment. By using our website, you agree to the Terms of Use and Privacy Policy

Caring.com

Caring.com is a leading online destination for caregivers seeking information and support as they care for aging parents, spouses, and other loved ones. We offer thousands of original articles, helpful tools, advice from more than 50 leading experts, a community of caregivers, and a comprehensive directory of caregiving services.

 

The material on this site is for informational purposes only and is not a substitute for legal, financial, professional, or medical advice or diagnosis or treatment. By using our website, you agree to the Terms of Use and Privacy Policy

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