Construction Underway on Walters’ Affordable Community in Atlantic County
Cornerstone at Galloway artist rendering
GALLOWAY, N.J. (Feb. 12, 2026) — A housing lottery for Cornerstone at Galloway III, a premium income-restricted apartment community developed by Walters, is now open to interested applicants.Located at 110 South Wrangleboro Road, Galloway, the community will feature 66 new units. Applications to enter the housing lottery will be accepted through Monday, March 2. The drawing will take place on Monday, March 9.
Cornerstone at Galloway III is the final phase of a three-phase family community currently under construction in Atlantic County. Completion is on track for the spring of 2026. Layouts will include one-, two-, and three-bedroom units. Residents benefit from having a private front door entrance that opens directly to the street.
“At Walters, we’re proud to provide vital income-based apartments and services to people who need it the most,” said Joe Del Duca, partner and director of Affordable Housing for Walters. “Our LEED certified developments create direct and indirect benefits – helping residents of varied income levels while making a positive economic and environmental impact on the community. We take a hands-on approach, building to a high standard and maintaining our properties over the long term. Overall, our goal is to provide residents with the opportunity to live, work, and play directly within the communities they serve.”
Apartments will feature full-size washers/dryers, fully equipped kitchens, window blinds in every room, and secure key fob access. Residents will enjoy on-site amenities such as a multipurpose clubhouse with a state-of-the-art fitness center, a children’s playground, a basketball court, computer workstations, and onsite parking. In addition to managing the property, Walters provides residents with on-site supportive services.
Cornerstone at Galloway III will be available to residents whose incomes are at or below 60 percent of the area median income. Rental rates are based on the renter’s gross annual income, according to the rent/income requirements chart. Inquiries for Cornerstone at Galloway III can be made by calling 609-607-9500 or visiting www.wgapts.com.
Walters is a real estate owner, developer, and property manager committed to the highest construction standards and environmentally responsible building practices. The privately held firm builds income-restricted and market-rate housing, premium custom homes, retail centers and office buildings. Active throughout New Jersey, Walters has three divisions—Walters Homes, Walters Architecture LLC and Walters Apartments. The team has the skills and expertise required to handle the most complex suburban developments from concept to completion.
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500 Barnegat Blvd. N. Building 100, Barnegat, NJ 08005
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