Walters Group Opens 70-Unit Affordable Community in New Jersey

by Jeff Shaw

BARNEGAT, N.J. — Walters Group has opened Cornerstone at Barnegat, an income-restricted, age-restricted apartment community in the coastal New Jersey town of Barnegat.

The community offers 70 energy-efficient units. Walters Group took less than a year to develop the three-story project.

During the first 90 days, priority for residency is given to qualified individuals who have been displaced by or experienced major or severe storm damage from Superstorm Sandy.

Founded in 1984, Walters Group is a residential and commercial real estate developer with offices in Barnegat and Haddonfield, N.J. The firm is planning the development of several income-restricted housing projects in Ocean and Burlington Counties.

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