Cornerstone at Lumberton

1 Cornerstone Dr., Lumberton, NJ 08048

Waiting List Forecast: Likely Short or None

check_circleVerified for 2022 by Connor Bailey
Rent Beds Baths SqFt
Call for Rents 1 - 3 Beds 1 - 2 Baths -

Waitlist Forecast

Since this property is a LIHTC property that might not have a project based rental assistance contract, it is likely that it either has no waiting list or the waiting list is shorter than properties with rental assistance. You should contact the property to verify.

Note: Affordable Housing Online has not confirmed the waiting list status directly with the property. This waiting list status forecast is based on our housing experts' knowledge of similar properties. You should always confirm this status directly with the property.

Cornerstone at Lumberton is a newly built affordable apartment complex offering one, two, and three bedroom units.

Dave's Thoughts On Cornerstone at Lumberton

Because Cornerstone at Lumberton participates in HUD's HOME program for rental housing and the LIHTC program, at least some of the units in this property are set aside for households earning 60% or less of the AMI and rents are capped at the local FMR and in many cases much lower. For a HOME project of this size, some of the units are set aside for households at or below 50% AMI with a corresponding lower rent cap. As this property appears not to have a project-based subsidy or any other Federal assistance, you likely will have to pay your own rent, albeit, at a lower rent amount thanks to the HOME and LIHTC programs. Since this property participates in the HOME and LIHTC programs, the property is required to accept Section 8 Housing Choice Vouchers.

Dave, Founder AHO

~ Dave Layfield, Founder of Affordable Housing Online

Cornerstone at Lumberton Amenities

  • Controlled Access
  • Fitness Center
  • Playground
  • Basketball Court
  • Community Room
  • Business Center
  • Clubhouse
  • On-Site Manager
  • Ceiling Fan(s)
  • Cable Ready
  • Walk-in Closet(s)
  • Grilling Area
  • Online Payments Accepted
  • On-Site Maintenance
  • Fully Equipped Kitchen
  • Washer and Dryer Included
  • Smoke Free
  • Swimming pool
  • Picnic Area
  • Heat and Air
  • Monthly Planned Activities
  • Online Maintenance Requests

Units at Cornerstone at Lumberton

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

Income Qualification for Cornerstone at Lumberton

*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.
AMI* 1 person 2 people 3 people 4 people 5 people 6 people
50% AMI for LIHTC Units $39,100 / year $44,650 / year $50,250 / year $55,800 / year $60,300 / year $64,750 / year
50% AMI for PBRA Units $39,100 / year $44,650 / year $50,250 / year $55,800 / year $60,300 / year $64,750 / year
60% AMI for LIHTC Units $46,920 / year $53,580 / year $60,300 / year $66,960 / year $72,360 / year $77,700 / year

*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.

FAQs for Cornerstone at Lumberton

Does Cornerstone at Lumberton have a waiting list?

Cornerstone at Lumberton probably doesn't have a waiting list, and, if it does, the wait times are most likely short. We haven't confirmed if this is the case, so you should contact the property to confirm.

Are rents subsidized at Cornerstone at Lumberton?

We believe rents are most likely NOT subsidized at any of the units at this property since our research has not discovered any public housing or rental assistance contracts associated with this property. This means you will most likely have to pay the full rent no matter your income. Note: In some rare instances, some properties may have a small number of units subsidized through state or private programs.

What property management company manges Cornerstone at Lumberton?

Cornerstone at Lumberton is managed by Walters Group Apartments headquartered in Barnegat, NJ.

In addition to Cornerstone at Lumberton, how many other affordable housing properties (and units) are there in Lumberton?

In addition to Cornerstone at Lumberton, we list 4 other affordable properties in Lumberton. Learn about these properties here. Our data research shows that there are a total of 492 affordable units in Lumberton.

When was the Cornerstone at Lumberton listing last updated?

Cornerstone at Lumberton listing on Affordable Housing Online was last updated on 12/29/2022 by Connor Bailey. Remember, a property's status can change so you should contact the property to confirm.

Listings Near Cornerstone at Lumberton

Acacia Lumberton

423 East Landing Street, Lumberton, New Jersey 08048

Lumberton Independent Living Campus 347

1563 Route 38, Lumberton, New Jersey 08048

Acacia Lumberton Manor Handicap Access

423 A Landing St, Lumberton, New Jersey 08048

Lumberton Campus, Lp

Route 38 And Madison Ave, Lumberton, New Jersey 8048

Rent observations may change. We encourage users to verify rents and eligiblity requirements directly with the property.