Walters Completes First Phase of Cornerstone at Branchburg Affordable Community in New Jersey

by Jeff Shaw

BRANCHBURG, N.J. — Walters has completed construction of the first building at Cornerstone at Branchburg, a 150-unit, age-restricted affordable housing community in Branchburg, approximately 25 miles west of Staten Island.

Cornerstone at Branchburg is designed to attain LEED and Energy Star certifications.

“We look forward to welcoming our first residents into their energy-efficient homes which will provide a healthy and affordable living environment with long-term savings on heating and cooling costs as well as improved indoor air quality,” says Joseph Del Duca, partner and director of affordable housing for Walters.

Residents are anticipated to start moving into the first building over the coming weeks while construction on the second building continues to progress. The phased development consists of two three-story buildings situated on 11.7 acres. Construction began in May 2021 and the second building is slated for completion this spring.

Apartment floor plans include one- and two-bedroom residences, ranging from approximately 700 to 900 square feet.

Priority is given to residents with incomes 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.

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