Phase one construction of Cornerstone at Galloway in Atlantic County is underway, according to Walters, an award-winning developer based in Barnegat, N.J.
When completed, the new, premium income-restricted apartment community will offer a total of 198 units in nine buildings. The development is designed to achieve LEED and ENERGY STAR status for incorporating sustainable features.
“This new community will provide critical housing opportunities to families in Atlantic County,” said Joe Del Duca, partner and director of affordable housing for Walters. “As we continue to expand our presence in the state and surrounding region, we are committed to building smarter, sustainable and more inclusive housing.”
Phase one will include 66 units and is slated to be completed in the first quarter of 2026. Phase two is expected to begin once phase one is completed. The new one-, two- and three-bedroom apartments will feature full-size washers/dryers, fully equipped kitchens, window blinds in every room, and secure key fob access. Residents will also enjoy an array of on-site amenities such as a multipurpose clubhouse with a state-of-the-art fitness center, a children’s tot lot, a basketball court, computer workstations and onsite parking. In addition to managing the property, Walters provides residents with on-site supportive services.
Galloway Township offers proximity to Atlantic City and nearby attractions such as historic Smithville Village. Residents also have easy access to local beaches and many other recreational facilities.
Cornerstone at Galloway 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. Inquiries for Cornerstone at Galloway can be made by calling 609-607-9500 or visiting 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.
