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May 24, 2024

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Site Work Gets Underway
On Cornerstone At Waretown

Walters Builds Modern Income-Restricted Apartment Community

OCEAN TOWNSHIP, N.J., April 2019 –Walters has broken ground on Cornerstone At Waretown, a premium income-restricted apartment community in Ocean County. The development, which is scheduled to open in early 2020, is constructed to achieve LEED® and ENERGY STAR® certification.

Located at 581 Route 9, Cornerstone At Waretown will feature 54 residences with one-, two- and three-bedroom floor plans and individual private entrances to each home. As a sustainably designed community it will improve the health and wellbeing of residents while saving energy, environmental resources and money.

“This will be a modern, affordable apartment community, utilizing the latest designs with an emphasis on sustainability and high-end amenities,” said Joe DelDuca, partner and director of affordable housing for Walters. “Walters designs developments to both integrate with and enhance their surrounding communities. All of our developments are evidence that we build to a high standard, and maintained over the long term.”

In addition to providing an exceptional housing option in a beautifully landscaped environment, residents will enjoy a clubhouse where they have access to a community room, fitness center and computer workstations. In addition, activities and events will be offered through a social services coordinator.

Each apartment will feature upgraded kitchens with a full appliance package, washer and dryer and wood grain vinyl planking. Residents will benefit from 24/7 on-site management and maintenance.

Located in Waretown, the community is designed to perfectly blend with its environment, bordering the Ocean County Rail Trail which is a scenic former rail line extending from Barnegat to Waretown. Residents will also enjoy easy access to the Garden State Parkway and public transit. Other conveniences include nearby shopping, dining and local beaches as well as many other recreational options.

Cornerstone At Waretown will be open individuals and families who do not make more than 60 percent of the county’s median income. For leasing information, call (609) 693-0500.

Walters manages every aspect of a development from design and construction to property management. The developer has several income-restricted housing developments underway throughout New Jersey. For more information, visit

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