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Preferred Companion Homecare
Home Care & Respite Care · Newark, NJ

Preferred Companion Homecare

Home Care & Respite Care · Newark, NJ
1 Gateway Ctr # 2600, Newark, NJ 07102 View map Calculator: See prices in your area
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Overview of Preferred Companion Homecare

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Located in Newark, NJ, Preferred Companion Homecare provides non-medical home care services, including live-in care, personal hygiene, dementia care, companionship, veterans care, personal care, respite care, and mobility assistance to individuals in need. As a trusted home care provider, they guarantee that their dedicated team consists of highly skilled and experienced caregivers who undergo rigorous screening, background checks, and training to ensure they are fully prepared for handling and delivering optimal care services.

Preferred Companion Homecare builds and maintains positive relationships with the community, including local Home Care and Health Care organizations, to ensure that seniors receive the best care and support. The home care provider also recognizes that their dedicated team is their greatest asset. Hence, they ensure that their team is recognized, supported, and at their best state to provide the highest quality of care.  

(973) 988-2988
(973) 988-2988 info@preferredcompanionhc.com
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Walk Score
Walk Score: 96 / 100 Rank #8 / 640Walk Score — State benchmarkedThis home is ranked 8th out of 640 homes in New Jersey. Shows how walkable this facility's neighborhood is compared to the average Walk Score across New Jersey facilities. Higher scores benefit residents, families, and staff.Rankings are based only on facilities in New Jersey that report data for that category. Facilities without available data are excluded from the ranking.Click the rank badge to see the full State ranking.Click here to see the full State ranking.
Walker's paradise. Daily errands do not require a car, with many shops and services nearby.

About this community

License Details

License NumberHP0338500

Amenities & Lifestyle

Specific ProgramsPersonal Hygiene, Companionship, Veterans Care

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Address 0.4 miles from city center Info Estimated distance in miles from Newark's city center to Preferred Companion Homecare's address, calculated via Google Maps.

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Financial Assistance for
Home Care in New Jersey

Preferred Companion Homecare is located in Newark, New Jersey.
Here are the financial assistance programs available to residents in New Jersey.

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Managed Long Term Services and Supports

NJ Medicaid MLTSS

Age 65+ or disabled
General New Jersey resident, Medicaid- eligible, nursing home-level care need.
Income Limits (2025) ~$2,829/month 300% FBR, individual
Asset Limits $2,000 (individual), $3,000 (couple).
NJ

High urban demand; managed care model.

Benefits
In-home care (5-7 hours/day) Assisted living Respite (240 hours/year) Medical services

JACC (Jersey Assistance for Community Caregiving)

NJ JACC

Age 60+
General New Jersey resident, at risk of nursing home.
Income Limits ~$2,500/month individual, varies
Asset Limits $40,000 individual
NJ

Higher asset limit; limited funding.

Benefits
In-home care (3-5 hours/week) Respite (up to 10 days/year) Home modifications (~$1,000 avg.)

Pharmaceutical Assistance to the Aged and Disabled (PAAD)

New Jersey PAAD

Age 65+
General NJ resident, enrolled in Medicare Part D or eligible.
Income Limits (2025) ~$42,142/year (individual), ~$49,209/year (couple).
Asset Limits Not assessed.
NJ

Copays $5 (generic), $7 (brand); covers Part D premiums up to benchmark.

Benefits
Prescription cost reduction ($500-$1,000/year savings) Premium assistance ($20/month above benchmark)

Senior Gold Prescription Discount Program

New Jersey Senior Gold

Age 65+
General NJ resident, enrolled in Medicare Part D or eligible.
Income Limits (2025) ~$42,142-$52,142/year (individual), ~$49,209-$59,209/year (couple).
Asset Limits Not assessed.
NJ

Copays $15 + 50% of remaining cost; no premium assistance.

