Printer-friendly version: Click here
Community Offers Age-, Income-Restricted Apartments in Somerset County, N.J.
BRANCHBURG, N.J. (March 29, 2023) – Cornerstone at Branchburg, a new, premium 55+ age- and income-restricted apartment community, is nearing completion as active leasing continues. Walters, the property’s award-winning developer, is putting the finishing touches on the second building at 1000 Cornerstone Drive, on target for an April delivery; the sustainably designed community offers a total of 150 rental homes.
“Walters is proud to build high-quality apartments attuned to the specific needs of residents and the host community,” said Joe Del Duca, partner and director of affordable housing for Walters. “Amid continued demand for age-restricted housing in the regional marketplace, Cornerstone at Branchburg already is popular among active seniors and empty-nesters.
Designed to attain LEED® and ENERGY STAR® certifications, Cornerstone at Branchburg is comprised of two three-story buildings, situated on 11.7 acres in Somerset County. The first building, offering 75 units, is now 40% occupied. Pre-leasing is now underway for the second building. Apartments include one- and two-bedroom layouts, ranging in size from 700 to 900 square feet. Every residence features a full-size washer and dryer, fully equipped kitchen, and window blinds in every room.
Cornerstone at Branchburg boasts a range of high-end amenities such as a state-of-the-art fitness center, computer workstations, pool table and outdoor areas with gas grills. Walters also provides support services and programs that create a maintenance-free, easy lifestyle and healthy living experience for residents.
Rents at Cornerstone at Branchburg are income restricted and available to those who earn 60% or less of the area’s median income. Rates are based on the renter’s gross annual income, according to the rent/income requirements chart.
Walters is a leader in sustainable construction and has developed award-winning LEED-certified developments throughout New Jersey. Cornerstone at Branchburg marks the 20th affordable multifamily project completed by Walters.
Applications and inquiries for Cornerstone at Branchburg can be made by calling 908-252-0005, or visiting wgapts.com.
500 Barnegat Blvd. N., Building 100, Barnegat, NJ 08005