Cornerstone at Waretown

581 Route 9, Waretown, New Jersey 08758

Contact Cornerstone at Waretown

Situated in Ocean Township, NJ, Cornerstone At Waretown is an income-restricted 1- 3 bedroom unit affordable housing community designed for renters who value privacy, and easy access to public transit, Barnegat Bay, and the beaches of Long Beach Island.

Cornerstone At Waretown will comprise 54 one-, two- and three-bedroom apartment homes. The community features a diverse mix of amenities and features, including individual private entrances to each home, a clubhouse with fitness center, computer workstations, children's tot lot, basketball court, and a program of resident activities. Each apartment features in-unit washer/dryer and benefits from 24/7 on-site management and maintenance. A social service coordinator is available upon request.

Unit (Bd/Ba)	Ft²	Rent
One Bedroom (1/1)	-	Call for Price
Two Bedroom (2/1)	-	Call for Price
Three Bedroom (3/2)	-	Call for Price

Eligibility for Cornerstone at Waretown

Cornerstone at Waretown Details

64 one, two and three bedroom units.
Low-Income Housing Tax Credit (LIHTC)

Property Amenities

Fitness Center
Tot Lot
Basketball Court
Clubhouse
On-Site Manager
Resident Service Coordinator
On-Site Maintenance
Resident Activities

Unit Amenities

Private Entrance
Washer and Dryer Included

Low-Income Housing Tax Credit (LIHTC)

Since this property has received funding in part through the Low Income Housing Tax Credit (LIHTC) program, a certain number of units are set aside for lower income households. Households must earn either less than 50% or 60% of the area median income (depending on the set-aside option chosen by the property owner) to qualify for these units. Rents in these units are capped at a maximum of 30% of the set-aside area median income (adjusted for unit size). Some rental units in this property may not be subject to LIHTC and therefore have higher rents and no maximum household income requirement.