MANAHAWKIN, NJ-The Walters Group, developer of Stafford Park Apartments, is nearing completion on the first two buildings of the residential project, consisting of 46 affordable housing units. The new apartments are expected to be ready for occupancy by October 1, according to the Barnegat-based developer.

The residential community is part of the 370-acre Stafford Park redevelopment, located off Exit 63 of the Garden State Parkway, on Stafford Park Blvd. here. The site of a former landfill, the Walters Group is transforming the area into a mixed-use community, with a planned 25,000 square feet of office space and 650,000 feet worth of retail and recreation.

When completed, Stafford Park Apartments will consist of five low-rise buildings, featuring a selection of energy-efficient one-, two- and three-bedroom layouts with rents ranging from $468 to $1,207 per month. Each unit will be equipped with Energy Star appliances, including a microwave, dishwasher, refrigerator, stove and a full-size washer/dryer.

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