Cammeby’s International has expanded its footprint in Wood-Ridge, acquiring a 406-unit apartment building in the Wesmont Station district for nearly $162 million.
Is N.J. ready for an affordable housing building boom? Experts weigh in
For all of the uncertainty over how many new affordable housing units that municipalities will be forced to allow — whether it’s 100,000 or 300,000 — there will be another key question to answer when the state Supreme Court makes that determination.
Can the market in New Jersey support that many new homes?