In the first quarter of 2026, Rivers Edge Holdco, LLC owned Waterfront Rehabilitation and Healthcare Center, according to Centers for Medicare and Medicaid Services (CMS). Located in Somerset County, the nursing home has operated under Rivers Edge Holdco, LLC since April 1, 2023.
Waterfront Rehabilitation and Healthcare Center operates as a for-profit facility.
At that time, the nursing home received a five-star overall CMS rating—higher than New Jersey’s average rating of 3.4 for nursing homes. CMS evaluates these facilities based on health inspections, staffing, and the quality of resident care.
Data show that Waterfront Rehabilitation and Healthcare Center cared for an average of 128.6 residents daily during the first quarter of 2026, out of 138 available beds. The facility is not affiliated with a hospital.
During the same period, Waterfront Rehabilitation and Healthcare Center reported no fines or penalties.
There were 10 for-profit nursing homes located in Somerset County, New Jersey.
U.S. Census Bureau estimates indicate the population of older adults in the United States is growing while the number of children declines. From 2020 to 2024, Americans age 65 and older rose by 13%, as those under 18 dropped by 1.7%. Over the past 100 years, the country’s older adult population has expanded significantly—from 4.9 million in 1920 to more than 61 million by 2024.
A 2021 analysis found that almost half of Americans in this age group, or nearly 28 million people, may need long-term services and support. The analysis further projects more than a third could ultimately require nursing home care.
“Living a long life is something that many of us want and could get,” said Jesse Slome, executive director of the American Association for Long-Term Care Insurance, an insurance education group. “But when we live a long life, the chances of us needing long-term care increase exponentially. But when you need that type of care, there are limited options.”
| Nursing Home | Owner | Ownership Type | Overall Rating | Avg. No. of Residents per day |
|---|---|---|---|---|
| Abingdon Care & Rehabilitation Center | Hyman Jacobs and Livia Jacobs | For profit – Limited Liability company | 2 | 109.6 |
| Bridgeway Care and Rehab Center at Bridgewater | Donald Pelligrino | For profit – Corporation | 2 | 138.6 |
| Bridgeway Care and Rehab Center at Hillsborough | Donald Pelligrino | For profit – Limited Liability company | 4 | 118.8 |
| Complete Care at Green Knoll | Eef Capital, LLC | For profit – Corporation | 4 | 147.5 |
| Foothill Acres Rehabilitation & Nursing Center | Mordechai Schon | For profit – Limited Liability company | 3 | 166.3 |
| Parker at Somerset, Inc. | Parker Health Group, Inc. | Non profit – Corporation | 5 | 111.1 |
| Regency Heritage Nursing and Rehabilitation Center | David Gross | For profit – Individual | 4 | 196.5 |
| Somerset Woods Rehabilitation & Nursing Center | Steven Friedman, Hershel Gottlieb, Naomi Halpert, Arthur Schachter, and Benzion Schachter | For profit – Limited Liability company | 2 | 102.7 |
| The Arbor at Laurel Circle | LCS NJ I, LLC | For profit – Limited Liability company | 4 | 40.8 |
| Waterfront Rehabilitation and Healthcare Center | Rivers Edge Holdco, LLC | For profit – Corporation | 5 | 128.6 |
Information in this article was obtained from the Centers for Medicare and Medicaid Services. The source data can be found here.
