Award-winning developer Walters has kicked off the affordable housing lottery for Cornerstone at Chatham, its latest income-restricted rental community. Located on a 3.2-acre site on Southern Boulevard near the Garden State Parkway, the community’s 63 two- and three-bedroom units meet LEED and ENERGY STAR certification requirements.
Residents will also enjoy an array of on-site amenities, including parking, a fitness center, a clubhouse community room, and a patio with seating and grills. From its central location, Cornerstone at Chatham is within walking distance of Chatham Mall, Hickory Square Shopping Center, Nash Park and Shunpike Field, providing convenient access to jobs, shopping, and recreation.
Homes at Cornerstone at Chatham are slated for completion by the end of the year and are available to residents whose incomes are at or below 60 percent of the area’s median income. Rents range from approximately $784 to $1,917 per month based on the renter’s gross annual income, according to the rent/income requirements chart. Applications to enter the housing lottery will be accepted through Wednesday, Sept. 4, 2024, and the drawing will take place on Sept. 12.
Based in Barnegat, Walters is an award-winning real estate owner, developer, and property manager committed to the highest construction standards and environmentally responsible building practices. Call (973) 593-0393 for a housing application or visit www.waltersgroupapartments.com.