Benefits
Prescription cost reduction (~$300-$800/year savings)

Medicare Savings Program (MSP)

New Jersey Medicare Savings Program

Age 65+ or disabled
General NJ resident, Medicare Part A/B.
Income Limits (2025) ~$2,510/month (QMB), ~$3,380/month (SLMB), ~$3,598/month (QI)—individual.
Asset Limits $9,430 (individual), $14,130 (couple).
NJ

Three tiers; no waitlist; includes Extra Help for Part D.

Benefits
Covers Part B premiums ($174.70/month) Deductibles ($240/year) Copays (~20%)

Senior Freeze (Property Tax Reimbursement)

New Jersey Senior Freeze

Age 65+ by Dec 31 prior year
General NJ resident, homeowner, paid property taxes.
Income Limits (2025) ~$150,000/year combined household, projected
Asset Limits Not assessed; home ownership required.
NJ

Combines with ANCHOR/Stay NJ via PAS-1; annual application.

Benefits
Tax reimbursement (~$500-$2,000/year) for increases since base year

ANCHOR (Affordable NJ Communities for Homeowners and Renters)

New Jersey ANCHOR

Age 65+ prioritized
General NJ resident, homeowner/renter, paid property taxes/rent.
Income Limits (2025) ~$150,000/year (homeowners), ~$75,000/year (renters).
Asset Limits Not assessed.
NJ

Combines with Senior Freeze/Stay NJ; broader than prior Homestead program.

Benefits
Tax relief (~$700-$1,500/year homeowners, ~$250-$450 renters)

Stay NJ

New Jersey Stay NJ

Age 65+ by Dec 31 prior year
General NJ resident, homeowner, lived in home 10+ years.
Income Limits (2025) ~$500,000/year projected, subject to final regs
Asset Limits Not assessed; home ownership required.
NJ

Up to 50% tax credit (max $6,500); phased implementation.

Benefits
Tax credit (~$3,000-$6,500/year, projected) starting 2026

Universal Service Fund (USF)

New Jersey Universal Service Fund

Age 65+ prioritized
General NJ resident, utility customer, low-income.
Income Limits (2025) ~$3,970/month individual, 185% FPL
Asset Limits Not assessed; income-focused.
NJ

Must owe >$25 on bill; combines with LIHEAP if eligible.

Benefits
Bill credits (~$300-$1,500/year) to cap energy costs at 6% of income

NJ Family Caregiver Support Program (via NFCSP)

New Jersey Family Caregiver Support Program

Age —
General Caregivers of 60+ needing care or 55+ caregivers of others; NJ resident; functional needs (2+ ADLs).
Income Limits (2025) Prioritizes ~$24,980/year (individual); no strict cap.
Asset Limits Not assessed; need-based.
NJ

21 AAAs; rural/low-income priority.

Benefits
Respite (4-6 hours/week or 5 days/year) Adult day care ($60/day) Training Supplies (~$500/year)

VA Aid and Attendance (A&A) and Housebound Benefits

New Jersey VA Aid and Attendance/Housebound

Age 65+ or disabled veteran/spouse
General NJ resident, wartime service, need for ADL help (A&A) or homebound.
Income Limits (2025) Net income < ~$1,984/month (veteran with dependent, A&A); pension offsets income.
Asset Limits ~$155,356 net worth limit
NJ

High veteran demand in urban/rural areas.

Benefits
Cash (~$1,433-$2,642/month veteran, ~$951-$1,318 spouse) for care costs (e.g., in-home, assisted living)

Frequently Asked Questions about Preferred Companion Homecare

What neighborhood is Preferred Companion Homecare in?

Preferred Companion Homecare is in the Central Ward neighborhood.

Is Preferred Companion Homecare in a walkable area?

Preferred Companion Homecare has a walk score of 96. Walker's paradise. Daily errands do not require a car, with many shops and services nearby.

What is the address of Preferred Companion Homecare?

Preferred Companion Homecare is located at 1 Gateway Ctr # 2600, Newark, NJ 07102.

What is the phone number of Preferred Companion Homecare?

(973) 988-2988 will put you in contact with the team at Preferred Companion Homecare.

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