Barnegat-based Walters held a ribbon-cutting ceremony to celebrate the grand opening of Cornerstone at Branchburg, a LEED-certified community offering 150 premium age- and income-restricted housing units. The event was held at 1000 Cornerstone Drive in Branchburg. Joining the Walters team were Branchburg Deputy Mayor Anna Columbus, New Jersey Housing and Mortgage Finance Agency Credit Officer Michael Coe and Branchburg Police Chief Richard Buck.
“Thanks to all the people that made this happen,” Joseph Del Duca, partner and director of affordable housing for Walters, said. “We’re extremely grateful to the township of Branchburg for their support from the start of this project. They’ve been a good partner to work with and we hope it will continue to be a long-term and happy relationship.”
Residents began moving into the premium age 55-plus apartment community earlier this year, with the first building nearly full. Many everyday conveniences are available onsite and in the local area. Seniors have access to a community room with a billiards table, a fully equipped kitchen, a state-of-the-art fitness center, a computer center, outdoor areas with gas grills and shuttle service. A staffed social services coordinator is available upon request.
“Walters is proud to be delivering a high-quality apartment community where seniors can have access to safe and affordable housing in a supportive environment,” Del Duca added.
Situated on nearly 12 acres in Somerset County, the two-building development offers one- and two-bedroom apartment homes, ranging from approximately 700 to 900 square feet. Every residence features a full-size washer and dryer, fully equipped kitchens, window blinds in every room and secure key fob access.
Cornerstone at Branchburg apartments are available to residents whose incomes are at or below 60% of the area’s median income. Rental rates are based on the renter’s gross annual income, according to the rent/income requirements chart.